925 E Covey Ln, Phoenix, AZ 85024 Property Records

Maricopa County property record for 925 E Covey Ln, Phoenix, AZ 85024

Property Summary

Property Type	Warehouse, Storage
Details	28,234 sqft · built 2017
Lot Size	2.61 acres (113,758 sqft)
Owner	Company Name on Record
Last Sale	$11,758,523 (Dec 2021)
Tax Bill	$54,265 (2025)
Deeds & Mortgages	Dec 2021 Sale & Mortgage Dec 2019 Line of Credit + 1 more
Flood Zone	Zone X (moderate risk)
APN	`213-05-984`

Property Details

APN / Parcel Number

Primary APN	`213-05-984`
Alternative APNs	`0001001802` `213059844`

Interior

Stories	1 Story
Building Area	28,234 sqft Gross Area
1st Floor Area	28,234 sqft

Exterior

Year Built	Built 2017
Effective Year Built	Effective 2017
Construction Type	Tilt-Up Concrete
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	113,758 sqft (2.61 acres)

Utilities, Heating & Cooling

Sewer	Municipal

Location & Zoning

Street Address	925 E COVEY LN
City	PHOENIX
State	AZ
Zip	85024-5674
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Local Zoning Code	A1
Legal Description	SPECTRUM RIDGE SOUTH 2 MCR 1332-41
Legal Range	3E
Legal Township	4N
Legal Section	21
Legal Subdivision	SPECTRUM RIDGE SOUTH 2
Legal Lot Number	2
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	1
Census Block	1000
Census Tract	614900

Owner

Source: Maricopa County records, as of April 20, 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	101 SHIPYARD WAY, A, NEWPORT BEACH, CA 92663-4447
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Dec 17, 2021	Special Warranty Deed, Transfer · Commercial Mortgage CMFG LIFE INSURANCE CO
Dec 23, 2019	Grant Deed, Mortgage · Line of Credit JOHNSON BK
May 4, 2017	Grant Deed, Construction Loan · Line of Credit GREAT WSTRN BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 17, 2021 · Amount on Record
Deed Sale	Dec 17, 2021 · Amount on Record
Deed Document Number	20211338874
Prior Transfer Date	Dec 13, 2021
Prior Transfer Doc	0001338874
Record Updated	Jun 8, 2026

December 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Dec 17, 2021
Property Address	925 E COVEY LN, PHOENIX, AZ 85024-5674
Document Number	0001338874
Map Reference	MB 1332 PG 41
Instrument Date	Dec 13, 2021
Instrument	20211338874
Transaction Type	Transfer
Record Updated	Mar 5, 2024
Title Company	FIRST AMERICAN TITLE INSURANCE COMPANY NC, FIRST AMER TTL INS CO NCS

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	2525 E ARIZONA BILTMORE CIR STE 138, 138, PHOENIX, AZ 85016-2101

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	101 SHIPYARD WAY STE A, A, NEWPORT BEACH, CA 92663-4447

Mortgage

Document Number	0001338877
Date	Dec 17, 2021
Instrument	20211338877

Lender

Name	CMFG LIFE INSURANCE CO
Type	Insurance Company

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

December 2019: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Dec 23, 2019
Property Address	925 E COVEY LN, PHOENIX, AZ 85024-5674
Instrument Date	Dec 23, 2019
Instrument	1040986
Transaction Type	Mortgage
Record Updated	Jan 6, 2020
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NAT'L TITLE AGCY INC

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	2525 E BILTMORE CIR #C138 PHOENIX AZ 85016, C138, PHOENIX, AZ 85016

Mortgage

Document Number	0001040986
Date	Dec 23, 2019
Instrument	1040986

Lender

Name	JOHNSON BK
Type	Bank
Address	3131 E CAMELBACK RD, PHOENIX, AZ 85016-4500

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

May 2017: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	May 4, 2017
Property Address	925 E COVEY LN, PHOENIX, AZ 85024-5674
Instrument Date	May 3, 2017
Instrument	325241
Transaction Type	Construction Loan
Record Updated	May 2, 2019
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE INS CO

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	2525 E ARIZONA BILTMORE CIR #A PHOENIX AZ 850162146, A, PHOENIX, AZ 85016-2146

Mortgage

Document Number	0000325241
Date	May 4, 2017
Instrument	325241

Lender

Name	GREAT WSTRN BK
Type	Federal Savings Bank
Address	4141 N SCOTTSDALE RD # 101, SCOTTSDALE, AZ 85251-4064

Agreement

Type	Line of Credit
Amount	Amount Recorded

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	Phoenix City
Unified School District	Deer Valley Unified District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$837,651 (+58.33%)	$5,404,200 (-3.25%) Land $903,800 Building $4,500,400
2025	$54,265.00 (-3.11%)	$529,046 (-37.75%)	$5,585,600 (+8.44%) Land $762,300 Building $4,823,300
2024		$849,882	$5,150,800 Land $783,300 Building $4,367,500
2023	$56,004.00

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	Low lower than 64% of the US · lower than 71% of Arizona
Wildfire Likelihood	0.03% annual chance
Exposure	Direct burnable vegetation

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 277 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 150
CenturyLink DSL	140 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: AirFiber WISP, Verizon.

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