508 N 40th Ave, Phoenix, AZ 85009 Property Records

Maricopa County property record for 508 N 40th Ave, Phoenix, AZ 85009

Property Summary

Property TypeSingle Family Home
Details1 ba · 933 sqft · built 1933
Lot Size0.51 acres (22,216 sqft)
OwnerCompany Name on File
Last Sale$25,000 (Jun 2010)
Tax Bill$973 (2025)
Deeds & MortgagesApr 2026 Mortgage
Aug 2018 Mortgage
Flood ZoneZone X (moderate risk)
APN106-03-054

Property Details

APN / Parcel Number

Primary APN106-03-054
Alternative APN
  • 106030542

Interior

Full Baths1 Bath
Total Rooms4 Rooms
Stories1 Story
Building Area933 sqft Living Area
1st Floor Area933 sqft

Exterior

Year BuiltBuilt 1933
Effective Year BuiltEffective 1933
Exterior MaterialAdobe
Roof MaterialOther
Lot Area22,216 sqft (0.51 acres)

Utilities, Heating & Cooling

Cooling SystemEvaporative
Heating SystemForced Air with A/C

Location & Zoning

Street Address508 N 40TH AVE
CityPHOENIX
StateAZ
Zip85009-4028
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeM-M
Legal DescriptionBEG 30' W & N 0D 05' 30 E 1223.18' OF SE COR W2 SE4 SW4 SD SEC TH N 0D 05' 30 E 50' N 89D 55' 30 W 444' S0D01'30 W 50' S 89D55'30 E 444' TO BEG .51 ACC
Legal Range2E
Legal Township1N
Legal Section3
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group2
Census Block2003
Census Tract112602

Owner

508 N 40th Ave is owned by a company that acquired it in March 2011.

Source: Maricopa County records, as of April 21, 2026

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

Owner of RecordCompany Name on File
Mailing Address3200 N CENTRAL AVE, 1200, PHOENIX, AZ 85012-3067
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Apr 14, 2026Deed of Trust, Mortgage · Conventional Mortgage
AMERICAN TITLE SERVICES AGENCY/AZ, AMERICAN TITLE SERVICE AGENC
Aug 29, 2018Deed of Trust, Mortgage
BALBOA INCOME FUND LP

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 11, 2010 · Amount on File
Deed SaleJun 11, 2010 · Amount on File
Prior SaleMar 23, 2010 · Amount on File
Deed Document Number2010499876
Last Transfer DateMar 25, 2011
Transfer Doc0000268344
Record UpdatedOct 29, 2026

April 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Recording DateApr 14, 2026
Property Address508 N 40TH AVE, PHOENIX, AZ 85009-4028
Document Number0000220347
Instrument DateApr 9, 2026
Instrument2026220347
Transaction TypeMortgage
Record UpdatedJul 12, 2026
Title CompanyAMERICAN TITLE SERVICES AGENCY/AZ, AMERICAN TITLE SERVICE AGENC

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266

Mortgage

Document Number0000220347,
DateApr 14, 2026
Instrument2026220347
Lender
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
Interest
Rate6.11%
Max Rate-1%

August 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address508 N 40TH AVE, PHOENIX, AZ 85009-4028
Document Number0000673878
Instrument DateAug 29, 2018
Transaction TypeMortgage
Record UpdatedSep 14, 2018
Title CompanyAMERICAN TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address508 N 40TH AVE PHOENIX AZ 850094028, PHOENIX, AZ 85009-4028

Mortgage

Document Number0000673878
DateSep 6, 2018
Instrument673878
Lender
NameBALBOA INCOME FUND LP
Address710 W IVY ST, SAN DIEGO, CA 92101-1728
Agreement
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 508 N 40th Ave was $973, down 0.8% from the year before.

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$23,970 (+300.03%)$239,700 (+14.42%) Land $47,900 Building $191,800
2025$973.00 (-0.82%)$5,992 (-72.26%)$209,500 (-3.01%) Land $41,900 Building $167,600
2024$981.00 (+2.51%)$21,600 (+35.25%)$216,000 (+35.25%) Land $43,200 Building $172,800
2023$957.00 (+4.82%)$15,970 Land $3,190 Building $12,780$159,700 Land $31,900 Building $127,800
2022$913.00

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 508 N 40th Ave in Zone X, an area of moderate flood risk, though there have been 1 flood claim nearby since 1983.

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 (1983)
Claims Outside the SFHA1 of 1
Most Recent ClaimSep 1983 · tidal / storm surge

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 508 N 40th Ave 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 709 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Cox Communications
Cable
2,000 / 100
Verizon
Fixed Wireless
1,000 / 75
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless
400 / 400
CenturyLink
DSL · Fiber in parts of the area
140 / 20
AirFiber WISP
Fixed Wireless
100 / 25

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

Nearby Properties on N 40th Ave

Nearby Streets

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