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1111 University Dr

Tempe, AZ 85281

2 bd 2 ba 1,404 sqft Built 2005 Lot 90 sqft townhomes
Most recent sale
$480,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2025 Listed $499,000 ArizonaRegionalMLS
Feb 18, 2025 Price changed $499,000 ArizonaRegionalMLS
Feb 6, 2025 Price changed $510,000 ArizonaRegionalMLS
Jan 3, 2025 Listed $525,000 ArizonaRegionalMLS
May 2, 2022 Sold $480,000 MLS #6376289
Mar 31, 2022 Listed $450,000 MLS #6376289
Jun 8, 2020 Sold $284,000 MLS #6054344
Oct 31, 2019 Price changed $309,999 MLS #5995392
Oct 23, 2019 Listed $310,000 MLS #5995392
Dec 31, 2012 Sold $169,250 Public Record
Nov 6, 2012 Price changed $174,900 MLS #4797639
Oct 5, 2012 Price changed $184,900 MLS #4797639
Sep 5, 2012 Price changed $199,900 MLS #4797639
Aug 2, 2012 Listed $218,900 MLS #4797639
Sep 19, 2005 Sold $260,396 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $36,560 $2,030
2024 $36,560 $1,885
2023 $34,700 $1,862
2022 $19,560 $4,890 $24,450 $1,778
2021 $19,370 $4,840 $24,210 $1,814
2020 $18,320 $4,580 $22,900 $1,753
2019 $14,860 $3,710 $18,570 $1,979
2018 $15,320 $3,830 $19,150 $1,930
2017 $15,200 $3,800 $19,000 $1,873
2016 $14,790 $3,690 $18,480 $1,860
2015 $12,550 $3,130 $15,680 $1,786
2014 $10,810 $2,700 $13,510 $1,843
2013 $8,280 $2,070 $10,350 $1,574
2012 $8,280 $2,070 $10,350 $1,866
2011 $10,840 $2,710 $13,550 $1,721
2009 $24,640 $6,160 $30,800 $2,115
2008 $25,080 $6,270 $31,350 $1,945
2007 $17,200 $4,300 $21,500 $1,580

Property facts

Year built
2005
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,404 sqft
Lot size
90 sqft
ZIP code
85281
City
Tempe
Street
University Dr
Coordinates
33.42173, -111.95617

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,176
Gross rental yield
5.44%
Implied cap rate
3.54%
Trend-extrapolated value

Frequently asked questions

When did 1111 University Dr last sell?
1111 University Dr most recently sold on May 2, 2022 for $480,000.
What is the current tax assessment for 1111 University Dr?
The most recent total assessment for 1111 University Dr (year 2025) is $36,560 with $2,030 in property tax.
How does 1111 University Dr's assessment compare to its last sale price?
The current assessment is 92.4% below the last sale price of $480,000.
When was 1111 University Dr built?
1111 University Dr was built in 2005.
How does 1111 University Dr compare to others on University Dr?
We track 8 other properties on University Dr. Browse the list under "Other properties on University Dr" to compare beds, baths, and sale history.
What are the property facts for 1111 University Dr?
1111 University Dr is a 2 bed, 2 bath, 1,404 sqft, 90 sqft lot townhomes.
Is 1111 University Dr a flip candidate?
Yes — 1111 University Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1111 University Dr a tax-appeal candidate?
No — 1111 University Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.5%
Implied 1-yr
-9.9%
2026 Q3
$431.3K
2026 Q4
$418.6K
ZIP 85281 — Median Price History + Forecast

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