$285,000
SOLD DEC 21, 2018

1111 W University Dr Unit 3013 Tempe, AZ 85281

Gililland Neighborhood
2 Beds
2 Baths
1,420 Sq Ft
$250/mo HOA Fee

Recently Sold

$201 Per Sq Ft

10% Below List Price

101 Days on Market

Highlights

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

About This Home

As of December 2021

MODERN 2 Bed, 2 Bath Tempe Condo with Bonus Loft and 2 Car Garage! This Amazing 1,420 SF Condo is in a Highly Desired Location near ASU, Tempe Town Lake, Sky Harbor Airport, Mill Avenue's Nightlife and Dining, Scottsdale Golf Courses, and Freeway Access. The 2 Large Bedrooms Have Their Own Walk-in Closets. The Kitchen has Stainless Steel Appliances and a Breakfast Bar. The Private Balcony and Soaring Ceilings Establish this Condo as a Great Place for Entertaining Guests. The Loft Provides an Exceptional Space for an Office or Game Room. Enjoy the Views of Incredible Sunsets, Papago, Camelback, South Mountain and A-Mountain. This Modern Community Offers a Fitness Room, Pool and Spa. This is a Great Investment for a Vacation Rental! Location, Location, Location!

Last Agent to Sell the Property

Kevin Braley

West USA Realty License #SA660567000 Listed on: 07/27/2018

West USA Realty

Last Buyer's Agent

Debbie Liu

ATOP Real Estate License #BR638103000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 2005

Lot Details

  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,420 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Heated Spa
  • Balcony

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

Listing and Financial Details

  • Tax Lot 3013
  • Assessor Parcel Number 124-61-209

Community Details

Overview

  • Association fees include ground maintenance
  • Pmg Association, Phone Number (480) 829-7400
  • Built by Beck Development
  • Vale Condominiums Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,676

Year Built

Built in 2005

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Cross Street: University & Beck
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 250.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2017
  • 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: 250.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Spa Features: None, Heated
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1420.0
  • Stories: 3
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: 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: Block
  • Exterior Features: Balcony
  • Lot Features: Desert Front
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Detached: 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, Community Pool, Near Light Rail Stop, Near Bus Stop, Fitness Center
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: PMG
  • 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: PMG
  • Association Fees:HOA Telephone4: 480-829-7400
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 908.0
  • Parcel #: 124-61-209

Building Info

  • Builder Name: Beck Development

Tax Info

  • Tax Annual Amount: 1676.38
  • Tax Book Number: 124.00
  • Tax Lot: 3013
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 16, 2021
Sold by
Oheya Llc
Bought by
Tonkovich Quaranta Lynn A and Quaranta Mario
Seller's Agent
Debbie Liu
ATOP Real Estate
Buyer's Agent
Cory Whyte
Compass
List Price
$409,000
Sold Price
$409,000
Current Estimated Value
$457,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,869
Avg. Annual Appreciation
3.38%
Original Mortgage
$368,100
Outstanding Balance
$341,479
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$121,336

Purchase Details

Listed on
Jul 27, 2018
Closed on
Dec 7, 2018
Sold by
Gandhi Adarsh
Bought by
Oheya Llc
Seller's Agent
Kevin Braley
West USA Realty
Buyer's Agent
Debbie Liu
ATOP Real Estate
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$199,500
Interest Rate
5.34%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 28, 2014
Closed on
Aug 4, 2014
Sold by
Kilgore Clyde J
Bought by
Gandhi Adarsh
Seller's Agent
Jay Riggs
Homelogic Real Estate
Buyer's Agent
Justin Baker
LPT Realty, LLC
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%

Purchase Details

Closed on
May 27, 2011
Sold by
Fannie Mae
Bought by
Kilgore Clyde J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,720
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Lendkering John C and Divis Jeanine
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Feb 10, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Lenderking John C and Divis Jeanine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,900
Interest Rate
5.7%
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
Warranty Deed $409,000 Title Alliance Infinity Agcy
Warranty Deed $285,000 Chicago Title Agency Inc
Cash Sale Deed $225,000 Stewart Title & Trust Of Pho
Special Warranty Deed $150,900 Old Republic Title Agency
Trustee Deed $284,214 Servicelink
Special Warranty Deed -- Service Link
Special Warranty Deed $338,655 --
Cash Sale Deed $257,836 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,100 New Conventional
Previous Owner $199,500 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 New Conventional
Previous Owner $120,720 New Conventional
Previous Owner $270,900 New Conventional
Closed $33,850 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $409,000 0.0% $288 / Sq Ft
11/03/2021 11/03/21 For Sale $409,000 +43.5% $288 / Sq Ft
12/21/2018 12/21/18 Sold $285,000 -1.7% $201 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/24/2018 10/24/18 Price Changed $290,000 -1.7% $204 / Sq Ft
10/03/2018 10/03/18 Price Changed $295,000 -1.6% $208 / Sq Ft
09/14/2018 09/14/18 Price Changed $299,900 -3.2% $211 / Sq Ft
08/31/2018 08/31/18 Price Changed $309,900 -1.6% $218 / Sq Ft
07/27/2018 07/27/18 For Sale $315,000 +40.0% $222 / Sq Ft
08/05/2014 08/05/14 Sold $225,000 -4.2% $158 / Sq Ft
05/27/2014 05/27/14 Price Changed $234,900 -2.1% $165 / Sq Ft
04/28/2014 04/28/14 For Sale $239,900 -- $169 / 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 $2,049 $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 $1,730 $19,700 $3,940 $15,760
2017 $1,676 $19,580 $3,910 $15,670
2016 $1,668 $19,110 $3,820 $15,290
2015 $1,614 $17,080 $3,410 $13,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5799011

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-209