540 E Thomas Rd, Phoenix, AZ 85012 Property Records

Maricopa County property record for 540 E Thomas Rd, Phoenix, AZ 85012 · Last verified November 2025

Property Highlights

Property TypeCommercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Year BuiltBuilt 1977
Square Footage1,300 sqft Total Area
Lot Size5,952 sqft (0.136 acres)
Last Sale$1,142,857 (2024)
Tax Bill$4,457.00 (2025)

Property Details

APN / Parcel Number

Primary APN118-21-041

Interior

Building Area1,300 sqft Total Area
1st Floor1,300 sqft 1st Floor
Stories1 Stories

Exterior

Year BuiltBuilt 1977
Exterior MaterialConcrete Block Exterior
Construction TypeConcrete 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 Area5,952 sqft (0.136 acres)

Utilities and HVAC

Cooling SystemHVAC Cooling
Heating SystemPackage Heating

Location & Zoning

Street Address540 E THOMAS RD
CityPHOENIX
StateAZ
Zip85012-3204
Property UsageCommercial Property Usage
TypeCommercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Legal DescriptionLA HACIENDA LOT 23 E 87' OF S 95' EX E 7' & EX TRI SE COR P/DKT 2894/558 & EX RD DESC P/D 89-433267
Legal Range03E
Legal Township02N
Legal Section29
Legal QuarterSE
Legal Quarter QuarterSE
Legal SubdivisionLA HACIENDA
Legal Lot Number23
JurisdictionMARICOPA AZ
Minor Civil DivisionPHOENIX
Census Blockgroup2
Census Block2020
Census Tract110502

Owner

Source: Maricopa County records · APN 118-21-041

Assessment roll updated January 1, 2025 · Last verified November 2025

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 Address1275 BOARDMAN CANFIELD RD STE 2, 2, BOARDMAN, OH 44512-4081
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Jul 14, 2023Deed of Trust, Mortgage · Commercial Mortgage
BANK 7
Jul 13, 2020Special Warranty Deed, Transfer · Line of Credit
AMERICAN EQUITY BANK
Dec 20, 2019Loan Modification, Mortgage
US BK TR

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleSep 17, 2024 · Amount on Record
Deed SaleSep 17, 2024 · Amount on Record
Prior SaleJul 13, 2020 · Amount on Record
Deed Doc Number20240494268
Record RefreshedJun 08, 2026

July 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address540 E THOMAS RD, PHOENIX, AZ 85012-3204
Transaction TypeMortgage
Record UpdatedJul 25, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address3710 N FM 2148, TEXARKANA, TX 75503-4824

Mortgage

Document Number0000368057
DateJul 14, 2023
Instrument20230368057
Lender
NameBANK 7
TypeBank
AddressTULSA, OK 74136
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

July 2020: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateJul 13, 2020
Property Address540 E THOMAS RD, PHOENIX, AZ 85012-3204
Document Number0000622464
Map ReferenceMB 15 PG 47
Instrument DateJul 09, 2020
Instrument20200622464
Transaction TypeTransfer
Record UpdatedJul 18, 2022
Title CompanyTHOMAS TITLE & ESCROW

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFrom Affidavit or Verified
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address7527 E 1ST ST, 7527, SCOTTSDALE, AZ 85251-4501

Transferred To (Grantee/Buyer)

NameVerified Name
Address3710 N FM 2148, TEXARKANA, TX 75503-4824

Mortgage

Document Number0000622465
DateJul 13, 2020
Instrument20200622465
Lender
NameAMERICAN EQUITY BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

December 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMARICOPA AZ
Property Address540 E THOMAS RD, PHOENIX, AZ 85012-3204
Document Number0000065958
Instrument DateDec 20, 2019
Transaction TypeMortgage
Record UpdatedFeb 06, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address540 E THOMAS RD PHOENIX AZ 850123204, PHOENIX, AZ 85012-3204

Mortgage

Document Number0000065958
DateJan 24, 2020
Instrument65958
Lender
NameUS BK TR
AddressPHOENIX, AZ 85003
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated January 1, 2025 · Last verified November 2025

Property Jurisdictions

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

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$90,178 (+3.63%)$581,796 (+10.31%) Land $404,600 Building $177,196
2025$4,457.00 (+0.81%)
2024$87,021$527,398 Land $348,200 Building $179,198
2023$4,421.00

Flood & Wildfire

540 E Thomas Rd is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Maricopa County (04013C), updated October 2, 2026

FEMA Flood ZoneZone X
moderate flood hazard · within the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

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

Nearby Properties on E Thomas Rd

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