261 E University Dr, Phoenix, AZ 85004 Property Records

Maricopa County property record for 261 E University Dr, Phoenix, AZ 85004

Property Summary

Property TypeWarehouse, Storage
Details41,906 sqft · built 1979
Lot Size3.46 acres (151,110 sqft)
OwnerCompany Name on Record
Last Sale$8,685,885 (Sep 2025)
Tax Bill$34,709 (2025)
Deeds & MortgagesDec 2022 Line of Credit
Sep 2025 Sale & Mortgage
+ 2 more
Flood ZoneZone X (moderate risk)
APN112-42-217

Property Details

APN / Parcel Number

Primary APN112-42-217

Interior

Stories1 Story
Building Area41,906 sqft Total Area
1st Floor Area41,906 sqft

Exterior

Year BuiltBuilt 1979
Exterior MaterialMetal
Fire ResistanceSpecial
Lot Area151,110 sqft (3.46 acres)

Utilities, Heating & Cooling

Cooling SystemEvaporative

Location & Zoning

Street Address261 E UNIVERSITY DR
CityPHOENIX
StateAZ
Zip85004-2921
Property CategoryIndustrial
Property TypeIndustrial > Warehouse, Storage
Local Zoning CodeI-1
Legal DescriptionTRENDWOOD INCORPORATED MCR 986-07
Legal Range03E
Legal Township01N
Legal Section17
Legal QuarterSE
Quarter-Quarter SectionSE
Legal SubdivisionTRENDWOOD INCORPORATED
Legal Lot Number1
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group3
Census Block3016
Census Tract114900

Owner

Source: Maricopa County records, as of November 20, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1720 S BELLAIRE ST STE 1209, 1209, DENVER, CO 80222-4336
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 14, 2022Deed of Trust, Mortgage · Line of Credit
ENTERPRISE BANK & TRUST
Sep 19, 2025Special Warranty Deed, Transfer · Commercial Mortgage
WASHINGTON FEDERAL NA
Sep 18, 2024Special Warranty Deed, Transfer · Commercial Mortgage
BANTERRA BANK
Dec 20, 2019Deed of Trust, Mortgage · Line of Credit
ENTERPRISE BANK & TRUST

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 19, 2025 · Amount on Record
Deed SaleSep 19, 2025 · Amount on Record
Prior SaleSep 18, 2024 · Amount on Record
Deed Document Number20250543187
Record UpdatedJun 8, 2026

December 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address261 E UNIVERSITY DR, PHOENIX, AZ 85004-2921
Transaction TypeMortgage
Record UpdatedOct 2, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address120 E WATKINS ST, PHOENIX, AZ 85004-2906

Mortgage

Document Number0000891398
DateDec 14, 2022
Instrument20220891398
Lender
NameENTERPRISE BANK & TRUST
TypeBank
AddressPHOENIX, AZ 85018
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

September 2025: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateSep 19, 2025
Property Address261 E UNIVERSITY DR, PHOENIX, AZ 85004-2921
Document Number0000543187
Map ReferenceMB 986 PG 7
Instrument DateSep 19, 2025
Instrument20250543187
Transaction TypeTransfer
Record UpdatedOct 2, 2025
Title CompanySTEWART TTL & TR OF PHOENIX

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address4720 N BEELER CT1200, DENVER, CO 80238

Transferred To (Grantee/Buyer)

NameVerified Name
Address1476 W HARVARD AVE, GILBERT, AZ 85233-3050

Mortgage

Document Number0000543188
DateSep 19, 2025
Instrument20250543188
Lender
NameWASHINGTON FEDERAL NA
TypeBank
AddressSEATTLE, WA 98101
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

September 2024: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateSep 18, 2024
Property Address261 E UNIVERSITY DR, PHOENIX, AZ 85004-2921
Document Number0000495850
Map ReferenceMB 986 PG 7
Instrument DateSep 9, 2024
Instrument20240495850
Transaction TypeTransfer
Record UpdatedOct 2, 2025
Title CompanyCHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address120 E WATKINS ST, PHOENIX, AZ 85004-2906

Transferred To (Grantee/Buyer)

NameVerified Name
Address1720 S BELLAIRE ST STE 1209, 1209, DENVER, CO 80222-4336

Mortgage

Document Number0000495851
DateSep 18, 2024
Instrument20240495851
Lender
NameBANTERRA BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueSep 18, 2029

December 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address261 E UNIVERSITY DR, PHOENIX, AZ 85004-2921
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyCLEAR TITLE AGENCY OF AZ

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001033961
DateDec 20, 2019
Instrument20191033961
Lender
NameENTERPRISE BANK & TRUST
TypeBank
AddressPHOENIX, AZ 85018
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of January 1, 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityPhoenix City
Elementary School DistrictPhoenix Elementary District (PK - 08)
Secondary School DistrictPhoenix Union High School District (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$826,259 (-15.27%)$5,330,700 (-12.54%) Land $1,876,600 Building $3,454,100
2025$34,709.00 (+3%)$975,152 (+8.63%)$6,094,700 (+12.03%) Land $1,682,600 Building $4,412,100
2024$33,698.00 (-1.99%)$897,650$5,440,300 Land $1,633,600 Building $3,806,700
2023$34,381.00

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 ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies1 in force

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 RiskLow
lower than 99.1% of the US · lower than 99.8% of Arizona
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 SystemCITY OF PHOENIX
serves 1,695,000 people · EPA ID AZ0407025
Water SourceSurface water
Last State InspectionDec 2025
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Jan 2021
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 77 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless
400 / 400
AirFiber WISP
Fixed Wireless
100 / 25

May also be available: CenturyLink, Cox Communications, GeoLinks, T-Mobile, Verizon.

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