For sale

Price cut: $4.9K (8/28)

$389,888

2401 E E Rio Salado Parkway -- #1040, Tempe, AZ 85288

2beds

1,100sqft

$2,596/mo

Get pre-qualified

Townhouse

Built in 2007

684 Square Feet Lot

$-- Zestimate^®

$354/sqft

$248/mo HOA

What's special

Modern finishesBright open floor planPet friendly grass spacesLush greenbelt areasResort-style poolsWalking and biking pathsStainless steel appliances

Beautifully renovated 2-bedroom, 2.5-bath home located within a desirable gated community featuring resort-style pools, walking and biking paths, lush greenbelt areas, and pet friendly grass spaces. The bright, open floor plan showcases modern finishes, an updated kitchen with granite countertops, stainless steel appliances, and a breakfast bar overlooking the main living area. Ideally situated near Tempe Town Lake, Arizona State University, Sun Devil Stadium, Sky Harbor International Airport, Sloan Park (Chicago Cubs Spring Training), Tempe Marketplace, Metro Light Rail, and easy access to Loop 202 and Loop 101, this home offers the perfect combination of lifestyle, location, and low-maintenance living.

73 days
160
15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop

Features

High Speed Internet, Granite Counters, Upstairs, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm
Flooring: Vinyl
Windows: Double Pane Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,100
Total interior livable area: 1,100 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Stories: 3
Exterior features: Balcony
Spa features: None
Fencing: Block

Lot

Size: 684 Square Feet
Features: Gravel/Stone Front

Details

Parcel number: 13541778

Construction

Type & style

Home type: Townhouse
Architectural style: Other,Contemporary
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Stucco, Wood Frame
Roof: Tile

Condition

Year built: 2007

Details

Builder name: DR Horton

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool, Gated, Community Spa Htd, Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
Security: Security Guard
Subdivision: VILLAGIO AT TEMPE CONDOMINIUM AMD

HOA

Has HOA: Yes
Services included: Roof Repair, Maintenance Grounds, Street Maint, Front Yard Maint, Roof Replacement, Maintenance Exterior
HOA fee: $248 monthly
HOA name: Villagio at Tempe
HOA phone: 602-957-9191

Location

Region: Tempe

Financial & listing details

Price per square foot: $354/sqft
Annual tax amount: $1,809
Date on market: 6/18/2026
Cumulative days on market: 65 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/28/2026	Price change	$384,999-1.3%$350/sqft
Source: ARMLS #7072842 Report a problem
7/23/2026	Listed for sale	$389,888$354/sqft
Source: ARMLS #7036738 Report a problem
6/30/2026	Listing removed	$389,888$354/sqft
Source: ARMLS #7036738 Report a problem
6/12/2026	Price change	$389,888-2.5%$354/sqft
Source: ARMLS #7036738 Report a problem
6/3/2026	Listed for sale	$399,999-1.2%$364/sqft
Source: ARMLS #7036738 Report a problem
5/6/2024	Listing removed	--
Source: Zillow Rentals Report a problem
2/27/2024	Listing removed	$405,000$368/sqft
Source: ARMLS #6668123 Report a problem
2/23/2024	Listed for sale	$405,000+113.3%$368/sqft
Source: ARMLS #6668123 Report a problem
2/8/2024	Listed for rent	$2,200+4.8%$2/sqft
Source: Zillow Rentals Report a problem
3/14/2023	Listing removed	--
Source: Zillow Rentals Report a problem
3/13/2023	Listed for rent	$2,100$2/sqft
Source: Zillow Rentals Report a problem
8/31/2015	Sold	$189,900$173/sqft
Source: ARMLS #5294621 Report a problem