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$459,385Estimated home value

Beds
2
Baths
2.0
sq ft
1,404

1111 West University Drive Unit 1017, Tempe, AZ 85281

1111 West University Drive Unit 1017

Tempe, AZ 85281

  • Sold On 5/2/2022
Incredible location near ASU! Modern loft-style condo being offered fully furnished. MOVE IN READY! 2 Beds, 2 Baths high ceiling condo with Bonus Loft! The Vale is Tempe's most iconic community designed by world-famous architect Will Bruder. Upgraded unit with stainless steel appliances, new fans, huge ceilings, and oversized private patio. Each bedroom has its own walk in closet and private bath. Loft can be used for game room, office, or additional room space. This secure gated community includes a pool, spa, gym, 2 assigned underground parking spaces, and unit storage. Incredible location, minutes to the airport. Less than 1 mile to ASU, light rail, Mill Ave, Whole Foods, downtown Tempe, Tempe Town Lake, A Mountain, restaurants, and so much more.

Details

Property type

Condominium

Est. home value

$459,385

Lot size

90 sq ft

Price per sq ft

$321

Year built

2005

Annual property taxes

$1,814

Monthly HOA fee

$297

Price History

03/02/2025
ArizonaRegional

ArizonaRegional #6799778

Removed
$499,000
02/18/2025
ArizonaRegional

ArizonaRegional #6799778

Price change
$499,000
-2.16%
02/06/2025
ArizonaRegional

ArizonaRegional #6799778

Price change
$510,000
-2.86%

Schools & Community

Neighborhood: 

Gililland

Elementary school: 

Holdeman Elementary School

Middle school: 

Geneva Epps Mosley Middle School

High school: 

Tempe High School

Community features: 

Gated, Clubhouse, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$51,012
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$362,988
Cash to seller
$51,012

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

April 2022

Original loan amount

$384,000

Est. remaining balance

$362,988

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Scott Schmelder and Christopher A Dangerfield

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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ArizonaRegional
$474,900
2 bd
|
2 ba
|
1,208 sq ft
|
Condo

945 East Playa Del Norte Drive Unit 5005, Tempe, AZ 85288

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Sold
ArizonaRegional
$399,900
2 bd
|
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945 East Playa Del Norte Drive Unit 1012, Tempe, AZ 85288

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Pending
ArizonaRegional
$550,000
2 bd
|
2 ba
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1,208 sq ft
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945 East Playa Del Norte Drive Unit 1014, Tempe, AZ 85288

Status: Off Market

Tomo last checked: 04/07/2025 at 12:00 PM

Listing updated: 02/27/2025 at 12:14 PM

Listed by: Michelle Mazzola, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 467-4900

MLS: ArizonaRegional #6376289

ArizonaRegional logo

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