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$334,900 Just Listed
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Property 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!
Full Property Details
Full Property Details for 1111 W University Dr #1016
General
- Price: $334,900
- HOA FEE: $559/month
- Taxes: $2,040 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7035378
- Updated: 5/30/2026
- 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 ATTOM Data Solutions 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
5/30/2026
Listed
$334,900
—
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
—
$17,026
-44%
2025
$2,041
8%
$30,600
-2%
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# 7035378) is a Townhouse property with 1 bedroom and 2 full bathrooms. 1111 W University Drive #1016 is currently listed for $334,900 and was received on May 30, 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.

