2541 E Illini St, Phoenix, AZ 85040 Property Records

Maricopa County property record for 2541 E Illini St, Phoenix, AZ 85040 · Last verified November 2025

Property Highlights

Property TypeResidential > Single Family > Home
Bathrooms1 Baths
Year BuiltBuilt 1950
Square Footage772 sqft Living Area
Lot Size5,994 sqft (0.137 acres)
OccupancyOwner Occupied
Last Sale$279,000 (2025)
Tax Bill$265.00 (2025)

Property Details

APN / Parcel Number

Primary APN122-22-027

Interior

Full Baths1 Baths
Total Rooms4 Rooms
Building Area772 sqft Living Area
Gross Area932 sqft Gross Area
1st Floor772 sqft 1st Floor
Stories1 Stories

Exterior

Year BuiltBuilt 1950
Exterior MaterialBlock Exterior
Construction TypeConcrete Blocks Construction
Roof MaterialAsphalt Roof
Lot Area5,994 sqft (0.137 acres)
Patio Area80 sqft Patio

Utilities and HVAC

Cooling SystemRefrigerator Cooling
Heating SystemHVAC Heating

Location & Zoning

Street Address2541 E ILLINI ST
CityPHOENIX
StateAZ
Zip85040-1521
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionSOUTH SIDE HOMESITES
Legal Range03E
Legal Township01N
Legal Section23
Legal QuarterSW
Legal Quarter QuarterNW
Legal SubdivisionSOUTHSIDE HOMESITES
Legal Block3
Legal Lot Number9 3
JurisdictionMARICOPA AZ
Minor Civil DivisionPHOENIX
Census Blockgroup3
Census Block3004
Census Tract115200

Owner

Source: Maricopa County records · APN 122-22-027

Assessment roll updated January 1, 2025 · Last verified November 2025

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

Owner of RecordIndividual Name on File
Co-ownerVerified Secondary Owner
Mailing Address2541 E ILLINI ST, PHOENIX, AZ 85040-1521
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleMar 18, 2025 · Amount on Record
Deed SaleMar 18, 2025 · Amount on Record
Prior SaleOct 15, 2015 · Amount on Record
Deed Doc Number20250145322
Record RefreshedJun 08, 2026

December 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address2541 E ILLINI ST, PHOENIX, AZ 85040-1521
Transaction TypeMortgage
Record UpdatedDec 30, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address2541 E ILLINI ST, PHOENIX, AZ 85040-1521

Mortgage

Document Number0000724241
DateDec 16, 2025
Instrument20250724241
Lender
NamePENNYMAC LOAN SERVICES LLC
TypeMortgage Company
AddressWESTLAKE VILLAGE, CA 91361
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded
Term361 Months
DueJan 01, 2056

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated January 1, 2025 · Last verified November 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityPhoenix City
Secondary School DistrictPhoenix Union High School District (09 - 12)
Elementary School DistrictRoosevelt 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$19,530 (+1.09%)$195,300 (+1.09%) Land $39,000 Building $156,300
2025$265.00 (-3.28%)
2024$19,320$193,200 Land $38,600 Building $154,600
2022$274.00

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
Nearest Special Flood Hazard AreaZone A, within 500 ft

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.

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