Skip to content
No photos available

1111 W UNIVERSITY Drive 1016, Tempe, AZ 85281

VALE CONDOMINIUMS · Maricopa County

Key Facts

1Beds
2Baths
1,137Sq Ft
2005Year Built
0.03Lot (acres)
1Garage
3Stories

Listing Courtesy: Bolzano Realty - 6233402426

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!

Property Information

Property Type

Residential

Sub-Type

Townhouse

Year Built

2005

Stories

3

Living Area

1,137 sq ft

Lot Size

0.03 acres

Garage Spaces

1

Listing #

7035378

Property Features

Interior

High Speed InternetEat-in Kitchen

Appliances

DryerWasherRefrigeratorDishwasherDisposalElectric RangeElectric OvenMicrowave

Cooling

Central Air

Heating

Electric

Flooring

VinylTile

Parking

Assigned

Patio

Patio

Fencing

Block

Construction

Block

Roof

Foam

Security

Fire Sprinkler System

Community

PoolGatedFitness Center

Utilities

Cable Available

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:
Broadmor Elementary School
Middle:
McKemy Academy of International Studies
High:
Tempe High School

Financial Details

HOA

$559 / Monthly

Vale Condominiums

Annual Taxes

$2,040

Tax year 2025

Parcel Number

124-61-174

Affordability Calculator

$64,980

Estimated monthly payment

$1,729/mo

Principal $259,920 · Est. interest $362,612 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Tempe, AZ

$470,732
Median Listing Price
57
Median Days on Market
1,461
Median Sq Ft
$312
Median Price / Sq Ft
466
Active Listings
  • This home’s price is 31% below the area median.
  • Its price per sq ft is 8% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Tempe, AZ.

Location

Map showing the location of 1111 W UNIVERSITY Drive 1016, Tempe, AZ 85281

Points of Interest in Tempe, AZ

Showing the Tempe area map.

Nearby Schools

  • Scales Technology Academy

    Secondary · 0.2 mi away

  • Gililland Middle School

    Secondary · 0.3 mi away

  • Holdeman Elementary School

    Elementary · 0.8 mi away

  • 360 Educational Services

    School · 1.0 mi away

  • Lattie F. Coor Hall

    School · 1.1 mi away

  • Phoenix Metro Islamic School

    School · 1.1 mi away

  • Tempe High School

    Secondary · 1.2 mi away

  • Learning Crssrads Bsic Academy

    School · 1.2 mi away

  • Heartprints Montessori

    Elementary · 1.6 mi away

  • Apollo Group

    School · 1.6 mi away

  • Love & Learn Preschool

    School · 1.7 mi away

  • Broadmor Elementary School

    Elementary · 1.7 mi away

  • McKemy Middle School

    School · 1.7 mi away

  • Bright Ideas Childcare

    School · 2.1 mi away

  • Emmanuel Lutheran School

    School · 2.1 mi away

  • Great Hearts Academies

    Secondary · 2.1 mi away

  • Vita High School

    Secondary · 2.1 mi away

  • Our Lady of Mt Carmel School

    Elementary · 2.1 mi away

  • Pinnacle Education

    School · 2.2 mi away

  • MGRM Pinnacle

    Secondary · 2.2 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Tempe

Arizona logo
Copyright ©2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: 2026-05-30

LC720682000

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by ArizonaRegional. Listing #7035378. © 2026EXIT Realty®. All rights reserved.