$320,000
SOLD AUG 12, 2021 RENTED NOV 13, 2024

1111 W University Dr Unit 2027 Tempe, AZ 85281

Gililland Neighborhood
1 Bed
1 Bath
864 Sq Ft
$270/mo HOA Fee

Recently Sold

$370 Per Sq Ft

8 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Vaulted Ceiling
  • Gated Parking
  • Contemporary Architecture
  • End Unit

About This Home

As of August 2021

Unique architectural masterpiece by world-famous Will Bruder. Welcome to Downtown Tempe's most iconic community, The Vale. This immaculate home has been meticulously updated and is completely move-in ready. The unit includes a large master bedroom, updated 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. Brand new window shades, water heater, ceiling fans, nest thermostat, ring security system plus much more. Gated community features secure underground parking, pool, hot tub, gym, and dog area.

Last Agent to Sell the Property

Robert Hannen

West USA Realty License #SA679841000 Listed on: 07/30/2021

West USA Realty

Last Buyer's Agent

Lanell Inacio

Lanell Sue Inacio License #BR692625000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • 1 Common Wall
  • Wrought Iron Fence

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Designed by Will Bruder Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

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

Kitchen

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

Flooring

  • Stone
  • 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
  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 2027
  • Assessor Parcel Number 124-61-203

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 Wespac Communities
  • Vale Condominiums Subdivision

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,394

Year Built

Built in 2005

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Cross Street: W University Drive and South Beck Avenue
  • 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: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2020
  • Directions: West on University from ASU campus. Community on south side of Mill. Enter parking lot between two round buildings. Unit is in building near pool.
  • 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: 270.0
  • 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: Stone, 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, Granite Counters, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 864.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Separate Strge Area, Assigned
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: 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, Community Pool Htd, Community Pool, Near Bus Stop, Fitness Center
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association Name: Vale Condominiums
  • 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: Vale Condominiums
  • 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: 864.0
  • Parcel #: 124-61-203

Building Info

  • Builder Name: Wespac Communities

Tax Info

  • Tax Annual Amount: 1394.0
  • 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
$307,892

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
-0.97%

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

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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
Special Warranty Deed -- --
Warranty Deed $320,000 Chicago Title Agency
Warranty Deed $233,000 Premier Title Agency
Special Warranty Deed $200,000 Fidelity National Title
Warranty Deed -- Fidelity National Title
Special Warranty Deed $198,184 --
Cash Sale Deed $159,456 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $209,700 New Conventional
Previous Owner $160,870 New Conventional
Previous Owner $160,000 Purchase Money Mortgage
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 $1,507 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6269455

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-203