2425 S 24th St, Phoenix, AZ 85034 Property Records

Maricopa County property record for 2425 S 24th St, Phoenix, AZ 85034

Property Summary

Property Type	Motel
Details	61,355 sqft · built 1974
Lot Size	3.36 acres (146,492 sqft)
Owner	Company Name on Record
Last Sale	$12,500,000 (Aug 2023)
Tax Bill	$81,108 (2023)
Deeds & Mortgages	Nov 2022 Construction Loan Aug 2023 Sale & Mortgage + 3 more
Flood Zone	Zone X (moderate risk)
APN	`121-43-057-V`

Property Details

APN / Parcel Number

Primary APN	`121-43-057-V`
Alternative APNs	`12143057V3` `0512101243`

Interior

Units	118 Units
Stories	1 Story
Building Area	61,355 sqft Gross Area
1st Floor Area	61,355 sqft

Exterior

Year Built	Built 1974
Effective Year Built	Effective 1974
Exterior Material	Concrete Block
Construction Type	Tilt-Up Concrete
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	146,492 sqft (3.36 acres)
View / Lot	Traffic
Total Buildings	4 Buildings

Utilities, Heating & Cooling

Heating System	HVAC
Sewer	Municipal

Location & Zoning

Street Address	2425 S 24TH ST
City	PHOENIX
State	AZ
Zip	85034-6806
Property Category	Commercial
Property Type	Commercial > Retail > Motel
Local Zoning Code	I-2
Legal Description	TH PT OF SW4 OF SD SEC BEG AT A PT ON WEST LN OF LOT 1 FR WH SW COR OF SD LOT 1 BEARS S 0D 12M 30S C W 247.36F TH E 176.40F TH N 331.19F TO N LN OF LOT 1 TH N 76D 39M 20SC W 183.41F ALG SD R/W OF I NTERSTATE HWY 10 TO NW COR OF LOT 1 TH CONT N 76D 39
Legal Range	3E
Legal Township	1N
Legal Section	14
Legal Lot Number	1
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	2
Census Block	2000
Census Tract	117200

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	1855 W BASELINE RD, 101, MESA, AZ 85202-9098
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Nov 23, 2022	Deed of Trust, Mortgage · Construction Mortgage ASAZ1 FINANCIAL LLC
Aug 8, 2023	Special Warranty Deed, Transfer CITY OF PHOENIX
Nov 7, 2022	Re-recorded Document FIRSTAMERICAN TITLE COMPANY, FIRST AMERICAN TITLE COMPANY
Oct 29, 2021	Warranty Deed, Construction Loan · Construction Mortgage CAPITAL FUND I LLC
Nov 13, 2017	Special Warranty Deed, Transfer · Commercial Mortgage FIRST FIDELITY BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 8, 2023 · Amount on Record
Deed Sale	Aug 8, 2023 · Amount on Record
Prior Sale	Oct 29, 2021 · Amount on Record
Deed Document Number	2023414482
Prior Transfer Date	Oct 11, 2022
Prior Transfer Doc	0000823560
Record Updated	Sep 20, 2026

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	2425 S 24TH ST, PHOENIX, AZ 85034-6806
Transaction Type	Mortgage
Record Updated	Mar 5, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9826 N LAKE CREEK PKWY 16110, 16110, AUSTIN, TX 78717-6036

Mortgage

Document Number	0000854945
Date	Nov 23, 2022
Instrument	20220854945

Lender

Name	ASAZ1 FINANCIAL LLC
Type	Non-Lending Institution
Address	IRVING, TX 75062

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

August 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Aug 8, 2023
Property Address	2425 S 24TH ST, PHOENIX, AZ 85034-6806
Document Number	0000414482
Instrument Date	Aug 1, 2023
Instrument	20230414482
Transaction Type	Transfer
Record Updated	Mar 5, 2024
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
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	9826 N LAKE CREEK PKWY UNIT 16110, 16110, AUSTIN, TX 78717-6036

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1855 W BASELINE RD STE 101, 101, MESA, AZ 85202-9098

Mortgage

Document Number	0000419495
Date	Aug 10, 2023
Instrument	20230419495

Lender

Name	CITY OF PHOENIX
Type	Government Agency
Address	PHOENIX, AZ 85003

Agreement

Amount	Amount Recorded

November 2022: Re-recorded Document

Document Type	Re-recorded Document
Jurisdiction	MARICOPA AZ
Recording Date	Nov 7, 2022
Property Address	2425 S 24TH ST, PHOENIX, AZ 85034-6806
Document Number	0000823560
Map Reference	MB 110 PG 49
Instrument Date	Oct 11, 2022
Instrument	20220823560
Record Updated	Mar 5, 2024
Title Company	FIRSTAMERICAN TITLE COMPANY, FIRST AMERICAN TITLE COMPANY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2425 S 24TH ST, PHOENIX, AZ 85034-6806

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2425 S 24TH ST, PHOENIX, AZ 85034-6806

October 2021: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Oct 29, 2021
Property Address	2425 S 24TH ST, PHOENIX, AZ 85034-6806
Document Number	0001165982
Map Reference	MB 110 PG 49
Instrument Date	Jun 24, 2021
Instrument	20211165982
Transaction Type	Construction Loan
Record Updated	Mar 5, 2024
Title Company	FIRST AMERICAN TITLE INS CO

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	2425 S 24TH ST, PHOENIX, AZ 85034-6806

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	17211 N BLACK CANYON HWY, PHOENIX, AZ 85023-2249

Mortgage

Document Number	0001165983
Date	Oct 29, 2021
Instrument	20211165983

Lender

Name	CAPITAL FUND I LLC
Type	Funding / Finance Company

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

Mortgage

Document Number	0001165984
Date	Oct 29, 2021
Instrument	20211165984

Lender

Name	SALAMONE TRUST
Type	Non-Lending Institution
Address	SCOTTSDALE, AZ 85260

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

November 2017: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Nov 13, 2017
Property Address	2425 S 24TH ST, PHOENIX, AZ 85034-6806
Document Number	0000838870
Map Reference	MB 110 PG 49
Instrument Date	Nov 10, 2017
Instrument	2017-0838870
Transaction Type	Transfer
Record Updated	Dec 21, 2021
Title Company	FIRST AMERICAN TITLE INSURAN

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	2425 S 24TH ST, 2425, PHOENIX, AZ 85034-6806

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7201 E 36TH AVE, DENVER, CO 80207-1606

Mortgage

Document Number	0000838871
Date	Nov 13, 2017
Instrument	2017-0838871

Lender

Name	FIRST FIDELITY BANK
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	Phoenix City
Secondary School District	Phoenix Union High School District (09 - 12)
Elementary School District	Wilson Elementary District (PK - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$1,109,336 (+90.43%)	$7,395,575 (+23.97%) Land $2,117,625 Building $5,277,950
2025		$582,555 (-4%)	$5,965,400 (+1.38%) Land $2,319,800 Building $3,645,600
2024		$970,860 (+32.26%)	$5,884,000 (+36.26%) Land $2,252,200 Building $3,631,800
2023	$81,108.00 (+3.11%)	$734,077 Land $215,254 Building $518,823	$4,318,100 Land $1,266,200 Building $3,051,900
2022	$78,658.00

Assessed value is set for property tax purposes, not a market price estimate; it is 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 42 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 400
AirFiber WISP Fixed Wireless	100 / 25
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, Verizon.

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