1655 E University Dr, Tempe, AZ 85288 Property Records

Maricopa County property record for 1655 E University Dr, Tempe, AZ 85288

Property Summary

Property Type	Apartments (5+ Units)
Details	269,306 sqft · built 1998
Lot Size	15.8 acres (691,471 sqft)
Owner	Company Name on Record
Last Sale	$107,000,000 (May 2022)
Tax Bill	$458,265 (2025)
Deeds & Mortgages	May 2022 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`132-60-029`

Property Details

APN / Parcel Number

Primary APN	`132-60-029`
Alternative APNs	`0313208771` `132600292`

Interior

Units	529 Units
Stories	1 Story
Building Area	269,306 sqft Living Area
1st Floor Area	269,306 sqft

Exterior

Year Built	Built 1998
Effective Year Built	Effective 1998
Exterior Material	Concrete
Construction Type	Wood
Roof Material	Concrete
Lot Area	691,471 sqft (15.8 acres)
Total Buildings	21 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	Heat Pump

Location & Zoning

Street Address	1655 E UNIVERSITY DR
City	TEMPE
State	AZ
Zip	85288-8471
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	M-H
Legal Description	JEFFERSON COMMONS MCR 463-33
Legal Range	4E
Legal Township	1N
Legal Section	23
Legal Subdivision	JEFFERSON COMMONS
Legal Lot Number	2
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	3
Census Block	3000
Census Tract	319103

Owner

Source: Maricopa County records, as of April 10, 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	465 MEETING ST, 500, CHARLESTON, SC 29403-7123
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 20, 2022 · Amount on Record
Deed Sale	May 20, 2022 · Amount on Record
Prior Sale	Jul 27, 2015 · Amount on Record
Deed Document Number	2022438926
Prior Transfer Date	Jul 24, 2015
Prior Transfer Doc	0000538470
Record Updated	Jun 8, 2026

May 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	May 20, 2022
Property Address	1655 E UNIVERSITY DR, TEMPE, AZ 85288-8471
Document Number	0000438926
Map Reference	MB 463 PG 33
Instrument Date	May 19, 2022
Instrument	20220438926
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 Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	3819 MAPLE AVE, DALLAS, TX 75219-3913

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	465 MEETING ST # 500, 500, CHARLESTON, SC 29403-7123

Mortgage

Document Number	0000438927
Date	May 20, 2022
Instrument	20220438927

Lender

Name	WELLS FARGO BANK NA
Type	Bank

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	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		$7,061,780 (+84.7%)	$70,617,800 (-15.53%) Land $12,091,300 Building $58,526,500
2025	$458,265.00 (+8.31%)	$3,823,338 (-63.04%)	$83,597,900 (-19.19%) Land $14,313,800 Building $69,284,100
2024		$10,345,050 (+34.19%)	$103,450,500 (+34.19%) Land $17,713,000 Building $85,737,500
2023	$423,119.00 (+4.25%)	$7,709,370 Land $1,320,010 Building $6,389,360	$77,093,700 Land $13,200,100 Building $63,893,600
2022	$405,867.00

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 Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (2019)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Sep 2019 · other causes

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 616 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
AT&T Fixed Wireless	100 / 20

May also be available: AirFiber WISP, CenturyLink, GeoLinks, T-Mobile.

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