NOT LISTED FOR SALE

1111 W University Dr Unit 1014 Tempe, AZ 85281

Gililland Neighborhood

Estimated Value: $364,366 - $433,000

1 Bed
2 Baths
1,137 Sq Ft
$270/mo HOA Fee

Last Sold June 30, 2021

Last sale price $320,000 $281 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,479/month

6 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • End Unit
  • Gated Parking
  • Contemporary Architecture
  • Corner Lot

About This Home

As of June 2021

Finally! the Live/Work unit you've been waiting for. Architect Will Burder's The Vale. Post-modern colors juxtapose industrial elements, an ode to Le Corbusier. Staggered windows and grand arches mimic create an interior cityscape. Mature blue agave, mesquite, and palo verde line the courtyard. Walk to Yatai ramen located on-site at the Vale, or take a short walk to Hardy Dr for Harlow's Cafe, Cornish Party, or Cafe Lalibela. This is a community unlike any in Tempe. HOA allows daily rentals! AIRBNB! 1 bedroom plus an office with 2 full bathrooms provide the flexibility to use the office space as a bedroom with the addition of an armoire. 1 underground gated parking space and additional private storage come with the Unit. Large private patio - you will live outside in the winter.

Last Agent to Sell the Property

Austin Harmes

Metro Realty License #SA661636000 Listed on: 05/14/2021

Last Buyer's Agent

Lauren Rosin

eXp Realty License #BR558852000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Two or More Common Walls
  • Desert faces the front and back of the property

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Designed by Will Bruder FAIA Architects
  • Contemporary Architecture
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,137 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Location

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

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 1014
  • Assessor Parcel Number 124-61-172

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Pmg Association, Phone Number (480) 829-7400
  • Vale Condominiums Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,533

Year Built

Built in 2005

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Cross Street: University and Priest
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Architect Architect: Will Bruder FAIA
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 270.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: East on University to property on the right. 2hr parking adjacent to university.
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 270.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 9+ Flat Ceilings, Furnished(See Rmrks), No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1137.0
  • Stories: 3
  • Window Features: Solar Screens, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Other
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Above, End Unit
  • Construction Type: Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Garage Door Opener, Separate Strge Area, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool, Near Bus Stop, Fitness Center
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association Name: Vale Condominiums
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Vale Condominiums
  • Association Fees:HOA Telephone4: 480-829-7400
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 540.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PMG
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard 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, Maintenance Grounds, 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: 120.0
  • Parcel #: 124-61-172

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1533.0
  • Tax Book Number: 124.00
  • Tax Lot: 1014
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 23, 2021
Sold by
Harmes Austin
Bought by
Contreras Ernest
Seller's Agent
Austin Harmes
Metro Realty
Buyer's Agent
Lauren Rosin
eXp Realty
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$392,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,342
Avg. Annual Appreciation
4.68%
Original Mortgage
$304,000
Outstanding Balance
$278,805
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$109,456

Purchase Details

Listed on
Apr 5, 2020
Closed on
May 21, 2020
Sold by
Jarson Scott A and Jarson Debbie S
Bought by
Harmes Austin
Seller's Agent
Scott Jarson
AZArchitecture/Jarson & Jarson
Buyer's Agent
Austin Harmes
Metro Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.98%
Original Mortgage
$247,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2009
Sold by
M & I Marshall & Ilsley Bank
Bought by
Swift Bruce G

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Jarson Scott A and Jarson Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

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

Range of Values:

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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
Contreras Ernest $320,000 Gold Title Agency
Harmes Austin $260,000 Grand Canyon Title Agency
Swift Bruce G $55,000 Title Security Agency Of Pin
Jarson Scott A $266,214 --
Beck Marketing Llc $220,532 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Ernest $304,000
Previous Owner Harmes Austin $247,000
Previous Owner Jarson Scott A $157,500
Previous Owner Jarson Scott A $173,000
Closed Jarson Scott A $66,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $320,000 0.0% $281 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $320,000 +23.1% $281 / Sq Ft
05/28/2020 05/28/20 Sold $260,000 -1.9% $229 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $265,000 -- $233 / 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 $1,649 $17,026 -- --
2024 $1,629 $16,216 -- --
2023 $1,629 $29,510 $5,900 $23,610
2022 $1,555 $22,360 $4,470 $17,890
2021 $1,586 $20,510 $4,100 $16,410
2020 $1,533 $18,810 $3,760 $15,050
2019 $1,504 $16,800 $3,360 $13,440
2018 $1,463 $16,820 $3,360 $13,460
2017 $1,418 $16,420 $3,280 $13,140
2016 $1,411 $16,010 $3,200 $12,810
2015 $1,365 $13,600 $2,720 $10,880
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Austin Harmes

    Metro Realty

    Section Image
  • Lauren Rosin

    Buyer's Agent in 2021

    Lauren Rosin

    eXp Realty

    (480) 744-4604

    3 in this area

    820 Total Sales

    Lauren Rosin
    Section Image

  • D

    Buyer Co-Listing Agent in 2021

    Devon De Jesus

    Unknown Office Name: none

    Section Image
  • Scott Jarson

    Seller's Agent in 2020

    Scott Jarson

    AZArchitecture/Jarson & Jarson

    (480) 254-7510

    1 in this area

    128 Total Sales

    Scott Jarson
    Section Image
  • Debbie Jarson

    Seller Co-Listing Agent in 2020

    Debbie Jarson

    AZArchitecture/Jarson & Jarson

    (480) 254-7511

    1 in this area

    41 Total Sales

    Debbie Jarson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6235953

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-172

Arizona Maricopa County Tempe 85281 Gililland

1111 W University Dr Unit 1014, Tempe, AZ

This home is located at 1111 W University Dr Unit 1014, Tempe, AZ 85281 since 14 May 2021 and is currently estimated at $392,342, approximately $345 per square foot. This property was built in 2005. 1111 W University Dr Unit 1014 is a home located in Maricopa County with nearby schools including Geneva Epps Mosley Middle School, Tempe High School, and New School for the Arts & Academics.

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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