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$320,000
1111 W UNIVERSITY Drive, 1014
Tempe, AZ 85281
MLS# 6235953
Status: Closed
1 beds  |  2 baths


1111 W UNIVERSITY Drive, 1014, Tempe, AZ 85281
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Property Description
Finally! the Live/Work unit you've been waiting for. Architect Will Burder's The Vale. Post-modern colors juxtapose industrial elements, an ode to Le Corbusier. Staggered windows and grand arches mimic create an interior cityscape. Mature blue agave, mesquite, and palo verde line the courtyard. Walk to Yatai ramen located on-site at the Vale, or take a short walk to Hardy Dr for Harlow's Cafe, Cornish Party, or Cafe Lalibela. This is a community unlike any in Tempe. HOA allows daily rentals! AIRBNB! 1 bedroom plus an office with 2 full bathrooms provide the flexibility to use the office space as a bedroom with the addition of an armoire. 1 underground gated parking space and additional private storage come with the Unit. Large private patio - you will live outside in the winter.

Details
Maps
Contract Information
Status Change Date: 2021-06-30
Sold Price: $320,000
Status: Closed
Current Price: $320,000
List Date: 2021-05-14
Type: ER
Ownership: Condominium
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: R36
House Number: 1111
Compass: W
Street Name: UNIVERSITY
St Suffix: Drive
Unit #: 1014
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5063
Country: USA
County Code: Maricopa
Assessor's Map #: 61
Assessor's Parcel #: 172
Assessor Number: 124-61-172
Legal Description (Abbrev): VALE CONDOMINIUMS MCR 674-48 UNIT 1014 (PLEASE NOTE: FOR LEGAL DESCRIPTION REFERENCES REGARDING THE
Subdivision: VALE CONDOMINIUMS
Tax Municipality: Tempe
Taxes: 1533
Tax Year: 2021
General Property Description
Dwelling Type: Apartment Style/Flat
Dwelling Styles: Attached
Exterior Stories: 3
# of Interior Levels: 1
# Bedrooms: 1
# Bathrooms: 2
Approx SQFT: 1137
Price/SqFt: 281.44
Horses: N
Builder Name: Unknown
Year Built: 2005
Approx Lot SqFt: 120
Approx Lot Acres: 0.003
Pool: Community Only
Elementary School: Holdeman Elementary School
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Cross Street: University and Priest
Directions: East on University to property on the right. 2hr parking adjacent to university.
Geo Lat: 33.421729
Geo Lon: -111.955746
Status Change Info
Off Market Date: 2021-05-20
Under Contract Date: 2021-05-20
Close of Escrow Date: 2021-06-30
Sold Price: $320,000
Legal Info
Township: 1N
Range: 4E
Section: 21
Lot Number: 1014
Association & Fees
HOA Y/N: Y
HOA Transfer Fee: 160
HOA Fee: 270
HOA Paid Frequency: Monthly
HOA Name: Vale Condominiums
HOA Telephone: 480-829-7400
HOA Management Company: PMG
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 540
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 270
Architect
Architect: Will Bruder FAIA
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: Y
Parking Spaces
Garage Spaces: 1
Total Covered Spaces: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: Owner/Agent
Architecture: Contemporary
Master Bathroom: 3/4 Bath Master Bdrm
Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet
Fireplace: No Fireplace
Flooring: Concrete; Tile
Windows: Sunscreen(s); Dual Pane
Pool Features: No Pool
Spa: None
Community Features: Community Pool; Community Spa; Community Spa Htd; Gated Community; Near Bus Stop; Workout Facility
Dining Area: Eat-in Kitchen
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry
Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer; Inside
Other Rooms: Great Room
Features: 9+ Flat Ceilings; Fire Sprinklers; No Interior Steps; Furnished(See Rmrks)
Technology: Cable TV Avail; High Speed Internet Available; Security Sys Owned
Exterior Features: Covered Patio(s)
Parking Features: Assigned Parking; Community Structure; Electric Door Opener; Gated Parking; Separate Strge Area
Construction: Block
Const - Finish: Other (See Remarks)
Roofing: Built-Up
Cooling: Refrigeration; Ceiling Fan(s); Programmable Thmstat
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: APS
Water: City Water
Sewer: Sewer - Public; Sewer in & Cnctd
Services: City Services
Fencing: Other
Property Description: Corner Lot; North/South Exposure; Borders Common Area
Landscaping: Desert Front; Desert Back
Lockbox Type: Supra (ARMLS)
Possession: Close of Escrow
Unit Style: Two Common Walls; Neighbor Above; End Unit; Ground Level; Courtyard Facing; Street Facing
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Front Yard Maint; Common Area Maint
Assoc Rules/Info: Pets OK (See Rmrks); Rental OK (See Rmks); Clubhouse/Rec Center; Prof Managed
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Metro Realty

Last Updated: February - 23 - 2023

1111 W UNIVERSITY Drive, 1014, Tempe, AZ 85281 - MLS# 6235953
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