518 E Paseo Way, Phoenix, AZ 85042 Property Records

Maricopa County property record for 518 E Paseo Way, Phoenix, AZ 85042

Property Summary

Property Type	Single Family Home
Details	3 ba · 1,844 sqft · built 1983
Lot Size	0.239 acres (10,424 sqft)
Owner	2 Individual Names on File
Tax Bill	$2,059 (2025)
Deeds & Mortgages	Sep 2025 Reverse Mortgage Mar 2019 Mortgage + 1 more
Flood Zone	Zone X (moderate risk)
APN	`300-63-071`

Property Details

APN / Parcel Number

Primary APN	`300-63-071`

Interior

Full Baths	3 Baths
Plumbing Fixtures	7 Plumbing Fixtures
Total Rooms	6 Rooms
Stories	2 Stories
Building Area	1,844 sqft Living Area
Gross Area	2,388 sqft
1st Floor Area	1,382 sqft
2nd Floor Area	462 sqft

Exterior

Year Built	Built 1983
Exterior Material	Wood
Construction Type	Frame
Roof Material	Built-Up Asphalt
Lot Area	10,424 sqft (0.239 acres)
Parking Spaces	2 Parking Spaces
Pool Area	450 sqft
Patio Area	150 sqft

Utilities, Heating & Cooling

Cooling System	Refrigeration
Heating System	HVAC

Location & Zoning

Street Address	518 E PASEO WAY
City	PHOENIX
State	AZ
Zip	85042-8355
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-6
Legal Description	THUNDERBIRD COUNTRY CLUB ESTATES 2
Legal Range	03E
Legal Township	01S
Legal Section	08
Legal Quarter	NE
Quarter-Quarter Section	NE
Legal Subdivision	THUNDERBIRD COUNTRY CLUB EST 2
Legal Lot Number	167
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	1
Census Block	1000
Census Tract	116734

Owner

518 E Paseo Way is owned and occupied by two individuals who acquired it in January 1983.

Source: Maricopa County records, as of November 20, 2025

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 Record	2 Individual Names on File
Mailing Address	518 E PASEO WAY, PHOENIX, AZ 85042-8355
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 30, 2025	Deed of Trust, Mortgage · Reverse Mortgage PLAZA HOME MORTGAGE INC
Mar 22, 2019	Deed of Trust, Mortgage · FHA Mortgage AMERICAN ADVISORS
Mar 22, 2019	Deed of Trust, Mortgage · FHA Mortgage COMMISSIONER/HSNG & URBAN DEV

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jan 27, 1983
Deed Sale	Jan 27, 1983
Deed Document Number	19830031991
Record Updated	Jun 8, 2026

September 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	518 E PASEO WAY, PHOENIX, AZ 85042-8355
Transaction Type	Mortgage
Record Updated	Oct 17, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	518 E PASEO WAY, PHOENIX, AZ 85042-8355

Mortgage

Document Number	0000565442
Date	Sep 30, 2025
Instrument	20250565442

Lender

Name	PLAZA HOME MORTGAGE INC
Type	Mortgage Company
Address	SAN DIEGO, CA 92121

Agreement

Type	Reverse Mortgage
Amount	Amount on Record
Term	854 Months
Due	Nov 16, 2096

Interest

Rate Type	Adjustable Rate
Rate	4.87%
Adjustable	Adjustable Rate Rider
Type Change Date	Nov 1, 2025
Change Frequency	Monthly
Max Rate	9.87%

March 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	518 E PASEO WAY, PHOENIX, AZ 85042-8355
Document Number	0000224039
Instrument Date	Mar 22, 2019
Transaction Type	Mortgage
Record Updated	Apr 9, 2019
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	518 E PASEO WAY PHOENIX AZ 850428355, PHOENIX, AZ 85042-8355

Mortgage

Document Number	0000224039
Date	Apr 1, 2019
Instrument	224039

Lender

Name	AMERICAN ADVISORS
Address	ORANGE, CA 92868

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	924 Months
Due	Mar 31, 2096

Interest

Rate Type	Adjustable Rate
Rate	3.52%

March 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	518 E PASEO WAY, PHOENIX, AZ 85042-8355
Document Number	0000224040
Instrument Date	Mar 22, 2019
Transaction Type	Mortgage
Record Updated	Sep 30, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	518 E PASEO WAY PHOENIX AZ 850428355, PHOENIX, AZ 85042-8355

Mortgage

Document Number	0000224040
Date	Apr 1, 2019
Instrument	224040

Lender

Name	COMMISSIONER/HSNG & URBAN DEV
Address	WASHINGTON, DC 20410

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	924 Months
Due	Mar 31, 2096

Interest

Rate Type	Adjustable Rate
Rate	5.52%

Tax Assessment & Valuation

The 2025 property tax bill for 518 E Paseo Way was $2,059.

Source: Maricopa County assessment roll, as of January 1, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Phoenix City
Secondary School District	Phoenix Union High School District (09 - 12)
Elementary School District	Roosevelt Elementary District (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$37,300	$373,000 Land $74,600 Building $298,400
2025	$2,059.00
2024		$37,730	$377,300 Land $75,400 Building $301,900
2023	$1,946.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 518 E Paseo Way in Zone X, an area of moderate flood risk.

Source: FEMA National Flood Hazard Layer, effective October 2, 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

Wildfire risk around 518 E Paseo Way is moderate, ranking above 46% of the US, with a 0.07% annual chance of wildfire.

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

Wildfire Risk	Moderate above 46% of the US · lower than 62% of Arizona
Wildfire Likelihood	0.07% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

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 System	CITY OF PHOENIX serves 1,695,000 people · EPA ID AZ0407025
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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 426 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	2,000 / 1,000
Cox Communications Cable · Fiber in parts of the area	2,000 / 100
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 400
AirFiber WISP Fixed Wireless	100 / 25
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: GeoLinks, Verizon.

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