NOT LISTED FOR SALE

1101 W University Dr Unit 2002 Tempe, AZ 85281

Gililland Neighborhood

Estimated Value: $243,998 - $310,000

1 Bed
1 Bath
615 Sq Ft
436 Sq Ft Lot

Highlights

  • Heated Spa
  • Clubhouse
  • Property is near public transit
  • Gated Community
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of October 2015

The Vale is one of the most unique properties built in Arizona! Designed by renowned architect Will Bruder, this modern architectural masterpiece has already been photographed by significant architectural and design magazines. Available for lease is one of only a small handful of one bedroom, one bathroom 2 story Lofts that includes vaulted ceilings, a large patio, washer and dryer, stainless steel refrigerator, microwave, dishwasher... and beautiful modern architectural features. New wood flooring installation, new paint, etc. Looks fresh & new! Covered parking included. Cool Smart home features like Nest Thermostat, wi-fi enabled lighting/fan included! Community includes a pool, jacuzzi spa and gym and is very close to ASU, Starbucks and the vibrant Mill Avenue District.

Last Agent to Rent the Property

Tom Tokoph

Urban Realty & Development, LLC License #BR114305000 Listed on: 10/13/2015

Last Renter's Agent

Tom Tokoph

Urban Realty & Development, LLC License #BR114305000 Listed on: 10/13/2015

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 2005

Lot Details

  • 436

Home Design

  • Loft
  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 615 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Stacked Washer and Dryer

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Heated Spa
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Scales Technology Academy Elementary School
  • Mckemy Middle School
  • Tempe Academy Of International Studies Mckemy High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 10/15/15
  • Rent includes water, sewer, pool service - full, garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot 2002
  • Assessor Parcel Number 124-61-181

Community Details

Overview

  • Property has a Home Owners Association
  • Management Trust Association, Phone Number (480) 284-5551
  • Built by Wespac
  • Vale Condominiums Subdivision, Studio Loft Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,138

Year Built

Built in 2005

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Pool Service - Full, Garbage Collection
  • Available Date: 2015-10-15

Listing Details

  • Cross Street: University & Mill Avenue
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Rental Info Floor Number: 2
  • Rental Info H O A Name: Management Trust
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Lease Term Minimum Lease Term Months: 12
  • Directions: University Drive West approximately 3/4 mile to property on South side of road. It is located between Hardy & Beck on South Side.
  • Master Model: Studio Loft
  • Attribution Contact: 602-549-9000
  • Property Sub Type: Loft Style
  • Lot Size Acres: 0.01
  • Subdivision Name: Vale Condominiums
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Builder
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry:Stacked WasherDryer: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile, Wood
  • Furnished: Unfurnished
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Fire Sprinklers, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 615.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Other, See Remarks
  • Exterior Features: Patio
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Other, See Remarks, Painted, Siding, Block, Frame - Wood
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Stacked Washer/Dryer, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Pool, Clubhouse
  • Association Name: Management Trust
  • Phone: 480-284-5551
  • Association: Yes

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Lot Size Sq Ft: 432.0
  • Parcel #: 124-61-181
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Wespac

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 2002
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2005
Sold by
Beck Developments Llc
Bought by
Beck Marketing Llc
Current Estimated Value
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,238
Outstanding Balance
$55,835
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
$220,622

Purchase Details

Closed on
Apr 24, 2005
Sold by
Tokoph Alicia
Bought by
Tokoph Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,238
Outstanding Balance
$55,835
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
$220,622
Source: Public Records

Range of Values:

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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
Beck Marketing Llc $119,045 --
Tokoph Thomas J -- --
Tokoph Thomas J $142,985 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Marketing Llc $107,238
Closed Tokoph Thomas J $107,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2015 10/24/15 Rented $1,095 0.0% --
10/24/2015 10/24/15 Under Contract -- -- --
10/12/2015 10/12/15 For Rent $1,095 0.0% --
10/01/2014 10/01/14 Rented $1,095 -0.5% --
09/27/2014 09/27/14 Under Contract -- -- --
08/09/2014 08/09/14 For Rent $1,100 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,138 $10,159 -- --
2024 $1,124 $9,676 -- --
2023 $1,124 $18,080 $3,610 $14,470
2022 $1,078 $14,570 $2,910 $11,660
2021 $1,086 $12,550 $2,510 $10,040
2020 $1,053 $12,320 $2,460 $9,860
2019 $1,033 $11,010 $2,200 $8,810
2018 $1,007 $10,930 $2,180 $8,750
2017 $977 $10,330 $2,060 $8,270
2016 $971 $9,610 $1,920 $7,690
2015 $932 $8,470 $1,690 $6,780
Source: Public Records

Agents Affiliated with this Home

  • Tom Tokoph

    Landlord's Agent in 2015

    Tom Tokoph

    Urban Realty & Development, LLC

    (480) 829-1000

    1 in this area

    28 Total Sales

    Tom Tokoph
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5347837

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-181

Arizona Maricopa County Tempe 85281 Gililland

1101 W University Dr Unit 2002, Tempe, AZ

This home is located at 1101 W University Dr Unit 2002, Tempe, AZ 85281 since 13 October 2015 and is currently priced at $270,000. This property was built in 2005. 1101 W University Dr Unit 2002 is a home located in Maricopa County with nearby schools including Geneva Epps Mosley Middle School, Tempe High School, and Noor Academy of Arizona.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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