Prime Tempe Opportunity & PRICED TO SELL! This 2 bed, 1 bath condo in Rio Salado Villas offers incredible potential for a lock-and-leave residence or as an investment property. Inside, the layout features an open living & dining area with tile flooring & a cozy fireplace, plus a functional kitchen with ample cabinetry. One bedroom includes a walk-in closet, while the full bath offers a dual vanity & shower/tub combo. Enjoy access to the community pool & well-maintained grounds, all in an unbeatable Central Tempe location near the highly desirable ASU campus, Tempe Town Lake, Tempe Center for the Arts, Mill Avenue's restaurants & shops, Phoenix Sky Harbor Airport & major freeways including Loop 202, AZ-143 & I-10. Great bones with a fantastic opportunity to add value in one of Tempe's most convenient locations.
Sold for $230,000
Zestimate®
$230,000
1245 W 1ST Street #213, Tempe, AZ 85281
2beds
897sqft
Townhouse
Built in 1985
883 Square Feet Lot
$230,000 Zestimate®
$256/sqft
$1,687 Estimated rent
Home value
$230,000
$212,000 - $251,000
$1,687/mo
Zestimate® history
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$1,275/mo
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List your homeWhat's special
Cozy fireplaceWell-maintained groundsTile flooring
Zillow last checked:
Listing updated:
Listed by:
Kim Panozzo 480-307-8326,
HomeSmart,
Michael Fingleton 602-481-1996,
HomeSmart
Bought with:
Kristen Bendel, SA718569000
My Home Group Real Estate
Ryan A Ralston, SA663343000
My Home Group Real Estate
Source: ARMLS,MLS#: 6993547
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
Appliances
- Included: Dryer, Washer, Refrigerator, Dishwasher, Electric Range
- Laundry: Inside
Features
- High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Full Bth Master Bdrm, Laminate Counters
- Flooring: Carpet, Tile
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall,Neighbor Below
Interior area
- Total structure area: 897
- Total interior livable area: 897 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned
- Carport spaces: 1
Features
- Stories: 2
- Exterior features: Balcony
- Spa features: None
- Fencing: None
Lot
- Size: 883 Square Feet
- Features: None, East/West Exposure
Details
- Parcel number: 12428085
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame, Painted
- Roof: Built-Up
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Pool
- Subdivision: RIO SALADO VILLAS
HOA
- Has HOA: Yes
- Services included: Roof Repair, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Maintenance Exterior
- HOA fee: $225 annually
- HOA name: Rio Salado Villas
- HOA phone: 480-921-3332
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $256/sqft
- Annual tax amount: $863
- Date on market: 3/20/2026
- Cumulative days on market: 26 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Sold | $230,000$256/sqft |
Source:  ARMLS #6993547 Report a problem | ||
| 4/1/2026 | Pending sale | $230,000$256/sqft |
Source: ARMLS #6993547 Report a problem | ||
| 3/5/2026 | Listed for sale | $230,000$256/sqft |
Source: ARMLS #6993547 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Sunset
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Nearby schools
GreatSchools rating
- 4/10Scales Technology AcademyGrades: PK-5Distance: 0.3 mi
- 2/10Geneva Epps Mosley Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Tempe High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Scales Technology Academy
- Middle: Geneva Epps Mosley Middle School
- High: Tempe 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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Estimated market value
$230,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$230,000
- Arizona
- Maricopa County
- Tempe
- 85281
- Sunset
- 1245 W 1ST Street Unit 213
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