3012 N 40th St, Phoenix, AZ 85018 Property Records

Maricopa County property record for 3012 N 40th St, Phoenix, AZ 85018

Property Summary

Property Type	Multi-Family Dwellings
Details	10,842 sqft · built 1969
Lot Size	0.842 acres (36,683 sqft)
Owner	Company Name on Record
Last Sale	$7,150,000 (Feb 2026)
Tax Bill	$5,686 (2025)
Deeds & Mortgages	Feb 2026 Sale Oct 2021 Transfer + 3 more
Flood Zone	Zone X (moderate risk)
APN	`127-21-054-A`

Property Details

APN / Parcel Number

Primary APN	`127-21-054-A`
Alternative APN	`12721054A6`

Interior

Units	13 Units
Stories	1 Story
Building Area	10,842 sqft Living Area
1st Floor Area	10,842 sqft

Exterior

Year Built	Built 1969
Effective Year Built	Effective 1969
Architectural Style	Multi-Family
Exterior Material	Concrete Block
Construction Type	Tilt-Up Concrete
Roof Material	Built-Up Asphalt
Lot Area	36,683 sqft (0.842 acres)
Garage Area	288 sqft

Exterior Amenities

Porch	Slab
Porch Area	1,008 sqft
Patio Area	546 sqft
Total Buildings	7 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC

Location & Zoning

Street Address	3012 N 40TH ST
City	PHOENIX
State	AZ
Zip	85018-7139
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
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	163
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	2
Census Block	2015
Census Tract	110902

Owner

Source: Maricopa County records, as of August 20, 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	645 G ST, 100, ANCHORAGE, AK 99501-3471
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Feb 20, 2026	Special Warranty Deed, Transfer CHICAGO TITLE AGENCY/NV INC, CHICAGO TITLE AGENCY INC
Oct 29, 2021	Intrafamily Transfer, Transfer LA COMMONWEALTH TITLE, COMMONWEALTH TITLE
Sep 23, 2020	Grant Deed, Transfer IRP ADVANCING CO II LLC
Aug 10, 2020	Special Warranty Deed, Transfer · Commercial Mortgage SWH FUNDING LLC
Jul 26, 2019	Grant Deed, Transfer READYCAP COM'L

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	Sep 23, 2020 · Amount on Record
Deed Document Number	202699400
Prior Transfer Date	Oct 28, 2021
Prior Transfer Doc	0001167336
Record Updated	Sep 20, 2026

February 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Feb 20, 2026
Property Address	3012 N 40TH ST, PHOENIX, AZ 85018-7139
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: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	MARICOPA AZ
Recording Date	Oct 29, 2021
Property Address	3012 N 40TH ST, PHOENIX, AZ 85018-7139
Document Number	0001167336
Map Reference	MB 20 PG 23
Instrument Date	Oct 28, 2021
Instrument	20211167336
Transaction Type	Transfer
Record Updated	Mar 24, 2026
Title Company	LA COMMONWEALTH TITLE, COMMONWEALTH TITLE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

September 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Sep 23, 2020
Property Address	3012 N 40TH ST, PHOENIX, AZ 85018-7139
Document Number	0000896727
Instrument Date	Sep 18, 2020
Instrument	896727
Transaction Type	Transfer
Record Updated	Oct 1, 2020
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,852.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4340 E INDIAN SCHOOL RD #21-516 PHOENIX AZ 850185398, 21-516, PHOENIX, AZ 85018-5398

Mortgage

Document Number	896728
Date	Sep 23, 2020
Instrument	896728

Lender

Name	IRP ADVANCING CO II LLC
Address	600 3RD AVE # 2, NEW YORK, NY 10016-1901

Agreement

Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

August 2020: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Aug 10, 2020
Property Address	3012 N 40TH ST, PHOENIX, AZ 85018-7139
Document Number	0000726942
Map Reference	MB 20 PG 23
Instrument Date	Aug 10, 2020
Instrument	20200726942
Transaction Type	Transfer
Record Updated	Dec 21, 2021
Title Company	CHICAGO TITLE AGENCY INC

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	6816 N 2ND ST, 6816, PHOENIX, AZ 85012-1005

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7147 E RANCHO VISTA DR UNIT 6010, 6010, SCOTTSDALE, AZ 85251-1585

Mortgage

Document Number	0000726943
Date	Aug 10, 2020
Instrument	20200726943

Lender

Name	SWH FUNDING LLC
Type	Mortgage Company

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

July 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jul 26, 2019
Property Address	3012 N 40TH ST, PHOENIX, AZ 85018-7139
Document Number	0000570676
Instrument Date	Jul 16, 2019
Instrument	570676
Transaction Type	Transfer
Record Updated	Aug 9, 2019
Title Company	CLEAR TITLE AGENCY/AZ, CLEAR TITLE AGCY/AZ

Transaction

Tax	$0.00
Additional	Notice of Trustee Sale Arm's Length

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

Mortgage

Document Number	570677
Date	Jul 26, 2019
Instrument	570677

Lender

Name	READYCAP COM'L
Address	1320 GREENWAY DR # 560, IRVING, TX 75038-7519

Agreement

Amount	Amount Recorded
Term	24 Months
Due	Jul 25, 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		$180,830 (+329.52%)	$1,808,300 (-13.05%) Land $361,600 Building $1,446,700
2025	$5,686.00 (+5.1%)	$42,100 (-82.93%)	$2,079,800 (-15.65%) Land $415,900 Building $1,663,900
2024		$246,560	$2,465,600 Land $493,100 Building $1,972,500
2023	$5,410.00

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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