NOT LISTED FOR SALE

1111 W University Dr Unit 3017 Tempe, AZ 85281

Gililland Neighborhood

Estimated Value: $444,000 - $519,000

2 Beds
2 Baths
1,420 Sq Ft
$297/mo HOA Fee

Last Sold August 30, 2022

Last sale price $480,000 $338 Per Sq Ft

Current estimated payment $3,019/month

14 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Breakfast Bar
  • Gated Community
  • Heated Community Pool
  • Property is near a bus stop

About This Home

As of August 2022

Don't miss this gorgeous modern loft with soaring 26 foot ceilings located less than a mile from Mill Avenue shopping, dining, nightlife, Tempe Town lake, and ASU! This loft overlooks University Drive and is situated on the West end of the complex in a very private location. Spacious PRIVATE 2 car garage! Hurry! This one won't last!

Last Agent to Sell the Property

Ryan Ralston

HUNT Real Estate ERA License #SA663343000 Listed on: 07/01/2022

Co-Listed By

Timothy Ralston

My Home Group Real Estate License #SA686697000

Last Buyer's Agent

Mitchell Chavez

Pak Home Realty License #SA685335000

Pak Home Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 2005

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Loft
  • Metal Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,420 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Breakfast Bar
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 3017
  • Assessor Parcel Number 124-61-212

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Vale Condos Association, Phone Number (480) 829-7400
  • Built by Wespac
  • Vale Condominiums Subdivision

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,152

Year Built

Built in 2005

Lot Details

0

HOA Fees

$297 per month

Parking

2

Listing Details

  • Cross Street: University and Beck
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 297.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: UNIVERSITY DR BETWEEN HARDY & PRIEST. PROPERTY ON SOUTH SIDE OF RD... PARK ON BECK JUST ON WEST SIDE OF PROPERTY.
  • Property Sub Type: Loft Style
  • Horses: No
  • Co List Office Mls Id: hraz01
  • Co List Office Phone: 480-603-3310
  • Subdivision Name: Vale Condominiums
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 297.0
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
  • Living Area: 1420.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Frame - Metal
  • Roof: Metal
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Near Bus Stop, Fitness Center
  • Amenities: Management
  • Association Fee: 297.0
  • Association Fee Frequency: Monthly
  • Association Name: Vale Condos
  • 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 Condos
  • Association Fees:HOA Telephone4: 4808297400
  • 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
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street 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: 90.0
  • Parcel #: 124-61-212
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Wespac

Tax Info

  • Tax Annual Amount: 2152.0
  • Tax Book Number: 124.00
  • Tax Lot: 3017
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 9, 2022
Sold by
Clayton Condict
Bought by
Lindsey Jeremiah and Lindsey Donald A
Seller's Agent
Ryan Ralston
HUNT Real Estate ERA
Buyer's Agent
Mitchell Chavez
Pak Home Realty
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Views
6
Current Estimated Value
$480,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411
Avg. Annual Appreciation
-0.94%
Original Mortgage
$456,000
Outstanding Balance
$436,647
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$29,834

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 15, 2022
Sold by
Condict Wynn G and Condict Barbara M
Bought by
Condict Clayton
Seller's Agent
Ryan Ralston
HUNT Real Estate ERA
Buyer's Agent
Mitchell Chavez
Pak Home Realty
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$436,647
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$29,834

Purchase Details

Closed on
Apr 7, 2011
Sold by
Owb Reo Llc
Bought by
Condict Wynn G and Condict Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,425
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
White Adam G
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Jul 24, 2007
Sold by
Sullivan Heath A
Bought by
White Adam G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Beck Marketing Llc
Bought by
Sullivan Heath A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,440
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Beck Developments Llc
Bought by
Beck Marketing Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lindsey Jeremiah $480,000 Security Title
Condict Clayton -- Scotts Docs Llc
Condict Wynn G $141,900 Lsi Title Agency
Owb Reo Llc -- Lsi Title Agency
Onewest Bank Fsb $146,900 Accommodation
White Adam G $425,000 Lawyers Title Insurance Corp
Sullivan Heath A $353,051 --
Beck Marketing Llc $257,836 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsey Jeremiah $456,000
Previous Owner Condict Wynn G $106,425
Previous Owner White Adam G $340,000
Previous Owner Sullivan Heath A $85,619
Previous Owner Sullivan Heath A $282,440
Closed Sullivan Heath A $70,611
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $480,000 -1.0% $338 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $485,000 -- $342 / 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 $1,950 $20,131 -- --
2024 $1,926 $18,422 -- --
2023 $1,926 $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 $1,676 $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: 6426903

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-212