$424,000
SOLD SEP 16, 2022

1111 W University Dr Unit 2019 Tempe, AZ 85281

Gililland Neighborhood
2 Beds
2 Baths
1,160 Sq Ft
$297/mo HOA Fee

Recently Sold

$366 Per Sq Ft

8% Below List Price

40 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Covered patio or porch
  • Gated Community
  • Heated Community Pool
  • Balcony

About This Home

As of September 2022

Incredible location near ASU! Modern loft-style condo. Unit 2019 uniquely is the only detached and free-standing unit with no neighbors above or below and no shared walls. 2 Beds, 2 Baths split floor plan. The Vale is Tempe's most iconic community designed by world-famous architect Will Bruder. Upgraded unit with stainless steel appliances, huge ceilings, and oversized private patio. Each bedroom has its own walk in closet and private bath. 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: 07/09/2022

Last Buyer's Agent

Pamela Torgrimson

RETSY License #BR662242000

RETSY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 2005

HOA Fees

  • $297 Monthly HOA Fees

Home Design

  • Loft
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,160 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Open Parking Spaces
  • Assigned Parking
  • Community Parking Structure

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Storage

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 2019
  • Assessor Parcel Number 124-61-197

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, trash, water, roof replacement
  • Associa Arizona Association, Phone Number (480) 892-5222
  • Built by Beck Development
  • Vale Condominiums Subdivision, Will Bruder Architec Floorplan

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,700

Year Built

Built in 2005

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Cross Street: University & Hardy
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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 G Unit 2019
  • Master Model: Will Bruder Architec
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: Vale Condominiums
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 297.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Double Vanity, High Speed Internet, Laminate Counters
  • Living Area: 1160.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Storage
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • 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 Htd, Community Pool, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 297.0
  • Association Fee Frequency: Monthly
  • Association Name: Associa Arizona
  • Phone: 480-892-5222
  • 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: Associa Arizona
  • Association Fees:HOA Telephone4: 480-892-5222
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 594.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: 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
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement

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: 1280.0
  • Parcel #: 124-61-197
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Beck Development

Tax Info

  • Tax Annual Amount: 1700.0
  • Tax Book Number: 124.00
  • Tax Lot: 2019
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Sep 8, 2022
Sold by
Miguel Toralba
Bought by
Davis Shalimar
Seller's Agent
Michelle Mazzola
SERHANT.
Buyer's Agent
Pamela Torgrimson
RETSY
List Price
$460,000
Sold Price
$424,000
Premium/Discount to List
-$36,000
-7.83%
Views
31
Current Estimated Value
$415,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,894
Avg. Annual Appreciation
-0.86%
Original Mortgage
$381,600
Outstanding Balance
$366,435
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$47,206

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 9, 2018
Sold by
Johnson Stephen P and Gasbarre Thomas M
Bought by
Toralba Miguel
Seller's Agent
Aaron Carter
HomeSmart
Buyer's Agent
Michelle Mazzola
SERHANT.
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%
Original Mortgage
$223,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Johnson Stephen P and Gasbarre Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,073
Interest Rate
5.11%
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
Warranty Deed $424,000 Fidelity National Title
Warranty Deed $235,000 Fidelity National Title Agen
Special Warranty Deed $278,841 --
Cash Sale Deed $216,509 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,600 New Conventional
Previous Owner $223,250 New Conventional
Previous Owner $223,250 New Conventional
Previous Owner $227,500 Unknown
Previous Owner $223,073 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $424,000 -2.3% $366 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $434,000 -0.2% $374 / Sq Ft
07/28/2022 07/28/22 Price Changed $435,000 -3.1% $375 / Sq Ft
07/15/2022 07/15/22 Price Changed $449,000 -2.4% $387 / Sq Ft
07/09/2022 07/09/22 For Sale $460,000 +95.7% $397 / Sq Ft
08/15/2018 08/15/18 Sold $235,000 -4.1% $203 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $245,000 -- $211 / 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 $1,930 $18,249 -- --
2024 $1,746 $17,380 -- --
2023 $1,746 $27,260 $5,450 $21,810
2022 $1,667 $23,720 $4,740 $18,980
2021 $1,700 $21,670 $4,330 $17,340
2020 $1,644 $19,680 $3,930 $15,750
2019 $1,612 $17,860 $3,570 $14,290
2018 $1,810 $18,270 $3,650 $14,620
2017 $1,756 $17,970 $3,590 $14,380
2016 $1,743 $18,200 $3,640 $14,560
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: 6431618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-197