Maricopa County property record for 2545 E Thomas Rd, Phoenix, AZ 85016 · Last verified April 2026
| Property Type | Commercial > Retail |
|---|---|
| Lot Size | 10,419 sqft (0.239 acres) |
| Last Sale | $1,900,000 (2019) |
| Tax Bill | $2,970.00 (2025) |
| Primary APN | 120-35-077 |
|---|---|
| Alternative APNs |
|
| Lot Area | 10,419 sqft (0.239 acres) |
|---|
| Heating Fuel | Gas Heating Fuel |
|---|---|
| Sewage | Municipal Sewage |
| Water Source | Yes (Unknown Type) Water Source |
| Street Address | 2545 E THOMAS RD |
|---|---|
| City | PHOENIX |
| State | AZ |
| Zip | 85016-7969 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | FOOTE ADD. BLKS 1-6 MCR 33/08 |
| Legal Range | 3E |
| Legal Township | 2N |
| Legal Section | 35 |
| Legal Subdivision | FOOTE ADD. BLKS 1-6 |
| Legal Block | 1-6 |
| Legal Lot Number | 4 |
| Jurisdiction | MARICOPA AZ |
| Minor Civil Division | PHOENIX |
| Census Blockgroup | 1 |
| Census Block | 1003 |
| Census Tract | 111502 |
Source: Maricopa County records · APN 120-35-077
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 Record | Company Name on File |
|---|---|
| Mailing Address | 181 W MADISON ST, 4700, CHICAGO, IL 60602-4584 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Nov 25, 2019 | Special Warranty Deed, Transfer · Unknown FIRST AMERICAN TITLE INSURANCE |
| Feb 27, 2017 | Grant Deed, Mortgage · Line of Credit CAPITAL ONE NA |
| Jan 20, 2017 | Warranty Deed, Transfer KAREP IV MO REIT LLC |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Nov 25, 2019 · Amount on Record |
| Deed Sale | Nov 25, 2019 · Amount on Record |
| Prior Sale | Jan 20, 2017 · Amount on Record |
| Deed Doc Number | 2019953288 |
| Prior Transfer Date | Nov 22, 2019 |
| Prior Transfer Doc | 0000953288 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Recording Date | Nov 25, 2019 |
| Property Address | 2545 E THOMAS RD, PHOENIX, AZ 85016-7969 |
| Document Number | 0000953288 |
| Map Reference | MB 33 PG 8 |
| Instrument Date | Nov 22, 2019 |
| Instrument | 20190953288 |
| Transaction Type | Transfer |
| Record Updated | Jul 15, 2022 |
| Amount | Amount Recorded |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | From Affidavit or Verified |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 181 W MADISON ST # ST4700, 181, CHICAGO, IL 60602-4510 |
| Name | Verified Name |
|---|---|
| Address | 18 W MADISON GROUP, CHICAGO, IL 60602 |
| Document Number | 0000953289 |
|---|---|
| Date | Nov 25, 2019 |
| Instrument | 20190953289 |
| Name | FIRST AMERICAN TITLE INSURANCE |
|---|---|
| Type | Insurance Company |
| Type | Unknown |
|---|---|
| Amount | Amount Recorded |
| Term | 84 Months |
| Due | Nov 21, 2026 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Recording Date | Feb 27, 2017 |
| Property Address | 2545 E THOMAS RD, PHOENIX, AZ 85016-7969 |
| Instrument Date | Feb 24, 2017 |
| Instrument | 137723 |
| Transaction Type | Mortgage |
| Record Updated | Aug 16, 2018 |
| Title Company | ATTORNEY ONLY |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 181 W MADISON ST #4700 CHICAGO IL 606024584, 4700, CHICAGO, IL 60602-4584 |
| Document Number | 0000137723 |
|---|---|
| Date | Feb 27, 2017 |
| Instrument | 137723 |
| Name | CAPITAL ONE NA |
|---|---|
| Type | Funding / Finance Company |
| Address | 77 W WACKER DR # 10TH, CHICAGO, IL 60601-1604 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Recording Date | Jan 20, 2017 |
| Property Address | 2545 E THOMAS RD, PHOENIX, AZ 85016-7969 |
| Document Number | 0000048602 |
| Instrument Date | Jan 13, 2017 |
| Instrument | 48602 |
| Transaction Type | Transfer |
| Record Updated | Jan 30, 2017 |
| Title Company | ATTORNEY ONLY |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $2,000.00 |
| Amount Accuracy | Confirmed |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 181 W MADISON ST #4700 CHICAGO IL 606024584, 4700, CHICAGO, IL 60602-4584 |
| Document Number | 48603, |
|---|---|
| Date | Jan 20, 2017 |
| Instrument | 48603 |
| Name | KAREP IV MO REIT LLC |
|---|
| Amount | Amount Recorded |
|---|
Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified April 2026
| Type | Name |
|---|---|
| State | Arizona |
| County | Maricopa County |
| Municipality | Phoenix City |
| Elementary School District | Creighton Elementary District (PK - 08) |
| Secondary School District | Phoenix Union High School District (09 - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $37,302 (+69.6%) | $240,658 (+10.44%) Land $240,658 | |
| 2025 | $2,970.00 (+22.12%) | $21,994 (-37.6%) Land $21,994 | $217,900 (+2.01%) Land $217,900 |
| 2024 | $35,244 (+2.63%) | $213,600 (+5.74%) Land $213,600 | |
| 2023 | $2,432.00 (-18.11%) | $34,340 Land $34,340 | $202,000 Land $202,000 |
| 2022 | $2,970.00 |
2545 E Thomas Rd is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.
Source: FEMA National Flood Hazard Layer · Maricopa County (04013C), updated October 2, 2026
| FEMA Flood Zone | Zone X moderate flood hazard · within the 0.2% annual chance floodplain |
|---|---|
| Special Flood Hazard Area | No |
Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020
| Wildfire Risk to Homes | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach of burnable land |
Values are read at the parcel center point; lenders make the official flood determination.
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