$480,000
SOLD MAY 2, 2022

1111 W University Dr Unit 1017 Tempe, AZ 85281

Gililland Neighborhood
2 Beds
2 Baths
1,404 Sq Ft
$297/mo HOA Fee

Recently Sold

$342 Per Sq Ft

7% Above List Price

2 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Contemporary Architecture
  • Heated Community Pool
  • Double Pane Windows

About This Home

As of May 2022

Incredible location near ASU! Modern loft-style condo being offered fully furnished. MOVE IN READY! 2 Beds, 2 Baths high ceiling condo with Bonus Loft! The Vale is Tempe's most iconic community designed by world-famous architect Will Bruder. Upgraded unit with stainless steel appliances, new fans, huge ceilings, and oversized private patio. Each bedroom has its own walk in closet and private bath. Loft can be used for game room, office, or additional room space. This secure gated community includes a pool, spa, gym, 2 assigned underground parking spaces, and unit storage. Incredible location, minutes to the airport. Less than 1 mile to ASU, light rail, Mill Ave, Whole Foods, downtown Tempe, Tempe Town Lake, A Mountain, restaurants, and so much more.

Last Agent to Sell the Property

Michelle Mazzola

SERHANT. License #SA550762000 Listed on: 03/31/2022

Last Buyer's Agent

Joel Contreras

HomeSmart License #SA556817000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 2005

Lot Details

  • 90 Sq Ft Lot
  • Wrought Iron Fence

HOA Fees

  • $297 Monthly HOA Fees

Home Design

  • Designed by Will Bruder Architects
  • Contemporary Architecture
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1017
  • Assessor Parcel Number 124-61-175-A

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, ground maintenance, front yard maint, roof replacement, maintenance exterior
  • Pmg Association, Phone Number (480) 829-7400
  • Built by Beck Development
  • Vale Condominiums Subdivision, Will Bruder Architec Floorplan

Recreation

  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,814

Year Built

Built in 2005

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Cross Street: University & Hardy
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Architect Architect: Will Bruder
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 297.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: From University & Hardy, go West. Make U-turn and park near second building from Beck Avenue. Use the door by Second building from Beck (gate code) and go straight to building F Unit 1017
  • Master Model: Will Bruder Architec
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 297.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): 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: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Master Downstairs, Upstairs, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1404.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Storage
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool
  • Association Fee: 297.0
  • Association Fee Frequency: Monthly
  • Association Name: PMG
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PMG
  • Association Fees:HOA Telephone4: 480-829-7400
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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:Pest Control: Yes

Fee Information

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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 90.0
  • Parcel #: 124-61-175-A

Building Info

  • Builder Name: Beck Development

Tax Info

  • Tax Annual Amount: 1814.0
  • Tax Book Number: 124.00
  • Tax Lot: 1017
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 8, 2020
Sold by
Toralba Miguel Mendia
Bought by
Toralba Margarita
Seller's Agent
Heather Cates
Citiea
Buyer's Agent
Michelle Mazzola
SERHANT.
List Price
$309,999
Sold Price
$284,000
Premium/Discount to List
-$25,999
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$269,800
Outstanding Balance
$240,644
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$235,022

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 4, 2020
Sold by
Borbon Luis
Bought by
Toralba Miguel and Toralba Margarita
Seller's Agent
Heather Cates
Citiea
Buyer's Agent
Michelle Mazzola
SERHANT.
List Price
$309,999
Sold Price
$284,000
Premium/Discount to List
-$25,999
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,800
Outstanding Balance
$240,644
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$235,022

Purchase Details

Closed on
Nov 19, 2014
Sold by
Borbon Luis Alberto and Borbon Claudia
Bought by
Labs Rental Homes Llc and Land Trust

Purchase Details

Listed on
Aug 2, 2012
Closed on
Dec 27, 2012
Sold by
Fannie Mae
Bought by
Bordon Luis Alberto and Borbon Claudia
Seller's Agent
Justin Green
OfferPad Brokerage, LLC
Buyer's Agent
Juan Pesqueira
Attorneys Realty
List Price
$218,900
Sold Price
$169,250
Premium/Discount to List
-$49,650
-22.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Jul 20, 2012
Sold by
Hassert Christopher Joseph
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Hassert Christopher Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,247
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity Natl Ttl Agcy Inc
Warranty Deed $284,000 Fidelity Natl Ttl Agcy Inc
Deed -- None Available
Cash Sale Deed $169,250 North American Title Company
Trustee Deed $251,605 Great American Title Agency
Special Warranty Deed $350,308 --
Cash Sale Deed $260,396 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,213 Credit Line Revolving
Open $269,800 New Conventional
Previous Owner $280,247 New Conventional
Closed $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $499,000 +4.0% $355 / Sq Ft
05/02/2022 05/02/22 Sold $480,000 +6.7% $342 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $450,000 +58.5% $321 / Sq Ft
06/08/2020 06/08/20 Sold $284,000 -8.4% $202 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $309,999 +83.2% $221 / Sq Ft
12/31/2012 12/31/12 Sold $169,250 -3.2% $121 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
11/06/2012 11/06/12 Price Changed $174,900 -5.4% $125 / Sq Ft
10/05/2012 10/05/12 Price Changed $184,900 -7.5% $132 / Sq Ft
09/05/2012 09/05/12 Price Changed $199,900 -8.7% $142 / Sq Ft
08/02/2012 08/02/12 For Sale $218,900 -- $156 / 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 $1,886 $19,472 -- --
2024 $1,863 $18,545 -- --
2023 $1,863 $32,670 $6,530 $26,140
2022 $1,779 $24,450 $4,890 $19,560
2021 $1,814 $24,210 $4,840 $19,370
2020 $1,754 $22,900 $4,580 $18,320
2019 $1,980 $18,570 $3,710 $14,860
2018 $1,931 $19,150 $3,830 $15,320
2017 $1,873 $19,000 $3,800 $15,200
2016 $1,860 $18,480 $3,690 $14,790
2015 $1,787 $15,680 $3,130 $12,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6376289

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-175A