$233,000
SOLD APR 7, 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

$270 Per Sq Ft

1% Below List Price

25 Days on Market

Highlights

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

About This Home

As of August 2021

Welcome to the most unique condominium development in Tempe. Designed by award winning architect, Will Bruder. Modern loft-style condo with highly architectural modern interiors in wonderful condition. Maple cabinets, stainless appliances, and a fully featured secure gated community which includes pool, spa, assigned underground gated parking and unit storage. Generous spaces live large: 12ft vaulted ceiling, architectural lighting, cabinetry; details you typically find in high-end homes! End unit with balcony. Only 1 common wall! Super walkable/bike-able location-12 minutes to the Airport and less than 1 mile from ASU and Light Rail! You won't find anything like it! A bargain for a student or professor. Better hurry because it won't last!

Last Agent to Sell the Property

Debbie Jarson

AZArchitecture/Jarson & Jarson Brokerage Email: info@azarchitecture.com License #BR007828000 Listed on: 02/27/2021

Co-Listed By

Scott Jarson

AZArchitecture/Jarson & Jarson Brokerage Email: info@azarchitecture.com License #SA031457000

Last Buyer's Agent

Robert Hannen

West USA Realty License #SA679841000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • 1 Common Wall
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $270 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
  • Metal Roof
  • Stucco

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

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

Utilities

  • Refrigerated Cooling System
  • 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 2027
  • Assessor Parcel Number 124-61-203

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Pmg Services Association, Phone Number (480) 829-7400
  • Built by Wespac Communities
  • Vale Condominiums Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool

Security

  • 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

  • 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: University Dr west from ASU Campus to property on south side of the street. Unit is on the interior of development closer to the pool.
  • Attribution Contact: info@azarchitecture.com
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Co List Office Mls Id: jarj01
  • Co List Office Phone: 480-425-9300
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 270.0
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 864.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Sprinklers In Front, Alley, Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Frame - Wood
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Separate Strge Area, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Near Bus Stop, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • 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: 4808297400
  • 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: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: 94.0
  • Parcel #: 124-61-203
  • ResoLotSizeUnits: SquareFeet

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
$307,956

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
-0.98%

Purchase Details

Listed on
Feb 27, 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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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: 6200054

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-203