1111 W UNIVERSITY Drive 1016, Tempe, AZ 85281

$334,900

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 1,137 Lot Size (sq. ft.): 1,206 Status: Active

Current Price: $334,900 Last Modified: 5/30/2026

Overview

Description

Back on market at no fault to property - previous buyer could not perform. Don't miss this exceptional, modern live/work condo featuring a large retail/commercial storefront in the front and a private residential retreat in the back. The living space offers an open floor plan with beautiful wood tile, new LVP flooring in the bedroom and office, and a spacious kitchen with stainless steel appliances. Located in a secure, gated community with underground garage parking, top-tier amenities include a pool, fitness center, spa, and walking paths. Unbeatable location near ASU, Mill Ave, the 101, and the Light Rail!

Listing Details MLS# 7035378

Location, Tax & Legal

House Number: 1111
Compass: W
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5063
Country: US
County Code: Maricopa
Assessor Number: 124-61-174
Subdivision: VALE CONDOMINIUMS
Tax Year: 2025
Unit #: 1016
Assessor's Map #: 61
Legal Description (Abbrev): LOT 1016 VALE CONDOMINIUMS MCR 067448
Assessor's Parcel #: 174
Tax Municipality: Maricopa - COUNTY
Taxes: 2040

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Townhouse
Dwelling Styles: Attached
Exterior Stories: 3
# of Interior Levels: 2
# Bedrooms: Yes
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1137
Price/SqFt: 294.55
Horses: N
Builder Name: Uknown
Year Built: 2005
Approx Lot SqFt: 1206
Approx Lot Acres: 0.028
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Broadmor Elementary School
Jr. High School: McKemy Academy of International Studies
High School: Tempe High School
Half Bathrooms: 0

Remarks Misc

Cross Street: MILL AVE AND UNIVERSITY DR

Legal Info

Township: m1N
Range: 4E
Section: 21
Lot Number: 1016

Basement

Basement Y/N: N

More Information

Items Updated

Floor Partial/Full: Partial

Parking Spaces

Garage Spaces: Yes
Total Covered Spaces: Yes
Slab Parking Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Special Listing Cond

N/A: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Foam: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 250
HOA Fee: 558.88
HOA Paid Frequency: Monthly
HOA Name: Vale Condominiums
HOA Telephone: 602-437-4777
HOA Management Company: City Prop. Mgmt.
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 996
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 558.88
Disclosure Fees HOA: 400
Other Fees HOA: 100
Other Fees Description: New Owner Set Up Fee
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 558.88

Lockbox Type

Other: Yes

Master Bathroom

Full Bth Master Bdrm: Yes

Flooring

Tile: Yes
Vinyl: Yes

Community Features

Community Spa: Yes
Community Spa Htd: Yes
Gated: Yes
Workout Facility: Yes

Dining Area

Eat-in Kitchen: Yes

Heating

Electric: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Electric Oven: Yes
Electric Range: Yes
Built-in Microwave: Yes
Refrigerator: Yes

Cooling

Central Air: Yes

Interior Features

Fire Sprinkler System: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes

Other Rooms

Separate Workshop: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: Yes
High Speed Internet: Yes

Fencing

Block: Yes

Water Source

City Water: Yes

Community Pool Features

Outdoor: Yes

Exterior Features

Patio: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

Parking Features

Assigned Parking: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Plumbing

Electric Hot Wtr Htr: Yes

Utilities

APS: Yes

Existing 1st Loan

Conventional: Yes

Landscaping

None: Yes

Unit Style

All on One Level: Yes

Disclosures

Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Exterior Mnt of Unit: Yes
Roof Repair: Yes
Roof Replacement: Yes
Blanket Ins Policy: Yes
Water: Yes
Sewer: Yes
Garbage Collection: Yes
Pest Control: Yes
Front Yard Maint: Yes
Common Area Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
Rental OK (See Rmks): Yes
Clubhouse: Yes
Prof Managed: Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm Flooring: Tile; Vinyl Community Pool Features: Outdoor Spa: None Community Features: Community Spa; Community Spa Htd; Gated; Workout Facility Dining Area: Eat-in Kitchen Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator Laundry: Washer Included; Dryer Included Other Rooms: Separate Workshop Interior Features: Fire Sprinkler System Technology: Cable TV Avail; High Speed Internet Exterior Features: Patio Parking Features: Assigned Parking Construction: Block Const - Finish: Painted Roofing: Foam Cooling: Central Air Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Other Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Front Yard Maint; Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Agency Discl Req

Listing Office: Bolzano Realty

Last Updated: May - 30 - 2026