240 E Ruth Ave, Phoenix, AZ 85020 Property Records

Maricopa County property record for 240 E Ruth Ave, Phoenix, AZ 85020 · Last verified April 2026

Property Highlights

Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Year BuiltBuilt 1983
Square Footage8,010 sqft Living Area
Lot Size14,916 sqft (0.342 acres)
Last Sale$570,000 (2015)
Tax Bill$4,797.00 (2025)

Owner

Source: Maricopa County records · APN 160-51-054

Assessment roll updated October 22, 2025 · Last verified April 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address2245 W UNIVERSITY DR, 18, TEMPE, AZ 85281-7246
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Mar 19, 2026Deed of Trust, Mortgage · Commercial Mortgage
SCOTTSDALE COMMUNITY BANK
Jan 08, 2020Deed of Trust, Mortgage · Commercial Mortgage
DESERT FINANCIAL CU
Jan 26, 2021Deed of Trust, Mortgage · Commercial Mortgage
KS STATEBANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 20, 2015 · Amount on Record
Deed SaleMay 20, 2015 · Amount on Record
Prior SaleJan 11, 2013 · Amount on Record
Deed Doc Number2015357290
Prior Transfer DateDec 05, 2002
Prior Transfer Doc0001022233
Record RefreshedJun 08, 2026

March 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address240 E RUTH AVE, PHOENIX, AZ 85020-3160
Transaction TypeMortgage
Record UpdatedMar 30, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address2245 W UNIVERSITY DR 18, 18, TEMPE, AZ 85281-7246

Mortgage

Document Number0000159320
DateMar 19, 2026
Instrument20260159320
Lender
NameSCOTTSDALE COMMUNITY BANK
TypeBank
AddressSCOTTSDALE, AZ 85258
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address240 E RUTH AVE, PHOENIX, AZ 85020-3160
Transaction TypeMortgage
Record UpdatedFeb 05, 2021
Title CompanyFIDELITY NATL TTL AGCY INC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000018192
DateJan 08, 2020
Instrument20200018192
Lender
NameDESERT FINANCIAL CU
TypeCredit Union
AddressPHOENIX, AZ 85034
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address240 E RUTH AVE, PHOENIX, AZ 85020-3160
Transaction TypeMortgage
Record UpdatedFeb 05, 2021
Title CompanySTEWART TTL & TR OF PHOENIX

Transferred To (Grantee/Buyer)

NameVerified Name
Address2245 W UNIVERSITY DR 18, 18, TEMPE, AZ 85281-7246

Mortgage

Document Number0000089340
DateJan 26, 2021
Instrument20210089340
Lender
NameKS STATEBANK
TypeBank
AddressMANHATTAN, KS 66505
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified April 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2026$175,070 (+363.75%)$1,750,700 (-10.43%) Land $350,100 Building $1,400,600
2025$4,797.00 (+5.82%)$37,751 (-79.89%)$1,954,500 (+4.11%) Land $390,900 Building $1,563,600
2024$187,730 (+10.7%)$1,877,300 (+10.7%) Land $375,400 Building $1,501,900
2023$4,533.00 (+3.38%)$169,580 Land $33,910 Building $135,670$1,695,800 Land $339,100 Building $1,356,700
2022$4,385.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Maricopa County (04013C), updated October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardModerate
500-Year FloodplainYes
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

Property Details

APN / Parcel Number

Primary APN160-51-054
Alternative APN
  • 160510546

Interior

Units28 Units
Building Area8,010 sqft Living Area
1st Floor8,010 sqft 1st Floor
Stories2 Stories

Exterior

Year BuiltBuilt 1983
Effective Year BuiltEffective 1983
Exterior MaterialStucco Exterior
Construction TypeTilt-Up Concrete Construction
Roof MaterialComposition Shingle Roof
Lot Area14,916 sqft (0.342 acres)
Patio Area252 sqft Patio

Utilities and HVAC

Heating SystemHeat Pump Heating

Location & Zoning

Street Address240 E RUTH AVE
CityPHOENIX
StateAZ
Zip85020-3160
Property UsageResidential Property Usage
TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionNORTONS SUB MCR 9-16
Legal Range3E
Legal Township3N
Legal Section32
Legal SubdivisionNORTONS SUB
Legal Block4
Legal Lot Number2
JurisdictionMARICOPA AZ
Minor Civil DivisionPHOENIX
Census Blockgroup2
Census Block2021
Census Tract105300

Nearby Properties on E Ruth Ave

Nearby Streets

Search Property Records by Address or Parcel Number