3002 N 40th St, Phoenix, AZ 85018 Property Records

Maricopa County property record for 3002 N 40th St, Phoenix, AZ 85018

Property Summary

Property Type	Apartments (5+ Units)
Details	11,492 sqft · built 1962
Lot Size	0.954 acres (41,561 sqft)
Owner	Company Name on Record
Last Sale	$7,150,000 (Feb 2026)
Tax Bill	$8,248 (2025)
Deeds & Mortgages	Apr 2026 Mortgage Feb 2026 Sale + 5 more
Flood Zone	Zone X (moderate risk)
APN	`127-21-056-A`

Property Details

APN / Parcel Number

Primary APN	`127-21-056-A`
Alternative APN	`12721056A1`

Interior

Units	14 Units
Stories	1 Story
Building Area	11,492 sqft Living Area
1st Floor Area	11,492 sqft

Exterior

Year Built	Built 1962
Effective Year Built	Effective 1962
Exterior Material	Concrete Block
Construction Type	Tilt-Up Concrete
Roof Material	Composition Shingle
Lot Area	41,561 sqft (0.954 acres)
Porch	Open Slab
Patio Area	1,960 sqft
Total Buildings	3 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC

Location & Zoning

Street Address	3002 N 40TH ST
City	PHOENIX
State	AZ
Zip	85018-7137
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	M-M
Legal Description	EAST CITRUS ACRES PLAT C MCR 20/23
Legal Range	3E
Legal Township	2N
Legal Section	25
Legal Subdivision	EAST CITRUS ACRES PLAT C
Legal Lot Number	164
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	2
Census Block	2015
Census Tract	110902

Owner

Source: Maricopa County records, as of April 30, 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 Record
Mailing Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Apr 23, 2026	Deed of Trust, Mortgage · Conventional Mortgage WEST FINANCIAL CREDIT UNION
Feb 20, 2026	Special Warranty Deed, Transfer CHICAGO TITLE AGENCY/NV INC, CHICAGO TITLE AGENCY INC
Oct 29, 2021	Special Warranty Deed, Construction Loan · Construction Mortgage SABAL CAPITAL II LLC
Aug 6, 2020	Quit Claim Deed, Transfer · VA Mortgage UNITED WHOLESALE MTG
Jul 31, 2020	Warranty Deed, Transfer CHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY
May 19, 2020	Warranty Deed, Transfer NOT AVAILABLE
Jul 26, 2019	Special Warranty Deed, Transfer · Commercial Mortgage READYCAP COMMERCIAL LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 20, 2026 · Amount on Record
Deed Sale	Feb 20, 2026 · Amount on Record
Prior Sale	Jul 26, 2019 · Amount on Record
Deed Document Number	202699400
Prior Transfer Date	Jun 15, 1998
Prior Transfer Doc	0001030730
Record Updated	Oct 29, 2026

April 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Recording Date	Apr 23, 2026
Property Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137
Document Number	0000243922
Instrument Date	Apr 20, 2026
Instrument	2026243922
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	PREMIER TITLE COMPANY, PREMIER TITLE AGENCY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000243922,
Date	Apr 23, 2026
Instrument	2026243922

Lender

Name	WEST FINANCIAL CREDIT UNION

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months

Interest

Rate Type	Adjustable Rate
Rate	6.22%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

February 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Feb 20, 2026
Property Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137
Document Number	0000099400
Map Reference	MB 20 PG 23
Instrument Date	Feb 11, 2026
Instrument	20260099400
Transaction Type	Transfer
Record Updated	Mar 24, 2026
Title Company	CHICAGO TITLE AGENCY/NV INC, CHICAGO TITLE AGENCY INC

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4340 E INDIAN SCHOOL RD STE 21, 21, PHOENIX, AZ 85018-5360

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	645 G ST STE 100, 100, ANCHORAGE, AK 99501-3471

October 2021: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Oct 29, 2021
Property Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137
Document Number	0001167335
Map Reference	MB 20 PG 23
Instrument Date	Oct 28, 2021
Instrument	20211167335
Transaction Type	Construction Loan
Record Updated	Mar 24, 2026
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137

Mortgage

Document Number	0001167337
Date	Oct 29, 2021
Instrument	20211167337

Lender

Name	SABAL CAPITAL II LLC
Type	Non-Lending Institution

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	61 Months
Due	Nov 1, 2026

August 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARICOPA AZ
Recording Date	Aug 6, 2020
Property Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137
Document Number	0000715859
Instrument Date	Aug 5, 2020
Instrument	715859
Transaction Type	Transfer
Record Updated	Aug 14, 2020
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE INS CO

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Separate Estate/Property
Address	3002 N 40TH ST PHOENIX AZ 850187137, PHOENIX, AZ 85018-7137

Mortgage

Document Number	715860
Date	Aug 6, 2020
Instrument	715860

Lender

Name	UNITED WHOLESALE MTG
Type	Mortgage Company
Address	PONTIAC, MI 48341

Agreement

Type	VA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Aug 5, 2050

July 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jul 31, 2020
Property Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137
Document Number	0000693606
Instrument Date	Jul 4, 2020
Instrument	693606
Transaction Type	Transfer
Record Updated	Aug 10, 2020
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3002 N 40TH ST PHOENIX AZ 850187137, PHOENIX, AZ 85018-7137

May 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	May 19, 2020
Property Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137
Document Number	0000428764
Instrument Date	Apr 30, 2020
Instrument	428764
Transaction Type	Transfer
Record Updated	May 28, 2020
Title Company	NOT AVAILABLE

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	702 17TH AVE HONOLULU HI 968164102, HONOLULU, HI 96816-4102

July 2019: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jul 26, 2019
Property Address	3002 N 40TH ST, PHOENIX, AZ 85018-7137
Document Number	0000570676
Map Reference	MB 20 PG 23
Instrument Date	Jul 16, 2019
Instrument	20190570676
Transaction Type	Transfer
Record Updated	Jul 15, 2022
Title Company	CLEAR TITLE AGENCY OF AZ

Transaction

Amount	Amount Recorded
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	462 CANDLEWOOD LN, 462, PRESCOTT, AZ 86301-4337

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9375 E SHEA BLVD STE 100, 100, SCOTTSDALE, AZ 85260-6986

Mortgage

Document Number	0000570677
Date	Jul 26, 2019
Instrument	20190570677

Lender

Name	READYCAP COMMERCIAL LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	25 Months
Due	Aug 1, 2021

Tax Assessment & Valuation

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

Property Jurisdictions

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)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$181,500 (+197.2%)	$1,815,000 (-27.74%) Land $363,000 Building $1,452,000
2025	$8,248.00 (+5.11%)	$61,069 (-78.48%)	$2,511,600 (-11.51%) Land $502,300 Building $2,009,300
2024		$283,820 (+36.52%)	$2,838,200 (+36.52%) Land $567,600 Building $2,270,600
2023	$7,847.00 (+4.09%)	$207,900 Land $41,580 Building $166,320	$2,079,000 Land $415,800 Building $1,663,200
2022	$7,539.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	1 in force
Nearby Flood Claims	2 (2017–2018)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Feb 2018 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Not rated no burnable land within 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 935 locations within half a mile, as of December 31, 2025

Provider	Max 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
Verizon Fixed Wireless	300 / 20
AirFiber WISP Fixed Wireless	100 / 25
AT&T Fixed Wireless	100 / 20

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

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