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Sold for $513,000
    • $513,000

    1111 W UNIVERSITY Drive #3016, Tempe, AZ 85281

    3beds
    3baths
    2,257sqft
    Condominium
    Built in 2005
    -- sqft lot
    $510,700 Zestimate®
    $227/sqft
    $2,955 Estimated rent

    Home value

    $510,700

    $465,000 - $562,000

    $2,955/mo

    Zestimate® history
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    What's special

    The Vale Condominiums are a downtown Tempe landmark designed by renowned architect Will Bruder. This unique 3 bedroom unit features a 22-foot great room ceiling and a north facing wall of windows with Camelback and downtown Tempe views. Loft open to great room provides space for office, additional living room, or can be modified for use as a fourth bedroom. Only one mile to ASU and Whole Foods, near to Tempe Lake Park, and Sky Harbor International Airport. Free Tempe Orbit shuttle to ASU stops just outside property gate. Highly walkable and bike able community. Unit has new black granite counter in kitchen, new convection oven and cooktop, new microwave, new sink and garbage disposal (2025). New carpet in upstairs bedrooms (2025). New shower glass and door in main bathroom (2025). Programmable smart thermostat. Entire unit freshly painted. Detached two car garage provides private parking and plenty of storage. Financial sound and well managed HOA completed exterior painting, new landscaping, pool and hot tub resurfacing, and new entry gate hardware in 2024.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebekah Liperote 480-695-1734,

    Redfin Corporation

    Bought with:

    Denise McManus, SA710400000

    Engel & Voelkers Scottsdale

    Source: ARMLS,MLS#: 6873661MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop
    • Laundry: Engy Star (See Rmks)
    Features
    • High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Laminate, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    Interior area
    • Total structure area: 2,257
    • Total interior livable area: 2,257 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Community Structure
    • Garage spaces: 2
    Features
    • Stories: 3
    • Patio & porch: Covered
    • Exterior features: Balcony
    • Pool features: None
    • Spa features: None
    • Fencing: None
    Lot
    • Size: 1,443 Square Feet
    Details
    • Parcel number: 12461211

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Steel Frame
    • Roof: Metal
    Condition
    • Year built: 2005
    Details
    • Builder name: Beck Development Co

    Utilities & green energy

    • Electric: 220 Volts in Kitchen
    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Gated, Community Spa Htd, Near Bus Stop, Fitness Center
    • Security: Fire Sprinkler System
    • Subdivision: VALE CONDOMINIUMS
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Maintenance Exterior
    • HOA fee: $498 monthly
    • HOA name: Vale Condos
    • HOA phone: 602-437-4777
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $450,000
    • Annual tax amount: $2,751
    • Date on market: 6/5/2025
    • Cumulative days on market: 60 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Condominium
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/7/2025Listing removed$3,300$1/sqft
    Source: Zillow Rentals Report a problem
    8/29/2025Price change$3,300-8.3%$1/sqft
    Source: Zillow Rentals Report a problem
    8/16/2025Listed for rent$3,600$2/sqft
    Source: Zillow Rentals Report a problem
    8/15/2025Sold$513,000-5%$227/sqft
    Source: ARMLS #6873661 Report a problem
    8/4/2025Pending sale$540,000$239/sqft
    Source: ARMLS #6873661 Report a problem
    7/28/2025Price change$540,000-1.8%$239/sqft
    Source: ARMLS #6873661 Report a problem
    6/5/2025Listed for sale$550,000-6%$244/sqft
    Source: ARMLS #6873661 Report a problem
    1/23/2024Listing removed$585,000$259/sqft
    Source: ARMLS #6383179 Report a problem
    9/17/2022Listing removed--
    Source: ARMLS #6383179 Report a problem
    8/21/2022Price change$585,000-2.3%$259/sqft
    Source: ARMLS #6383179 Report a problem
    7/19/2022Price change$599,000-3.4%$265/sqft
    Source: ARMLS #6383179 Report a problem
    6/7/2022Price change$619,900-4.6%$275/sqft
    Source: ARMLS #6383179 Report a problem
    5/12/2022Listed for sale$650,000+168.6%$288/sqft
    Source: ARMLS #6383179 Report a problem
    1/23/2013Sold$242,000-1.2%$107/sqft
    Source: ARMLS #4853542 Report a problem
    11/22/2012Listed for sale$244,900-30.4%$109/sqft
    Source: G-7 Realty, Inc. #4853542 Report a problem
    9/20/2012Sold$351,845-6.2%$156/sqft
    Source: Public Record Report a problem
    1/8/2008Sold$375,000-19.3%$166/sqft
    Source: Public Record Report a problem
    6/25/2007Sold$464,528-13.6%$206/sqft
    Source: Public Record Report a problem
    9/13/2005Sold$537,713$238/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,065 +7.7%$45,000 +2.3%
    2024$2,847 +1.2%$44,000 +64.2%
    2023$2,812 +4.2%$26,792 -16.9%
    2022$2,698 +1.4%$32,260 +11.2%
    2021$2,660 +2%$29,010 +6.5%
    2020$2,609 +2.8%$27,250 +3.2%
    2019$2,539 $26,400 -5.1%
    2018$2,539 +3.2%$27,810 -1.9%
    2017$2,460 +3.9%$28,360 -1.3%
    2016$2,368 -4.6%$28,730 +11.1%
    2015$2,481 $25,860 +25.8%
    2014-- $20,550 +30.9%
    2013-- $15,700 -19.1%
    2012-- $19,400 -7%
    2011-- $20,850 -32.5%
    2010-- $30,900 -28.6%
    2009-- $43,250 -1.7%
    2008-- $44,000 +52.5%
    2007-- $28,850 +1467.9%
    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: Holdeman Elementary School
    • Middle: Geneva Epps Mosley Middle School
    • 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
    $510,700
    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
    $510,700

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