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Backup Offers

1111 W University Dr Unit 2016, Tempe, AZ, 85281

$394,900

Home List Price

$4,689*

Closing Credit

2 Bedrooms
2 Baths
1,160 SqFt
$340/SqFt
Multi
Schools Nearby

Location

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1111 W University Dr Unit 2016, Tempe$394,900

Buyer Closing Credits

$4,689*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingElectric Door Opener, Separate Strge Area, Assigned, Community Structure, Gated
Garage2 spaces
Year Built2005
HeatingElectric
FireplaceNone
MLS #6665415
StatusAccepting Backup Offers

About 1111 W University Dr Unit 2016

Awesome 2/2 split floor plan in the ''Vale''. This is the building that really started the revitalization of downtown tempe. Will Bruder designed, a nice bright open floor plan, close to campus, close to downtown Tempe. This community is approved for short term rentals for any investors looking for a great spot less than 5 min from the airport and in a truly Awesome centralized location! Easy to show!!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2005
  • Stories: 3
  • Living Area: 1,160 SqFt

Listing Office:

  • Office Name: Gentry Real Estate
  • Office Phone: (480) 750-9910
  • Listing Agent: Joshua Carlson

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Tile, Wood
  • Interior: Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Laminate Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Covered Patio(s), Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Electric Door Opener, Separate Strge Area, Assigned, Community Structure, Gated

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Gililland Middle School, Public District Grades 6-8
  • Ward Traditional Academy, Public District Grades KG-8
  • Holdeman Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Priest and University: Go east from Priest and building will be on the south side of the road. You can park in front of the building on university or around the east side parking lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $394,900
  • Price Per SqFt: $340/SqFt

HOA Fees:

  • Amount: $463
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,951
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Tempe, AZ.

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Tempe, AZ

City

Med. Sold Price

$464.9K

Med. Price/SqFt

$299

Avg. Days On Market

51

# of Sold Homes

105

1111 W University Dr Unit 2016 vs Tempe

70 DAYS ON ROCKET

+19 Days

$394,900

-$70K Less

$340/SqFt

+$40 More

KEY TAKEAWAY

This property is $70K less than the Median Sold Price and $40/SqFt more than other homes in Tempe, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6665415

Listing Office:

  • Office Name: Gentry Real Estate
  • Office Phone: (480) 750-9910
  • Listing Agent: Joshua Carlson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 20, 2020Home Sold
$260,000
Jul 20, 2016Home Sold
$210,000
Dec 31, 2009Home Sold
$155,000
Sep 15, 2005Home Sold
$292,162

Tax History

YEARPROP. TAXASSESSMENT
2021$1,951$21,080
2020$1,643$19,260
2019$1,568$17,580
2017$1,520$17,610

History based on county public records data.

Payment Calculator

$2,501

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,250

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1320252
3
/10

  • Holdeman Elementary School

  • 1326 W 18th St

  • 0.84 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1320253
3
/10

  • Gililland Middle School

  • 1025 S Beck Ave

  • 0.28 miles

  • Public District Grades 6-8

school-card-donut-1320254
8
/10

  • Ward Traditional Academy

  • 1965 E Hermosa Dr

  • 3.92 miles

  • Public District Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,239. The majority of Tempe, AZ residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Maricopa County›Tempe›85281›1111 W University Dr Unit 2016

This home is located at 1111 W University Dr Unit 2016 in Tempe, AZ and zip code 85281 in the Gililland neighborhood. This 1,160 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $394,900.

In March 2024, from all listings sold in Tempe, AZ there were more than 16 sold above asking price, over 53 sold below and more than 36 were sold right at the asked price. The number of listings in Tempe, AZ increased by 0.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 51 days, the median list price was $464,944.

From Rocket Homes Real Estate and based on county public records data.

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