501 S 7th Ave, Phoenix, AZ 85007 Property Records

Maricopa County property record for 501 S 7th Ave, Phoenix, AZ 85007

Property Summary

Property TypeCommercial
Details29,418 sqft · built 1938
Lot Size1.28 acres (55,757 sqft)
OwnerCompany Name on Record
Last Sale$6,600,000 (May 2026)
Tax Bill$9,644 (2025)
Deeds & MortgagesMay 2026 Sale
Nov 2025 Mortgage
+ 2 more
Flood ZoneZone X (moderate risk)
APN116-58-001-A

Property Details

APN / Parcel Number

Primary APN116-58-001-A
Alternative APNs
  • 11658001A1
  • 3011681220

Interior

Stories1 Story
Building Area29,418 sqft Gross Area
1st Floor Area29,418 sqft

Exterior

Year BuiltBuilt 1938
Effective Year BuiltEffective 1938
Exterior MaterialMetal
Construction TypeWood
Fire ResistanceWood or Wood & Steel Frame
Roof MaterialAluminum
Lot Area55,757 sqft (1.28 acres)

Utilities, Heating & Cooling

SewerMunicipal

Location & Zoning

Street Address501 S 7TH AVE
CityPHOENIX
StateAZ
Zip85007-3402
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeI-2
Legal DescriptionSUB SW4 SEC 9 IN 3E PT TR A BEG AT PT ON W LI OF LAND DESC IN DEED 11/7/1912 ALSO E LI 7TH ST SD DEED BEING DIST S 4D 57 12 E 390.03 FR NW COR SW4 SEC 9 TH S 169 TH E 331 TH N 169 TH W 331 TO BEG EX TRACT IN SW COR P/D 6603-386 1.28 AC
Legal Range3E
Legal Township1N
Legal Section9
Legal SubdivisionDAVID AHIR SQUARE
Legal TractA
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group2
Census Block2001
Census Tract114000

Owner

Source: Maricopa County records, as of May 20, 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 Address1400 DOUGLAS ST, OMAHA, NE 68179-1001
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
May 14, 2026Special Warranty Deed, Transfer
FIRST AMERICAN TITLE
Nov 14, 2025Deed of Trust, Mortgage · Commercial Mortgage
FIRST FIDELITY BANK
Aug 3, 2022Deed of Trust, Mortgage · Commercial Mortgage
WELLS FARGO BANK NA
Dec 28, 2020Special Warranty Deed, Transfer · Commercial Mortgage
CIT BANK NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 14, 2026 · Amount on Record
Deed SaleMay 14, 2026 · Amount on Record
Prior SaleDec 28, 2020 · Amount on Record
Deed Document Number2026291589
Record UpdatedOct 29, 2026

May 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateMay 14, 2026
Property Address501 S 7TH AVE, PHOENIX, AZ 85007-3402
Document Number0000291589
Instrument DateMay 14, 2026
Instrument2026.291589
Transaction TypeTransfer
Record UpdatedMay 21, 2026
Title CompanyFIRST AMERICAN TITLE

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1400 DOUGLAS ST, OMAHA, NE 68179-1001
InvestorPossibly a Property Investor

November 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address501 S 7TH AVE, PHOENIX, AZ 85007
Transaction TypeMortgage
Record UpdatedDec 12, 2025
Title CompanyTHOMAS TITLE AND ESCROW, THOMAS TITLE & ESCROW

Transferred To (Grantee/Buyer)

NameVerified Name
Address315 SANDLEWOOD LN, EULESS, TX 76039-7924

Mortgage

Document Number0000659514
DateNov 14, 2025
Instrument20250659514
Lender
NameFIRST FIDELITY BANK
TypeBank
AddressSCOTTSDALE, AZ 85254
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address501 S 7TH AVE, PHOENIX, AZ 85007
Transaction TypeMortgage
Record UpdatedMar 5, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000618658
DateAug 3, 2022
Instrument20220618658
Lender
NameWELLS FARGO BANK NA
TypeBank
AddressPARADISE VALLEY, AZ 85253
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2020: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateDec 28, 2020
Property Address501 S 7TH AVE, PHOENIX, AZ 85007
Document Number0001281151
Instrument DateDec 21, 2020
Instrument20201281151
Transaction TypeTransfer
Record UpdatedJul 18, 2022
Title CompanyCHICAGO TITLE AGENCY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address9304 E VERDE GROVE VW, SCOTTSDALE, AZ 85255-6330

Mortgage

Document Number0001281152
DateDec 28, 2020
Instrument20201281152
Lender
NameCIT BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$130,340 (+91.97%)$840,900 (+11.26%) Land $805,000 Building $35,900
2025$9,644.00 (-9.89%)$67,896 (-44%)$755,800 (+2.86%) Land $721,900 Building $33,900
2024$121,242$734,800 Land $700,900 Building $33,900
2023$10,702.00

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 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 Policies2 in force

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 121 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless
400 / 400
AirFiber WISP
Fixed Wireless
100 / 25
AT&T
Fixed Wireless
100 / 20

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

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