$220,000
SOLD SEP 27, 2024

1111 E University Dr Unit 242 Tempe, AZ 85281

Downtown Tempe Neighborhood
1 Bed
1 Bath
631 Sq Ft
$225/mo HOA Fee

Recently Sold

$349 Per Sq Ft

12% Below List Price

123 Days on Market

Highlights

  • Clubhouse
  • Balcony
  • Property is near a bus stop
  • Community Pool
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of September 2024

This is a one-bedroom condo in a great Tempe location. It is freshly painted in neutral colors and ready to move in. The complex has a covered parking spot, pool, and clubhouse to enjoy. Why rent for years when you can own a unit and enjoy the appreciation? Only a few come available in this complex. Appliances are included, and there is even laundry in the unit. Easy access to ASU and downtown Tempe.

Last Agent to Sell the Property

Doug McVinua

Blue Sky Living, LLC License #BR512549000

Last Buyer's Agent

Doug McVinua

RE/MAX Achievers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $968

Year Built

  • Built in 1981

Lot Details

  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 631 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Cecil Shamley Elementary And Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 132-73-272

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Tempe Villa Condo Association, Phone Number (480) 844-2224
  • Tempe Villa Condominiums Subdivision, Condo Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$968

Year Built

Built in 1981

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Cross Street: University and Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 225.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2023
  • Directions: East on University to the 2nd (East) entrance to Tempe Villa. Parking spots on the left as soon as you exit the street. The building is the far NE building.
  • Master Model: Condo
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: TEMPE VILLA CONDOMINIUMS
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 225.0
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm, High Speed Internet, Laminate Counters
  • Living Area: 631.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Storage
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Near Bus Stop, Clubhouse
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: Tempe Villa Condo
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tempe Villa Condo
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 450.0
  • Association Fees:Disclosure Fees HOA: 225.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Homewise Doc Fee
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Cecil Shamley School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 616.0
  • Parcel #: 132-73-272
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 968.0
  • Tax Book Number: 132.00
  • Tax Lot: 242
  • Tax Map Number: 73.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $220,000 -4.3% $349 / Sq Ft
09/06/2024 09/06/24 Price Changed $230,000 -2.1% $365 / Sq Ft
07/20/2024 07/20/24 Price Changed $235,000 -2.1% $372 / Sq Ft
07/03/2024 07/03/24 Price Changed $240,000 -2.0% $380 / Sq Ft
05/31/2024 05/31/24 Price Changed $245,000 -2.0% $388 / Sq Ft
05/12/2024 05/12/24 For Sale $250,000 +222.6% $396 / Sq Ft
12/06/2013 12/06/13 Sold $77,500 -8.3% $123 / Sq Ft
12/05/2013 12/05/13 Price Changed $84,500 0.0% $134 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $84,500 0.0% $134 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
08/01/2013 08/01/13 Price Changed $84,500 -6.0% $134 / Sq Ft
06/30/2013 06/30/13 For Sale $89,900 -- $142 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6704492

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Tempe 85281 Downtown Tempe

1111 E University Dr Unit 242, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1111 E University Dr Unit 242, Tempe, AZ 85281 and is currently priced at $220,000, approximately $348 per square foot. This property was built in 1981. 1111 E University Dr Unit 242 is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393