45 E Lexington Ave, Phoenix, AZ 85012 Property Records

Maricopa County property record for 45 E Lexington Ave, Phoenix, AZ 85012

Property Summary

Property TypeApartments (5+ Units)
Details13,203 sqft · built 1963
Lot Size0.23 acres (10,020 sqft)
OwnerCompany Name on Record
Last Sale$3,426,000 (Nov 2020)
Tax Bill$6,598 (2025)
Deeds & MortgagesFeb 2021 Line of Credit
Aug 2020 Mortgage
+ 5 more
Flood ZoneZone X (moderate risk)
APN118-34-098

Property Details

APN / Parcel Number

Primary APN118-34-098
Alternative APNs
  • 0311801077
  • 118340980

Interior

Units46 Units
Stories2 Stories
Building Area13,203 sqft Living Area
1st Floor Area13,203 sqft

Exterior

Year BuiltBuilt 1963
Effective Year BuiltEffective 1963
Exterior MaterialConcrete Block
Construction TypeTilt-Up Concrete
Lot Area10,020 sqft (0.23 acres)
Patio Area1,730 sqft
Total Buildings3 Buildings

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemHVAC

Location & Zoning

Street Address45 E LEXINGTON AVE
CityPHOENIX
StateAZ
Zip85012-2337
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeM-H
Legal DescriptionTRANSYLVANIA TRACT MCR 6-19
Legal Range3E
Legal Township2N
Legal Section29
Legal SubdivisionTRANSYLVANIA TRACT
Legal Lot Number8
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group2
Census Block2006
Census Tract110502

Owner

Source: Maricopa County records, as of April 10, 2026

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

Owner of RecordCompany Name on Record
Mailing Address1235 S 48TH ST, 4, TEMPE, AZ 85281-6999
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Feb 12, 2021Deed of Trust, Mortgage · Line of Credit
MIDFIRST BANK
Aug 26, 2020Deed of Trust, Mortgage · Commercial Mortgage
FIRSTBANK
Nov 30, 2020Grant Deed, Transfer
FIRST AMERICAN TITLE
Feb 1, 2020Loan Modification, Mortgage
FIRSTBANK
Aug 1, 2019Loan Modification, Mortgage · Line of Credit
FIRSTBANK
Jul 20, 2018Grant Deed, Transfer
FIRST AMERICAN TITLE
Jul 20, 2018Grant Deed, Construction Loan · Construction Mortgage
FIRSTBANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 30, 2020 · Amount on Record
Deed SaleNov 30, 2020 · Amount on Record
Prior SaleJul 20, 2018 · Amount on Record
Deed Document Number20201173591
Record UpdatedJun 8, 2026

February 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address45 E LEXINGTON AVE, PHOENIX, AZ 85012-2337
Transaction TypeMortgage
Record UpdatedMar 5, 2024
Title CompanyGRAND CANYON TITLE AGENCY

Transferred To (Grantee/Buyer)

NameVerified Name
Address1235 S 48TH ST, TEMPE, AZ 85281-6999

Mortgage

Document Number0000164286
DateFeb 12, 2021
Instrument20210164286
Lender
NameMIDFIRST BANK
TypeBank
AddressOKLAHOMA CITY, OK 73162
Agreement
TypeLine of Credit
AmountAmount Recorded
Term84 Months
DueFeb 9, 2028

August 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address45 E LEXINGTON AVE, PHOENIX, AZ 85012-2337
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyFIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address2398 E CAMELBACK RD 615, 615, PHOENIX, AZ 85016-9004

Mortgage

Document Number0000789186
DateAug 26, 2020
Instrument20200789186
Lender
NameFIRSTBANK
TypeBank
AddressDENVER, CO 80215
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term121 Months
DueSep 1, 2030

November 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateNov 30, 2020
Property Address45 E LEXINGTON AVE, PHOENIX, AZ 85012-2337
Document Number0001173591
Instrument DateNov 30, 2020
Instrument1173591
Transaction TypeTransfer
Record UpdatedDec 8, 2020
Title CompanyFIRST AMERICAN TITLE

Transaction

AmountAmount Recorded
Tax$3,426.00
Amount AccuracyConfirmed
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1235 S 48TH ST #4 TEMPE AZ 852816999, 4, TEMPE, AZ 85281-6999

February 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMARICOPA AZ
Property Address45 E LEXINGTON AVE, PHOENIX, AZ 85012-2337
Document Number0000170583
Instrument DateFeb 1, 2020
Transaction TypeMortgage
Record UpdatedMar 9, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2398 E CAMELBACK RD #615 PHOENIX AZ 850169004, 615, PHOENIX, AZ 85016-9004

Mortgage

Document Number0000170583
DateFeb 28, 2020
Instrument170583
Lender
NameFIRSTBANK
TypeBank
Address12345 W COLFAX AVE, LAKEWOOD, CO 80215-3742
Agreement
AmountAmount Recorded
Term12 Months
DueFeb 27, 2021
Interest
Rate TypeAdjustable Rate
Rate5.75%

August 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMARICOPA AZ
Property Address45 E LEXINGTON AVE, PHOENIX, AZ 85012-2337
Document Number0000648236
Instrument DateAug 1, 2019
Transaction TypeMortgage
Record UpdatedAug 28, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2398 E CAMELBACK RD #615 PHOENIX AZ 850169004, 615, PHOENIX, AZ 85016-9004

Mortgage

Document Number0000648236
DateAug 22, 2019
Instrument648236
Lender
NameFIRSTBANK
TypeBank
Address12345 W COLFAX AVE, LAKEWOOD, CO 80215-3742
Agreement
TypeLine of Credit
AmountAmount Recorded
Term12 Months
DueAug 21, 2020
Interest
Rate TypeAdjustable Rate
Rate6.5%

July 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateJul 20, 2018
Property Address45 E LEXINGTON AVE, PHOENIX, AZ 85012-2337
Document Number0000551702
Instrument DateJul 20, 2018
Instrument551702
Transaction TypeTransfer
Record UpdatedJul 26, 2018
Title CompanyFIRST AMERICAN TITLE

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2398 E CAMELBACK RD #615 PHOENIX AZ 850169004, 615, PHOENIX, AZ 85016-9004

July 2018: Grant Deed, Construction Loan

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateJul 20, 2018
Property Address45 E LEXINGTON AVE, PHOENIX, AZ 85012-2337
Document Number0000550716
Instrument DateJul 13, 2018
Instrument550716
Transaction TypeConstruction Loan
Record UpdatedMar 12, 2020
Title CompanyFIRST AMERICAN TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,200.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2398 E CAMELBACK RD #615 PHOENIX AZ 850169004, 615, PHOENIX, AZ 85016-9004

Mortgage

Document Number550717
DateJul 20, 2018
Instrument550717
Lender
NameFIRSTBANK
TypeBank
Address12345 W COLFAX AVE, LAKEWOOD, CO 80215-3742
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term12 Months
DueJul 19, 2019
Interest
Rate TypeAdjustable Rate
Rate6%

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$211,410 (+316.08%)$2,114,100 (-7.91%) Land $242,800 Building $1,871,300
2025$6,598.00 (+7.13%)$50,810 (-84.36%)$2,295,800 (-29.34%) Land $263,700 Building $2,032,100
2024$324,920 (+22.68%)$3,249,200 (+22.68%) Land $373,200 Building $2,876,000
2023$6,159.00 (+0.56%)$264,860 Land $30,420 Building $234,440$2,648,600 Land $304,200 Building $2,344,400
2022$6,125.00

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.

Flood

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

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (1982)
Most Recent ClaimJan 1982 · 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 RiskNot 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 SystemCITY OF PHOENIX
serves 1,695,000 people · EPA ID AZ0407025
Water SourceSurface water
Last State InspectionDec 2025
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Jan 2021
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 287 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fixed Wireless
1,000 / 75
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless
400 / 400
AirFiber WISP
Fixed Wireless
100 / 25

May also be available: AT&T, CenturyLink, Cox Communications, GeoLinks, T-Mobile.

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