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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
    : 
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    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.
    169 days
    |
    443
    |
    7
    |

    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

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      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: 169 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

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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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