108 E University Dr, Tempe, AZ 85281 Property Records

Maricopa County property record for 108 E University Dr, Tempe, AZ 85281

Property Summary

Property Type	Hotel
Details	145,616 sqft · built 2019
Lot Size	0.577 acres (25,177 sqft)
Owner	Company Name on Record
Deeds & Mortgages	Mar 2021 Sale Mar 2018 Construction Loan + 1 more
Flood Zone	Zone X (moderate risk)
APN	`132-27-358`

Property Details

APN / Parcel Number

Primary APN	`132-27-358`

Interior

Units	198 Units
Stories	14 Stories
Building Area	145,616 sqft Total Area
1st Floor Area	145,616 sqft

Exterior

Year Built	Built 2019
Construction Type	Concrete
Fire Resistance	Fireproof Reinforced Concrete
Lot Area	25,177 sqft (0.577 acres)
Total Buildings	2 Buildings

Location & Zoning

Street Address	108 E UNIVERSITY DR
City	TEMPE
State	AZ
Zip	85281-3800
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	CC
Legal Description	7TH STREET MIXED USE MCR 1288-23
Legal Range	04E
Legal Township	01N
Legal Section	15
Legal Subdivision	7TH STREET MIXED USE
Legal Lot Number	2
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	2
Census Block	2019
Census Tract	318700

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	21 E 6TH ST STE 208, 208, TEMPE, AZ 85281-3681
Occupancy	Owner Occupied
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 11, 2021	Special Warranty Deed, Transfer
Mar 30, 2018	Grant Deed, Construction Loan · Construction Mortgage FIRST INT'L BK
Mar 1, 2018	Grant Deed, Transfer FIRST AMERICAN TITLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 11, 2021
Deed Sale	Mar 11, 2021
Prior Sale	Mar 1, 2018 · Amount on Record
Deed Document Number	20210270823
Record Updated	Jun 8, 2026

March 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Mar 11, 2021
Property Address	108 E UNIVERSITY DR, TEMPE, AZ 85281-3800
Document Number	0000270823
Map Reference	MB 1288 PG 23
Instrument Date	Mar 9, 2021
Instrument	20210270823
Transaction Type	Transfer
Record Updated	Nov 8, 2022

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	31 E 5TH ST, TEMPE, AZ 85281-3601
Investor	Possibly a Property Investor

March 2018: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Mar 30, 2018
Property Address	108 E UNIVERSITY DR, TEMPE, AZ 85281-3800
Instrument Date	Mar 29, 2018
Instrument	238957
Transaction Type	Construction Loan
Record Updated	Apr 6, 2018
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	255 ALHAMBRA CIR #760 CORAL GABLES FL 331347412, 760, CORAL GABLES, FL 33134-7412

Mortgage

Document Number	0000238957
Date	Mar 30, 2018
Instrument	238957

Lender

Name	FIRST INT'L BK
Type	Bank
Address	7900 E RAINTREE DR, SCOTTSDALE, AZ 85260-2532

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	324 Months
Due	Mar 29, 2045

March 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Mar 1, 2018
Property Address	108 E UNIVERSITY DR, TEMPE, AZ 85281-3800
Document Number	0000158161
Instrument Date	Mar 1, 2018
Instrument	158161
Transaction Type	Transfer
Record Updated	Mar 9, 2018
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Tax	$5,350.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	255 ALHAMBRA CIR #760 CORAL GABLES FL 331347412, 760, CORAL GABLES, FL 33134-7412

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$8,356,457 (+4.33%)	$53,912,625 (+11.06%) Land $2,424,800 Building $51,487,825
2025	Additional exemption filed
2024		$8,009,938	$48,545,080 Land $2,014,100 Building $46,530,980
2023	Additional exemption filed

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

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 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
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	2 in force

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

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

Wildfire Risk	Not rated no burnable land within 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 System	CITY OF TEMPE serves 165,000 people · EPA ID AZ0407100
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	4 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Apr 2017
Treatment and Procedure	Treatment report not submitted Oct 2017
Monitoring and Reporting	None 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 314 locations within half a mile, as of December 31, 2025

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

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

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