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$349,000 Just Listed
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Property Description
Don't miss out on this amazing modern Townhome! This unit includes a LIVE/WORK space with a large retail / commercial space in the front of the building with living space in the back. The resident side has an open floor plan with new LVP flooring in bedroom and office, beautiful wood tile flooring and a large kitchen with stainless steel appliances. The home is in a Gated Community with underground, secure garage parking! Community features include: Pool, fitness center, spa, and walk path. Close to ASU, Mill Ave, 101 Freeway, Light Rail, etc.
Full Property Details
Full Property Details for 1111 W University Dr #1016
General
- Price: $349,000
- HOA FEE: $559/month
- Taxes: $2,040 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6988579
- Updated: Today (2/23/2026)
- Added to Site: Today
Interior
- Interior Features: High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Additional Information
- Security/Safety: Fire Sprinkler System
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Assigned
Location
- County: Maricopa
- Township: m1N
- Subdivision: VALE CONDOMINIUMS
- Cross Streets: MILL AVE AND UNIVERSITY DR
Community
- Association: Yes
- Assoc. Name: Vale Condominiums
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Builder: Uknown
- Exterior Const.: Painted, Block
- Roof: Foam
- Sq. Ft. Source: Assessor
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,206
- Lot Size Source: Assessor
- Lot Features: None
Financial Considerations
- Association Fee: $559
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,040
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 1016 VALE CONDOMINIUMS MCR 067448
- Property ID: 124-61-174
- Range: 4E
- Section: 21
- Lot Number: 1016
Listed by Bolzano Realty
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Schools
Schools serving 1111 W University Dr #1016
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Holdeman Elementary School 1326 West 18th Street, Tempe, AZ 85281 | K-5 | 0.8 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 0.3 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1111 W University Dr #1016
Date
Details
Price
Change
Source
2/23/2026
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1111 W University Dr #1016
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,041
7%
$30,600
-5%
2024
$1,907
1%
$32,230
3%
2023
$1,884
4%
$31,380
6%
2022
$1,807
—
$29,510
32%
2022
$1,807
-1%
$22,360
9%
2021
$1,820
3%
$20,510
9%
2020
$1,765
2%
$18,810
12%
2019
$1,731
3%
$16,800
—
2018
$1,688
3%
$16,820
2%
2017
$1,638
1%
$16,420
3%
2016
$1,626
4%
$16,010
18%
2015
$1,562
-3%
$13,600
16%
2014
$1,609
17%
$11,770
30%
2013
$1,377
—
$9,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1111 W University Dr #1016
1111 W University Drive #1016, Tempe, AZ 85281 (MLS# 6988579) is a Townhouse property with 1 bedroom and 2 full bathrooms. 1111 W University Drive #1016 is currently listed for $349,000 and was received on February 23, 2026. Want to learn more about 1111 W University Drive #1016? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

