NOT LISTED FOR SALE

1111 E University Dr Unit 114 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $207,000 - $231,000

1 Bed
1 Bath
631 Sq Ft
1981 Built

Last Sold January 29, 2016

Last sale price $103,000 $163 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,291/month

64 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Covered patio or porch
  • Heated Spa
  • Property is near public transit
  • Eat-In Kitchen

About This Home

As of January 2016

Fantastic ground level, move in ready Condo in the heart of Tempe. This super clean 1 BD/1BA unit offers a beautifully tiled great room and dining area. Kitchen includes white appliances, breakfast bar and plenty of cabinet/counter space. Very spacious bedroom boasts plush carpeting a built in desk alcove, window blinds and walk-in closet. Additional features include an inside stacked laundry, ceiling fans and covered patio. Beautifully maintained grounds feature a recreation room with work-out facility, heated pool/spa and on site manager. Condo is in a great location close to light rail, ASU, shopping, dining and more. To show is to sell.

Last Agent to Sell the Property

David Bick

My Home Group Real Estate License #SA645602000 Listed on: 11/13/2015

My Home Group Real Estate

Last Buyer's Agent

Grant Grether

Barrett Real Estate License #SA548558000

Barrett Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $701

Year Built

  • Built in 1981

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 631 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Spa
  • Heated Pool

Location

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

Schools

  • Cecil Shamley Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Grass Covered Lot

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 132-73-200

Community Details

Overview

  • Property has a Home Owners Association
  • Tri City Association, Phone Number (480) 844-2224
  • Tempe Villa Condominiums Subdivision

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$701

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Rural & University
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 155.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2015
  • Directions: East from Rural on University to Tempe Villas on the south side of University. Unit on west side of Building 5.
  • Property Sub Type: Apartment Style/Flat
  • Subdivision Name: Tempe Villa Condominiums
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 155.0
  • Dining Area:Breakfast Bar: 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, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, No Interior Steps, Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 631.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Grass Front
  • Pool Features: Community, Heated, None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): 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, Inside, Stacked Washer/Dryer, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Community Media Room, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Tempe Villa Condo
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tempe Villa Condo
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri City
  • Association Fees:HOA Management Phone: 480-844-2224
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62.0
  • Parcel #: 132-73-200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 701.0
  • Tax Book Number: 132.00
  • Tax Lot: 114
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Meyer Lloyd W
Bought by
Meyer Lloyd W and Larson Janet
Current Estimated Value
$221,626

Purchase Details

Closed on
Jul 21, 2016
Sold by
Larson Janet
Bought by
Meyer Lloyd W

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jan 27, 2016
Sold by
Clark Aaron M
Bought by
Larson Janet and Meyer Lloyd W
Seller's Agent
David Bick
My Home Group Real Estate
Buyer's Agent
Grant Grether
Barrett Real Estate
List Price
$110,000
Sold Price
$103,000
Premium/Discount to List
-$7,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Aug 4, 2009
Sold by
Ballard Mark A and Ballard Louise L
Bought by
Clark Aaron M

Purchase Details

Closed on
Aug 4, 2005
Sold by
Ballard Mark A and Ballard Louise L
Bought by
Ballard Mark A and Ballard Louise L

Purchase Details

Closed on
Jun 7, 2004
Sold by
Howland Jeffrey M and Whittinghill Howland Jan M
Bought by
Ballard Mark

Purchase Details

Closed on
Mar 16, 1999
Sold by
Hineman Phillip D and Trust #6
Bought by
Howland Jeffrey M and Whitinghill Howland Jan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 18, 1996
Sold by
Hineman Phillip D
Bought by
Hineman Phillip D and Trust #6
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
Meyer Lloyd W -- None Listed On Document
Meyer Lloyd W -- None Available
Larson Janet $103,000 Title365 Agency
Clark Aaron M $87,900 Lawyers Title Of Arizona Inc
Ballard Mark A -- --
Ballard Mark A -- --
Ballard Mark $64,500 Security Title Agency
Howland Jeffrey M $44,000 Fidelity Title
Hineman Phillip D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Aaron M $60,000
Previous Owner Howland Jeffrey M $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $103,000 -1.8% $163 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
12/28/2015 12/28/15 Price Changed $104,900 -4.6% $166 / Sq Ft
11/13/2015 11/13/15 For Sale $110,000 -- $174 / Sq Ft
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 $920 $8,749 -- --
2024 $968 $8,332 -- --
2023 $968 $14,930 $2,980 $11,950
2022 $929 $11,860 $2,370 $9,490
2021 $935 $11,130 $2,220 $8,910
2020 $907 $10,280 $2,050 $8,230
2019 $890 $9,700 $1,940 $7,760
2018 $867 $8,170 $1,630 $6,540
2017 $842 $7,070 $1,410 $5,660
2016 $836 $6,970 $1,390 $5,580
2015 $701 $6,900 $1,380 $5,520
Source: Public Records

Agents Affiliated with this Home

  • David Bick

    Seller's Agent in 2016

    David Bick

    My Home Group

    (602) 448-8191

    44 Total Sales

    Section Image
  • Grant Grether

    Buyer's Agent in 2016

    Grant Grether

    Barrett Real Estate

    (602) 628-6689

    69 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5362439

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-200

Arizona Maricopa County Tempe 85281 Downtown Tempe

1111 E University Dr Unit 114, Tempe, AZ

This home is located at 1111 E University Dr Unit 114, Tempe, AZ 85281 since 13 November 2015 and is currently estimated at $221,626, approximately $351 per square foot. This property was built in 1981. 1111 E University Dr Unit 114 is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary School.

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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