NOT LISTED FOR SALE

1111 W University Dr Unit 2026 Tempe, AZ 85281

Gililland Neighborhood

Estimated Value: $295,985 - $313,000

1 Bed
1 Bath
864 Sq Ft
$386/mo HOA Fee

Last Sold November 15, 2023

Last sale price $313,000 $362 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,090/month

7 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Vaulted Ceiling
  • Gated Parking
  • Contemporary Architecture
  • Furnished

About This Home

As of November 2023

Welcome to this beautiful 1 bedroom, 1 bathroom modern loft style condominium in the highly sought after gated Tempe community of Vale Condominiums. The Vale is Tempe's most iconic community designed by world-famous architect Will Bruder. The upgraded unit boasts maple kitchen and bathroom cabinetry, stainless steel appliances, modern ceiling fans, 12 foot vaulted ceilings, an expansive great room, oversized master bedroom and large private patio. This secure gated community includes a pool, spa, gym, and assigned underground parking. All this in close proximity to the Arizona State University campus, Tempe Town Lake, Phoenix Sky Harbor Airport, a wide variety of shopping, grocery stores, entertainment and dining options, and quick freeway access. Welcome to your next Home Sweet Home!

Last Agent to Sell the Property

Rick Harris

Fathom Realty Elite License #SA547401000 Listed on: 10/08/2023

Fathom Realty Elite

Last Buyer's Agent

Kathryn Drake

LPT Realty, LLC License #SA698031000

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 2005

Lot Details

  • No Common Walls
  • Front Yard Sprinklers

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Community Parking Structure

Home Design

  • Designed by Will Bruder Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 2026
  • Assessor Parcel Number 124-61-202

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Associa Az Association, Phone Number (480) 892-5222
  • Built by Beck Development
  • Vale Condominiums Subdivision, Carriage Solette Floorplan

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,428

Year Built

Built in 2005

Lot Details

0

HOA Fees

$386 per month

Parking

1

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: 386.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2022
  • Directions: East on University to 1111 W. University Dr on South side of road.
  • Master Model: Carriage Solette
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 386.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, Furnished(See Rmrks), No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 864.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Other
  • Exterior Features: Balcony
  • Lot Features: Sprinklers In Front, Alley
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Garage Door Opener, Separate Strge Area, Community Structure
  • Attached Garage: No
  • Garage Spaces: 1.0
  • 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, 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, Near Bus Stop, Fitness Center
  • Association Fee: 386.0
  • Association Fee Frequency: Monthly
  • Association Name: Vale Condominiums
  • Phone: 480-892-5222
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Vale Condominiums
  • Association Fees:HOA Telephone4: 480-892-5222
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 772.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Associa AZ
  • Association Fees:HOA Management Phone: 480-892-5222
  • Association Fee Incl:Front Yard Maint: Yes
  • 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, Front Yard Maint, 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: 948.0
  • Parcel #: 124-61-202

Building Info

  • Builder Name: Beck Development

Tax Info

  • Tax Annual Amount: 1428.0
  • Tax Book Number: 124.00
  • Tax Lot: 2026
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Nov 15, 2023
Sold by
Rea Arcangelo M
Bought by
1111 University Llc
Seller's Agent
Rick Harris
Fathom Realty Elite
Buyer's Agent
Kathryn Drake
LPT Realty, LLC
List Price
$335,000
Sold Price
$313,000
Premium/Discount to List
-$22,000
-6.57%
Views
149
Current Estimated Value
$301,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,004
Avg. Annual Appreciation
-1.92%
Original Mortgage
$186,000
Outstanding Balance
$183,108
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$118,888

Purchase Details

Listed on
Feb 8, 2022
Closed on
May 3, 2022
Sold by
Rea Arcangelo M
Bought by
1111 University Llc
Seller's Agent
Paul Grzenia
Real Broker
Buyer's Agent
Rick Harris
Fathom Realty Elite
List Price
$285,000
Sold Price
$307,000
Premium/Discount to List
$22,000
7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.15%
Original Mortgage
$245,600
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2022
Closed on
Feb 15, 2022
Sold by
Deane and Darlene
Bought by
Rea Arcangelo M
Seller's Agent
Paul Grzenia
Real Broker
Buyer's Agent
Rick Harris
Fathom Realty Elite
List Price
$285,000
Sold Price
$307,000
Premium/Discount to List
$22,000
7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2020
Closed on
Apr 23, 2020
Sold by
Jarson Scott A and Jarson Deborah S
Bought by
Deane Glenn and Deane Darlene
Seller's Agent
Scott Jarson
AZArchitecture/Jarson & Jarson
Buyer's Agent
Tiffany Griffin
Real Broker
List Price
$225,000
Sold Price
$218,800
Premium/Discount to List
-$6,200
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.97%

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Jarson Scott A and Jarson Denorah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,533
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Beck Development Llc
Bought by
Beck Martketing Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1111 University Llc -- Wfg National Title Insurance C
Zhang Zhaohang $313,000 Wfg National Title Insurance C
1111 University Llc -- None Listed On Document
Rea Arcangelo M $307,000 First American Title
Deane Glenn $218,800 Grand Canyon Title Agency
Jarson Scott A $199,281 --
Beck Martketing Llc $159,456 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Zhaohang $186,000
Previous Owner Rea Arcangelo M $245,600
Previous Owner Jarson Scott A $135,000
Previous Owner Jarson Scott A $129,533
Closed Jarson Scott A $49,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $313,000 -6.6% $362 / Sq Ft
10/11/2023 10/11/23 For Sale $335,000 +9.1% $388 / Sq Ft
03/07/2022 03/07/22 Sold $307,000 +7.7% $355 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $285,000 +30.3% $330 / Sq Ft
04/27/2020 04/27/20 Sold $218,800 -2.8% $253 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $225,000 -- $260 / 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 $1,303 $13,452 -- --
2024 $1,489 $12,811 -- --
2023 $1,489 $21,970 $4,390 $17,580
2022 $1,428 $18,960 $3,790 $15,170
2021 $1,253 $17,370 $3,470 $13,900
2020 $1,211 $15,600 $3,120 $12,480
2019 $1,188 $13,980 $2,790 $11,190
2018 $1,156 $13,960 $2,790 $11,170
2017 $1,120 $13,450 $2,690 $10,760
2016 $1,115 $12,970 $2,590 $10,380
2015 $1,078 $11,110 $2,220 $8,890
Source: Public Records

Agents Affiliated with this Home

  • Rick Harris

    Seller's Agent in 2023

    Rick Harris

    Fathom Realty Elite

    (602) 363-5663

    2 in this area

    52 Total Sales

    Rick Harris
    Section Image

  • K

    Buyer's Agent in 2023

    Kathryn Drake

    LPT Realty, LLC

    Section Image
  • Paul Grzenia

    Seller's Agent in 2022

    Paul Grzenia

    Real Broker

    (480) 869-1580

    1 in this area

    25 Total Sales

    Paul Grzenia
    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Tiffany Griffin

    Elite Partners

  • Scott Jarson

    Seller's Agent in 2020

    Scott Jarson

    AZArchitecture/Jarson & Jarson

    (480) 254-7510

    1 in this area

    128 Total Sales

    Scott Jarson
    Section Image
  • Debbie Jarson

    Seller Co-Listing Agent in 2020

    Debbie Jarson

    AZArchitecture/Jarson & Jarson

    (480) 254-7511

    1 in this area

    41 Total Sales

    Debbie Jarson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6616334

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-202

Arizona Maricopa County Tempe 85281 Gililland

1111 W University Dr Unit 2026, Tempe, AZ

This home is located at 1111 W University Dr Unit 2026, Tempe, AZ 85281 since 08 October 2023 and is currently estimated at $301,996, approximately $349 per square foot. This property was built in 2005. 1111 W University Dr Unit 2026 is a home located in Maricopa County with nearby schools including Geneva Epps Mosley Middle School, Tempe High School, and New School for the Arts & Academics.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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