NOT LISTED FOR SALE

1111 E University Dr Unit 201 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $204,000 - $227,000

1 Bed
1 Bath
631 Sq Ft
1981 Built

Last Sold October 05, 2018

Last sale price $124,000 $197 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,200/month

Highlights

  • Fitness Center
  • Property is near public transit and bus stop
  • Double Pane Windows
  • Clubhouse
  • Community Pool
  • Breakfast Bar

About This Home

As of May 2023

Walking to ASU campus! Fully furnished one bedroom, one bath unit (furniture can be removed or sold to tenant). Kitchen comes with refrigerator. Laundry is in units and comes with washer and dryer in unit. There is one assigned covered parking for each unit in the complex. The community features pool, spa, workout facility, and clubhouse.

Last Agent to Rent the Property

Thomas Wang

Golden Bull Realty LLC License #BR652976000 Listed on: 03/20/2023

Last Renter's Agent

Thomas Wang

Golden Bull Realty LLC License #BR652976000 Listed on: 03/20/2023

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 631 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Breakfast Bar

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 Carport Space
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Property is near public transit and bus stop

Listing and Financial Details

  • Property Available on 3/20/23
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot 201
  • Assessor Parcel Number 132-73-231

Community Details

Overview

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

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2023-03-20

Listing Details

  • Cross Street: Rural and University
  • 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: 1981
  • Rental Info H O A Name: TEMPE VILLA
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.8
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: TEMPE VILLA CONDOMINIUMS
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: 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, Breakfast Bar, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 631.0
  • Stories: 2
  • Window Features: Dual Pane
  • 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: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: 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 Spa, Community Pool, Near Light Rail Stop, Near Bus Stop, Clubhouse, Fitness Center
  • Association Name: TEMPE VILLA
  • Phone: 480-844-2224
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size Sq Ft: 62.0
  • Parcel #: 132-73-231

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 132.00
  • Tax Lot: 201
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Oct 2, 2018
Sold by
Ibbetson Ronald L and Ibbetson Ronald L
Bought by
Cao Idaho Aca
Seller's Agent
Quest Wolfe
My Home Group Real Estate
Buyer's Agent
Tom Daniel
Barrett Real Estate
List Price
$127,000
Sold Price
$124,000
Premium/Discount to List
-$3,000
-2.36%
Current Estimated Value
$213,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,889
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Aug 24, 2015
Sold by
Ibbetson Ronald L
Bought by
Livi Ronald L Ibbetson and Jane Ibbetson Livi C

Purchase Details

Closed on
Aug 3, 2005
Sold by
Ibbetson Clara Jane
Bought by
Ibbetson Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,400
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
Sold by
Elton Dustin L
Bought by
Ibbetson Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,400
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1996
Sold by
Elton Jennifer
Bought by
Elton Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,392
Interest Rate
7.91%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cao Idaho Aca $124,000 Clear Title Agency Of Arizon
Livi Ronald L Ibbetson -- None Available
Ibbetson Ronald L -- Grand Canyon Title Agency In
Ibbetson Ronald L $120,500 Grand Canyon Title Agency In
Elton Dustin -- First Freedom Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibbetson Ronald L $96,400
Previous Owner Elton Dustin $5,392
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2023 05/20/23 Rented $1,150 0.0% --
04/21/2023 04/21/23 Under Contract -- -- --
04/18/2023 04/18/23 Price Changed $1,150 -4.2% $2 / Sq Ft
04/05/2023 04/05/23 Price Changed $1,200 -4.0% $2 / Sq Ft
03/20/2023 03/20/23 For Rent $1,250 0.0% --
10/05/2018 10/05/18 Sold $124,000 -2.4% $197 / Sq Ft View Prior Sale
09/14/2018 09/14/18 For Sale $127,000 0.0% $201 / Sq Ft
02/13/2016 02/13/16 Rented $695 0.0% --
01/27/2016 01/27/16 For Rent $695 +4.5% --
02/01/2014 02/01/14 Rented $665 0.0% --
01/27/2014 01/27/14 Under Contract -- -- --
01/17/2014 01/17/14 For Rent $665 +11.8% --
03/27/2012 03/27/12 Rented $595 0.0% --
03/26/2012 03/26/12 Under Contract -- -- --
03/07/2012 03/07/12 For Rent $595 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $14,380 $2,870 $11,510
2022 $929 $11,470 $2,290 $9,180
2021 $935 $10,600 $2,120 $8,480
2020 $907 $9,830 $1,960 $7,870
2019 $890 $9,550 $1,910 $7,640
2018 $867 $8,020 $1,600 $6,420
2017 $842 $6,920 $1,380 $5,540
2016 $836 $6,700 $1,340 $5,360
2015 $803 $6,530 $1,300 $5,230
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2023

    Thomas Wang

    Golden Bull Realty LLC

    (480) 620-5328

    1 in this area

    26 Total Sales

    Thomas Wang
    Section Image
  • Quest Wolfe

    Seller's Agent in 2018

    Quest Wolfe

    My Home Group Real Estate

    (480) 695-9576

    7 Total Sales

    Quest Wolfe
    Section Image
  • Tom Daniel

    Buyer's Agent in 2018

    Tom Daniel

    Barrett Real Estate

    (602) 369-0169

    54 Total Sales

    Tom Daniel
    Section Image

  • G

    Seller's Agent in 2016

    Glen Schneider

    Reiss Realty

    Section Image

  • K

    Buyer's Agent in 2012

    Kristin Schwartz

    Metro Realty Professionals

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6533614

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-231

Arizona Maricopa County Tempe 85281 Downtown Tempe

1111 E University Dr Unit 201, Tempe, AZ

Not Listed for Sale

Condos

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.