1949 E University Dr, Tempe, AZ 85288 Property Records

Maricopa County property record for 1949 E University Dr, Tempe, AZ 85288

Property Summary

Property Type	Apartments (5+ Units)
Details	526,950 sqft · built 2009
Lot Size	6.35 acres (276,791 sqft)
Owner	Company Name on Record
Last Sale	$57,471,850 (Nov 2020)
Tax Bill	$531,216 (2025)
Deeds & Mortgages	Sep 2022 Sale & Mortgage Nov 2020 Sale & Mortgage + 3 more
Flood Zone	Zone X (moderate risk)
APN	`132-64-987`

Property Details

APN / Parcel Number

Primary APN	`132-64-987`
Alternative APN	`132649873`

Interior

Units	474 Units
Stories	4 Stories
Building Area	526,950 sqft Living Area
1st Floor Area	526,950 sqft

Exterior

Year Built	Built 2009
Effective Year Built	Effective 2009
Exterior Material	Stucco
Construction Type	Wood
Lot Area	276,791 sqft (6.35 acres)
Total Buildings	6 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC
Sewer	Municipal

Location & Zoning

Street Address	1949 E UNIVERSITY DR
City	TEMPE
State	AZ
Zip	85288-8720
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	PAD
Legal Description	JLB TEMPE MCR 1021-46
Legal Range	4E
Legal Township	1N
Legal Section	24
Legal Subdivision	JLB TEMPE
Legal Lot Number	1
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	4
Census Block	4000
Census Tract	319201

Owner

Source: Maricopa County records, as of June 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	280 PARK AVE, 36, NEW YORK, NY 10017-1285
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Sep 23, 2022	Special Warranty Deed, Transfer · Commercial Mortgage CANADIAN IMPERIAL BANK OF COMMERCE
Nov 6, 2020	Grant Deed, Transfer US BK NA SERIES 2019-K87 (CE)
Nov 1, 2018	Grant Deed, Mortgage KEYBANK USA
Mar 1, 2017	Quit Claim Deed, Transfer FIRST AMERICAN TITLE
Mar 1, 2017	Trustee's Deed, Transfer · Line of Credit KEYBANK USA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 6, 2020 · Amount on Record
Deed Sale	Nov 6, 2020 · Amount on Record
Prior Sale	Jul 7, 2014 · Amount on Record
Deed Document Number	20201084140
Prior Transfer Date	Jan 31, 2014
Prior Transfer Doc	0000068193
Record Updated	Oct 29, 2026

September 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Sep 23, 2022
Property Address	1949 E UNIVERSITY DR, TEMPE, AZ 85288-8720
Document Number	0000731517
Map Reference	MB 1021 PG 46
Instrument Date	Sep 23, 2022
Instrument	20220731517
Transaction Type	Transfer
Record Updated	Mar 5, 2024

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

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	280 PARK AVE FL 36, 36, NEW YORK, NY 10017-1285

Mortgage

Document Number	0000731518
Date	Sep 23, 2022
Instrument	20220731518

Lender

Name	CANADIAN IMPERIAL BANK OF COMMERCE
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

November 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Nov 6, 2020
Property Address	1949 E UNIVERSITY DR, TEMPE, AZ 85288-8720
Document Number	0001084140
Instrument Date	Nov 3, 2020
Instrument	1084140
Transaction Type	Transfer
Record Updated	Nov 16, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$57,472.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4100 E MISSISSIPPI AVE #15 DENVER CO 802463048, 15, DENVER, CO 80246-3048

Mortgage

Document Number	1084141
Date	Nov 6, 2020
Instrument	1084141

Lender

Name	US BK NA SERIES 2019-K87 (CE)

Agreement

Amount	Amount Recorded

November 2018: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Nov 1, 2018
Property Address	1949 E UNIVERSITY DR, TEMPE, AZ 85288-8720
Instrument Date	Oct 31, 2018
Instrument	817743
Transaction Type	Mortgage
Record Updated	Nov 12, 2018
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3284 NORTHSIDE PKWY NW #150 ATLANTA GA 303272282, 150, ATLANTA, GA 30327-2282

Mortgage

Document Number	0000817743
Date	Nov 1, 2018
Instrument	817743

Lender

Name	KEYBANK USA
Type	Bank
Address	11501 OUTLOOK ST # 300, OVERLAND PARK, KS 66211-1807

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Oct 31, 2028

Interest

Rate Type	Adjustable Rate

March 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARICOPA AZ
Recording Date	Mar 1, 2017
Property Address	1949 E UNIVERSITY DR, TEMPE, AZ 85288-8720
Document Number	0000149797
Instrument Date	Feb 28, 2017
Instrument	149797
Transaction Type	Transfer
Record Updated	Mar 9, 2017
Title Company	FIRST AMERICAN TITLE

Transaction

Additional	Quitclaim Arm's Length Partial Interest

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	14 CORPORATE PLAZA DR #210 NEWPORT BEACH CA 926607928, 210, NEWPORT BEACH, CA 92660-7928

March 2017: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	MARICOPA AZ
Recording Date	Mar 1, 2017
Property Address	1949 E UNIVERSITY DR, TEMPE, AZ 85288-8720
Document Number	0000149798
Instrument Date	Feb 28, 2017
Instrument	149798
Transaction Type	Transfer
Record Updated	Nov 16, 2018
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount Recorded
Tax	$53,325.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3284 NORTHSIDE PKWY NW #150 ATLANTA GA 303272282, 150, ATLANTA, GA 30327-2282

Mortgage

Document Number	149799
Date	Mar 1, 2017
Instrument	149799

Lender

Name	KEYBANK USA
Type	Bank
Address	11501 OUTLOOK ST # 300, OVERLAND PARK, KS 66211-1807

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Feb 28, 2022

Interest

Rate Type	Adjustable Rate

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		$8,329,580 (+87.94%)	$83,295,800 (-14.57%) Land $16,659,100 Building $66,636,700
2025	$531,216.00 (+8.31%)	$4,431,978 (-62.14%)	$97,504,700 (-16.7%) Land $19,500,900 Building $78,003,800
2024		$11,705,510 (+23.06%)	$117,055,100 (+23.06%) Land $23,411,000 Building $93,644,100
2023	$490,476.00 (+4.25%)	$9,512,330 Land $1,902,460 Building $7,609,870	$95,123,300 Land $19,024,600 Building $76,098,700
2022	$470,477.00

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 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 812 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
T-Mobile Fixed Wireless	100 / 20

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

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