2140 W Thunderbird Rd, Phoenix, AZ 85023 Property Records

Maricopa County property record for 2140 W Thunderbird Rd, Phoenix, AZ 85023

Property Summary

Property Type	Apartments (5+ Units)
Details	248,131 sqft · built 1981
Lot Size	12.7 acres (553,735 sqft)
Owner	Company Name on File
Last Sale	$55,400,000 (Feb 2020)
Tax Bill	$221,503 (2025)
Deeds & Mortgages	Dec 2022 Mortgage Feb 2020 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`208-15-003-U`

Property Details

APN / Parcel Number

Primary APN	`208-15-003-U`
Alternative APN	`20815003U8`

Interior

Units	1264 Units
Stories	2 Stories
Building Area	248,131 sqft Living Area
1st Floor Area	248,131 sqft
Fireplaces	2 Fireplaces
Fireplace	Fireplace

Exterior

Year Built	Built 1981
Effective Year Built	Effective 1981
Exterior Material	Concrete
Construction Type	Wood
Roof Material	Built-Up Asphalt
Lot Area	553,735 sqft (12.7 acres)
Garage Area	192 sqft
Patio Area	17,110 sqft
Total Buildings	34 Buildings

Utilities, Heating & Cooling

Heating System	Heat Pump

Location & Zoning

Street Address	2140 W THUNDERBIRD RD
City	PHOENIX
State	AZ
Zip	85023-6024
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	M-H
Legal Description	S2 SE4 SEC 12 TH PT DAF COM SE COR SEC TH W 1236F TH N 60F TO TPOB TH W 944.34F TH N 20D 21M 58SC E 137.82F TH N 63D 0M 12SC E 279.12F TH N 43D 53M 17SC E 179.94F TH N 22D 2M 11SC E 286.73F TH N 1 8D 9M 4SC E 302.66F TH N 51D 52M 17SC E 75.50F TH N 7
Legal Range	2E
Legal Township	3N
Legal Section	12
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	4
Census Block	4000
Census Tract	103609

Owner

2140 W Thunderbird Rd, a residential property, is owned by a company that bought it in February 2020.

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

Owner of Record	Company Name on File
Mailing Address	11820 S STATE ST, 310, DRAPER, UT 84020-7170
Owner Type	Company
Vesting	Limited 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

Date	Document
Dec 16, 2022	Deed of Trust, Mortgage · Commercial Mortgage BERKADIA COMMERCIAL MORTGAGE LLC
Feb 18, 2020	Special Warranty Deed, Transfer · Commercial Mortgage BERKADIA COMMERCIAL MORTGAGE LLC
May 24, 2018	Special Warranty Deed, Transfer · Commercial Mortgage EAST WEST BANK
Mar 1, 2017	Grant Deed, Transfer BERKELEY POINT CAP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 18, 2020 · Amount on File
Deed Sale	Feb 18, 2020 · Amount on File
Prior Sale	May 24, 2018 · Amount on File
Deed Document Number	2020137157
Prior Transfer Date	Apr 19, 2006
Prior Transfer Doc	0000521195
Record Updated	Oct 29, 2026

December 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	2140 W THUNDERBIRD RD, PHOENIX, AZ 85023-6024
Transaction Type	Mortgage
Record Updated	Mar 5, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11820 S STATE ST 310, 310, DRAPER, UT 84020-7170

Mortgage

Document Number	0000896811
Date	Dec 16, 2022
Instrument	20220896811

Lender

Name	BERKADIA COMMERCIAL MORTGAGE LLC
Type	Mortgage Company
Address	AMBLER, PA 19002

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

February 2020: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Feb 18, 2020
Property Address	2140 W THUNDERBIRD RD, PHOENIX, AZ 85023-6024
Document Number	0000137157
Instrument Date	Feb 18, 2020
Instrument	20200137157
Transaction Type	Transfer
Record Updated	Jul 18, 2022
Title Company	COMMONWEALTH TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	11601 WILSHIRE BLVD # 5, 11601, LOS ANGELES, CA 90025-0509

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4655 S 2300 E STE 205, 205, SALT LAKE CITY, UT 84117-4679

Mortgage

Document Number	0000137158
Date	Feb 18, 2020
Instrument	20200137158

Lender

Name	BERKADIA COMMERCIAL MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

May 2018: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	May 24, 2018
Property Address	2140 W THUNDERBIRD RD, PHOENIX, AZ 85023-6024
Document Number	0000397605
Instrument Date	May 23, 2018
Instrument	20180397605
Transaction Type	Transfer
Record Updated	Jul 18, 2022
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	400 GALLERIA PKWY SE, 400, ATLANTA, GA 30339-5980

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	429 SANTA MONICA BLVD STE 600, 600, SANTA MONICA, CA 90401-3418

Mortgage

Document Number	0000397606
Date	May 24, 2018
Instrument	20180397606

Lender

Name	EAST WEST BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

March 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Mar 1, 2017
Property Address	2140 W THUNDERBIRD RD, PHOENIX, AZ 85023-6024
Document Number	0000149694
Instrument Date	Feb 28, 2017
Instrument	149694
Transaction Type	Transfer
Record Updated	Mar 13, 2017
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$27,072.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	591 W PUTNAM AVE GREENWICH CT 068306005, GREENWICH, CT 06830-6005

Mortgage

Document Number	149695
Date	Mar 1, 2017
Instrument	149695

Lender

Name	BERKELEY POINT CAP
Type	Funding / Finance Company
Address	1 BEACON ST # 14TH, BOSTON, MA 02108-3107

Agreement

Amount	Amount on Record
Term	120 Months
Due	Feb 28, 2027

Tax Assessment & Valuation

The 2025 property tax bill for 2140 W Thunderbird Rd was $221,503.

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

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Phoenix City
Secondary School District	Glendale Union High School District (09 - 12)
Elementary School District	Washington Elementary District (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$4,825,650 (+176.85%)	$48,256,500 (-18.87%) Land $9,651,300 Building $38,605,200
2025	$221,503.00	$1,743,041 (-73.24%)	$59,477,800 (-8.69%) Land $11,895,500 Building $47,582,300
2024		$6,513,620 (+44.88%)	$65,136,200 (+44.88%) Land $13,027,200 Building $52,109,000
2023	$209,307.00 (+3.37%)	$4,495,750 Land $899,150 Building $3,596,600	$44,957,500 Land $8,991,500 Building $35,966,000
2022	$202,485.00

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 2140 W Thunderbird Rd in Zone X, an area of minimal flood risk.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

Wildfire risk around 2140 W Thunderbird Rd is low, with a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 80% of the US · lower than 87% of Arizona
Wildfire Likelihood	0.01% annual chance
Exposure	None 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 System	CITY OF PHOENIX serves 1,695,000 people · EPA ID AZ0407025
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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 516 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 150
T-Mobile Fixed Wireless	100 / 20

May also be available: GeoLinks, Verizon.

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