724 W 5th St, Tempe, AZ 85281 Property Records

Maricopa County property record for 724 W 5th St, Tempe, AZ 85281

Property Summary

Property Type	Apartments (5+ Units)
Details	1,856 sqft · built 1963
Lot Size	0.144 acres (6,262 sqft)
Owner	Company Name on Record
Last Sale	$3,675,000 (Aug 2021)
Tax Bill	$1,184 (2025)
Deeds & Mortgages	Aug 2021 Sale & Construction Loan Jun 2020 Sale & Mortgage + 2 more
Flood Zone	Zone X (moderate risk)
APN	`124-31-078`

Property Details

APN / Parcel Number

Primary APN	`124-31-078`
Alternative APNs	`0312401519` `124310784`

Interior

Units	2 Units
Stories	1 Story
Building Area	1,856 sqft Living Area
1st Floor Area	1,856 sqft

Exterior

Year Built	Built 1963
Effective Year Built	Effective 1963
Exterior Material	Concrete Block
Construction Type	Tilt-Up Concrete
Roof Material	Built-Up Asphalt
Lot Area	6,262 sqft (0.144 acres)

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC
Sewer	Municipal

Location & Zoning

Street Address	724 W 5TH ST
City	TEMPE
State	AZ
Zip	85281-3584
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	M-H
Legal Description	MONTERREY VILLAGE MCR 99/35
Legal Range	4E
Legal Township	1N
Legal Section	16
Legal Subdivision	MONTERREY VILLAGE
Legal Lot Number	42
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	4
Census Block	4011
Census Tract	318800

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	183 BELWOOD GTWY, LOS GATOS, CA 95032-5139
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Aug 20, 2021	Special Warranty Deed, Construction Loan · Construction Mortgage CBRE CAPITAL MARKETS INC
Jun 30, 2020	Special Warranty Deed, Transfer · Commercial Mortgage FIRST FIDELITY BANK
Jul 5, 2018	Grant Deed, Transfer
May 31, 2017	Trustee's Deed, Transfer JOHN & VINCE PROPERTIES LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 20, 2021 · Amount on Record
Deed Sale	Aug 20, 2021 · Amount on Record
Prior Sale	Jun 30, 2020 · Amount on Record
Deed Document Number	2021904778
Record Updated	Oct 29, 2026

August 2021: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Aug 20, 2021
Property Address	724 W 5TH ST, TEMPE, AZ 85281-3584
Document Number	0000904778
Map Reference	MB 99 PG 35
Instrument Date	Aug 19, 2021
Instrument	20210904778
Transaction Type	Construction Loan
Record Updated	Mar 5, 2024
Title Company	AMERICAN TITLE COMPANY, AMERICAN TITLE SVC AGCY LLC

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	3334 E COAST HWY, CORONA DEL MAR, CA 92625-2328

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	183 BELWOOD GTWY, LOS GATOS, CA 95032-5139
Investor	Possibly a Property Investor

Mortgage

Document Number	0000904779
Date	Aug 20, 2021
Instrument	20210904779

Lender

Name	CBRE CAPITAL MARKETS INC
Type	Non-Lending Institution

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	241 Months
Due	Sep 1, 2041

June 2020: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jun 30, 2020
Property Address	724 W 5TH ST, TEMPE, AZ 85281-3584
Document Number	0000582598
Map Reference	MB 99 PG 35
Instrument Date	Jun 19, 2020
Instrument	20200582598
Transaction Type	Transfer
Record Updated	Nov 8, 2022
Title Company	AMERICAN TITLE SVC AGCY LLC

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	PO BOX 866, HERMOSA BEACH, CA 90254-0866

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2931 STH AVENUE, CORONA DEL MAR, CA 92625

Mortgage

Document Number	0000582599
Date	Jun 30, 2020
Instrument	20200582599

Lender

Name	FIRST FIDELITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	85 Months
Due	Jul 1, 2027

July 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jul 5, 2018
Property Address	724 W 5TH ST, TEMPE, AZ 85281-3584
Document Number	0000001512
Instrument Date	May 1, 2018
Instrument	1512
Transaction Type	Transfer
Record Updated	Sep 11, 2018

Transaction

Amount	Amount Recorded
Tax	$2,520.00
Amount Accuracy	Confirmed
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 844 HERMOSA BEACH CA 902540844, HERMOSA BEACH, CA 90254-0844

May 2017: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	MARICOPA AZ
Recording Date	May 31, 2017
Property Address	724 W 5TH ST, TEMPE, AZ 85281-3584
Document Number	0000395128
Instrument Date	May 31, 2017
Instrument	395128
Transaction Type	Transfer
Record Updated	Jun 6, 2017
Title Company	AMERICAN TITLE COMPANY, AMERICAN TITLE SVC AGCY LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,750.00
Amount Accuracy	Confirmed
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1928 E HIGHLAND AVE #F104-320 PHOENIX AZ 850164626, F104-3, PHOENIX, AZ 85016-4626

Mortgage

Document Number	395129
Date	May 31, 2017
Instrument	395129

Lender

Name	JOHN & VINCE PROPERTIES LLC
Address	550 E RAWHIDE AVE, GILBERT, AZ 85296-2318

Agreement

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		$29,300 (+196.53%)	$293,000 (-38.56%) Land $65,200 Building $227,800
2025	$1,184.00 (+8.33%)	$9,881 (-80.97%)	$476,900 (-8.13%) Land $106,100 Building $370,800
2024		$51,910	$519,100 Land $115,500 Building $403,600
2023	$1,093.00

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 Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	2 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 Risk	Low lower than 98% of the US · lower than 99.6% of Arizona
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 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 762 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
AirFiber WISP Fixed Wireless	100 / 25
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: GeoLinks.

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