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Off market
  • $974,900

    140 E Rio Salado Pkwy Unit 406, Tempe, AZ 85281

    2beds
    2baths
    1,259sqft
    Apartment
    Built in 2008
    -- sqft lot
    $974,900 Zestimate®
    $774/sqft
    $2,379 Estimated rent

    Home value

    $974,900

    $887,000 - $1.06M

    $2,379/mo

    Zestimate® history
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    $2,379/mo

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    $2,379/mo

    Rent Zestimate®

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    $6,231/mo

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    $6,231/mo

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    What's special

    Lake viewSpacious rareView of lakeSalt apartmentsNewer management

    SALT Apartments *Apartment unit #4027* Spacious rare, 4th floor, northwest side with view of lake and view of grassy courtyard with trees, peaceful sounds of birds in morning, few neighbors (great for privacy and silence), and very little exposure to direct sunlight due to neighboring condo building creating shade (so the apartment stays cool). This is known to be the best side of the building, also; I scoped it out and transferred into after living at SALT for a couple years. The reason I am leaving has nothing to do with the apartment. I was a pet-free, smoke-free resident here, and I regularly hired professional cleaning services to keep this unit very clean. 2BDR+Loft area (making it a cheaper 3BDR), 2BA, high ceiling, spacious and quiet. Price is $2778+tax+utility. *SALT Apartments* The newer management is good also. The amenities are especially nice; jacuzzi with lake view (24/7), 2 pools (24/7), gym (24/7), the new railway system station is walkable after 2years of construction. Still, Mill Ave is walkable (including restaurants and a Whole Foods), the Tempe Town Lake is right there and offers a nice evening walk with the sunset. Never had an issue with parking in the parking garage, attached to building. The ASU football stadium is also walkable. Close to ASU campus. New tenant would have an option to renew lease in October. Contact me for additional info and pics or tour. Lease takeover. Tenant would have an opportunity to renew the lease in October. Parking on-site free of charge.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,259 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other
    Lot
    • Size: 1,895 sqft
    Details
    • Parcel number: 13220114

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Roof: Built-up
    Condition
    • Year built: 2008

    Community & neighborhood

    Location
    • Region: Tempe

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $679 monthly

    Other

    Other facts
    • Balcony
    • Cooling System: Air Conditioning
    • Laundry: In Unit
    • Parking Type: Garage

    Price history

    DateEventPrice
    6/21/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/1/2022Listed for rent$2,778-15.8%$2/sqft
    Source: Zillow Rental Manager Report a problem
    2/15/2019Sold$714,309+1.5%$567/sqft
    Source: Public Record Report a problem
    8/31/2018Sold$704,000-51.4%$559/sqft
    Source: ARMLS #5742602 Report a problem
    6/3/2012Listing removed$3,300$3/sqft
    Source: Coldwell Banker Residential Brokerage - Biltmore #4686921 Report a problem
    12/11/2011Listed for rent$3,300$3/sqft
    Source: Coldwell Banker Residential Brokerage - Biltmore #4686921 Report a problem
    7/14/2008Sold$1,450,000$1,152/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,774 +8%$76,720 +0.8%
    2024$4,422 -27.4%$76,130 +38.3%
    2023$6,087 +4.2%$55,033 -5.9%
    2022$5,841 +2.7%$58,460 -3%
    2021$5,689 +2.1%$60,260 +5%
    2020$5,569 -7.4%$57,410 +23%
    2019$6,016 $46,660 +8.2%
    2018$6,016 -11.1%$43,120 -19.4%
    2017$6,769 +4.9%$53,510 +10.1%
    2016$6,456 +2.7%$48,580 -4.2%
    2015$6,287 $50,730 +21.1%
    2014-- $41,900 +12%
    2013-- $37,400 +5.2%
    2012-- $35,550 -46.5%
    2011-- $66,400 -34%
    2010-- $100,650 +30.3%
    2009-- $77,250 +895.5%
    2008-- $7,760 +26%
    2007-- $6,160

    Find assessor info on the county website

    Neighborhood: 85281

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: McKemy Middle School
    • High: Tempe Accelerated High School

    Source: The MLS. 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
    $974,900
    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
    $974,900