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For sale
    • Price cut: $5K (6/8)
    $455,000

    120 E RIO SALADO Parkway #406, Tempe, AZ 85281

    1beds
    1,168sqft
    : 
    $3,829/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $390/sqft
    $1,089/mo HOA

    What's special

    Open concept floor planWaterfront condominiumAlong tempe town lakePrimary suiteFloor-to-ceiling windowsAbundant natural lightSpacious residence
    Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with soaking tub, glass-enclosed shower, and generous closet space. Enjoy outdoor living from the private covered balcony overlooking the water. The unit includes a dedicated parking space and storage unit. Community amenities include pool, spa, fitness center, sauna, and on-site management. Minutes from the light rail station, a short walk to Mill Avenue, nearby walking paths, restaurants, and ASU.
    216 days
    |
    406
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marissa Diaz 480-667-1448,

    Real Broker,

    Shauna L Slevin 480-410-2550,

    Real Broker

    Source: ARMLS,MLS#: 6967321MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Washer/Dryer Stacked, Built-in Microwave, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Built-In Gas Oven
      • Laundry: Inside
      Features
      • Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Carpet, Tile
      • Windows: Triple Pane Windows
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,168
      • Total interior livable area: 1,168 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Gated, Assigned
      • Attached garage spaces: 1
      Features
      • Stories: 1
      • Exterior features: Balcony, Storage
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: None
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 1,168 Square Feet
      • Features: None, East/West Exposure
      Details
      • Parcel number: 13220046

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other,Contemporary
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Steel Frame, Painted
      • Roof: Built-Up,Concrete
      Condition
      • Year built: 2006
      Details
      • Builder name: Residential Constructors

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool, Lake, Gated, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Community Media Room, Biking/Walking Path, Fitness Center
      • Security: Fire Sprinkler System, Security Guard
      • Subdivision: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
      HOA
      • Has HOA: Yes
      • Services included: Insurance, Sewer, Cable TV, Maintenance Grounds, Gas, Trash, Water, Roof Replacement, Maintenance Exterior
      • HOA fee: $1,089 monthly
      • HOA name: Edgewater
      • HOA phone: 480-966-3369
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $390/sqft
      • Tax assessed value: $365,300
      • Annual tax amount: $2,954
      • Date on market: 1/15/2026
      • Cumulative days on market: 216 days
      • Listing terms: Cash,Conventional
      • Ownership: Condominium
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Price change$455,000-1.1%$390/sqft
        Source: ARMLS #6967321 Report a problem
        3/25/2026Price change$460,000-2.1%$394/sqft
        Source: ARMLS #6967321 Report a problem
        1/15/2026Listed for sale$470,000+6.5%$402/sqft
        Source: ARMLS #6967321 Report a problem
        2/28/2025Sold$441,500-7.1%$378/sqft
        Source: ARMLS #6728924 Report a problem
        11/16/2024Price change$475,000-2.1%$407/sqft
        Source: ARMLS #6728924 Report a problem
        9/16/2024Price change$485,000-11.7%$415/sqft
        Source: ARMLS #6728924 Report a problem
        8/2/2024Price change$549,000-4.5%$470/sqft
        Source: ARMLS #6728924 Report a problem
        7/9/2024Listed for sale$575,000+221.6%$492/sqft
        Source: ARMLS #6728924 Report a problem
        5/6/2015Listing removed$1,875$2/sqft
        Source: DPR Realty LLC #5234775 Report a problem
        3/20/2015Listed for rent$1,875-3.8%$2/sqft
        Source: DPR Realty LLC #5234775 Report a problem
        2/17/2015Listing removed$1,950$2/sqft
        Source: DPR Realty LLC #5234775 Report a problem
        2/11/2015Listed for rent$1,950+9.9%$2/sqft
        Source: DPR Realty LLC #5234775 Report a problem
        4/8/2014Listing removed$1,775$2/sqft
        Source: DPR Realty LLC #5000250 Report a problem
        12/22/2013Price change$1,775-5.3%$2/sqft
        Source: DPR Realty LLC #5000250 Report a problem
        10/24/2013Price change$1,875-3.8%$2/sqft
        Source: DPR Realty LLC #5000250 Report a problem
        9/18/2013Listed for rent$1,950+5.4%$2/sqft
        Source: DPR Realty LLC #5000250 Report a problem
        2/23/2013Listing removed$1,850$2/sqft
        Source: DPR Realty, LLC #4876722 Report a problem
        1/18/2013Listed for rent$1,850$2/sqft
        Source: DPR Realty, LLC #4876722 Report a problem
        12/14/2010Sold$178,800-4.8%$153/sqft
        Source: ARMLS #4449965 Report a problem
        10/29/2010Price change$187,900-3.4%$161/sqft
        Source: J and F Associates #4449965 Report a problem
        9/30/2010Price change$194,500-8.3%$167/sqft
        Source: J and F Associates #4449965 Report a problem
        9/17/2010Listed for sale$212,000-25.7%$182/sqft
        Source: J and F Associates #4449965 Report a problem
        2/16/2010Sold$285,404-43.6%$244/sqft
        Source: Public Record Report a problem
        6/16/2006Sold$505,749$433/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,942 +7%$36,530 -2.8%
        2024$2,749 +1.2%$37,600 +68.2%
        2023$2,716 +3.8%$22,355 -17.7%
        2022$2,616 +2.4%$27,170 +0.1%
        2021$2,554 +1.9%$27,150 +15.1%
        2020$2,506 +2.5%$23,580 -10.2%
        2019$2,444 $26,270 -3.3%
        2018$2,444 +3.1%$27,170 +2.2%
        2017$2,371 +4.9%$26,580 +16.8%
        2016$2,261 +3.4%$22,760 +24%
        2015$2,188 $18,350 +27.3%
        2014-- $14,410 +7.1%
        2013-- $13,450
        2012-- $13,450 -53.4%
        2011-- $28,850 -29.8%
        2010-- $41,100 +2.9%
        2009-- $39,950 -7.5%
        2008-- $43,200 +881.8%
        2007-- $4,400
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 85281

        Getting around

        46 / 100
        Car-Dependent
        66 / 100
        Good Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Tempe Elementary Online Community
        • Middle: McKemy Academy of International Studies
        • High: McClintock High School
        • District: Tempe School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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