5050 E Ray Rd, Phoenix, AZ 85044 Property Records

Maricopa County property record for 5050 E Ray Rd, Phoenix, AZ 85044 · Last verified June 2026

Property Highlights

Property TypeCommercial > Retail > Regional Shopping Center, Mall
Year BuiltBuilt 1995
Square Footage104,880 sqft Gross Area
Lot Size377,230 sqft (8.66 acres)
Last Sale$10,400,000 (2026)
Tax Bill$147,655.00 (2025)

Owner

Source: Maricopa County records · APN 301-59-471

Assessment roll updated October 22, 2025 · Last verified June 2026

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

Owner of RecordCompany Name on File
Mailing Address4800 N SCOTTSDALE RD, 2400, SCOTTSDALE, AZ 85251-7615
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
May 15, 2026Special Warranty Deed, Transfer · Conventional Mortgage
SYMETRA LIFE INSURANCE COMPANY
Feb 16, 2017Deed of Trust, Mortgage · Commercial Mortgage
FIRST REPUBLIC BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 15, 2026 · Amount on Record
Deed SaleMay 15, 2026 · Amount on Record
Prior SaleJul 22, 2016 · Amount on Record
Deed Doc Number2026295836
Record RefreshedSep 20, 2026

May 2026: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateMay 15, 2026
Property Address5050 E RAY RD, PHOENIX, AZ 85044-6406
Document Number0000295836
Instrument DateMay 15, 2026
Instrument2026.295836
Transaction TypeTransfer
Record UpdatedMay 27, 2026
Title CompanyCOMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH LAND TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000295837,
DateMay 15, 2026
Instrument2026.295837
Lender
NameSYMETRA LIFE INSURANCE COMPANY
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate6.46%
Max Rate-1%

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address5050 E RAY RD, PHOENIX, AZ 85044-6406
Transaction TypeMortgage
Record UpdatedJul 18, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000114748
DateFeb 16, 2017
Instrument2017-0114748
Lender
NameFIRST REPUBLIC BANK
TypeBank
AddressSAN FRANCISCO, CA 94111
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified June 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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.

YearTax BillAssessed ValueAssessed Market Value
2026$1,798,354 (+28.19%)$11,602,286 (-23.25%) Land $6,861,400 Building $4,740,886
2025$147,655.00 (-1.27%)$1,402,930 (-37.02%)$15,117,080 (+11.98%) Land $10,435,100 Building $4,681,980
2024$2,227,500$13,500,000 Land $8,682,100 Building $4,817,900
2023$149,556.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Maricopa County (04013C), updated October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardModerate
500-Year FloodplainYes
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Property Details

APN / Parcel Number

Primary APN301-59-471
Alternative APNs
  • 1430120807
  • 301594719

Interior

Building Area104,880 sqft Gross Area
1st Floor104,880 sqft 1st Floor
Stories1 Stories

Exterior

Year BuiltBuilt 1990
Effective Year BuiltEffective 1995
Exterior MaterialConcrete Block Exterior
Construction TypeTilt-Up Concrete Construction
Fire Resistance ClassBuildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame.
Lot Area377,230 sqft (8.66 acres)

Utilities and HVAC

Cooling SystemA/C Package Cooling
Heating SystemHVAC Heating
SewageMunicipal Sewage
Water SourceYes (Unknown Type) Water Source

Location & Zoning

Street Address5050 E RAY RD
CityPHOENIX
StateAZ
Zip85044-6406
Property UsageCommercial Property Usage
TypeCommercial > Retail > Regional Shopping Center, Mall
Legal DescriptionFOOTHILLS PARK PLACE EAST CENTER MCR 344-35
Legal Range4E
Legal Township1S
Legal Section20
Legal SubdivisionFOOTHILLS PARK PLACE EAST CENTER
Legal Lot Number2
JurisdictionMARICOPA AZ
Minor Civil DivisionPHOENIX
Census Blockgroup1
Census Block1000
Census Tract116717

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