NOT LISTED FOR SALE

1275 E University Dr Tempe, AZ 85288

Downtown Tempe Neighborhood

Estimated Value: $221,000 - $298,000

3 Beds
-- Bath
1,325 Sq Ft
$196/Sq Ft Est. Value

About This Home

The Fredrick Tempe is a modern community in Tempe, AZ where residents can take advantage of everything the city has to offer. We're located in the heart of Tempe, so you'll be close to all the action. Our luxurious units come complete with high-end finishes and amenities, making your life easier and more comfortable. We offer one, two, and three-bedroom floor plans with spacious bedrooms and large living areas. With our Pet-Friendly living experience, covered parking and curated amenities, The Fredrick Tempe is the obvious choice for your next move! Come experience luxury living at its finest at The Fredrick Tempe! Schedule a tour today.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Pfp Dorsey Investments Llc
Bought by
Fredrick Apts Lllp
Current Estimated Value
$259,500

Purchase Details

Closed on
May 17, 2022
Sold by
Pfp Dorsey Investments Llc
Bought by
Fredrick Apts Lllp

Purchase Details

Closed on
Nov 10, 2018
Sold by
Dorsey Dip Alliance Llc
Bought by
Pfp Dorsey Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,275,000
Interest Rate
4.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fredrick Apts Lllp $47,500,000 First American Title
Fredrick Apts Lllp $47,500,000 First American Title
Pfp Dorsey Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pfp Dorsey Investments Llc $12,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2026 01/04/26 Off Market $999 -- --
08/12/2025 08/12/25 Price Changed $999 -12.4% $1 / Sq Ft
08/12/2025 08/12/25 Price Changed $1,140 -36.7% $1 / Sq Ft
07/31/2025 07/31/25 Price Changed $1,800 0.0% $2 / Sq Ft
05/31/2025 05/31/25 Price Changed $1,800 0.0% $2 / Sq Ft
05/29/2025 05/29/25 Price Changed $1,800 0.0% $2 / Sq Ft
03/20/2025 03/20/25 Price Changed $1,800 -9.3% $2 / Sq Ft
01/29/2025 01/29/25 Price Changed $1,985 0.0% $2 / Sq Ft
07/12/2024 07/12/24 Price Changed $1,985 -1.0% $2 / Sq Ft
07/09/2024 07/09/24 Price Changed $2,005 0.0% $2 / Sq Ft
06/30/2024 06/30/24 Price Changed $2,005 +0.5% $2 / Sq Ft
06/22/2024 06/22/24 Price Changed $1,995 -5.0% $2 / Sq Ft
03/20/2024 03/20/24 Price Changed $2,100 +5.3% $2 / Sq Ft
02/15/2024 02/15/24 Price Changed $1,995 +1.3% $2 / Sq Ft
10/28/2023 10/28/23 Price Changed $1,970 +9.4% $2 / Sq Ft
07/18/2023 07/18/23 Price Changed $1,800 -5.3% $2 / Sq Ft
07/16/2023 07/16/23 Price Changed $1,900 -20.7% $2 / Sq Ft
06/30/2023 06/30/23 Price Changed $2,395 +20.1% $2 / Sq Ft
06/21/2023 06/21/23 For Rent $1,995 0.0% --
03/10/2023 03/10/23 Price Changed $1,995 +11.1% $2 / Sq Ft
11/30/2022 11/30/22 Price Changed $1,795 -14.3% $2 / Sq Ft
11/17/2022 11/17/22 Price Changed $2,095 +6.3% $2 / Sq Ft
09/27/2022 09/27/22 For Rent $1,970 -11.3% --
06/07/2022 06/07/22 Price Changed $2,220 0.0% $2 / Sq Ft
06/07/2022 06/07/22 For Rent $2,220 -- --

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $44 $44 --
2024 -- $58 $58 --
2023 -- $75 $75 --
2022 $0 $75 $75 $0
2021 $0 $75 $75 $0
2020 $0 $75 $75 $0
2019 $0 $75 $75 $0
Source: Public Records

Map

Arizona Maricopa County Tempe 85281 Downtown Tempe

1275 E University Dr, Tempe, AZ

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