11 days on rocket

1111 E University Dr Unit 242, Tempe, AZ, 85288

$250,000

Home List Price

$2,969*

Closing Credit

1 Bedroom
1 Bath
631 SqFt
$396/SqFt
Multi
Schools Nearby

Location

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1111 E University Dr Unit 242, Tempe$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAssigned
Year Built1981
HeatingElectric
FireplaceNone
MLS #6704492
Lot Size0.01 Acres
StatusActive

About 1111 E University Dr Unit 242

This is a one-bedroom condo super close to the ASU Campus. It is freshly painted in neutral colors and ready to move in. The complex has a covered parking spot, pool, and clubhouse to enjoy. Why rent for years while in school when you can own a unit and enjoy the appreciation? Only a few come available in this complex. Appliances are included, and there is even laundry in the unit.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 2
  • Living Area: 631 SqFt

Listing Office:

  • Office Name: Blue Sky Living, LLC
  • Office Phone: (480) 699-7577
  • Listing Agent: Doug McVinua

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Interior: Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm, High Speed Internet, Laminate Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Storage

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Grass Front
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Laird Elementary School, Public District Grades KG-8
  • Ward Traditional Academy, Public District Grades KG-8

Other

Directions Information:

  • Directions: East on University to the 2nd (East) entrance to Tempe Villa. Parking spots on the left as soon as you exit the street. The building is the far NE building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $396/SqFt

HOA Fees:

  • Amount: $225
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $935
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Tempe, AZ.

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Tempe, AZ

City

Med. Sold Price

$470.2K

Med. Price/SqFt

$302

Avg. Days On Market

42

# of Sold Homes

111

1111 E University Dr Unit 242 vs Tempe

11 DAYS ON ROCKET

-31 Days

$250,000

-$220.2K Less

$396/SqFt

+$93 More

KEY TAKEAWAY

This property is $220.2K less than the Median Sold Price and $93/SqFt more than other homes in Tempe, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6704492

Listing Office:

  • Office Name: Blue Sky Living, LLC
  • Office Phone: (480) 699-7577
  • Listing Agent: Doug McVinua

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2024, 9:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 06, 2013Home Sold
$77,500

Tax History

YEARPROP. TAXASSESSMENT
2021$935$10,900
2020$906$10,060
2019$867$9,700
2017$842$7,070

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-583258
3
/10

  • Laird Elementary School

  • 1500 N Scovel St

  • 1.65 miles

  • Public District Grades KG-8

school-card-donut-583259
10
/10

  • Ward Traditional Academy

  • 1965 E Hermosa Dr

  • 2.68 miles

  • Public District Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,702. Most Tempe, AZ residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Maricopa County›Tempe›85288›1111 E University Dr Unit 242

This home is located at 1111 E University Dr Unit 242 in Tempe, AZ and zip code 85288. This 631 square foot home, which was built in 1981, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 12, 2024 and is currently priced at $250,000.

Tempe, AZ housing market in April 2024 saw over 17 listings sold above listed price, more than 27 sold at listed price and over 67 sold below. The number of homes for sale in Tempe, AZ increased by 10.4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $470,285, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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