$277,000 - $311,000
RENTED NOV 13, 2024

1111 W University Dr Unit 2027 Tempe, AZ 85281

Gililland Neighborhood
1 Bed
1 Bath
864 Sq Ft
2005 Built

Last Sold August 12, 2021

Last sale price $320,000 $370 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,679/month

Highlights

  • Fitness Center
  • Gated Parking
  • Contemporary Architecture
  • Heated Spa
  • Gated Community
  • Property is near public transit

About This Home

As of November 2024

Stylishly updated loft in the heart of Tempe, near tons of shopping, restaurants, nightlife, light rail & Tempe Town Lake! This unit boasts a large primary bedroom, hotel-style bathroom with step-in shower, large great room, and huge covered patio. High-end features include polished travertine floors and shower, polished marble and granite patio flooring. New fresh white paint highlights the 12-ft vaulted ceilings. Vale is a unique architectural masterpiece by the renown Will Bruder, and is a gated community featuring secure underground parking, pool, hot tub, gym, and dog area.

Last Agent to Rent the Property

Rachael Endsley

Realty ONE Group License #SA640692000 Listed on: 10/05/2024

Last Renter's Agent

Rachael Endsley

Realty ONE Group License #SA640692000 Listed on: 10/05/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 2005

Lot Details

  • Wrought Iron Fence
  • Grass Covered Lot

Parking

  • 1 Car Detached Garage
  • Gated Parking
  • Assigned Parking
  • Unassigned Parking
  • Community Parking Structure

Home Design

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

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Pool

  • Heated Spa
  • Fence Around Pool

Location

  • 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

Additional Features

  • No Interior Steps
  • Balcony

Listing and Financial Details

  • Property Available on 10/5/24
  • $200 Move-In Fee
  • Rent includes water
  • 12-Month Minimum Lease Term
  • $40 Application Fee
  • Tax Lot 2027
  • Assessor Parcel Number 124-61-203

Community Details

Overview

  • Property has a Home Owners Association
  • Vale Condiminiums Association, Phone Number (480) 284-5551
  • Built by BRUDER-WESPAC
  • Vale Condominiums Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,612

Year Built

Built in 2005

Lot Details

0

Parking

1

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water
  • Available Date: 2024-10-05

Listing Details

  • Cross Street: University Dr and Beck Ave
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Architect Architect: Will Bruder
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Rental Info H O A Name: Vale Condiminiums
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Admin Fee: 200.0
  • Initial Move In Costs Application Fee: 40.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Structure Type: High Rise
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: Heated
  • Appliances: Electric Cooktop
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 864.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Grass Front
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Steel Frame, Wood Frame, Painted
  • Roof: Built-Up
  • Exterior Features:Balcony: Yes
  • Construction:Steel Frame: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Unassigned, Gated, Garage Door Opener, Detached Garage, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • 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 Name: Vale Condiminiums
  • Phone: 480-284-5551
  • Association: Yes
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 94.0
  • Parcel #: 124-61-203

Building Info

  • Builder Name: BRUDER-WESPAC

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 2027
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2023
Sold by
4040 West Peoria Llc
Bought by
1111 W University Dr Llc
Current Estimated Value
$295,319

Purchase Details

Listed on
Sep 2, 2021
Closed on
Aug 10, 2021
Sold by
Hannen Robert
Bought by
4040 West Peoria Llc
Seller's Agent
Lanell Inacio
Lanell Sue Inacio
Buyer's Agent
Heather Lopez
My Home Group Real Estate
Sold Price
$1,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.89%

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 5, 2021
Sold by
Wagner Shawmbria
Bought by
Hannen Robert
Seller's Agent
Debbie Jarson
AZArchitecture/Jarson & Jarson
Buyer's Agent
Robert Hannen
West USA Realty
List Price
$235,000
Sold Price
$233,000
Premium/Discount to List
-$2,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.57%
Original Mortgage
$209,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Prudential Relocation Inc
Bought by
Wagner Shawmbria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2006
Sold by
Moran Michelle
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Moran Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Beck Developments Llc
Bought by
Beck Marketing 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 W University Dr Llc -- --
4040 West Peoria Llc $320,000 Chicago Title Agency
Hannen Robert $233,000 Premier Title Agency
Wagner Shawmbria $200,000 Fidelity National Title
Prudential Relocation Inc -- Fidelity National Title
Moran Michelle $198,184 --
Beck Marketing Llc $159,456 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hannen Robert $209,700
Previous Owner Wagner Shawmbria $160,000
Previous Owner Moran Michelle $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2024 11/13/24 Rented $1,400 0.0% --
10/26/2024 10/26/24 Under Contract -- -- --
10/22/2024 10/22/24 Price Changed $1,400 -6.4% $2 / Sq Ft
10/05/2024 10/05/24 For Rent $1,495 -12.1% --
09/27/2021 09/27/21 Rented $1,700 0.0% --
09/24/2021 09/24/21 Under Contract -- -- --
09/14/2021 09/14/21 Price Changed $1,700 -5.6% $2 / Sq Ft
09/02/2021 09/02/21 For Rent $1,800 0.0% --
08/12/2021 08/12/21 Sold $320,000 0.0% $370 / Sq Ft View Prior Sale
07/24/2021 07/24/21 For Sale $320,000 +37.3% $370 / Sq Ft
04/07/2021 04/07/21 Sold $233,000 -0.9% $270 / Sq Ft View Prior Sale
03/23/2021 03/23/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $235,000 0.0% $272 / Sq Ft
03/15/2015 03/15/15 Rented $1,050 0.0% --
02/24/2015 02/24/15 Under Contract -- -- --
01/29/2015 01/29/15 For Rent $1,050 0.0% --
02/26/2014 02/26/14 Rented $1,050 0.0% --
01/27/2014 01/27/14 Under Contract -- -- --
12/30/2013 12/30/13 For Rent $1,050 -- --
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 $1,612 $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 $1,394 $15,600 $3,120 $12,480
2019 $1,368 $13,980 $2,790 $11,190
2018 $1,334 $13,960 $2,790 $11,170
2017 $1,294 $13,450 $2,690 $10,760
2016 $1,285 $12,970 $2,590 $10,380
2015 $1,234 $11,110 $2,220 $8,890
Source: Public Records

Agents Affiliated with this Home

  • Rachael Endsley

    Landlord's Agent in 2024

    Rachael Endsley

    Realty One Group

    (480) 430-0430

    25 Total Sales

    Rachael Endsley
    Section Image

  • L

    Seller's Agent in 2021

    Lanell Inacio

    Lanell Sue Inacio

    Section Image

  • R

    Seller's Agent in 2021

    Robert Hannen

    West USA Realty

    (480) 948-5554

    3 in this area

    8 Total Sales

    Robert Hannen
    Section Image
  • Debbie Jarson

    Seller's Agent in 2021

    Debbie Jarson

    AZArchitecture/Jarson & Jarson

    (480) 254-7511

    1 in this area

    41 Total Sales

    Debbie Jarson
    Section Image
  • Scott Jarson

    Seller Co-Listing Agent in 2021

    Scott Jarson

    AZArchitecture/Jarson & Jarson

    (480) 254-7510

    1 in this area

    129 Total Sales

    Scott Jarson
    Section Image
  • Heather Lopez

    Buyer's Agent in 2021

    Heather Lopez

    My Home Group

    (623) 238-3778

    57 Total Sales

    Heather Lopez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6767329

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-203

Arizona Maricopa County Tempe 85281 Gililland

1111 W University Dr Unit 2027, Tempe, AZ

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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