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For sale
    • Price cut: $10K (7/10)
    $324,900

    1111 W UNIVERSITY Drive #1016, Tempe, AZ 85281

    1beds
    1,137sqft
    : 
    $2,515/mo
    Get pre-qualified
    Townhouse
    Built in 2005
    1,206 Square Feet Lot
    $-- Zestimate®
    $286/sqft
    $559/mo HOA

    What's special

    Back on market at no fault to property - previous buyer could not perform. Don't miss this exceptional, modern live/work condo featuring a large retail/commercial storefront in the front and a private residential retreat in the back. The living space offers an open floor plan with beautiful wood tile, new LVP flooring in the bedroom and office, and a spacious kitchen with stainless steel appliances. Located in a secure, gated community with underground garage parking, top-tier amenities include a pool, fitness center, spa, and walking paths. Unbeatable location near ASU, Mill Ave, the 101, and the Light Rail!
    130 days
    |
    238
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Giovanna Sommacampagna 623-340-2426,

    Bolzano Realty,

    Christen Sommacampagna 623-337-7024,

    Bolzano Realty

    Source: ARMLS,MLS#: 7035378MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
      Features
      • High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm
      • Flooring: Vinyl, Tile
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,137
      • Total interior livable area: 1,137 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned
      • Garage spaces: 1
      Features
      • Stories: 3
      • Patio & porch: Patio
      • Spa features: None
      • Fencing: Block
      Lot
      • Size: 1,206 Square Feet
      • Features: None
      Details
      • Parcel number: 12461174

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Painted, Block
      • Roof: Foam
      Condition
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool, Gated, Community Spa, Community Spa Htd, Fitness Center
      • Security: Fire Sprinkler System
      • Subdivision: VALE CONDOMINIUMS
      HOA
      • Has HOA: Yes
      • Services included: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
      • HOA fee: $559 monthly
      • HOA name: Vale Condominiums
      • HOA phone: 602-437-4777
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $286/sqft
      • Tax assessed value: $322,300
      • Annual tax amount: $2,040
      • Date on market: 3/21/2026
      • Cumulative days on market: 130 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Price change$324,900-3%$286/sqft
        Source: ARMLS #7035378 Report a problem
        5/30/2026Listed for sale$334,900-4%$295/sqft
        Source: ARMLS #7035378 Report a problem
        5/4/2026Listing removed$349,000$307/sqft
        Source: ARMLS #6988579 Report a problem
        2/23/2026Listed for sale$349,000+675.6%$307/sqft
        Source: ARMLS #6988579 Report a problem
        10/11/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/25/2023Listed for rent$1,800+20.4%$2/sqft
        Source: Zillow Rentals Report a problem
        12/28/2019Listing removed$1,495$1/sqft
        Source: West USA Realty #6002749 Report a problem
        12/2/2019Price change$1,495-6.6%$1/sqft
        Source: West USA Realty #6002749 Report a problem
        11/9/2019Listed for rent$1,600$1/sqft
        Source: West USA Realty #6002749 Report a problem
        12/1/2009Sold$45,000-83.9%$40/sqft
        Source: Public Record Report a problem
        9/14/2005Sold$279,053$245/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,032 +7%$32,230 +2.7%
        2024$1,899 +1.2%$31,380 +103.2%
        2023$1,877 +3.8%$15,444 -30.9%
        2022$1,807 +2.4%$22,360 +9%
        2021$1,765 +1.9%$20,510 +9%
        2020$1,731 +2.5%$18,810 +12%
        2019$1,688 $16,800 -0.1%
        2018$1,688 +3.1%$16,820 +2.4%
        2017$1,638 +4.8%$16,420 +2.6%
        2016$1,562 -2.9%$16,010 +17.7%
        2015$1,609 $13,600 +15.5%
        2014-- $11,770 +30.1%
        2013-- $9,050 -24.3%
        2012-- $11,950 -7.7%
        2011-- $12,950 -31.3%
        2010-- $18,850 -28.6%
        2009-- $26,400 -1.7%
        2008-- $26,850 +38.8%
        2007-- $19,350 +951.6%
        2006-- $1,840 -30.3%
        2005-- $2,640
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Gililland

        Getting around

        83 / 100
        Very Walkable
        51 / 100
        Good Transit
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Broadmor Elementary School
        • Middle: McKemy Academy of International Studies
        • High: Tempe High School
        • District: Tempe School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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