NOT LISTED FOR SALE

1111 E University Dr Unit 218 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $202,000 - $228,000

1 Bed
1 Bath
631 Sq Ft
1981 Built

Last Sold June 20, 2019

Last sale price $138,000 $219 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,218/month

Highlights

  • Granite Countertops
  • Covered Patio or Porch
  • Central Air
  • Community Pool
  • Tile Flooring
  • Heating Available

About This Home

As of August 2019

These rental condo's do not come on the market often and located in a prime area, just a 5 minute walk to ASU, right on University Drive. End unit, all tile except master bedroom, granite counters in kitchen and stainless steel appliances. Remodeled shower and newer vanity. Large Balcony overlooks common area and is secluded. Close by is the community pool, clubhouse, workout room. Walk to restaurants, nightlife, shopping and downtown Tempe.

Last Agent to Rent the Property

I. Jay Bernstein

Evolve Realty, LLC Brokerage Email: info@evolverealty.com License #BR105076000 Listed on: 07/23/2019

Last Renter's Agent

I. Jay Bernstein

Evolve Realty, LLC Brokerage Email: info@evolverealty.com License #BR105076000 Listed on: 07/23/2019

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Parking

  • Assigned Parking

Home Design

  • 631 Sq Ft Home

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Cecil Shamley Elementary School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Granite Countertops
  • Covered Patio or Porch

Listing and Financial Details

  • Property Available on 7/23/19
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Tempe Villas Association
  • Tempe Villa Condo Lot 101 144 201 244 Subdivision

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Available Date: 2019-07-23

Listing Details

  • Cross Street: RURAL & UNIVERSITY
  • Property Type: Residential Lease
  • Year Built: 1981
  • Rental Info H O A Name: Tempe Villas
  • Initial Move In Costs Addtl Move In Fees: 1245.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: TEMPE VILLA CONDO LOT 101-144 201-244
  • Property Attached Yn: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Total Bedrooms: 1
  • Interior Amenities: Granite Counters, Pantry
  • Living Area: 631.0
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Patio And Porch Features: Covered Patio(s), Patio
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Tempe Villas

Schools

  • Elementary School: Cecil Shamley School
  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size Sq Ft: 61.0

Building Info

  • Builder Name: unknown

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2019
Closed on
Jun 13, 2019
Sold by
Baker Nicholas A
Bought by
Wilson Sean and Wilson Tava
Seller's Agent
I. Jay Bernstein
Evolve Realty, LLC
Buyer's Agent
I. Jay Bernstein
Evolve Realty, LLC
List Price
$139,900
Sold Price
$138,000
Premium/Discount to List
-$1,900
-1.36%
Current Estimated Value
$217,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,861
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Jan 31, 2013
Sold by
Baker Nicholas A and Baker Stephen
Bought by
Baker Nicholas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
Homesales Inc
Bought by
Baker Nicholas A and Baker Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Baker Sandy
Bought by
Baker Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2007
Sold by
Winer Richard I and Chase Bank Usa Na
Bought by
Homesales Inc

Purchase Details

Closed on
Dec 1, 2006
Sold by
Winer Colleen
Bought by
Winer Richard I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
9.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2006
Sold by
Filibuster Llc
Bought by
Winer Richard L

Purchase Details

Closed on
Apr 3, 2006
Sold by
Krog Harlan Dale and Krog Anne
Bought by
Filibuster Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wilson Sean $138,000 Wfg National Title Ins Co
Baker Nicholas A -- Lsi Title
Baker Nicholas A $100,000 First American Title Ins Co
Baker Stephen -- First American Title Ins Co
Homesales Inc $102,000 Accommodation
Winer Richard I -- Guaranty Title Agency
Winer Richard L -- Guaranty Title Agency
Filibuster Llc $125,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Nicholas A $77,500
Previous Owner Baker Nicholas A $80,000
Previous Owner Winer Richard I $116,100
Previous Owner Filibuster Llc $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2019 08/17/19 Rented $995 0.0% --
07/23/2019 07/23/19 For Rent $995 0.0% --
06/20/2019 06/20/19 Sold $138,000 -1.4% $219 / Sq Ft View Prior Sale
05/29/2019 05/29/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $139,900 -- $222 / Sq Ft
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 $14,660 $2,930 $11,730
2022 $929 $11,750 $2,350 $9,400
2021 $935 $10,900 $2,180 $8,720
2020 $907 $10,060 $2,010 $8,050
2019 $890 $9,700 $1,940 $7,760
2018 $752 $8,170 $1,630 $6,540
2017 $729 $7,070 $1,410 $5,660
2016 $725 $6,970 $1,390 $5,580
2015 $701 $6,900 $1,380 $5,520
Source: Public Records

Agents Affiliated with this Home

  • I. Jay Bernstein

    Landlord's Agent in 2019

    I. Jay Bernstein

    Evolve Realty, LLC

    (602) 315-6945

    1 in this area

    31 Total Sales

    I. Jay Bernstein
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5955714

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-248

Arizona Maricopa County Tempe 85281 Downtown Tempe

1111 E University Dr Unit 218, 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

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