NOT LISTED FOR SALE

1101 W University Dr Unit 2005 Tempe, AZ 85281

Gililland Neighborhood

Estimated Value: $279,011 - $304,000

1 Bed
1 Bath
863 Sq Ft
$334/Sq Ft Est. Value

Highlights

  • Unit is on the top floor
  • No HOA
  • Ceiling Fan
  • Vaulted Ceiling
  • Central Air
  • Stacked Washer and Dryer

About This Home

As of December 2022

NO PETS ARE PERMITTED. This property owner does not participate in Section 8 housing programs. Lease start date must be within 10 days of application approval if vacant property. $100 non-refundable administration fee due at time of deposit. An additional 4% monthly administration fee is added to all rental payments. On-time rental payments are required to be made through on-line payment center to avoid payment processing fee of $15. Must have 2 years of verifiable present and/or past landlord history other than friends/family. Roommates are allowed in our properties, however more landlord history may be required especially for those properties around the ASU area rented by roommates.

Last Agent to Rent the Property

Jeanine Watson

PRS Property Management License #BR545675000 Listed on: 11/15/2022

Last Renter's Agent

Jeanine Watson

PRS Property Management License #BR545675000 Listed on: 11/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 2005

Lot Details

  • 72 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Open Parking Space

Home Design

  • Property Attached
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 863 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Laminate Flooring
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Location

  • Unit is on the top floor

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy Campus High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 11/15/22
  • $100 Move-In Fee
  • 12-Month Minimum Lease Term
  • Tax Lot 2005
  • Assessor Parcel Number 124-61-184

Community Details

Overview

  • No Home Owners Association
  • Vale Condominiums Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,433

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Available Date: 2022-11-15

Listing Details

  • Cross Street: University/Hardy
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 4.0
  • Initial Move In Costs Admin Fee: 100.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: West from Hardy: Complex on Southside of street
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Subdivision Name: VALE CONDOMINIUMS
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Upstairs, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 863.0
  • Stories: 2
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Stucco, Wood Frame
  • Roof: Foam

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Stacked Washer/Dryer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy Campus
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size Sq Ft: 72.0
  • Parcel #: 124-61-184

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 2005
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2005
Sold by
Jones Edward M
Bought by
Johnson Lisa K
Total Days on Market
30
Current Estimated Value
$288,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,240
Outstanding Balance
$100,765
Interest Rate
5.37%
Mortgage Type
Unknown
Estimated Equity
$193,123

Purchase Details

Closed on
Apr 25, 2005
Sold by
Beck Developments Llc
Bought by
Beck Marketing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,240
Outstanding Balance
$100,765
Interest Rate
5.37%
Mortgage Type
Unknown
Estimated Equity
$193,123
Source: Public Records

Range of Values:

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Average Value
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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
Johnson Lisa K -- --
Johnson Lisa K $242,800 --
Context Development Llc $209,437 --
Beck Marketing Llc $170,912 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Context Development Llc $194,240
Closed Johnson Lisa K $194,240
Closed Beck Marketing Llc $194,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Rented $1,495 0.0% --
11/15/2022 11/15/22 For Rent $1,495 +30.0% --
08/01/2016 08/01/16 Rented $1,150 0.0% --
07/18/2016 07/18/16 Price Changed $1,150 -4.2% $1 / Sq Ft
06/30/2016 06/30/16 Price Changed $1,200 -4.0% $1 / Sq Ft
06/09/2016 06/09/16 For Rent $1,250 -- --
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 $1,433 $12,793 -- --
2024 $1,416 $12,184 -- --
2023 $1,416 $21,060 $4,210 $16,850
2022 $1,358 $17,910 $3,580 $14,330
2021 $1,367 $16,360 $3,270 $13,090
2020 $1,326 $14,680 $2,930 $11,750
2019 $1,301 $13,280 $2,650 $10,630
2018 $1,269 $13,350 $2,670 $10,680
2017 $1,231 $12,830 $2,560 $10,270
2016 $1,222 $11,920 $2,380 $9,540
2015 $1,025 $10,620 $2,120 $8,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6489566

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-184