1225 N 40th St, Phoenix, AZ 85008 Property Records

Maricopa County property record for 1225 N 40th St, Phoenix, AZ 85008

Property Summary

Property TypeApartments (5+ Units)
Details163,935 sqft · built 1983
Lot Size0.96 acres (41,808 sqft)
OwnerCompany Name on File
Last Sale$10,900,000 (Jun 2015)
Tax Bill$90,816 (2025)
Deeds & MortgagesApr 2021 Line of Credit
Dec 2018 Construction Loan
+ 2 more
Flood ZoneZone X (moderate risk)
APN125-19-008

Property Details

APN / Parcel Number

Primary APN125-19-008
Alternative APNs
  • 0312501684
  • 125190081

Interior

Units224 Units
Stories2 Stories
Building Area163,935 sqft Living Area
1st Floor Area163,935 sqft

Exterior

Year BuiltBuilt 1983
Effective Year BuiltEffective 1983
Exterior MaterialStucco
Construction TypeWood
Roof MaterialComposition Shingle
Lot Area41,808 sqft (0.96 acres)
Garage Area528 sqft
Total Buildings12 Buildings

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemHVAC

Location & Zoning

Street Address1225 N 40TH ST
CityPHOENIX
StateAZ
Zip85008-5429
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeM-H
Legal DescriptionENSIGN TRACT TRACT C MCR 15/30
Legal Range4E
Legal Township1N
Legal Section6
Legal SubdivisionENSIGN TRACT TRACT C
Legal TractC
Legal Lot NumberJ
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group3
Census Block3005
Census Tract113701

Owner

1225 N 40th St, a residential property, is owned by a company that bought it in June 2015.

Source: Maricopa County records, as of April 10, 2026

Owner of RecordCompany Name on File
Mailing Address1038 W SOUTHERN AVE, TEMPE, AZ 85282-4514
Owner TypeCompany
VestingLimited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Apr 26, 2021Deed of Trust, Mortgage · Line of Credit
ARBOR REALTY SR INC
Dec 5, 2018Deed of Trust, Mortgage · Construction Mortgage
BANC OF CALIFORNIA NA
Jul 2, 2020Warranty Deed, Transfer
Dec 5, 2018Grant Deed, Mortgage
BANC OF CA NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 5, 2015 · Amount on File
Deed SaleJun 5, 2015 · Amount on File
Prior SaleAug 29, 2006 · Amount on File
Deed Document Number2015403101
Record UpdatedOct 29, 2026

April 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address1225 N 40TH ST, PHOENIX, AZ 85008-5429
Transaction TypeMortgage
Record UpdatedNov 21, 2025
Title CompanyAMERICAN TITLE COMPANY, AMERICAN TITLE SVC AGCY LLC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000463278
DateApr 26, 2021
Instrument20210463278
Lender
NameARBOR REALTY SR INC
TypeNon-Lending Institution
AddressUNIONDALE, NY 11553
Agreement
TypeLine of Credit
AmountAmount on Record
Term36 Months
DueApr 25, 2024

December 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address1225 N 40TH ST, PHOENIX, AZ 85008-5429
Transaction TypeMortgage
Record UpdatedJul 15, 2022
Title CompanyFIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE AGEN

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000894663
DateDec 5, 2018
Instrument20180894663
Lender
NameBANC OF CALIFORNIA NA
TypeBank
AddressSANTA ANA, CA 92707
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Term179 Months
DueNov 19, 2033

July 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARICOPA AZ
Recording DateJul 2, 2020
Property Address1225 N 40TH ST, PHOENIX, AZ 85008-5429
Document Number0000592688
Map ReferenceMB 15 PG 30
Instrument DateJun 23, 2020
Instrument20200592688
Transaction TypeTransfer
Record UpdatedSep 13, 2021

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address5474 E DESERT JEWEL DR, 5474, SCOTTSDALE, AZ 85253-2502

Transferred To (Grantee/Buyer)

NameVerified Name

December 2018: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateDec 5, 2018
Property Address1225 N 40TH ST, PHOENIX, AZ 85008-5429
Instrument DateNov 19, 2018
Instrument894663
Transaction TypeMortgage
Record UpdatedDec 12, 2018
Title CompanyFIDELITY NATIONAL TITLE, FIDELITY NAT'L TITLE AGCY INC

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
Address5474 E DESERT JEWEL DR PARADISE VALLEY AZ 852532502, PARADISE VALLEY, AZ 85253-2502

Mortgage

Document Number0000894663
DateDec 5, 2018
Instrument894663
Lender
NameBANC OF CA NA
TypeBank
Address3 MACARTHUR PL, SANTA ANA, CA 92707-6067
Agreement
AmountAmount on Record
Term180 Months
DueDec 4, 2033
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1225 N 40th St was $90,816.

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityPhoenix City
Elementary School DistrictBalsz Elementary District (PK - 08)
Secondary School DistrictPhoenix Union High School District (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$2,766,630 (+288.78%)$27,666,300 (-24.59%) Land $874,500 Building $26,791,800
2025$90,816.00$711,620 (-81.68%)$36,689,300 (-5.55%) Land $1,159,800 Building $35,529,500
2024$3,884,350 (+34.03%)$38,843,500 (+34.03%) Land $1,227,900 Building $37,615,600
2023$84,651.00 (+3.73%)$2,898,150 Land $91,610 Building $2,806,540$28,981,500 Land $916,100 Building $28,065,400
2022$81,608.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 1225 N 40th St in Zone X, an area of moderate flood risk.

Source: FEMA National Flood Hazard Layer, effective October 2, 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 1225 N 40th St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.8% of the US · lower than 99.9% of Arizona
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF PHOENIX
serves 1,695,000 people · EPA ID AZ0407025
Water SourceSurface water
Last State InspectionDec 2025
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Jan 2021
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 468 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Cox Communications
Cable · Fiber in parts of the area
2,000 / 100
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless
400 / 400
AirFiber WISP
Fixed Wireless
100 / 25

May also be available: AT&T, CenturyLink, GeoLinks, T-Mobile, Verizon.

Nearby Properties on N 40th St

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