$459,900
$9K PRICE DROP

1111 W University Dr Unit 3012 Tempe, AZ 85281

Gililland Neighborhood

Estimated payment $3,123/month

Total Views 17,803
2 Beds
2 Baths
1,420 Sq Ft
$324 Price per Sq Ft

Highlights

  • Gated Community
  • Property is near public transit
  • Wood Flooring
  • Contemporary Architecture
  • Vaulted Ceiling
  • End Unit

About This Home

Introducing The Vale, a rare architectural gem designed by acclaimed architect Will Bruder, celebrated in top design magazines for its bold, modern aesthetic. This exclusive 2-bedroom, 2-bathroom residence, with a versatile loft, spans 1,420 square feet and features soaring vaulted ceilings, a spacious private patio, and premium upgrades including a new stainless steel dishwasher, range, microwave, and a newer refrigerator, plus an in-unit washer/dryer. Distinctive architectural details elevate every space. The home includes a private 2-car garage—a rare find. Nestled in a vibrant community with a pool, spa, and gym, The Vale is steps from ASU, Starbucks, Whole Foods, and the lively Mill Avenue District. Investors, take note: short-term rentals are permitted, making this an exceptional opportunity. Don't miss your chance to own a piece of Arizona's architectural legacy in this one-of-a-kind modern village!

Listing Agent

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 09/07/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 2005

Lot Details

  • No Common Walls
  • End Unit

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,420 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Solar Screens
  • Built-In Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Broadmor Elementary School
  • Mckemy Academy Of International Studies Middle School
  • Tempe High School

Utilities

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

Listing and Financial Details

  • Tax Lot 3012
  • Assessor Parcel Number 124-61-208

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • The Vale HOA, Phone Number (602) 437-4777
  • Built by Wespac
  • Vale Condominiums Subdivision, Carriage Solette Floorplan

Recreation

  • Fenced Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,412

Year Built

Built in 2005

Lot Details

0

HOA Fees

$498 per month

Parking

2

Listing Details

  • Cross Street: University & Mill Avenue
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 498.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2025
  • Master Model: Carriage Solette
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 498.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1420.0
  • Stories: 2
  • Window Features: Solar Screens
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Pool Private: No
  • Disclosures: None
  • Common Walls: No Common Walls, End Unit
  • Construction Type: Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 498.0
  • Association Fee Frequency: Monthly
  • Association Name: The Vale HOA
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Vale HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 996.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 996.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: 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, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Broadmor Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Academy of International Studies

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 905.0
  • Parcel #: 124-61-208

Building Info

  • Builder Name: Wespac

Tax Info

  • Tax Annual Amount: 2412.0
  • Tax Book Number: 124.00
  • Tax Lot: 3012
  • Tax Map Number: 61.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,413 $20,131 -- --
2024 $2,228 $19,172 -- --
2023 $2,228 $31,900 $6,380 $25,520
2022 $2,137 $24,220 $4,840 $19,380
2021 $2,152 $23,470 $4,690 $18,780
2020 $2,086 $22,200 $4,440 $17,760
2019 $2,047 $18,960 $3,790 $15,170
2018 $1,996 $19,700 $3,940 $15,760
2017 $1,937 $19,580 $3,910 $15,670
2016 $1,923 $19,110 $3,820 $15,290
2015 $1,847 $17,080 $3,410 $13,670
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Price Changed $459,900 -1.7% $324 / Sq Ft
11/13/2025 11/13/25 For Sale $467,900 0.0% $330 / Sq Ft
11/13/2025 11/13/25 Off Market $467,900 -- --
11/05/2025 11/05/25 Price Changed $467,900 -0.2% $330 / Sq Ft
10/13/2025 10/13/25 Price Changed $468,900 0.0% $330 / Sq Ft
09/07/2025 09/07/25 For Sale $469,000 -- $330 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Nationallink
Interfamily Deed Transfer -- None Available
Special Warranty Deed $335,000 --
Cash Sale Deed $257,836 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,080 New Conventional
Closed $268,000 Purchase Money Mortgage
Previous Owner $50,250 Stand Alone Second
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6916398

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-208