98 S River Dr, Tempe, AZ 85288 Property Records

Maricopa County property record for 98 S River Dr, Tempe, AZ 85288

Property Summary

Property Type	Multi-Family Dwellings
Details	382,419 sqft · built 2022
Lot Size	5.56 acres (242,367 sqft)
Owner	Company Name on File
Last Sale	$12,500 (Oct 2021)
Tax Bill	$347,348 (2025)
Deeds & Mortgages	Oct 2026 Mortgage Dec 2025 Mortgage + 1 more
Flood Zone	Zone X (moderate risk)
APN	`132-36-038`

Property Details

APN / Parcel Number

Primary APN	`132-36-038`
Alternative APN	`132360388`

Interior

Stories	4 Stories
Building Area	382,419 sqft Living Area
1st Floor Area	382,419 sqft

Exterior

Year Built	Built 2022
Effective Year Built	Effective 2022
Architectural Style	Multi-Family
Construction Type	Wood
Lot Area	242,367 sqft (5.56 acres)
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Sewer	Municipal

Location & Zoning

Street Address	98 S RIVER DR
City	TEMPE
State	AZ
Zip	85288-0063
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	HID
Legal Description	RIO 2100 EAST MCR 1518-30
Legal Range	4E
Legal Township	1N
Legal Section	13
Legal Subdivision	RIO 2100 EAST
Legal Lot Number	2
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	6
Census Block	6006
Census Tract	318400

Owner

Source: Maricopa County records, as of October 13, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	1209 N ORANGE ST, WILMINGTON, DE 19801-1120
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Oct 7, 2026	Deed of Trust, Mortgage · Conventional Mortgage REAL ESTATE FUND
Dec 4, 2025	Deed of Trust, Mortgage · Unknown KEY BANK NA
Oct 15, 2021	Special Warranty Deed, Construction Loan · Construction Mortgage KEY BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 15, 2021 · Amount on File
Deed Sale	Oct 15, 2021 · Amount on File
Deed Document Number	20211114165
Record Updated	Oct 29, 2026

October 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Recording Date	Oct 7, 2026
Property Address	98 S RIVER DR, TEMPE, AZ 85288-0063
Document Number	0000584087
Instrument Date	Oct 7, 2026
Instrument	2026584087
Transaction Type	Mortgage
Record Updated	Oct 13, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266

Mortgage

Document Number	0000584087,
Date	Oct 7, 2026
Instrument	2026584087

Lender

Name	REAL ESTATE FUND

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

December 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	98 S RIVER DR, TEMPE, AZ 85288-0063
Transaction Type	Mortgage
Record Updated	Dec 18, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2300 N FIELD ST 800, 800, DALLAS, TX 75201-0001

Mortgage

Document Number	0000699365
Date	Dec 4, 2025
Instrument	20250699365

Lender

Name	KEY BANK NA
Type	Bank
Address	PHOENIX, AZ 85004

Agreement

Type	Unknown
Amount	Amount on Record
Due	Oct 15, 2025

October 2021: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Oct 15, 2021
Property Address	98 S RIVER DR, TEMPE, AZ 85288-3741
Document Number	0001114165
Map Reference	MB 1518 PG 30
Instrument Date	Oct 15, 2021
Instrument	20211114165
Transaction Type	Construction Loan
Record Updated	Mar 5, 2024

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2801 E CAMELBACK RD # RD470, RD470, PHOENIX, AZ 85016-4363

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1209 N ORANGE ST, WILMINGTON, DE 19801-1120

Mortgage

Document Number	0001115624
Date	Oct 15, 2021
Instrument	20211115624

Lender

Name	KEY BANK NA
Type	Bank

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	48 Months
Due	Oct 14, 2025

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	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		$5,553,852 (+161.44%)	$80,200,500 (+109.22%) Land $16,040,100 Building $64,160,400
2025	$347,348.00 (+894.35%)	$2,124,294 (-46.45%)	$38,332,728 (-3.37%) Land $7,998,100 Building $30,334,628
2024		$3,966,936	$39,669,363 Land $7,998,100 Building $31,671,263
2023	$34,932.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

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	1 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	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 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 125 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
CenturyLink DSL	140 / 20

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

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