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4206 N. 38th Street

Page 1

Prepared By: First American Title Customer Service Department

Date:

01/07/2026

Property:

4206 N 38TH ST APT 1, PHOENIX, AZ 85018-4836

APN:

170-29-116

County:

MARICOPA

Page 1

propertyresearch@firstam.com


PRECAUTIONS YO U SHO U LD B E

AWA R E OF

IN THE REAL ESTATE CLOSING PROCESS

DO NOT TRUST EMAILED INSTRUCTIONS Fraudsters often use email to send falsified wire instructions to unsuspecting victims. Please warn your buyers and sellers to only follow wire instructions they receive personally from First American Title. Additionally, we will not accept disbursement instructions for seller or buyer funds via email OR from any third party (attorney, real estate agent, etc).

W I RE F R A U D A LE RT T H I N K D I F F E R E N T LY

ALTERNATIVE INSTRUCTIONS?

Email-based, real estate fraud schemes are on the rise. One common scenario is altering wiring instructions with the intention of rerouting funds.

If your buyer or seller receives alternative wiring instructions that appear to be from First American Title, make sure they contact their escrow officer at a trusted phone number for confirmation.

Keeping this in mind, First American Title is changing the way we receive payment information. It is imperative that we are familiar with the people in our transactions.

RELYING ON EMAIL ALONE IS NO LONGER AN OPTION.

Know that our wiring instructions do not change so any communication is suspect. Our banking institution is First American Trust.

IN SHO RT – wire instructions will not

be accepted by email. New wire instructions must be hand-carried or uploaded to the First American Secure Portal.

Thank you for joining First American Title in fostering a secure real estate transaction process. Have questions or concerns? Please contact our office or your escrow officer.

For more information please contact your First American representative.

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IMPORTANT -- PLEASE READ CAREFULLY:

This report is not an insured product or service or a representation of the condition of title to real property. It is not an abstract, legal opinion, opinion of title, title insurance commitment or preliminary report, or any form of Title Insurance or Guaranty. This report is issued exclusively for the benefit of the Applicant therefor and may not be used or relied upon by any other person. This report may not be reproduced in any manner without First Americans prior written consent. First American does not represent or warrant that the information herein is complete or free from error, and the information herein is provided without any warranties of any kind, as-is, and with all faults. As a material part of the consideration given in exchange for the issuance of this report, recipient agrees that First Americans sole liability for any loss or damage caused by an error or omission due to inaccurate information or negligence in preparing this report shall be limited to the fee charged for the report. Recipient accepts this report with this limitation and agrees that First American would not have issued this report but for the limitation of liability described above. First American makes no representation or warranty as to the legality or propriety of recipient's use of the information herein.


Property Details Report Subject Property Location Property Address City, State & Zip County Mailing Address Census Tract Thomas Bros Pg-Grid

Report Date: 01/07/2026 4206 N 38TH ST APT 1

Order ID: R205553251

PHOENIX, AZ 85018-4836

Property Use Parcel Number Latitude Longitude

MARICOPA COUNTY 433 S FARMER AVE # 500, TEMPE, AZ 85281-2875 1083.02

Condominium Unit (Residential) 170-29-116 33.497251 -112.00119

Legal Description Details Lot Number: 1 Subdivision Name: ARCADIA COURTYARDS CONDOMINIUM Tract No: F Sec/Twn/Rng/Mer: SEC 24 TWN 2N RNG 3E Brief Description:

ARCADIA COURTYARDS CONDOMINIUM MCR 798-50 UNIT 1 BLDG F (PLEASE NOTE: FOR LEGAL DESCRIPTION REFERENCES REGARDING THE PERCENTA Recorder's Map Ref: MB 79850

Current Ownership Information

*Source of Ownership data: Recorder Information Sale Price

Primary Owner Name(s)

OFFERPAD SPV BORROWER G LLC,

Vesting

Transfer Date

11/18/2025

Recording Date

12/03/2025

Recorder Doc #

20250697370

Book/Page

Latest Full Sale Information Primary Owner Name(s)

OP SPE PHX1 LLC,

Vesting

Sale Price

$277,000

Sale Date

01/16/2025

Recording Date

04/15/2025

Recorder Doc #

20250209422

Book/Page

Financing Details at Time of Purchase No financing details available

Property Characteristics Bedrooms

Year Built

1967

Living Area (SF)

910

Bathrooms/Partial

1

Garage Type/Parking Spaces

Carport/1

Price ($/SF)

$304/SF

Total Rooms

4

Stories/Floors

1 Story

Lot Size (SF/AC)

824/.02

Construction Type

Concrete Block

Units

Fireplace

Exterior Walls

Block

Buildings

Pool

Roof Material/Type

Built-up

Basement Type/Area

Heat Type

Yes

Style

A/C

Refrigeration

View

Elevator

Foundation Type Property Type

Residential

Land Use

Condominium Unit (Residential)

Zoning

M-M

Assessment & Taxes Assessment Year

2026

Tax Year

2025

Tax Exemption

Total Assessed Value

$28,930

Tax Amount

$1,194.30

Tax Rate Area

Land Value

Tax Account ID

Improvement Value

Tax Status

Improvement Ratio

Delinquent Tax Year

Total Value

Market Improvement Value

Market Land Value

Market Value Year

141300

Lien History Trans. ID 1

Recording Date

Lender

Amount

Purchase Money

12/03/2025

GENESIS CAPITAL LLC

$240,000

NO

Loan Officer Insights No details available

Page 2


Comparables Report - Quick View Subject Property Location Property Address City, State & Zip

Report Date: 01/07/2026

4206 N 38TH ST APT 1

Order ID: R205553252

PHOENIX, AZ 85018-4836

County: MARICOPA

Area Sales Analysis Total Area Sales/ Count

$8,882,000/ 20

Median # of Baths

Price Range - 2 years

$180,000 - $885,000

Median # of Bedrooms

Age Range

21 - 64

Median Living Area (SF)

1,152

Median Age

56

Median Price ($/SF)

$339/SF

2

Median Lot Size (SF/AC)

846 /.02

Median Year Built

1970

Median Value

$417,200

Comparable Sales 20 Comps Record Date

Sale Price

$/SF

Living Rm SF

SUBJECT PROPERTY

04/15/2025

$277,000

$304

910

1

4200 N 38TH ST # 105

11/18/2025

$277,500

$427

650

2

3711 E MONTEROSA ST # 20

10/30/2025

$445,000

$409

3

3637 E MONTEROSA ST # 49

09/23/2025

$360,000

4

3637 E MONTEROSA ST UNIT 17

10/24/2025

5

4225 N 36TH ST UNIT 21

6

Pin

Sale Address Type

Ba

Year

Lot SF

4

1

1967

824/.02

3

1

1967

595/.01

0.06

1,088

1.67

1972

721/.02

0.08

$312

1,152

2

1970

757/.02

0.08

$355,000

$283

1,256

5

2

1970

1,864/.04

0.09

10/31/2025

$389,400

$484

805

4

1

1965

1,270/.03

0.09

3619 E MONTEROSA ST APT 212

11/07/2025

$181,500

$292

622

1

1979

624/.01

0.14

7

3737 E TURNEY AVE UNIT 207

12/03/2025

$385,000

$227

1,696

6

2.67

1962

1,020/.02

0.19

8

3737 E TURNEY AVE UNIT 223

12/19/2025

$285,000

$298

957

4

1

1962

994/.02

0.19

9

4401 N 40TH ST APT 9

11/06/2025

$454,000

$443

1,024

1.67

1963

702/.02

0.42

10

3646 N 38TH ST APT B

12/17/2025

$665,000

$397

1,674

2.67

1984

627/.01

0.43

11

4027 E CAMPBELL AVE

09/22/2025

$710,000

$512

1,386

2

1963

626/.01

0.48

12

3618 N 38TH ST UNIT 3

10/30/2025

$660,000

$407

1,620

2

2005

946/.02

0.5

13

4501 N 40TH ST # 59

09/08/2025

$475,000

$464

1,024

1.67

1963

753/.02

0.51

14

3618 N 38TH ST UNIT 14

10/14/2025

$475,000

$293

1,620

2

2005

946/.02

0.52

15

3401 N 37TH ST UNIT 14

12/17/2025

$507,000

$339

1,494

4

2.67

1981

2,357/.05

0.63

16

3415 N 36TH ST UNIT 3

10/30/2025

$320,000

$240

1,332

4

2

1982

1,200/.03

0.63

17

4648 N 40TH ST

07/08/2025

$885,000

$505

1,752

2

1973

4,670/.11

0.66

18

4220 N 32ND ST UNIT 2

12/26/2025

$648,000

752/.02

0.7

19

3828 N 32ND ST UNIT 138

11/25/2025

$180,000

$282

638

3

1

1967

683/.02

0.76

20

3828 N 32ND ST UNIT 232

11/17/2025

$224,600

$228

986

4

2

1967

934/.02

0.77

Page 3

Bd

NaN

Pool

Dist


Subject

Standard Sale

Distressed Sale

Active Listings

Page 4


Aerial Map Report Subject Property Location Property Address City, State & Zip County Mailing Address Owner Name

Report Date: 01/07/2026 4206 N 38TH ST APT 1

Order ID: R205553253

PHOENIX, AZ 85018-4836 MARICOPA COUNTY 433 S FARMER AVE # 500, TEMPE, AZ 85281-2875 OFFERPAD SPV BORROWER G LLC,

Subject

Page 5

Property Use Parcel Number

Condominium Unit (Residential) 170-29-116


Demographics Report Subject Property Location Property Address City, State & Zip County Mailing Address

Report Date: 01/07/2026 4206 N 38TH ST APT 1

Order ID: R205553254

PHOENIX, AZ 85018-4836

Property Use Parcel Number

MARICOPA COUNTY 433 S FARMER AVE # 500, TEMPE, AZ 85281-2875

Condominium Unit (Residential) 170-29-116

Population Year

Zip 85018

National

2011

37,552

306,603,772

2020

38,891

326,569,308

Growth Rate

3.6%

6.5%

Growth Centile

55.2%

62.5%

Year

Zip 85018

National

2011

17,115

114,761,359

2020

17,326

122,354,219

Household Growth Rate

1.2%

6.6%

Average Household Size

2.2

2.6

Year

Zip 85018

National

2011

8,503

76,507,230

2020

8,594

79,849,830

Family Growth Rate

1.1%

4.4%

Age

Zip 85018

National

0-4

7.0%

6.0%

5-9

7.1%

6.1%

10-14

4.7%

6.5%

15-19

4.2%

6.5%

20-24

4.4%

6.7%

25-44

31.9%

26.5%

45-64

25.7%

25.6%

65-84

12.4%

14.1%

85+

2.5%

2.0%

Male Ratio

50.0%

49.2%

Female Ratio

50.0%

50.8%

Income

Zip 85018

National

% < $25K

16.6%

18.4%

% $25K-50K

22.0%

20.6%

% $50K-100K

21.9%

30.0%

% $100K-150K

14.1%

15.6%

% >$150K

7.5%

7.1%

Year

Zip 85018

National

2020

$72,032

$64,994

Per Capita Income

$60,922

$34,299

Households

Families

Age Distribution/Gender Ratio

as of 2020 U.S. Census

Gender Ratio

Household Income

as of 2020 U.S. Census

Median Household Income

as of 2020 U.S. Census

Household Centile

as of 2020 U.S. Census

National

72.7%

State

78.1%

Page 6


Assessor Map Report Subject Property Location Property Address City, State & Zip County

Report Date: 01/07/2026 4206 N 38TH ST APT 1

Order ID: R205553255

PHOENIX, AZ 85018-4836

Parcel Number

MARICOPA COUNTY

170-29-116

Disclaimer THIS REPORT IS INTENDED FOR USE BY YOU AS AN END USER SOLELY FOR YOUR INTERNAL BUSINESS PURPOSES. YOU SHALL NOT RESELL, RELICENSE OR REDISTRIBUTE THIS REPORT, IN WHOLE OR IN PART. THE USE OF THIS REPORT BY ANY PARTY OTHER THAN YOURSELF FOR ANY PURPOSE IS STRICTLY PROHIBITED. THIS REPORT IS PROVIDED AS-IS WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, OR FITNESS FOR A PARTICULAR PURPOSE. INTERCONTINENTAL EXCHANGE, INC. (ICE) SHALL HAVE NO LIABILITY IN CONTRACT, TORT, OR OTHERWISE ARISING OUT OF OR IN CONNECTION WITH THIS REPORT. ICE DOES NOT REPRESENT OR WARRANT THAT THE REPORT IS COMPLETE OR FREE FROM ERROR. YOU UNDERSTAND AND ACKNOWLEDGE THAT THE AVAILABILITY, COMPLETENESS AND FORMAT OF THE DATA ELEMENTS MAY VARY SUBSTANTIALLY FROM AREA-TO-AREA. THE INFORMATION CONTAINED IN THIS REPORT IS DERIVED FROM PUBLICLY AVAILABLE SOURCES FOR THE SUBJECT PROPERTY OR COMPARABLE PROPERTIES LISTED ABOVE AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY ICE THROUGH ANY FORM OF INSPECTION OR REVIEW. THIS REPORT DOES NOT CONSTITUTE AN APPRAISAL OF ANY KIND AND SHOULD NOT BE USED IN LIEU OF AN INSPECTION OF A SUBJECT PROPERTY BY A LICENSED OR CERTIFIED APPRAISER. THIS REPORT CONTAINS NO REPRESENTATIONS, OPINIONS OR WARRANTIES REGARDING THE SUBJECT PROPERTY'S ACTUAL MARKETABILITY, CONDITION (STRUCTURAL OR OTHERWISE), ENVIRONMENTAL, HAZARD OR FLOOD ZONE STATUS, AND ANY REFERENCE TO ENVIRONMENTAL, HAZARD OR FLOOD ZONE STATUS IS FOR INFORMATIONAL PURPOSES ONLY AND SHALL BE INDEPENDENTLY VERIFIED BY THE END USER. THE INFORMATION CONTAINED HEREIN SHALL NOT BE UTILIZED: (A) TO REVIEW OR ESTABLISH A CONSUMER'S CREDIT AND/OR INSURANCE ELIGIBILITY OR FOR ANY OTHER PURPOSE THAT WOULD CAUSE THE REPORT TO CONSTITUTE A "CONSUMER REPORT" UNDER THE FAIR CREDIT REPORTING ACT, 15 U.S.C. § 1681 ET SEQ.; OR (B) IN CONNECTION WITH CERTIFICATION OR AUTHENTICATION OF REAL ESTATE OWNERSHIP AND/OR REAL ESTATE TRANSACTIONS. ADDITIONAL TERMS AND CONDITIONS SHALL APPLY PURSUANT TO THE APPLICABLE AGREEMENT.

Copyright CONFIDENTIAL, PROPRIETARY AND/OR TRADE SECRET. TM SM ® TRADEMARK(S) OF INTERCONTINENTAL EXCHANGE, INC. AND ITS SUBSIDIARIES AND AFFILIATES. © 2026 INTERCONTINENTAL EXCHANGE, INC. ALL RIGHTS RESERVED.

Page 7


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First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates. ©2021 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF | 05117910421


- FIRST AMERICAN TITLE, FC0, KWAL 01/07/2026 08:19AM Q7IJ

MARICOPA, AZ

INVESTIGATIVE SEARCH RESULTS

PAGE 1 OF 1

SEARCH PARAMETERS PARCEL: PARCEL:

170-29-116 170-29-116

8 INSTRUMENT

REC DATE

2025 697370

12/03/2025

OWNER:

OFFERPAD SPV BORROWER G LLC

SITUS:

4206 N 38TH ST UNIT 1 PHOENIX

MAIL:

433 S FARMER AVE

PLAT:

798 - 50

LEGAL:

ARCADIA COURTYARDS CONDOMINIUM MCR 798-50 UNIT 1 BLDG F (PLEASE NOTE: FOR LEGAL DESCRIPTION REFERENCES REGARDING THE PERCENTAGE OF OWNERSHIP OF THE COMMON AREA(S) PLEASE REFER TO THE RECORDED COVENANTS CONDITIONS AND RESTRICTIONS (CCR) ASSOCIATED WITH THIS PLAT.)

LOT

1

BLOCK F

TRACT F

CURRENT TAXES

INFORMATION THROUGH 11/07/2025

LAND

IMPR

EXEMPT

RATE

AREA

PRIMARY

88,423

0

0

6.9085

141300

SECONDARY

286,800

0

0

6.5987

2025 TOTAL TAX BILLED

SPECIAL DISTRICTS

1,194.30

2025

TAX AMT

TAX DUE

INTEREST

FIRST HALF

597.15

597.15

23.89

621.04

SECOND HALF

597.15

597.15

0.00

597.15

TOTAL CURRENT TAXES DUE 01/26

1,218.19

02/26

1,226.15

DATE PAID

TOTAL DUE

(ESTIMATED)

RESIDENTIAL IMPROVEMENTS BLDG SQFT

910

COOLING

REFRIGERATION

YEAR BUILT

1967

EXTERIOR WALLS

PAINTED BLOCK

NUMBER OF STORIES

ROOF

NUMBER OF ROOMS

CONSTRUCTION CLASS

NUMBER OF BATH FIXTURES

3

PATIO (TYPE AND NUMBER) GARAGE (TYPE AND NUMBER)

BUILT UP

PHYSICAL CONDITION

R3 OTHER

NONE 0

LAND USE

07 33

CARPORT 1

LOT SIZE

824 SQ FT

POOL SQ FT

SCHOOL DISTRICT

141300

HEATING

LAND FULL CASH VALUE

57,300

IMPR FULL CASH VALUE

57,300

SALES SALE DATE

SALE AMOUNT

INSTRUMENT TYPE

SELLER NAME

04/15/2025

277,000

2025 209422 WD

NISHIMURA KURT

ADDITIONAL PROPERTY INFORMATION STANDARD LAND USE:

CONDOMINIUM

END SEARCH

VALIDITY


Covenants, Conditions & Restrictions Thank you for the opportunity to be of service.

Restrictions indicating a preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status, or national origin are hereby deleted to the extent such restrictions violate 42 USC 3604(c).

This information is furnished without fee and without benefit of a complete title search. No liability is assumed by First American Title. If it is desired that liability be assumed, you may apply for a policy of title insurance with First American Title Insurance Company.


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