NOT LISTED FOR SALE

1111 W University Dr Unit 1012 Tempe, AZ 85281

Gililland Neighborhood

Estimated Value: $272,598 - $325,000

1 Bed
1 Bath
896 Sq Ft
$242/mo HOA Fee

Last Sold July 28, 2017

Last sale price $175,000 $195 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,915/month

51 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Gated Parking
  • Clubhouse
  • Property is near public transit

About This Home

As of July 2017

An ultra sleek, modern community designed by local Architect Will Bruder – the Vale is one of the most unique properties built in Arizona. This unit features a light, bright contemporary floor plan – one bedroom and one bath with a large great room with access to an entertainer’s dream private patio (300+ SQ. FT.). The large master bedroom has a walk-in closet. The unit includes secure underground parking with an extra storage locker. The Vale is a secure/gated Urban Residential Community ideal for easy walking to Arizona State University, to downtown business and entertainment, and easy drive to Sky Harbor Airport. This is a fresh, innovative and creative approach to modern urban living.

Last Agent to Sell the Property

Polly Mitchell

Polly Mitchell Global Realty License #BR546144000 Listed on: 05/07/2017

Last Buyer's Agent

Anastacia Campa

HomeSmart License #SA662299000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Location

  • Unit is below another unit
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Holdeman Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

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

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 1012
  • Assessor Parcel Number 124-61-170

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • The Management Trust Association, Phone Number (480) 284-5551
  • Built by Beck Development
  • Vale Condominiums Subdivision, Solette A Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,154

Year Built

Built in 2005

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Cross Street: University & Hardy Dr.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 242.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2016
  • Master Model: Solette A
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 195.31
  • Association Fees:HOA Fee2: 242.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 896.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Patio
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above, End Unit
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Separate Strge Area, Side Vehicle Entry, Assigned, Gated
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 242.0
  • Association Fee Frequency: Monthly
  • Association Name: Vale Condominiums
  • Phone: 480-284-5551
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 166.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Vale Condominiums
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: The Management Trust
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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
  • Association Fee Incl:Pest Control: Yes

Fee Information

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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 90.0
  • Parcel #: 124-61-170
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Beck Development

Tax Info

  • Tax Annual Amount: 1154.0
  • Tax Book Number: 124.00
  • Tax Lot: 1012
  • Tax Map Number: 61.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Fountain John A
Bought by
John Alvin Fountain Living Trust and Fountain
Current Estimated Value
$295,400

Purchase Details

Listed on
May 7, 2017
Closed on
Jul 25, 2017
Sold by
Norris Christopher K
Bought by
Fountain John A
Seller's Agent
Polly Mitchell
Polly Mitchell Global Realty
Buyer's Agent
Anastacia Campa
HomeSmart
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
Mar 8, 2013
Closed on
Apr 16, 2013
Sold by
Pang Cyril and Pang Tracy
Bought by
Norris Christopher K
Seller's Agent
Steve Egan
HomeSmart
Buyer's Agent
Polly Mitchell
Polly Mitchell Global Realty
List Price
$162,500
Sold Price
$158,000
Premium/Discount to List
-$4,500
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$120,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Pang Brenda
Bought by
Pang Cyril

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Pang Cyril and Pang Tracy

Purchase Details

Closed on
Apr 25, 2005
Sold by
Beck Developments Llc
Bought by
Beck Marketing Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
John Alvin Fountain Living Trust -- None Listed On Document
Fountain John A $175,000 Premier Title Agency
Norris Christopher K $158,000 Security Title Agency
Pang Cyril -- --
Pang Cyril $211,800 --
Beck Marketing Llc $165,125 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norris Christopher K $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2017 07/28/17 Sold $175,000 -5.4% $195 / Sq Ft
05/25/2017 05/25/17 Price Changed $184,900 -2.2% $206 / Sq Ft
05/07/2017 05/07/17 For Sale $189,000 +19.6% $211 / Sq Ft
04/19/2013 04/19/13 Sold $158,000 -2.8% $176 / Sq Ft View Prior Sale
03/16/2013 03/16/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $162,500 -- $181 / 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 $1,451 $13,922 -- --
2024 $1,332 $13,259 -- --
2023 $1,332 $25,570 $5,110 $20,460
2022 $1,272 $19,100 $3,820 $15,280
2021 $1,297 $17,620 $3,520 $14,100
2020 $1,254 $15,950 $3,190 $12,760
2019 $1,230 $14,100 $2,820 $11,280
2018 $1,197 $14,030 $2,800 $11,230
2017 $1,159 $13,520 $2,700 $10,820
2016 $1,154 $12,810 $2,560 $10,250
2015 $1,116 $11,450 $2,290 $9,160
Source: Public Records

Agents Affiliated with this Home

  • Polly Mitchell

    Seller's Agent in 2017

    Polly Mitchell

    Polly Mitchell Global Realty

    (480) 229-8483

    44 Total Sales

    Polly Mitchell
    Section Image

  • S

    Seller's Agent in 2013

    Steve Egan

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5602018

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-170

Arizona Maricopa County Tempe 85281 Gililland

1111 W University Dr Unit 1012, 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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