NOT LISTED FOR SALE

1111 E University Dr Unit 120 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $208,000 - $223,000

1 Bed
1 Bath
631 Sq Ft
1981 Built

Last Sold January 10, 2022

Last sale price $225,000 $357 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,233/month

Highlights

  • Fitness Center
  • Property is near public transit
  • Eat-In Kitchen
  • Clubhouse
  • Community Pool
  • Patio

About This Home

As of August 2024

Location, Location, Location- One Bedroom, One Bathroom Tempe Condo with Community Pool! Located Just East of ASU Main Campus in the Heart of Tempe- Shopping, Dining, Entertainment with Quick Access to Public Transport and Loop 101 & 202 Freeways and Beyond! **Water/Sewer/Trash Included in HOA** First Floor Unit Located Just Down from Community Pool with Spacious Living Room, Patio with Storage, Dining Area, Galley Style Kitchen with Refrigerator Included, Inside Laundry with Stacked Washer/Dryer (Included As-Is), Private Bedroom with Walk-In Closet and the list goes on! Let this unit speak for itself! $150 Tenant Set Up,1% Monthly Admin Fee.

Last Agent to Rent the Property

Alex C.

Red Hawk Realty License #SA578913000 Listed on: 07/19/2024

Co-Listed By

Gerald Centner

Red Hawk Realty License #BR540392000

Last Renter's Agent

Evan Rogers

HomeSmart License #SA682559000

HomeSmart

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1981

Lot Details

  • Wrought Iron Fence

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 631 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Location

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

Schools

  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 7/19/24
  • $150 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 120
  • Assessor Parcel Number 132-73-206

Community Details

Overview

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

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,049

Year Built

Built in 1981

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2024-07-19

Listing Details

  • Cross Street: University and Rural
  • 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: 1981
  • Rental Info H O A Name: Tempe Villa Condo
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Admin Fee: 150.0
  • Initial Move In Costs Application Fee: 49.95
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: reha001
  • Co List Office Phone: 480-396-9766
  • Subdivision Name: TEMPE VILLA CONDOMINIUMS
  • Property Attached Yn: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 631.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Storage
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: Unassigned, Assigned
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other, Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Clubhouse, Fitness Center
  • Association Name: Tempe Villa Condo
  • Phone: 480-844-2224
  • Association: Yes
  • Pets Allowed: No

Schools

  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size Sq Ft: 62.0
  • Parcel #: 132-73-206

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 132.00
  • Tax Lot: 120
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2022
Sold by
Urban Edge Llc
Bought by
Sterlamar Holdings Llc
Current Estimated Value
$218,888

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 6, 2022
Sold by
Mane Pranil
Bought by
Urban Edge Llc
Seller's Agent
Robert Clarfield
ARRT of Real Estate
Buyer's Agent
Gerald Centner
Red Hawk Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.72%

Purchase Details

Closed on
Feb 26, 2018
Sold by
Steiner Marvin P and Steiner Eva L
Bought by
Mane Pranil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Cullins Douglas R
Bought by
Steiner Marvin P and Steiner Eva Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1998
Sold by
Mikulak John P and Mikulak Christine R
Bought by
Cullins Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,600
Interest Rate
6.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sterlamar Holdings Llc -- --
Urban Edge Llc $225,000 First American Title Ins Co
Mane Pranil $125,000 Clear Title Agency Of Arizon
Steiner Marvin P $126,000 The Talon Group Ocotillo
Cullins Douglas R $43,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mane Pranil $93,750
Previous Owner Steiner Marvin P $100,800
Previous Owner Cullins Douglas R $32,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2024 08/07/24 Rented $1,195 0.0% --
07/31/2024 07/31/24 Under Contract -- -- --
07/20/2024 07/20/24 For Rent $1,195 +9.1% --
04/01/2024 04/01/24 Rented $1,095 0.0% --
03/15/2024 03/15/24 Under Contract -- -- --
02/08/2024 02/08/24 For Rent $1,095 0.0% --
02/05/2024 02/05/24 Off Market $1,095 -- --
01/10/2024 01/10/24 Price Changed $1,095 -8.4% $2 / Sq Ft
11/29/2023 11/29/23 Price Changed $1,195 -7.7% $2 / Sq Ft
11/06/2023 11/06/23 Price Changed $1,295 -7.2% $2 / Sq Ft
10/07/2023 10/07/23 For Rent $1,395 0.0% --
08/18/2022 08/18/22 Rented $1,395 0.0% --
08/12/2022 08/12/22 Under Contract -- -- --
08/05/2022 08/05/22 For Rent $1,395 0.0% --
01/10/2022 01/10/22 Sold $225,000 0.0% $357 / Sq Ft View Prior Sale
12/30/2021 12/30/21 Pending -- -- --
12/29/2021 12/29/21 For Sale $225,000 0.0% $357 / Sq Ft
12/29/2021 12/29/21 Price Changed $225,000 -6.3% $357 / Sq Ft
12/27/2021 12/27/21 Price Changed $240,000 0.0% $380 / Sq Ft
12/21/2021 12/21/21 Price Changed $240,000 0.0% $380 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $240,000 0.0% $380 / Sq Ft
06/15/2018 06/15/18 Rented $1 -99.9% --
06/11/2018 06/11/18 Under Contract -- -- --
05/20/2018 05/20/18 For Rent $900 0.0% --
05/18/2018 05/18/18 Off Market $900 -- --
05/09/2018 05/09/18 Sold $125,000 -2.0% $198 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Price Changed $127,500 0.0% $202 / Sq Ft
02/27/2018 02/27/18 For Sale $127,500 +2.0% $202 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
12/31/2017 12/31/17 Off Market $125,000 -- --
11/01/2017 11/01/17 For Sale $127,500 0.0% $202 / Sq Ft
02/15/2014 02/15/14 Rented $625 -3.8% --
02/14/2014 02/14/14 Under Contract -- -- --
12/27/2013 12/27/13 For Rent $650 -- --
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 $1,049 $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 $803 $6,900 $1,380 $5,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6733727

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-206