5401 E Thomas Rd, Phoenix, AZ 85018 Property Records

Maricopa County property record for 5401 E Thomas Rd, Phoenix, AZ 85018 · Last verified April 2026

Property Highlights

Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Year BuiltBuilt 1989
Square Footage164,872 sqft Living Area
Lot Size240,393 sqft (5.51 acres)
GarageCarport, 28,000 sqft
Last Sale$38,000,000 (2020)
Tax Bill$193,997.00 (2025)

Property Details

APN / Parcel Number

Primary APN126-24-784-A
Alternative APN
  • 12624784A4

Interior

Units10 Units
Building Area164,872 sqft Living Area
1st Floor164,872 sqft 1st Floor
Stories1 Stories
Storm ShelterStorm Shelter
Storm ShuttersStorm Shutters on the Main Structure

Exterior

Year BuiltBuilt 1979
Effective Year BuiltEffective 1989
Construction TypeWood Construction
Lot Area240,393 sqft (5.51 acres)
Garage TypeCarport Garage
Garage Area28,000 sqft Garage
CarportCarport
Carport Area28,000 sqft Carport
Total Buildings12 Total Buildings
Utility Building504 sqft Utility Building

Utilities and HVAC

SewageMunicipal Sewage

Location & Zoning

Street Address5401 E THOMAS RD
CityPHOENIX
StateAZ
Zip85018-8132
Property UsageResidential Property Usage
TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionPARCEL A WILLOWTREE APARTMENTS MCR 210-36 & AFF OF COR DP13628-700 DAF COM NE COR SEC 32 TH W 659.98F TH S 40F TPOB TH S 383F TH W 628.11F TH N 372F TH N 45D 01M E 15.58F TH E 616.53F TPOB P/F 2017-0663725
Legal Range4E
Legal Township2N
Legal Section32
Legal SubdivisionSOLSTICE CONDOMINIUMS
JurisdictionMARICOPA AZ
Minor Civil DivisionPHOENIX
Census Blockgroup1
Census Block1000
Census Tract111201

Owner

Source: Maricopa County records · APN 126-24-784-A

Assessment roll updated October 22, 2025 · Last verified April 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 Address409 N PACIFIC COAST HWY, 700, REDONDO BEACH, CA 90277-2870
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Dec 16, 2020Special Warranty Deed, Construction Loan · Building or Construction Mortgage
NORTHMARQ CAPITAL LLC
Dec 21, 2018Grant Deed, Construction Loan · Line of Credit
CLNC CREDIT 7 LLC
Sep 07, 2017Loan Modification, Mortgage
CHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 16, 2020 · Amount on Record
Deed SaleDec 16, 2020 · Amount on Record
Prior SaleDec 21, 2018 · Amount on Record
Deed Doc Number20201242029
Record RefreshedJun 08, 2026

December 2020: Special Warranty Deed, Construction Loan

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateDec 16, 2020
Property Address5401 E THOMAS RD, PHOENIX, AZ 85018-8132
Document Number0001242029
Map ReferenceMB 210 PG 36
Instrument DateDec 16, 2020
Instrument20201242029
Transaction TypeConstruction Loan
Record UpdatedDec 21, 2021
Title CompanyFIDELITY NATIONAL TITLE AGCY

Transaction

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

Transferred From (Grantor/Seller)

NameVerified Name
Address11601 WILSHIRE BLVD # 5, 11601, LOS ANGELES, CA 90025-0509

Transferred To (Grantee/Buyer)

NameVerified Name
Address409 N PACIFIC COAST HWY # 700, 700, REDONDO BEACH, CA 90277-2870

Mortgage

Document Number0001242030
DateDec 16, 2020
Instrument20201242030
Lender
NameNORTHMARQ CAPITAL LLC
TypeNon-Lending Institution
Agreement
TypeBuilding or Construction Mortgage
AmountAmount Recorded
Term121 Months
DueJan 01, 2031

December 2018: Grant Deed, Construction Loan

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateDec 21, 2018
Property Address5401 E THOMAS RD, PHOENIX, AZ 85018-8132
Document Number0000938327
Instrument DateDec 13, 2018
Instrument938327
Transaction TypeConstruction Loan
Record UpdatedApr 12, 2019
Title CompanyOTHER

Transaction

Tax$0.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address11601 WILSHIRE BLVD #5 LOS ANGELES CA 900251995, 5, LOS ANGELES, CA 90025-1995

Mortgage

Document Number938328
DateDec 21, 2018
Instrument938328
Lender
NameCLNC CREDIT 7 LLC
Address515 S FLOWER ST # 44TH, LOS ANGELES, CA 90071-2201
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

September 2017: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMARICOPA AZ
Property Address5401 E THOMAS RD, PHOENIX, AZ 85018-8132
Document Number0000663726
Instrument DateSep 07, 2017
Transaction TypeMortgage
Record UpdatedApr 12, 2019
Title CompanyCHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address5401 E THOMAS RD PHOENIX AZ 850188132, PHOENIX, AZ 85018-8132
InvestorPossibly a Property Investor

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityPhoenix City
Elementary School DistrictBalsz Elementary District (PK - 08)
Secondary School DistrictPhoenix 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$3,209,410 (+111.13%)$32,094,100 (-13.94%) Land $6,418,800 Building $25,675,300
2025$193,997.00 (+7.28%)$1,520,132 (-67.31%)$37,294,200 (-19.81%) Land $7,458,800 Building $29,835,400
2024$4,650,480$46,504,800 Land $9,300,900 Building $37,203,900
2023$180,828.00

Flood & Wildfire

5401 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.

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