1221 E Broadway Rd, Tempe, AZ 85282 Property Records

Maricopa County property record for 1221 E Broadway Rd, Tempe, AZ 85282

Property Summary

Property TypeApartments (5+ Units)
Details187,016 sqft · built 2016
Lot Size7.79 acres (339,550 sqft)
OwnerCompany Name on Record
Last Sale$64,750,000 (Jun 2021)
Tax Bill$390,551 (2025)
Deeds & MortgagesOct 2021 Mortgage
Jun 2021 Sale & Line of Credit
+ 1 more
Flood ZoneZone X (moderate risk)
APN133-30-169

Property Details

APN / Parcel Number

Primary APN133-30-169
Alternative APN
  • 133301695

Interior

Units194 Units
Stories1 Story
Building Area187,016 sqft Living Area
1st Floor Area187,016 sqft

Exterior

Year BuiltBuilt 2016
Effective Year BuiltEffective 2016
Construction TypeWood
Lot Area339,550 sqft (7.79 acres)
Garage TypeAttached
Garage Area1,832 sqft
Total Buildings11 Buildings

Utilities, Heating & Cooling

SewerMunicipal

Location & Zoning

Street Address1221 E BROADWAY RD
CityTEMPE
StateAZ
Zip85282-1838
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeC-C
Legal DescriptionSTANDARD ON BROADWAY MCR 1202-48
Legal Range4E
Legal Township1N
Legal Section26
Legal SubdivisionSTANDARD ON BROADWAY
Legal Lot Number1
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group1
Census Block1000
Census Tract319500

Owner

Source: Maricopa County records, as of April 20, 2026

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

Owner of RecordCompany Name on Record
Mailing Address6222 WILSHIRE BLVD, 400, LOS ANGELES, CA 90048-5100
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Oct 29, 2021Agreement of Sale, Transfer · Commercial Mortgage
CITIBANK NA
Jun 11, 2021Special Warranty Deed, Transfer · Line of Credit
CITIBANK NA
Jun 19, 2017Grant Deed, Transfer
WALKER & DUNLOP

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 11, 2021 · Amount on Record
Deed SaleJun 11, 2021 · Amount on Record
Prior SaleJun 19, 2017 · Amount on Record
Deed Document Number2021644290
Record UpdatedJun 8, 2026

October 2021: Agreement of Sale, Transfer

Document TypeAgreement of Sale
JurisdictionMARICOPA AZ
Recording DateOct 29, 2021
Property Address1221 E BROADWAY RD, TEMPE, AZ 85282-1838
Document Number0001166806
Map ReferenceMB 499 PG 50
Instrument DateOct 29, 2021
Instrument20211166806
Transaction TypeTransfer
Record UpdatedMar 5, 2024
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE NCS

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address6222 WILSHIRE BLVD STE 400, 400, LOS ANGELES, CA 90048-5100

Mortgage

Document Number0001166807
DateOct 29, 2021
Instrument20211166807
Lender
NameCITIBANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

June 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateJun 11, 2021
Property Address1221 E BROADWAY RD, TEMPE, AZ 85282-1838
Document Number0000644290
Map ReferenceMB 1202 PG 48
Instrument DateJun 9, 2021
Instrument20210644290
Transaction TypeTransfer
Record UpdatedMar 5, 2024
Title CompanyLA COMMONWEALTH TITLE, COMMONWEALTH TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address970 LAWRENCE AVE W, TORONTO XX

Transferred To (Grantee/Buyer)

NameVerified Name
Address6222 WILSHIRE BLVD STE 400, 400, LOS ANGELES, CA 90048-5100

Mortgage

Document Number0000644292
DateJun 11, 2021
Instrument20210644292
Lender
NameCITIBANK NA
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded

June 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateJun 19, 2017
Property Address1221 E BROADWAY RD, TEMPE, AZ 85282-1838
Document Number0000446588
Instrument DateJun 12, 2017
Instrument446588
Transaction TypeTransfer
Record UpdatedJun 28, 2017
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$41,810.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address1221 E BROADWAY RD TE AZ 85202, TE, AZ 85202

Mortgage

Document Number446589
DateJun 19, 2017
Instrument446589
Lender
NameWALKER & DUNLOP
Address7501 WISCONSIN AVE # 1200E, BETHESDA, MD 20814-6531
Agreement
AmountAmount Recorded
Term84 Months
DueJun 18, 2024

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityTempe City
Elementary School DistrictTempe School District (PK - 08)
Secondary School DistrictTempe Union High School District (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$4,428,930 (+35.92%)$44,289,300 (-17.91%) Land $8,857,800 Building $35,431,500
2025$390,551.00 (+8.31%)$3,258,399 (-53.03%)$53,952,600 (-22.23%) Land $10,790,500 Building $43,162,100
2024$6,937,630 (+34.14%)$69,376,300 (+34.14%) Land $13,875,200 Building $55,501,100
2023$360,599.00 (+4.25%)$5,171,760 Land $1,034,350 Building $4,137,410$51,717,600 Land $10,343,500 Building $41,374,100
2022$345,896.00

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.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies1 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 RiskNot 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 SystemCITY OF TEMPE
serves 165,000 people · EPA ID AZ0407100
Water SourceSurface water
Last State InspectionMar 2026
Lead4 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Apr 2017
Treatment and ProcedureTreatment report not submitted
Oct 2017
Monitoring and ReportingNone
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 712 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Cox Communications
Fiber · Cable in parts of the area
2,000 / 35
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless
400 / 400
Verizon
Fixed Wireless
300 / 20
AirFiber WISP
Fixed Wireless
100 / 25
AT&T
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: GeoLinks.

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