3420 E University Dr, Phoenix, AZ 85034 Property Records

Maricopa County property record for 3420 E University Dr, Phoenix, AZ 85034

Property Summary

Property TypeParking Lot
Detailsbuilt 1997
Lot Size1.97 acres (86,106 sqft)
OwnerCompany Name on Record
Last Sale$19,750,000 (Jun 2013)
Tax Bill$21,953 (2025)
Deeds & MortgagesJan 2021 Mortgage
Dec 2020 Sale
+ 1 more
Flood ZoneZone X (moderate risk)
APN122-03-016-B

Property Details

APN / Parcel Number

Primary APN122-03-016-B
Alternative APNs
  • 12203016B2
  • 3712240376

Exterior

Year BuiltBuilt 1997
Effective Year BuiltEffective 1997
Construction TypeSteel Frame
Lot Area86,106 sqft (1.97 acres)

Utilities, Heating & Cooling

SewerMunicipal

Location & Zoning

Street Address3420 E UNIVERSITY DR
CityPHOENIX
StateAZ
Zip85034
Property CategoryCommercial
Property TypeCommercial > Retail > Parking Lot
Local Zoning CodeI-2
Legal DescriptionSOUTHBANK MCR 306-44
Legal Range3E
Legal Township1N
Legal Section24
Legal SubdivisionSOUTHBANK
Legal Lot Number14
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group1
Census Block1019
Census Tract115200

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 RecordCompany Name on Record
Mailing Address9952 S SANTA MONICA BLVD, BEVERLY HILLS, CA 90212-1607
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Jan 28, 2021Deed of Trust, Mortgage · Commercial Mortgage
MORGAN STANLEY BANK NA
Dec 10, 2020Grant Deed, Transfer
FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE
Aug 2, 2018Loan Modification, Mortgage
US BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 4, 2013 · Amount on Record
Deed SaleJun 4, 2013 · Amount on Record
Prior SaleApr 12, 1994 · Amount on Record
Deed Document Number2013512625
Prior Transfer DateOct 3, 2001
Prior Transfer Doc0000925825
Record UpdatedJun 8, 2026

January 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address3420 E UNIVERSITY DR, PHOENIX, AZ 85034
Transaction TypeMortgage
Record UpdatedAug 4, 2022
Title CompanyFIRST AMERICAN TITLE INS CO

Transferred To (Grantee/Buyer)

NameVerified Name
Address9952 SANTA MONICA BLVD, BEVERLY HILLS, CA 90212-1607

Mortgage

Document Number0000101525
DateJan 28, 2021
Instrument20210101525
Lender
NameMORGAN STANLEY BANK NA
TypeBank
AddressNEW YORK, NY 10036
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateDec 10, 2020
Property Address3420 E UNIVERSITY DR, PHOENIX, AZ 85034
Document Number0001219976
Instrument DateDec 10, 2020
Instrument1219976
Transaction TypeTransfer
Record UpdatedJan 12, 2021
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

AmountAmount Recorded
Tax$27.00
Amount AccuracyConfirmed
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address9952 SANTA MONICA BLVD BEVERLY HILLS CA 902121607, BEVERLY HILLS, CA 90212-1607

August 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMARICOPA AZ
Property Address3420 E UNIVERSITY DR, PHOENIX, AZ 85034
Document Number0000594339
Instrument DateAug 2, 2018
Transaction TypeMortgage
Record UpdatedAug 14, 2018
Title CompanyEMPIRE W TITLE AGENCY

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address600-220 PORTAGE AVE

Mortgage

Document Number0000594339
DateAug 6, 2018
Instrument594339
Lender
NameUS BK
TypeBank
Agreement
AmountAmount Recorded
Term36 Months
DueAug 5, 2021

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$231,880 (+59.26%)$1,496,000 (+36.78%) Land $1,230,600 Building $265,400
2025$21,953.00 (-0.56%)$145,601 (-14.04%)$1,093,700 (+6.54%) Land $836,100 Building $257,600
2024$169,389$1,026,600 Land $760,100 Building $266,500
2023$22,077.00

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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies2 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 RiskNot 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 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 20 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: AT&T, CenturyLink, Cox Communications, GeoLinks, T-Mobile.

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