$430,892 - $494,000
RENTED MAY 16, 2025

1111 W University Dr Unit 1018 Tempe, AZ 85281

Gililland Neighborhood
2 Beds
2 Baths
1,404 Sq Ft
$333 Price per Sq Ft

Last Sold June 11, 2018

Last sale price $315,000 $224 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,613/month

Highlights

  • Fitness Center
  • Breakfast Bar
  • Central Air
  • Community Pool
  • Patio
  • Wrought Iron Fence

About This Home

As of May 2025

This stunning 2-bedrooms, 2-baths townhome embodies the essence of luxurious modern living. Positioned in a prime location, it boasts remarkable features. The floor-to-ceiling brick wall in the living room adds character and charm, while the sleek concrete flooring and abundant natural light create an inviting atmosphere. The immaculate kitchen is a chef's delight, equipped with stainless steel appliances and glass countertops. A noteworthy loft provides an ideal space for entertaining guests or unwinding with loved ones. One of its most impressive aspects is the generously sized walk-in closet and private ensuite in the primary bedroom, offering a perfect sanctuary to escape the daily stresses and indulge in self-care. With a secondary bedroom downstairs providing back patio access, there's ample space for guests or family members. Additionally, enjoy the convenience of an assigned parking space.

So why wait? Apply today and make this townhome yours. Don't miss out on the opportunity to live in style and luxury. Small dogs are welcome.

Last Agent to Rent the Property

Rhonda Mcfarlin

Rosenbaum Realty Group License #BR046206000 Listed on: 04/23/2025

Last Renter's Agent

Rhonda Mcfarlin

Rosenbaum Realty Group License #BR046206000 Listed on: 04/23/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 2005

Lot Details

  • 901 Sq Ft Lot
  • Wrought Iron Fence

Parking

  • 1 Open Parking Space

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 5/16/25
  • $299 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • $60 Application Fee
  • Tax Lot 1018
  • Assessor Parcel Number 124-61-176-A

Community Details

Overview

  • Property has a Home Owners Association
  • Associa Arizona/Vale Association, Phone Number (480) 892-5222
  • Vale Condominiums Subdivision

Recreation

  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,030

Year Built

Built in 2005

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2025-05-16

Listing Details

  • Cross Street: University Dr & Beck Ave
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Rental Info H O A Name: Associa Arizona/Vale
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Admin Fee: 299.0
  • Initial Move In Costs Application Fee: 60.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: VALE CONDOMINIUMS
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Construction Brick: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 1404.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Brick
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Exterior Features:Patio: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Stacked Washer/Dryer, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Fitness Center
  • Association Name: Associa Arizona/Vale
  • Phone: 480-892-5222
  • Association: Yes
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 901.0
  • Parcel #: 124-61-176-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 1018
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 30, 2018
Sold by
Throckmorton Jacob
Bought by
Ramirez Clarissa and Galeana Jacqueline
Seller's Agent
Michael Marr
Keller Williams Arizona Realty
Buyer's Agent
Michael Marr
Keller Williams Arizona Realty
List Price
$320,000
Sold Price
$315,000
Premium/Discount to List
-$5,000
-1.56%
Current Estimated Value
$466,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,973
Avg. Annual Appreciation
5.48%
Original Mortgage
$283,500
Outstanding Balance
$245,180
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$221,793

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Throckmorton Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
5.7%
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
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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
Ramirez Clarissa $315,000 Landmark Title Assurance Age
Throckmorton Jacob $352,305 --
Beck Marketing Llc $260,396 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Clarissa $283,500
Previous Owner Throckmorton Jacob $228,800
Closed Throckmorton Jacob $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2025 05/16/25 Rented $2,400 0.0% --
05/10/2025 05/10/25 Under Contract -- -- --
04/23/2025 04/23/25 For Rent $2,400 0.0% --
04/26/2024 04/26/24 Rented $2,400 0.0% --
04/24/2024 04/24/24 Under Contract -- -- --
04/03/2024 04/03/24 Price Changed $2,400 -4.0% $2 / Sq Ft
01/26/2024 01/26/24 For Rent $2,500 0.0% --
03/29/2023 03/29/23 Rented $2,500 +16.3% --
03/21/2023 03/21/23 Under Contract -- -- --
03/08/2023 03/08/23 For Rent $2,150 0.0% --
06/11/2018 06/11/18 Sold $315,000 -1.6% $220 / Sq Ft View Prior Sale
04/20/2018 04/20/18 For Sale $320,000 -- $224 / 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 $2,030 $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 $1,720 $18,570 $3,710 $14,860
2018 $1,674 $19,150 $3,830 $15,320
2017 $1,622 $19,000 $3,800 $15,200
2016 $1,614 $18,480 $3,690 $14,790
2015 $1,561 $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: 6856051

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-176A