Maricopa County property record for 1255 E University Dr, Tempe, AZ 85288
| Property Type | Commercial |
|---|---|
| Lot Size | 0.391 acres (17,023 sqft) |
| Owner | Company Name on Record |
| Last Sale | $41,875,000 (Apr 2014) |
| Tax Bill | $2,589 (2025) |
| Deeds & Mortgages | Apr 2019 Mortgage |
| Flood Zone | Zone X (moderate risk) |
| APN | 132-73-042-D |
| Primary APN | 132-73-042-D |
|---|---|
| Alternative APNs |
|
| Units | 504 Units |
|---|
| Roof Material | Aluminum |
|---|---|
| Lot Area | 17,023 sqft (0.391 acres) |
| Sewer | Municipal |
|---|
| Street Address | 1255 E UNIVERSITY DR |
|---|---|
| City | TEMPE |
| State | AZ |
| Zip | 85288-8420 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Local Zoning Code | M-H |
| Legal Description | TH PT NW4 SEC DAF BEG N4 COR SEC TH W 975.98F TRP OB TH S 717.78F TO N LN R/R TH N 76D 14M W 276.01 F N 652.11F E 268.08F TO TRPOB EX N 40F RD TH/OF & EX N 15F TH/OF P/D 16167-101 |
| Legal Range | 4E |
| Legal Township | 1N |
| Legal Section | 23 |
| Jurisdiction | MARICOPA AZ |
| Township / Civil Division | PHOENIX |
| Census Block Group | 1 |
| Census Block | 1001 |
| Census Tract | 319103 |
Source: Maricopa County records, as of July 29, 2026
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 | 660 NEWPORT CENTER DR, 1300, NEWPORT BEACH, CA 92660-6492 |
| Owner Type | Company |
| Vesting | Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Apr 4, 2014 · Amount on Record |
| Deed Sale | Apr 4, 2014 · Amount on Record |
| Prior Sale | Mar 14, 2006 · Amount on Record |
| Deed Document Number | 2014216274 |
| Prior Transfer Date | Apr 3, 2014 |
| Prior Transfer Doc | 0000216274 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Property Address | 1255 E UNIVERSITY DR, TEMPE, AZ 85288-8420 |
| Document Number | 0000310091 |
| Instrument Date | Apr 30, 2019 |
| Transaction Type | Mortgage |
| Record Updated | May 10, 2019 |
| Title Company | COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH TITLE CO |
| Additional |
|
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 660 NEWPORT CENTER DR #1300 NEWPORT BEACH CA 926606492, 1300, NEWPORT BEACH, CA 92660-6492 |
| Document Number | 0000310091 |
|---|---|
| Date | Apr 30, 2019 |
| Instrument | 310091 |
| Name | CBRE MULTIFAMILY CAP |
|---|---|
| Type | Funding / Finance Company |
| Address | HOUSTON, TX 77024 |
| Amount | Amount Recorded |
|---|
| Rate Type | Adjustable Rate |
|---|
Source: Maricopa County assessment roll, as of October 22, 2025
| 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) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $53,260 (+146.51%) | $532,600 (-11.32%) Land $532,600 | |
| 2025 | $2,589.00 (+8.28%) | $21,606 (-67.83%) Land $21,606 | $600,600 (-10.59%) Land $600,600 |
| 2024 | $67,170 | $671,700 Land $671,700 | |
| 2023 | $2,391.00 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
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.
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.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 291 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 |
| CenturyLink DSL | 140 / 20 |
| AirFiber WISP Fixed Wireless | 100 / 25 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: GeoLinks, T-Mobile.
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