4950 S 48th St, Phoenix, AZ 85040 Property Records

Maricopa County property record for 4950 S 48th St, Phoenix, AZ 85040

Property Summary

Property TypeCommercial Office
Details74,221 sqft · built 2009
Lot Size4.63 acres (201,868 sqft)
OwnerCompany Name on File
Last Sale$22,400,000 (May 2025)
Tax Bill$258,133 (2025)
Deeds & MortgagesMar 2021 Mortgage
May 2025 Sale
+ 1 more
Flood ZoneZone X (moderate risk)
APN123-06-090

Property Details

APN / Parcel Number

Primary APN123-06-090
Alternative APN
  • 123060908

Interior

Stories3 Stories
Building Area74,221 sqft Gross Area
1st Floor Area74,221 sqft

Exterior

Year BuiltBuilt 2009
Effective Year BuiltEffective 2010
Exterior MaterialBrick
Construction TypeFrame
Fire ResistanceFireproof Steel Frame
Roof MaterialBuilt-Up Asphalt
Lot Area201,868 sqft (4.63 acres)

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemHeat Pump
SewerMunicipal

Location & Zoning

Street Address4950 S 48TH ST
CityPHOENIX
StateAZ
Zip85040-4818
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeC-C
Legal DescriptionCOTTON CENTER UNIT 18 MCR 784-45
Legal Range4E
Legal Township1N
Legal Section30
Legal SubdivisionCOTTON CENTER UNIT 18
Legal Lot Number1
Legal Unit18
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group1
Census Block1005
Census Tract116204

Owner

4950 S 48th St, a commercial property, is owned by a company that bought it in May 2025.

Source: Maricopa County records, as of October 22, 2025

Owner of RecordCompany Name on File
Mailing Address100 E TRYON RD, RALEIGH, NC 27603-3581
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Mar 1, 2021Deed of Trust, Mortgage · Commercial Mortgage
WELLS FARGO BANK NA
May 16, 2025Special Warranty Deed, Transfer
AMERICAN LAND TITLE
Dec 30, 2020Grant Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 16, 2025 · Amount on File
Deed SaleMay 16, 2025 · Amount on File
Prior SaleDec 30, 2020 · Amount on File
Deed Document Number2025283377
Record UpdatedSep 20, 2026

March 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address4950 S 48TH ST, PHOENIX, AZ 85040-4818
Transaction TypeMortgage
Record UpdatedMar 24, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address11165 MILL VALLEY RD, OMAHA, NE 68154-3933

Mortgage

Document Number0000225982
DateMar 1, 2021
Instrument20210225982
Lender
NameWELLS FARGO BANK NA
TypeBank
AddressSAN ANTONIO, TX 78251
Agreement
TypeCommercial Mortgage
AmountAmount on Record

May 2025: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateMay 16, 2025
Property Address4950 S 48TH ST, PHOENIX, AZ 85040-4818
Document Number0000283377
Map ReferenceMB 784 PG 45
Instrument DateMay 13, 2025
Instrument20250283377
Transaction TypeTransfer
Record UpdatedMar 24, 2026
Title CompanyAMERICAN LAND TITLE

Transaction

AmountAmount on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address9140 W DODGE RD STE 300, 300, OMAHA, NE 68114-3317

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 27131, RALEIGH, NC 27611-7131
InvestorPossibly a Property Investor

December 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateDec 30, 2020
Property Address4950 S 48TH ST, PHOENIX, AZ 85040-4818
Document Number0001291351
Instrument DateDec 30, 2020
Instrument1291351
Transaction TypeTransfer
Record UpdatedJan 8, 2021
Title CompanyATTORNEY ONLY

Transaction

AmountAmount on Record
Tax$21,000.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address11165 MILL VALLEY RD OMAHA NE 681543933, OMAHA, NE 68154-3933

Tax Assessment & Valuation

The 2025 property tax bill for 4950 S 48th St was $258,133.

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$2,542,057 (+14.3%)$16,400,370 (-14.52%) Land $4,977,600 Building $11,422,770
2025$258,133.00$2,224,020 (-27.38%)$19,185,847 (+3.37%) Land $3,191,600 Building $15,994,247
2024$3,062,361$18,559,763 Land $2,901,400 Building $15,658,363
2023$254,923.00

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

FEMA maps place 4950 S 48th St in Zone X, an area of moderate flood risk, though there have been 1 flood claim nearby since 1988.

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
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims1 (1988)
Claims Outside the SFHA1 of 1
Most Recent ClaimOct 1988 · 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

Wildfire risk around 4950 S 48th St is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 99.1% of the US · lower than 99.8% of Arizona
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 190 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Cox Communications
Cable
2,000 / 100
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless
400 / 400
Verizon
Fixed Wireless
300 / 20
AirFiber WISP
Fixed Wireless
100 / 25
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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