NOT LISTED FOR SALE

Estimated Value: $225,450 - $258,000

1 Bed
1 Bath
622 Sq Ft
$242/mo HOA Fee

Last Sold April 26, 2017

Last sale price $123,000 $198 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,603/month

64 Days on Market

Highlights

  • Fitness Center
  • City Lights View
  • Vaulted Ceiling
  • Transportation Service
  • Contemporary Architecture
  • Heated Community Pool

About This Home

As of April 2017

The Vale is one of the most unique properties built in Arizona! Designed by renowned architect Will Bruder, this modern architectural masterpiece has already been photographed by significant architectural and design magazines. Available for sale is one of only a handful of one bedroom, one bathroom Lofts that includes 2 story ceilings, a large patio, washer and dryer, stainless steel refrigerator, microwave, dishwasher... and beautiful architectural features. Private reserved covered parking space and separate storage closet included. Community includes a pool/spa and gym and is very close to ASU, Starbucks and the vibrant Mill Avenue District. At this price, style & location, this is hard to find! Don't miss your opportunity to be one of the few to experience this unique modern village!

Last Agent to Sell the Property

Tom Tokoph

Urban Realty & Development, LLC License #BR114305000 Listed on: 01/18/2017

Last Buyer's Agent

Ruey Yu

HomeSmart License #SA635582000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $970

Year Built

  • Built in 2005

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Loft
  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • 622 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Solar Screens
  • City Lights Views

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Schools

  • Mckemy Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Block Wall Fence
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 2001
  • Assessor Parcel Number 124-61-180

Community Details

Overview

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

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Additional Features

  • Transportation Service
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$970

Year Built

Built in 2005

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Cross Street: University & Beck
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 242.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2016
  • Property Sub Type: Loft Style
  • Horses: No
  • Subdivision Name: VALE CONDOMINIUMS
  • Architectural Style: Contemporary
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 197.74
  • Association Fees:HOA Fee2: 242.0
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Fire Sprinklers, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 622.0
  • Stories: 2
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Transportation Svcs: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: None
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Disclosures: None
  • Construction Type: Painted, Stucco, Siding, Block, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Transportation Svcs, Near Bus Stop, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 242.0
  • Association Fee Frequency: Monthly
  • Association Name: Management Trust
  • Phone: 480-284-5551
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Management Trust
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 484.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: 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, Maintenance Exterior

Schools

  • Elementary School: McKemy Middle School
  • High School: Tempe High School
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43.0
  • Parcel #: 124-61-180
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Beck Development Co

Tax Info

  • Tax Annual Amount: 970.5
  • Tax Book Number: 124.00
  • Tax Lot: 2001
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2017
Closed on
Mar 27, 2017
Sold by
Mccleary James B and Coffelt Lynda L
Bought by
Chen Yee Ting
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Ruey Yu
HomeSmart
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%
Current Estimated Value
$240,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,863
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Apr 24, 2005
Sold by
Beck Marketing Llc
Bought by
Mccleary James B and Coffelt Lynda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,573
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Chen Yee Ting $123,000 First American Title Insuran
Mccleary James B $145,496 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccleary James B $94,573
Closed Mccleary James B $36,374
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $123,000 -4.6% $198 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/21/2017 03/21/17 Price Changed $128,900 -0.8% $207 / Sq Ft
01/18/2017 01/18/17 For Sale $129,900 -- $209 / 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 $1,218 $10,159 -- --
2024 $1,124 $9,676 -- --
2023 $1,124 $18,080 $3,610 $14,470
2022 $1,078 $14,570 $2,910 $11,660
2021 $1,086 $12,550 $2,510 $10,040
2020 $1,053 $12,320 $2,460 $9,860
2019 $1,033 $11,010 $2,200 $8,810
2018 $1,007 $10,930 $2,180 $8,750
2017 $977 $10,330 $2,060 $8,270
2016 $971 $9,610 $1,920 $7,690
2015 $932 $8,470 $1,690 $6,780
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5548393

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-61-180