12435 N 28th Dr, Phoenix, AZ 85029 Property Records

Maricopa County property record for 12435 N 28th Dr, Phoenix, AZ 85029

Property Summary

Property Type	Apartments (5+ Units)
Details	195,914 sqft · built 1972
Lot Size	5.88 acres (256,307 sqft)
Owner	Company Name on Record
Last Sale	$28,250,000 (Nov 2024)
Tax Bill	$118,599 (2025)
Deeds & Mortgages	Mar 2019 Construction Loan Aug 2021 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`149-21-020-A`

Property Details

APN / Parcel Number

Primary APN	`149-21-020-A`
Alternative APN	`14921020A7`

Interior

Units	232 Units
Stories	3 Stories
Building Area	195,914 sqft Living Area
1st Floor Area	195,914 sqft
Fireplaces	4 Fireplaces
Fireplace	Fireplace

Exterior

Year Built	Built 1972
Effective Year Built	Effective 1972
Exterior Material	Concrete
Construction Type	Wood
Roof Material	Built-Up Asphalt
Lot Area	256,307 sqft (5.88 acres)
Garage Area	128 sqft
Patio Area	32,432 sqft
Total Buildings	20 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC

Location & Zoning

Street Address	12435 N 28TH DR
City	PHOENIX
State	AZ
Zip	85029-2438
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	C-N
Legal Description	TH PARC OF LD IN SE4 SE4 DAF BEG 226.94F E & 30F S FR NE COR OF WESTERN UNIT 2 TH E 609F TO NW COR PROP DESC IN DKT 6440/233 TH S 153.22F E 140.37F TO WLY R/W LN BLACK CANYON H/W TH S 5D 49M 50S W 337.43F TH W 721.12F TH N 488.96F TO POB EX PER MCR 1
Legal Range	2E
Legal Township	3N
Legal Section	14
Legal Subdivision	WESTOWN COMMERCIAL CENTER LOT 1-12 & TR
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	1
Census Block	1014
Census Tract	104000

Owner

Source: Maricopa County records, as of October 22, 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	2820 TOWNSGATE RD, 207, WESTLAKE VILLAGE, CA 91361-3078
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Mar 1, 2019	Deed of Trust, Mortgage · Construction Mortgage HUNT MORTGAGE PARTNERS LLC
Aug 12, 2021	Special Warranty Deed, Transfer · Commercial Mortgage PARLEX 5 FINCO LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 26, 2024 · Amount on Record
Deed Sale	Nov 26, 2024 · Amount on Record
Prior Sale	Aug 12, 2021 · Amount on Record
Deed Document Number	2024634770
Prior Transfer Date	Feb 18, 1994
Prior Transfer Doc	0000500724
Record Updated	Oct 29, 2026

March 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	2701 W LARKSPUR DR, PHOENIX, AZ 85029-2460
Transaction Type	Mortgage
Record Updated	Aug 20, 2021
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	18152 STRATFORD CIR, VILLA PARK, CA 92861-4514

Mortgage

Document Number	0000142614
Date	Mar 1, 2019
Instrument	20190142614

Lender

Name	HUNT MORTGAGE PARTNERS LLC
Type	Non-Lending Institution
Address	LEAWOOD, KS 66211

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	84 Months
Due	Mar 1, 2026

August 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Aug 12, 2021
Property Address	12435 N 28TH DR, PHOENIX, AZ 85029-2438
Document Number	0000873085
Instrument Date	Aug 10, 2021
Instrument	20210873085
Transaction Type	Transfer
Record Updated	Mar 5, 2024
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	9273 TOURNAMENT CANYON DR, LAS VEGAS, NV 89144-0816

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	687 S COAST HIGHWAY 101 STE 240, 240, ENCINITAS, CA 92024-3576

Mortgage

Document Number	0000873086
Date	Aug 12, 2021
Instrument	20210873086

Lender

Name	PARLEX 5 FINCO LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$3,203,760 (+243.28%)	$32,037,600 (-22.24%) Land $6,407,500 Building $25,630,100
2025	$118,599.00 (+5.83%)	$933,275 (-79.83%)	$41,202,300 (-10.95%) Land $8,240,400 Building $32,961,900
2024		$4,626,700 (+46.14%)	$46,267,000 (+46.14%) Land $9,253,400 Building $37,013,600
2023	$112,069.00 (+3.37%)	$3,165,960 Land $633,190 Building $2,532,770	$31,659,600 Land $6,331,900 Building $25,327,700
2022	$108,416.00

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

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; 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 PHOENIX serves 1,695,000 people · EPA ID AZ0407025
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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 450 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber · DSL in parts of the area	3,000 / 3,000
Cox Communications Cable	2,000 / 100
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 150
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: GeoLinks, Verizon.

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