$242,000
SOLD JAN 23, 2013

1111 W University Dr Unit 3016 Tempe, AZ 85281

Gililland Neighborhood
3 Beds
3 Baths
2,257 Sq Ft
$210/mo HOA Fee

Recently Sold

$107 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Community Pool
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Balcony

About This Home

As of August 2025

Fabulous loft condo in the heart of Tempe! This spacious 2-story top-level unit is ideal for owner-occupants and investors alike... anyone who wants to be close to all that Tempe and downtown Phoenix have to offer! Featuring real wood floors, new carpet, new fixtures, new appliances, and neutral paint throughout, this one won't last long! The master suite is on the main level, plus an additional full bath. Upstairs you'll find two more bedrooms, another full bath, and a spacious loft overlooking the great room. Step outside onto the large patio to enjoy the beautiful Arizona weather! There is also a detached private 2-car garage, plus additional underground garage parking. Welcome home! **Seller will pay up to $500 for a home warranty of buyer's choice for owner-occupant buyers!**

Last Agent to Sell the Property

Stephanie Larscheid

HomeSmart License #BR560441000 Listed on: 11/22/2012

HomeSmart

Last Buyer's Agent

Tim Evans

Keller Williams Realty East Valley License #SA529229000

Keller Williams Realty East Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 2005

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Community Parking Structure

Home Design

  • Metal Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 2,257 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Schools

  • Holdeman Elementary School
  • Geneva Epps Mosley Middle School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • Balcony
  • 1,443 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 3016
  • Assessor Parcel Number 124-61-211

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Vale Condominiums Association, Phone Number (480) 284-5551
  • Built by Beck Development Co
  • Vale Condominiums Subdivision

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,380

Year Built

Built in 2005

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Cross Street: University & Priest
  • 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: 210.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2005
  • Tax Year: 2012
  • Directions: East on Priest to complex on the south side
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: Vale Condominiums
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 210.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Breakfast Bar, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2257.0
  • Stories: 3
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Frame - Metal
  • Roof: Metal
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Detached, Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Vale Condominiums
  • Phone: 480-284-5551
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 935.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Vale Condominiums
  • Association Fees:HOA Telephone4: 4802845551
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street 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, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Holdeman Elementary 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: 1443.0
  • Parcel #: 124-61-211
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Beck Development Co

Tax Info

  • Tax Annual Amount: 2380.48
  • Tax Book Number: 124.00
  • Tax Lot: 3016
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Aug 15, 2025
Sold by
Brown Gregory
Bought by
Olaiz Manuel and Olaiz Kathryn P
Seller's Agent
Rebekah Liperote
Redfin Corporation
Buyer's Agent
Denise McManus
Engel & Voelkers Scottsdale
List Price
$550,000
Sold Price
$513,000
Premium/Discount to List
-$37,000
-6.73%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.63%

Purchase Details

Closed on
Apr 30, 2019
Sold by
Brown Gregory and Brown Margaret C
Bought by
Brown Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2012
Closed on
Jan 2, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brown Gregory and Brown Margaret C
Seller's Agent
Stephanie Larscheid
HomeSmart
Buyer's Agent
Tim Evans
Keller Williams Realty East Valley
List Price
$244,900
Sold Price
$242,000
Premium/Discount to List
-$2,900
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$193,600
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 18, 2012
Sold by
Hurowitz Dave
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 16, 2011
Sold by
Calder Tempe Condo Llc
Bought by
Westar 120 Realty Llc

Purchase Details

Closed on
Jun 30, 2009
Sold by
Hurowitz David A and Hurowitz Dave A
Bought by
Calder Tempe Condo Llc

Purchase Details

Closed on
Jan 2, 2008
Sold by
Ownby Claire
Bought by
Hurowitz David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2007
Sold by
John Heather
Bought by
Hsbc Bank Usa Na and Nomura Home Equity Loan Inc Asset Backed

Purchase Details

Closed on
Sep 5, 2005
Sold by
Beck Marketing Llc
Bought by
John Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,170
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

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 $513,000 Title Forward Agency Of Arizon
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Quit Claim Deed -- Accommodation
Trustee Deed $351,845 Security Title Agency
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- Ticor Title Co Of California
Grant Deed $375,000 Ticor Title Co Of California
Trustee Deed $464,528 None Available
Special Warranty Deed $537,713 --
Cash Sale Deed $414,549 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $238,100 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $193,600 New Conventional
Previous Owner $337,500 Purchase Money Mortgage
Previous Owner $430,170 Purchase Money Mortgage
Closed $107,543 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $513,000 -5.0% $227 / Sq Ft
08/02/2025 08/02/25 Pending -- -- --
07/28/2025 07/28/25 Price Changed $540,000 -1.8% $239 / Sq Ft
06/05/2025 06/05/25 For Sale $550,000 +127.3% $244 / Sq Ft
01/23/2013 01/23/13 Sold $242,000 -1.2% $107 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/22/2012 11/22/12 For Sale $244,900 -- $109 / 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 $2,861 $29,538 -- --
2024 $2,826 $28,131 -- --
2023 $2,826 $41,700 $8,340 $33,360
2022 $2,698 $32,260 $6,450 $25,810
2021 $2,751 $29,010 $5,800 $23,210
2020 $2,660 $27,250 $5,450 $21,800
2019 $2,609 $26,400 $5,280 $21,120
2018 $2,539 $27,810 $5,560 $22,250
2017 $2,460 $28,360 $5,670 $22,690
2016 $2,448 $28,730 $5,740 $22,990
2015 $2,368 $25,860 $5,170 $20,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4853542

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-211