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$524,909
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Property Description
Penthouse Living in Downtown Tempe! Welcome to this stunning 3rd-floor penthouse condominium at The Vale, one of downtown Tempe's most iconic residential communities designed by renowned architect Will Bruder. Offering 3 bedrooms, 3 bathrooms, and 2,257 square feet, this modern residence blends architectural drama with everyday comfort. The expansive great room immediately impresses with its soaring 22-foot vaulted ceilings and a north-facing wall of windows showcasing breathtaking views of Camelback Mountain and Tempe. Upstairs, additional south-facing windows capture scenic vistas of Diablo Mountain and South Tempe, filling the home with natural light throughout the day. The open-concept kitchen is designed for both function and style, featuring quartz countertops, modern cabinetry, a breakfast bar, pantry storage, and stainless steel appliances, including a side-by-side counter-depth refrigerator. Porcelain tile flows through the kitchen, laundry, and bathrooms, while neutral carpeting adds warmth to the living areas and bedrooms. All 3 bedrooms include walk-in closets, with the primary suite offering a spa-like retreat complete with a walk-in shower, soaking tub, and dual sinks. A spacious loft provides flexible space ideal for a home office, media room, or creative studio, enhanced by adjustable cable lighting. This home has been thoughtfully updated with a full remodel in 2020 and fresh interior paint in 2025, along with a new HVAC system (2023). Additional features include double-pane windows, a fire sprinkler system, an alarm system with motion and door sensors, pendant lighting, wall sconces, and ceiling fans with lights throughout. The community itself has seen significant recent improvements, including exterior painting, new landscaping, pool and hot tub resurfacing, and updated entry gate hardware (2024-2025). Residents enjoy a heated pool and spa, fitness center, gated access, and pet-friendly green space. Parking is a breeze with a spacious 2-car detached garage plus underground parking, offering ample storage. Perfectly located just one mile from ASU, with the Tempe Orbit shuttle stop right outside the gate, this highly walkable and bike-friendly neighborhood places you minutes from restaurants, shopping, Tempe Lake Park, the Center for the Arts, and Sky Harbor International Airport. This is penthouse living at its finest: modern, architectural, and perfectly positioned in the heart of it all.
Full Property Details
Full Property Details for 1111 W University Dr #3011
General
- Price: $524,909
- HOA FEE: $559/month
- Taxes: $3,540 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6962025
- Updated: 12/31/2025
- Added to Site: 17 day(s) ago
Interior
- Interior Features: High Speed Internet, Double Vanity, Master Downstairs, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Unassigned, Garage Door Opener, Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: VALE CONDOMINIUMS
- Cross Streets: University & Priest
Community
- Association: Yes
- Assoc. Name: Vale Condominium
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary,
- Builder: Bruder-Wespac
- Exterior Const.: Stucco, Steel Frame, Wood Frame, Painted, Block
- Roof: Metal
- Common Walls: 1 Common Wall, Neighbor Below, End Unit
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2005
Lot Features
- Property View: City Lights, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,443
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Alley, Desert Back, Desert Front
Financial Considerations
- Association Fee: $559
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,540
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 3011 VALE CONDOMINIUMS MCR
- Property ID: 124-61-207
- Range: 4E
- Section: 21
- Lot Number: 3011
Listed by Keller Williams Arizona Realty
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Schools
Schools serving 1111 W University Dr #3011
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 #3011
Date
Details
Price
Change
Source
12/31/2025
Listed
$524,909
—
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 #3011
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,540
7%
$46,060
2%
2024
$3,309
1%
$45,000
2%
2023
$3,269
4%
$44,000
6%
2022
$3,136
—
$41,700
29%
2022
$3,136
-1%
$32,260
11%
2021
$3,157
3%
$29,010
6%
2020
$3,061
2%
$27,250
3%
2019
$3,003
3%
$26,400
-5%
2018
$2,929
3%
$27,810
-2%
2017
$2,842
1%
$28,360
-1%
2016
$2,822
4%
$28,730
11%
2015
$2,710
-3%
$25,860
26%
2014
$2,799
17%
$20,550
31%
2013
$2,388
—
$15,700
—
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 #3011
1111 W University Drive #3011, Tempe, AZ 85281 (MLS# 6962025) is a Apartment property with 3 bedrooms and 2 full bathrooms. 1111 W University Drive #3011 is currently listed for $524,909 and was received on December 31, 2025. Want to learn more about 1111 W University Drive #3011? Do you have questions about finding other Apartment real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

