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$550,000

1111 W University Dr Unit 3016 Tempe, AZ 85281

3 beds
3 baths
2,257 sqft
0.03 acres
$244 / sqft
Condo

Property details

About 1111 W University Dr Unit 3016

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.

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size2,257 sqft
Lot size0.03 Acres
Year built2005
ParkingDetached, Community Structure
MLS #6873661
Garage2 spaces

Virtual tour

Summary

  • Flooring Type: Carpet, Laminate, Tile
  • Interior: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: None
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Private Pool: No
  • Parking: Detached, Community Structure
  • Exterior: Balcony
  • Architectural Style: Contemporary
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $550,000
  • Price/SqFt: $243
  • HOA Amount: $497 Monthly
  • Annual Tax Amount: $2,825
  • Tax Year: 2024
  • Directions: East on Priest to complex on the south side
  • Year Built: 2005
  • Stories: 3
  • Living Area: 2,257 SqFt
  • Lot Size: 0.03 Acres
  • MLS Number: 6873661
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Redfin Corporation
  • Office Phone: (602) 483-4919
  • Office Email: kristi.penrod@redfin.com
  • Listing Agent: Rebekah Liperote

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© 2025 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: 7/4/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 08, 2008
Home Sold
$375,000
Sep 13, 2005
Home Sold
$414,549

Tax history

YearAssessmentProperty Tax
2024$44,000$2,825
2023$41,700$2,698
2022$32,260$2,751
2020$27,250$2,660
2019$26,400$2,538
2017$28,360$2,459

History based on county public records data.

Nearby schools

3

Scales Technology Academy

Public District KG-5

0.2 mi

1115 W 5th St

2

Holdeman Elementary School

Public District KG-5

0.8 mi

1326 W 18th St

6

Broadmor Elementary School

Public District KG-5

1.7 mi

311 E Aepli Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

26%
<35k
55%
35k-100k
18%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
46%
18-34 yrs old
29%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Pro BoxingPro Boxing
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • H&MH&M
  • IKEAIKEA

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • HondaHonda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1111 W University Dr Unit 3016

The listing price of 1111 W University Dr Unit 3016 property is $550,000.

The property 1111 W University Dr Unit 3016 is a condo located in Tempe, Arizona, 85281.

Active Listing: 1111 W University Dr Unit 3016 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1111 W University Dr Unit 3016 are: Scales Technology Academy (GreatSchools Rating 3/10), Holdeman Elementary School (GreatSchools Rating 2/10), Broadmor Elementary School (GreatSchools Rating 6/10), Gililland Middle School (GreatSchools Rating 2/10), McKemy Academy of International Studies (GreatSchools Rating 6/10), Laird Elementary School (GreatSchools Rating 3/10), Tempe High School (GreatSchools Rating 4/10), Asu Preparatory Academy Digital (GreatSchools Rating 5/10), New School for the Arts (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $2,825 (source: MLS/based on county public records data).

The last sale was on January 8, 2008 for $375,000 (source: MLS/tax record).

The property at 1111 W University Dr Unit 3016 has 3 bedrooms and 3 bathrooms.

The property 1111 W University Dr Unit 3016 is 2,257 SqFt (source: MLS/tax record).

The year of construction for 1111 W University Dr Unit 3016 is 2005.

This home is located at 1111 W University Dr Unit 3016 in Tempe, AZ and zip code 85281 in the Gililland neighborhood. This 2,257 square foot home, which was built in 2005, sits on a 0.03 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $550,000.

In June 2025, from all listings sold in Tempe, AZ there were more than 7 sold above asking price, over 89 sold below and more than 26 were sold right at the asked price. The inventory of homes for sale in Tempe, AZ between May and June 2025 increased by 0.3%. The median list price of listings available in June 2025 was $485,000, while the average time on the real estate market was 70 days.

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

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