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Sold for $375,000
    • $375,000

    1111 W UNIVERSITY Drive #3012, Tempe, AZ 85281

    2beds
    1,420sqft
    Condominium
    Built in 2005
    -- sqft lot
    $375,100 Zestimate®
    $264/sqft
    $2,102 Estimated rent

    Home value

    $375,100

    $345,000 - $409,000

    $2,102/mo

    Zestimate® history
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    What's special

    Versatile loftDistinctive architectural detailsSpacious private patioSoaring vaulted ceilings
    Investors, take note: Short-Term rentals are permitted, making this an exceptional opportunity. Introducing The Vale, a rare architectural gem designed by acclaimed architect Will Bruder, celebrated in top design magazines for its bold, modern aesthetic. This exclusive 2-bedroom, 2-bathroom residence, with a versatile loft, spans 1,420 square feet and features soaring vaulted ceilings, a spacious private patio, and premium upgrades including a new stainless steel dishwasher, range, microwave, and a newer refrigerator, plus an in-unit washer/dryer. Distinctive architectural details elevate every space. The home includes a private 2-car garage--a rare find. Nestled in a vibrant community with a pool, spa, and gym, The Vale is steps from ASU, Starbucks, Whole Foods, and the lively Mill Avenue District. Don't miss your chance to own a piece of Arizona's architectural legacy in this one-of-a-kind modern village!

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas J Tokoph 602-549-9000,

    Urban Realty & Development, LLC

    Bought with:

    Madison J Jack, SA709291000

    HomeSmart

    Source: ARMLS,MLS#: 6916398MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
    Features
    • High Speed Internet, Upstairs, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
    • Flooring: Tile, Wood
    • Windows: Solar Screens
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls,End Unit
    Interior area
    • Total structure area: 1,420
    • Total interior livable area: 1,420 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener
    • Garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Spa features: None
    • Fencing: See Remarks,Other
    Lot
    • Size: 905 Square Feet
    • Features: None
    Details
    • Parcel number: 12461208

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Wood Frame, Painted, Block
    • Roof: Built-Up,Foam
    Condition
    • Year built: 2005
    Details
    • Builder name: Wespac

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Gated, Community Spa, Near Light Rail Stop, Near Bus Stop
    • Security: Fire Sprinkler System
    • Subdivision: VALE CONDOMINIUMS
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $498 monthly
    • HOA name: The Vale HOA
    • HOA phone: 602-437-4777
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $264/sqft
    • Tax assessed value: $345,800
    • Annual tax amount: $2,412
    • Date on market: 11/5/2025
    • Cumulative days on market: 255 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/17/2026Sold$375,000$264/sqft
    Source: ARMLS #6916398 Report a problem
    5/20/2026Pending sale$375,000$264/sqft
    Source: ARMLS #6916398 Report a problem
    5/12/2026Price change$375,000-3.8%$264/sqft
    Source: ARMLS #6916398 Report a problem
    5/9/2026Price change$390,000-1.3%$275/sqft
    Source: ARMLS #6916398 Report a problem
    3/24/2026Price change$395,000-1%$278/sqft
    Source: ARMLS #6916398 Report a problem
    3/8/2026Price change$399,000-5%$281/sqft
    Source: ARMLS #6916398 Report a problem
    3/5/2026Price change$420,000-1.2%$296/sqft
    Source: ARMLS #6916398 Report a problem
    2/27/2026Price change$425,000-1.4%$299/sqft
    Source: ARMLS #6916398 Report a problem
    2/20/2026Price change$431,000-0.7%$304/sqft
    Source: ARMLS #6916398 Report a problem
    2/16/2026Listing removed$1,995$1/sqft
    Source: Zillow Rentals Report a problem
    2/12/2026Price change$434,000-0.2%$306/sqft
    Source: ARMLS #6916398 Report a problem
    1/16/2026Price change$1,995-16.7%$1/sqft
    Source: Zillow Rentals Report a problem
    1/11/2026Price change$435,000-3.3%$306/sqft
    Source: ARMLS #6916398 Report a problem
    12/9/2025Price change$449,900-2.2%$317/sqft
    Source: ARMLS #6916398 Report a problem
    11/13/2025Price change$459,900-1.7%$324/sqft
    Source: ARMLS #6916398 Report a problem
    11/5/2025Price change$467,900-0.2%$330/sqft
    Source: ARMLS #6916398 Report a problem
    10/13/2025Price change$468,900-0.2%$330/sqft
    Source: ARMLS #6916398 Report a problem
    9/8/2025Listed for sale$469,900-1.9%$331/sqft
    Source: ARMLS #6916398 Report a problem
    8/8/2025Price change$2,395-2.2%$2/sqft
    Source: Zillow Rentals Report a problem
    7/9/2025Price change$2,450-3.9%$2/sqft
    Source: Zillow Rentals Report a problem
    6/16/2025Listed for rent$2,550+4.1%$2/sqft
    Source: Zillow Rentals Report a problem
    1/23/2024Listing removed$479,000$337/sqft
    Source: ARMLS #6555982 Report a problem
    7/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/22/2023Listing removed$479,000+43%$337/sqft
    Source: ARMLS #6555982 Report a problem
    5/22/2023Listed for rent$2,450$2/sqft
    Source: Zillow Rentals Report a problem
    9/16/2005Sold$335,000$236/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,403 +7%$34,580 +2.9%
    2024$2,245 +1.2%$33,600 +84%
    2023$2,219 +3.8%$18,259 -24.6%
    2022$2,137 +2.4%$24,220 +3.2%
    2021$2,086 +1.9%$23,470 +5.7%
    2020$2,047 +2.5%$22,200 +17.1%
    2019$1,996 $18,960 -3.8%
    2018$1,996 +3.1%$19,700 +0.6%
    2017$1,937 +4.8%$19,580 +2.5%
    2016$1,847 -2.9%$19,110 +11.9%
    2015$1,903 $17,080 +22.8%
    2014-- $13,910 +30%
    2013-- $10,700 -23.3%
    2012-- $13,950 -7.6%
    2011-- $15,100 -32.9%
    2010-- $22,500 -21.5%
    2009-- $28,650 -11.6%
    2008-- $32,400 +50%
    2007-- $21,600 +1073.9%
    2006-- $1,840 -30.3%
    2005-- $2,640
    Find assessor info on the county website

    Neighborhood: Gililland

    Nearby homes

    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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    Estimated market value
    $375,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $375,100

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