$260,000
SOLD AUG 17, 2020

1111 W University Dr Unit 2016 Tempe, AZ 85281

Gililland Neighborhood
2 Beds
2 Baths
1,160 Sq Ft
$270/mo HOA Fee

Recently Sold

$224 Per Sq Ft

9% Below List Price

33 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Two Primary Bathrooms
  • Unit is on the top floor
  • Gated Community
  • Contemporary Architecture

About This Home

As of May 2024

Finally, a 2 Bedroom Unit for under $300k in The Vale! This second-floor condo is part of a beautiful, modern building designed by local and renowned architect, Will Bruder. Enter to real maple hardwood floors, bright with natural light, in-unit laundry, split bedrooms, and an open floor plan. New paint, new washer and dryer and new garbage disposal. This simple and contemporary home is minutes away from Mill Ave, Whole Foods, tons of restaurants, ASU, Sky Harbor Airport, freeways, light rail – it is one of the best locations in Tempe! The home comes with 2 parking spaces plus secure storage in the gated underground garage (nice to have in the hot AZ summer!) and access to the pool and workout room. Schedule a showing today!

Last Agent to Sell the Property

Christopher Altman

Keller Williams Arizona Realty License #BR643720000 Listed on: 06/03/2020

Keller Williams Arizona Realty

Co-Listed By

Joseph Gill

Keller Williams Arizona Realty License #BR678709000

Last Buyer's Agent

Shane Tschida

ZENDOOR License #SA650754000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 2005

Lot Details

  • 1 Common Wall
  • Wrought Iron Fence

HOA Fees

  • $270 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
  • Metal Roof
  • 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

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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, trash, water, roof replacement, maintenance exterior
  • Pmg Services Association, Phone Number (480) 829-7400
  • Built by BECK DEVELOPMENT
  • Vale Condominiums Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,612

Year Built

Built in 2005

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Cross Street: University and Beck
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Will Bruder
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 270.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2019
  • Directions: West on University from 143. Unit is located at the corner of Beck in the Vale Condominiums. Building E is on the Northwest corner of the property.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: kwbp01
  • Co List Office Phone: 602-553-4400
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 270.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Laminate Counters
  • Living Area: 1160.0
  • Stories: 3
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall, Neighbor Below, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Separate Strge Area, Assigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool, Near Light Rail Stop, Near Bus Stop, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association Name: The Vale Condo HOA
  • 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: The Vale Condo HOA
  • 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 Services
  • 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, 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: 1276.0
  • Parcel #: 124-61-194
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: BECK DEVELOPMENT

Tax Info

  • Tax Annual Amount: 1612.0
  • Tax Book Number: 124.00
  • Tax Lot: 2016
  • Tax Map Number: 61.00

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%
Views
77
Current Estimated Value
$392,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,936
Avg. Annual Appreciation
0.48%
Original Mortgage
$310,000
Outstanding Balance
$307,441
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$82,232

Purchase Details

Listed on
Aug 23, 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
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
Warranty Deed $387,500 First American Title Insurance
Warranty Deed $260,000 Old Republic Title Agency
Warranty Deed $210,000 Equity Title Agency Inc
Warranty Deed -- Accommodation
Warranty Deed $155,000 American Title Service Agenc
Special Warranty Deed $292,162 --
Cash Sale Deed $216,509 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 New Conventional
Previous Owner $168,000 New Conventional
Previous Owner $116,250 New Conventional
Previous Owner $281,500 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $277,553 Negative Amortization
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

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 $1,952 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6086332

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-194