$387,500
SOLD MAY 31, 2024

1111 W University Dr Unit 2016 Tempe, AZ 85281

Gililland Neighborhood
2 Beds
2 Baths
1,160 Sq Ft
$463/mo HOA Fee

Recently Sold

$334 Per Sq Ft

3% Below List Price

43 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

Awesome 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

Joshua Carlson

Gentry Real Estate License #SA569332000 Listed on: 02/17/2024

Gentry Real Estate

Last Buyer's Agent

Laura Oman

West USA Realty License #SA629719000

West USA Realty

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

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

  • Central Air
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,020

Year Built

Built in 2005

Lot Details

0

HOA Fees

$463 per month

Parking

2

Listing Details

  • Cross Street: University and Priest
  • 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: 463.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2023
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2023
  • Directions: Priest and University: Go east from Priest and building will be on the south side of the road. You can park in front of the building on university or around the east side parking lot.
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 463.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: 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: Vinyl, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, 2 Master Baths, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1160.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: None
  • Common Walls: 1 Common Wall, Neighbor Below, Neighbor Above
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other
  • 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: Gated, Garage Door Opener, Separate Strge Area, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • 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
  • Heating: Electric
  • Security: Fire Sprinkler System
  • 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 Light Rail Stop, Near Bus Stop, Fitness Center
  • Association Fee: 463.0
  • Association Fee Frequency: Monthly
  • Association Name: The Vale Condominium
  • Phone: 480-892-5222
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Vale Condominium
  • Association Fees:HOA Telephone4: 480-892-5222
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 926.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Associa AZ
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: 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, 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: 127.0
  • Parcel #: 124-61-194

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2020.0
  • 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

Similar Homes in Tempe, AZ

  • 945 E Playa Del Norte Dr Unit 1022, Tempe, AZ 85281

    $449,900

    • 2 Beds
    • 2 Baths
    • 1,208 Sq Ft
    • 945 E Playa Del Norte Dr
    • Unit 1022
    • Tempe, AZ

    Welcome to this Modern Resort Style condo on Tempe Town Lake! This 2 bedroom 2 bathroom split layout with upgrades throughout comes with all appliances move in ready!! The kitchen boasts granite countertops, stainless steel appliances, and a peninsula breakfast bar. Enjoy the sunrises and sunsets on your private balcony and the exterior fireplace in the winter months! Jog along the boardwalk or

    Beth Rider Keller Williams Arizona Realty

    Section Image
  • 5200 S Lakeshore Dr Unit 120, Tempe, AZ 85283

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,589 Sq Ft
    • 5200 S Lakeshore Dr
    • Unit 120
    • Tempe, AZ

    Welcome to Tempe's amazing Lakes community! This gated 2 bed, 2 bath first floor condo in Harbour Village is very spacious and features a split floorplan! It has a 2-car detached garage, a wood burning fireplace, spacious living room, formal dining area and an eat-in-kitchen. Enjoy lake views around the community. The Lakes community center offers year-round swimming, hot tub, pickleball courts,

    Howard Rudin West USA Realty

    Section Image
  • 5200 S Lakeshore Dr Unit 206, Tempe, AZ 85283

    $399,000

    • 2 Beds
    • 2 Baths
    • 1,206 Sq Ft
    • 5200 S Lakeshore Dr
    • Unit 206
    • Tempe, AZ

    2 bed/2 bath/1206sqft condo + 2 Car Garage in Harbour Village. Spacious, split floor plan with a large living room and a full unit-wide covered balcony! Harbour Village is a Gated, Waterfront condominium complex with lush landscaping, pool and spa. Recently approved Capital Improvements to Harbour Village will begin soon and the one-time assessment has been paid in full by the current owners.

    Daniel Birk Fathom Realty Elite

    Section Image
  • 1111 W University Dr Unit 1017, Tempe, AZ 85281

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 1111 W University Dr
    • Unit 1017
    • Tempe, AZ

    Highly upgraded/ remodeled Modern Loft by notable Phoenix Designer in the famed Will Bruder Vale community. 2 bedrooms and baths and a Loft flex space. This is one of the coolest Lofts in Tempe! Features soaring vaulted ceilings, new tile flooring throughout, new designer lighting and fixtures throughout, brand new kitchen with walnut cabinets and a black Smeg refrigerator, new appliances. New

    Joel Contreras HomeSmart

    Section Image
  • 616 S Hardy Dr Unit 146, Tempe, AZ 85281

    $310,000

    • 2 Beds
    • 2 Baths
    • 779 Sq Ft
    • 616 S Hardy Dr
    • Unit 146
    • Tempe, AZ

    Fully Remodeled 2 bedroom/2bath Condo Near ASU - Turnkey Investment or Dream Residence!Welcome to your perfect condo in the heart of Tempe! This beautifully fully remodeled unit is move-in ready and packed with upgrades. Featuring brand-new cabinetry, granite countertops, modern tile flooring, all new dual pane Low E windows and new stainless steel appliances, every detail has been

    Rui Barros HomeSmart

    Section Image
  • 420 W 1st St Unit 217, Tempe, AZ 85281

    $449,000

    • 2 Beds
    • 2 Baths
    • 1,055 Sq Ft
    • 420 W 1st St
    • Unit 217
    • Tempe, AZ

    Welcome to urban living at its finest at 420 West 1st Street, Unit 217, Tempe, AZ. This delightful 2-bedroom, 2-bathroom condo spans 1,055 sq ft, offering a harmonious blend of comfort and style. High ceilings and tile floors create an inviting ambiance in the living area, perfect for relaxation or entertaining. The modern kitchen features a breakfast bar and refrigerator, catering to all your

    Lisa Marvel Tull Compass

    Section Image
  • 435 W Rio Salado Pkwy Unit 210, Tempe, AZ 85281

    $425,000

    • 1 Bed
    • 1 Bath
    • 1,035 Sq Ft
    • 435 W Rio Salado Pkwy
    • Unit 210
    • Tempe, AZ

    Spacious condo all on 1 level except for laundry room basement which has direct entry from garage* No interior steps once you enter the living area* New A/C in 2023 w/10 year parts warranty & lifetime warranty on compressor* Dual-pane windows* Newer luxury vinyl floors* New light fixtures & ceiling fans* Open kitchen with big breakfast bar* Washer, dryer, refrig incl* Private covered patio with

    Kelly Hundelt Realty Executives Arizona Territory

    Section Image
  • 21 E 6th St Unit 311, Tempe, AZ 85281

    $409,000

    • 1 Bed
    • 1 Bath
    • 882 Sq Ft
    • 21 E 6th St
    • Unit 311
    • Tempe, AZ

    Truly one of a kind, 1 Bed, 1 Bath, 882 s.f., 11ft Ceilings, loft style exposed ductwork! Here is a rare opportunity for any future urban dweller. This Loft at the Orchidhouse boasts amazing views and great SUNLIGHT from its expansive 3rd floor windows. Customizations galore!! Wood floors, custom painting, custom cut art glass, built-ins, stainless steel, and exposed brick walls. Recently

    Tom Tokoph Urban Realty & Development, LLC

    Section Image
  • 120 E Rio Salado Pkwy Unit 201, Tempe, AZ 85281

    $460,000

    • 1 Bed
    • 1 Bath
    • 1,264 Sq Ft
    • 120 E Rio Salado Pkwy
    • Unit 201
    • Tempe, AZ

    Experience Tempe Town Lake living to it's finest! This beautiful condo has everything you need with a gourmet kitchen and appliances including refrigerator, gas cooktop/oven, DW. Also includes W/D, fireplace, prewired for surround sound and an extra storage room in the garage! This is the largest one bedroom floorplan available in Edgewater with a large patio offer stunning views of Tempe Town

    Diana Watson HomeSmart

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6665415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-194