$220,000
SOLD SEP 27, 2024

1111 E University Dr Unit 242 Tempe, AZ 85281

Downtown Tempe Neighborhood
1 Bed
1 Bath
631 Sq Ft
$225/mo HOA Fee

Recently Sold

$349 Per Sq Ft

12% Below List Price

123 Days on Market

Highlights

  • Community Pool
  • Eat-In Kitchen
  • Outdoor Storage
  • Balcony
  • Property is near a bus stop
  • Central Air

About This Home

As of September 2024

This is a one-bedroom condo in a great Tempe location. It is freshly painted in neutral colors and ready to move in. The complex has a covered parking spot, pool, and clubhouse to enjoy. Why rent for years when you can own a unit and enjoy the appreciation? Only a few come available in this complex. Appliances are included, and there is even laundry in the unit. Easy access to ASU and downtown Tempe.

Last Agent to Sell the Property

Doug McVinua

Blue Sky Living, LLC License #BR512549000 Listed on: 05/11/2024

Last Buyer's Agent

Doug McVinua

RE/MAX Achievers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $968

Year Built

  • Built in 1981

Lot Details

  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 631 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Laminate Countertops

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Cecil Shamley Elementary And Middle School
  • Mcclintock High School

Utilities

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

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 132-73-272

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Tempe Villa Condo Association, Phone Number (480) 844-2224
  • Tempe Villa Condominiums Subdivision, Condo Floorplan

Amenities

  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$968

Year Built

Built in 1981

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Cross Street: University and Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 225.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2023
  • Directions: East on University to the 2nd (East) entrance to Tempe Villa. Parking spots on the left as soon as you exit the street. The building is the far NE building.
  • Master Model: Condo
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: TEMPE VILLA CONDOMINIUMS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 225.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 631.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Storage
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air
  • Heating: Electric
  • 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 Bus Stop
  • Association Fee: 225.0
  • 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 DisclosureAddendum Affirmation: Yes
  • 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:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 450.0
  • Association Fees:Disclosure Fees HOA: 225.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Homewise Doc Fee
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 616.0
  • Parcel #: 132-73-272

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 968.0
  • Tax Book Number: 132.00
  • Tax Lot: 242
  • Tax Map Number: 73.00

Similar Homes in the area

  • 700 W University Dr Unit F203, Tempe, AZ 85281

    $240,000

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 700 W University Dr
    • Unit F203
    • Tempe, AZ

    Welcome to your new home in the heart of Tempe! This rarely available 2-bedroom, 1-bath upstairs unit is nestled in the Scene One Condominiums, a well-maintained community known for its proximity to everything Tempe has to offer. Just half a mile from Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife, this location offers

    Josiah Miller West USA Realty

    Section Image
  • 540 N May Unit 1102C, Mesa, AZ 85201

    $280,000

    • 2 Beds
    • 2 Baths
    • 1,031 Sq Ft
    • 540 N May
    • Unit 1102C
    • Mesa, AZ

    This rare ground-floor, end-unit condo features a split floorplan with 2 bedrooms and 2 bathrooms. It includes an indoor laundry area, ample storage space, and a large patio with two additional storage closets. The unit is conveniently located near the community pool, recreation center, and sports court. The complex offers several pools, a variety of amenities, and walking paths

    Brian Duncan Barrett Real Estate

    Section Image
  • 1111 E University Dr Unit 224, Tempe, AZ 85281

    $232,000

    • 1 Bed
    • 1 Bath
    • 631 Sq Ft
    • 1111 E University Dr
    • Unit 224
    • Tempe, AZ

    This beautifully updated condo is the perfect blend of style and convenience! Featuring fresh paint, wood-look tile flooring throughout, granite countertops, and brand-new stainless steel range and microwave. The kitchen also includes a stainless steel refrigerator and in-unit washer/dryer for added ease. Enjoy your own private balcony, covered parking, and generous storage space. Located just

    Lisa Dixon HomeSmart

    Section Image
  • 1125 E Broadway Rd Unit 122, Tempe, AZ 85282

    $199,990

    • 1 Bed
    • 1 Bath
    • 617 Sq Ft
    • 1125 E Broadway Rd
    • Unit 122
    • Tempe, AZ

    Welcome to this beautifully maintained 1-bedroom, 1-bathroom ground-floor condo tucked away in the quietest part of the Rialto Condominium community. Located at the back of the complex—far from the bustle of Broadway Road—this home offers peace, privacy, and comfort in the heart of Tempe. Enjoy a brand new Air Conditioner and Brand new carpet in the bedroom. Unit is very close to ASU and Light

    Jeff Christian Weichert, Realtors - Courtney Valleywide

    Section Image
  • 1125 E Broadway Rd Unit 102, Tempe, AZ 85282

    $187,000

    • 1 Bed
    • 1 Bath
    • 617 Sq Ft
    • 1125 E Broadway Rd
    • Unit 102
    • Tempe, AZ

    Fantastic, super clean 1 bedroom, 1 bath Condo close to ASU, shopping, dining, sporting events and not far from Asian District Mesa AZ! Kitchen and bathroom feature granite countertops. The unit includes stacked washer and dryer! Kitchen has stainless appliances & the eating area is defined by an elegant coffered ceiling. Flooring throughout is beautiful and durable light-colored wood-look

    Connie Burnett Bold Realty LLC

    Section Image
  • 1905 E University Dr Unit L157, Tempe, AZ 85288

    $272,500

    • 2 Beds
    • 2 Baths
    • 934 Sq Ft
    • 1905 E University Dr
    • Unit L157
    • Tempe, AZ

    Nicely maintained 2 bedroom 2 bath unit. This is a split floor plan close to ASU, Loop 101, 202, light rail, Tempe Town Lakes and Tempe Market Place. Complex shows lush green landscaping with 2 community pools & spas. This unit is nestled in the back of the complex. Tile throughout this unit for easy cleaning. This is a ground floor unit. You will also see a private courtyard with storage

    Michael Ashley FDR Real Estate

    Section Image
  • 700 E Mesquite Cir Unit J135, Tempe, AZ 85288

    $249,000

    • 1 Bed
    • 1 Bath
    • 804 Sq Ft
    • 700 E Mesquite Cir
    • Unit J135
    • Tempe, AZ

    Beautiful sparkling clean unit in the center of vibrant Tempe- steps to Tempe Town Lake and boat launch (kayaking anyone?) across street from Papago Park, which has a great off-leash dog area less than a block away, steps to bus to ASU campus, walk or bike to all the happenings. Recent new LVP flooring, light and bright, private location in the community. Short hop to the zoo and airport,

    Victoria Noreide Berkshire Hathaway HomeServices Arizona Properties

    Section Image
  • 151 E Broadway Rd Unit 103, Tempe, AZ 85282

    $274,900

    • 2 Beds
    • 2 Baths
    • 1,088 Sq Ft
    • 151 E Broadway Rd
    • Unit 103
    • Tempe, AZ

    This house comes w/a REDUCED RATE as low as 6.125% (APR 6.463%) as of 07/29/2025 through List & Lock'' -LOCATION, LOCATION! Just Minutes from ASU-Ideal for Students, Grad Students, Visiting Professors, or Even Savvy Investors! This Well-Maintained 2Bd/2Ba Ground-Level Condo Features a Functional Layout & Newer Stacked Washer/Dryer Inside the Unit!Tucked just a Few Steps Down from the Parking

    Kea Carota Realty ONE Group

    Section Image
  • 151 E Broadway Rd Unit BR210, Tempe, AZ 85282

    $274,900

    • 2 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 151 E Broadway Rd
    • Unit BR210
    • Tempe, AZ

    2 Bed, 2 Bath Second-Floor Unit in Broadway Terrace, Tempe This unit features granite countertops and upgraded bathrooms. It's within walking distance to ASU, Mill Avenue shops and restaurants,and grocery stores. Convenient access to the Metro Orbit for trips to Tempe Marketplace and Tempe Town Lake. The kitchen includes granite countertops, an oven/stove, dishwasher, and built-in microwave.

    Jennifer Jenq HomeSmart

    Section Image
See All Homes in Tempe

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $220,000 -4.3% $349 / Sq Ft
09/06/2024 09/06/24 Price Changed $230,000 -2.1% $365 / Sq Ft
07/20/2024 07/20/24 Price Changed $235,000 -2.1% $372 / Sq Ft
07/03/2024 07/03/24 Price Changed $240,000 -2.0% $380 / Sq Ft
05/31/2024 05/31/24 Price Changed $245,000 -2.0% $388 / Sq Ft
05/12/2024 05/12/24 For Sale $250,000 +222.6% $396 / Sq Ft
12/06/2013 12/06/13 Sold $77,500 -8.3% $123 / Sq Ft
12/05/2013 12/05/13 Price Changed $84,500 0.0% $134 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $84,500 0.0% $134 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
08/01/2013 08/01/13 Price Changed $84,500 -6.0% $134 / Sq Ft
06/30/2013 06/30/13 For Sale $89,900 -- $142 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug McVinua

    Seller's Agent in 2024

    Doug McVinua

    Blue Sky Living, LLC

    (602) 751-7577

    1 in this area

    35 Total Sales

    Section Image
  • Bruno Arapovic

    Seller's Agent in 2013

    Bruno Arapovic

    HomeSmart

    (602) 471-3952

    1,353 Total Sales

    Section Image
  • Annette Holmes

    Buyer's Agent in 2013

    Annette Holmes

    SERHANT.

    (602) 625-5519

    157 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6704492

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Tempe 85281 Downtown Tempe

1111 E University Dr Unit 242, Tempe, AZ

This home is located at 1111 E University Dr Unit 242, Tempe, AZ 85281 and is currently priced at $220,000, approximately $348 per square foot. This property was built in 1981. 1111 E University Dr Unit 242 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

Nearby Homes