1111 W UNIVERSITY Drive 1016, Tempe, AZ 85281 (MLS# 6988579)

1111 W UNIVERSITY Drive 1016, Tempe, AZ 85281

$349,000

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

Current Price: $349,000 Last Modified: 2/23/2026

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.

More Information MLS# 6988579

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $349,000 Status: Active Current Price: $349,000 List Date: 2026-02-23

Location, Tax & Legal

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 House Number: 1111 Compass: W Street Name: UNIVERSITY St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 5063 County Code: Maricopa Assessor Number: 124-61-174 Subdivision: VALE CONDOMINIUMS Tax Year: 2025

General Property Description

Dwelling Styles: Attached # of Interior Levels: 2 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1137 Price/SqFt: 306.95 Approx Lot SqFt: 1206 Approx Lot Acres: 0.028 Horses: N Builder Name: Uknown 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 Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: No Dwelling Type: Townhouse Exterior Stories: 3 # Bedrooms: 1 Total Bathrooms: 2 Year Built: 2005

Legal Info

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

Special Listing Cond

N/A: 1

Construction

Block: 1

Const - Finish

Painted: 1

Roofing

Foam: 1

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

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Other: 1

Master Bathroom

Full Bth Master Bdrm: 1

Flooring

Tile: 1 Vinyl: 1

Community Features

Community Spa: 1 Community Spa Htd: 1 Gated: 1 Workout Facility: 1

Dining Area

Eat-in Kitchen: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Electric Oven: 1 Electric Range: 1 Built-in Microwave: 1 Refrigerator: 1

Cooling

Central Air: 1

Interior Features

Fire Sprinkler System: 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Other Rooms

Separate Workshop: 1

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

City Water: 1

Community Pool Features

Outdoor: 1

Exterior Features

Patio: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 1 Garage Spaces: 1

Parking Features

Assigned Parking: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Plumbing

Electric Hot Wtr Htr: 1

Utilities

APS: 1

Existing 1st Loan

Conventional: 1

Landscaping

None: 1

Items Updated

Floor Partial/Full: Partial

Unit Style

All on One Level: 1

Disclosures

Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Roof Replacement: 1 Blanket Ins Policy: 1 Water: 1 Sewer: 1 Garbage Collection: 1 Pest Control: 1 Front Yard Maint: 1 Common Area Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Rental OK (See Rmks): 1 Clubhouse: 1 Prof Managed: 1

Remarks Misc

Cross Street: MILL AVE AND UNIVERSITY DR Geo Lat: 33.421723 Geo Lon: -111.955243

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: February - 23 - 2026