1111 W University Dr Unit 2016 Tempe, AZ 85281
Gililland NeighborhoodEstimated Value: $389,000 - $418,000
2
Beds
2
Baths
1,160
Sq Ft
$463/mo
HOA Fee
Highlights
- Fitness Center
- Gated Parking
- Two Primary Bathrooms
- Unit is on the top floor
- Gated Community
- Contemporary Architecture
About This Home
As of May 2024Awesome 2/2 split floor plan in the ''Vale''. This is the building that really started the revitalization of downtown tempe. Will Bruder designed, a nice bright open floor plan, close to campus, close to downtown Tempe. This community is approved for short term rentals for any investors looking for a great spot less than 5 min from the airport and in a truly Awesome centralized location! Easy to show!!
Last Agent to Sell the Property
Gentry Real Estate License #SA569332000 Listed on: 02/17/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,020
Year Built
- Built in 2005
Lot Details
- 1 Common Wall
- Wrought Iron Fence
HOA Fees
- $463 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
- Gated Parking
- Assigned Parking
- Community Parking Structure
Home Design
- Designed by Will Bruder Architects
- Contemporary Architecture
- Wood Frame Construction
- Stucco
Interior Spaces
- 1,160 Sq Ft Home
- 3-Story Property
- Ceiling height of 9 feet or more
Kitchen
- Breakfast Bar
- Built-In Microwave
- Laminate Countertops
Flooring
- Floors Updated in 2023
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom Updated in 2023
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Home Security
Accessible Home Design
- No Interior Steps
Outdoor Features
- Balcony
- Covered patio or porch
Location
- Unit is on the top floor
- 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
Listing and Financial Details
- Tax Lot 2016
- Assessor Parcel Number 124-61-194
Community Details
Overview
- Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, maintenance exterior
- Associa Az Association, Phone Number (480) 892-5222
- Vale Condominiums Subdivision
Recreation
- Fitness Center
- Community Pool
- Community Spa
Security
- Gated Community
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2024
Closed on
May 31, 2024
Sold by
Sksa Family Living Trust and Kotagiri Sanjay
Bought by
Smilovici Edan and Smilovici Oded
Seller's Agent
Joshua Carlson
Gentry Real Estate
Buyer's Agent
Laura Oman
West USA Realty
List Price
$399,000
Sold Price
$387,500
Premium/Discount to List
-$11,500
-2.88%
Total Days on Market
43
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,780
Avg. Annual Appreciation
3.63%
Original Mortgage
$310,000
Outstanding Balance
$307,441
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$94,839
Purchase Details
Listed on
Aug 24, 2020
Closed on
Aug 3, 2020
Sold by
Lee Christopher J
Bought by
Kotagiri Sanjay and Aurangabadkar Shweta
Seller's Agent
Shane Tschida
ZENDOOR
Buyer's Agent
Shane Tschida
ZENDOOR
Sold Price
$1,600
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Purchase Details
Listed on
May 6, 2016
Closed on
Jun 22, 2016
Sold by
Pjaw Llc
Bought by
Lee Christopher J
Seller's Agent
Jane Wazny
Realty Executives
Buyer's Agent
Shinae Byun
DeLex Realty
List Price
$195,000
Sold Price
$210,000
Premium/Discount to List
$15,000
7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$168,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 2009
Sold by
Wazny Philip Michael
Bought by
Pjaw Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2009
Sold by
Contreras Joel Stanley
Bought by
Wazny Philip Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Contreras Joel Stanley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,553
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 25, 2005
Sold by
Beck Developments Llc
Bought by
Beck Marketing Llc
Similar Homes in Tempe, AZ
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smilovici Edan | $387,500 | First American Title Insurance | |
| Kotagiri Sanjay | $260,000 | Old Republic Title Agency | |
| Lee Christopher J | $210,000 | Equity Title Agency Inc | |
| Pjaw Llc | -- | Accommodation | |
| Wazny Philip Michael | $155,000 | American Title Service Agenc | |
| Contreras Joel Stanley | $292,162 | -- | |
| Beck Marketing Llc | $216,509 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smilovici Edan | $310,000 | |
| Previous Owner | Lee Christopher J | $168,000 | |
| Previous Owner | Wazny Philip Michael | $116,250 | |
| Previous Owner | Contreras Joel Stanley | $281,500 | |
| Previous Owner | Contreras Joel S | $50,000 | |
| Previous Owner | Contreras Joel Stanley | $277,553 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | $387,500 | -1.9% | $334 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | Price Changed | $394,900 | -1.0% | $340 / Sq Ft |
| 02/17/2024 02/17/24 | For Sale | $399,000 | 0.0% | $344 / Sq Ft |
| 10/01/2020 10/01/20 | Rented | $1,600 | 0.0% | -- |
| 08/23/2020 08/23/20 | For Rent | $1,600 | 0.0% | -- |
| 08/17/2020 08/17/20 | Sold | $260,000 | -5.5% | $224 / Sq Ft |
| 07/06/2020 07/06/20 | Pending | -- | -- | -- |
| 06/26/2020 06/26/20 | Price Changed | $275,000 | -1.4% | $237 / Sq Ft |
| 06/11/2020 06/11/20 | Price Changed | $279,000 | -2.1% | $241 / Sq Ft |
| 06/03/2020 06/03/20 | For Sale | $285,000 | +35.7% | $246 / Sq Ft |
| 07/20/2016 07/20/16 | Sold | $210,000 | 0.0% | $181 / Sq Ft |
| 05/21/2016 05/21/16 | Pending | -- | -- | -- |
| 05/15/2016 05/15/16 | Pending | -- | -- | -- |
| 05/13/2016 05/13/16 | Price Changed | $210,000 | +2.4% | $181 / Sq Ft |
| 05/09/2016 05/09/16 | Price Changed | $205,000 | +5.1% | $177 / Sq Ft |
| 05/06/2016 05/06/16 | For Sale | $195,000 | 0.0% | $168 / Sq Ft |
| 05/01/2015 05/01/15 | Rented | $1,500 | 0.0% | -- |
| 04/24/2015 04/24/15 | Under Contract | -- | -- | -- |
| 04/15/2015 04/15/15 | For Rent | $1,500 | +11.1% | -- |
| 04/13/2015 04/13/15 | Rented | $1,350 | -15.6% | -- |
| 04/12/2015 04/12/15 | Under Contract | -- | -- | -- |
| 03/29/2015 03/29/15 | For Rent | $1,600 | +33.3% | -- |
| 06/02/2012 06/02/12 | Rented | $1,200 | 0.0% | -- |
| 05/12/2012 05/12/12 | Under Contract | -- | -- | -- |
| 05/01/2012 05/01/12 | For Rent | $1,200 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,952 | $18,249 | -- | -- |
| 2024 | $2,020 | $17,380 | -- | -- |
| 2023 | $2,020 | $26,730 | $5,340 | $21,390 |
| 2022 | $1,937 | $23,170 | $4,630 | $18,540 |
| 2021 | $1,951 | $21,080 | $4,210 | $16,870 |
| 2020 | $1,644 | $19,260 | $3,850 | $15,410 |
| 2019 | $1,612 | $17,580 | $3,510 | $14,070 |
| 2018 | $1,569 | $17,930 | $3,580 | $14,350 |
| 2017 | $1,520 | $17,610 | $3,520 | $14,090 |
| 2016 | $1,743 | $17,460 | $3,490 | $13,970 |
| 2015 | $1,674 | $15,560 | $3,110 | $12,450 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Carlson
Seller's Agent in 2024
Joshua Carlson
Gentry Real Estate
(480) 695-4841
1 in this area
76 Total Sales
-
Laura Oman
Buyer's Agent in 2024
Laura Oman
West USA Realty
(480) 688-6356
1 in this area
44 Total Sales
-
Christopher Altman
Seller's Agent in 2020
Christopher Altman
Keller Williams Arizona Realty
(602) 819-7877
1 in this area
47 Total Sales
-
Shane Tschida
Seller's Agent in 2020
Shane Tschida
ZENDOOR
(602) 571-0796
1 in this area
29 Total Sales
-
Joseph Gill
Seller Co-Listing Agent in 2020
Joseph Gill
Keller Williams Arizona Realty
(602) 777-1113
1 in this area
56 Total Sales
-
J
Seller's Agent in 2016
Jane Wazny
Realty Executives
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6665415
APN: 124-61-194
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.
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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