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Sold for $510,000
  • $510,000

    425 W RIO SALADO Parkway #110, Tempe, AZ 85281

    2beds
    1,283sqft
    Townhouse
    Built in 2002
    104 Square Feet Lot
    $509,400 Zestimate®
    $398/sqft
    $2,254 Estimated rent

    Home value

    $509,400

    $469,000 - $555,000

    $2,254/mo

    Zestimate® history
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    What's special

    Views, views, VIEWS! Welcome to the gated, resort-style community of Regatta Pointe, where this perfectly situated ground-floor condo showcases breathtaking lakefront views from all the main living areas and the primary suite. This 2 bed / 2 bath home features a rare attached, direct-entry garage—something only a handful of units offer—plus a versatile flex space ideal for a home gym, office, or additional guest area. Located directly across from Tempe Town Lake, you'll have immediate access to miles of scenic walking, running, and biking paths. Spend your days paddle-boarding, kayaking, or simply enjoying the peaceful waterfront views. You're close to Tempe Beach Park, Mill Avenue's restaurants and shops, and a full calendar of year-round events. On the 4th of July, the Mill Avenue Bridge becomes one of the best places in the Valley to watch fireworks. The community offers a range of amenities, including a heated pool, spa, recreation center, and workout facilities. It's an ideal home for full- or part-time residents, seasonal visitors, or anyone attending or working at ASU who wants a quiet, secure setting paired with unbeatable convenience.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sheri Lopez 623-340-2412,

    My Home Group Real Estate

    Bought with:

    Laura Butt, SA678255000

    HomeSmart

    Source: ARMLS,MLS#: 6951443MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Built-in Microwave, Dishwasher, Disposal, Electric Range
    • Laundry: Inside
    Features
    • Quartz Countertops, High Speed Internet, Double Vanity, 9+ Flat Ceilings, Roller Shields, Pantry, Full Bth Master Bdrm
    • Flooring: Laminate, Tile
    • Windows: Double Pane Windows, Vinyl Frame
    • Basement: Interior Entry,Walk-Out Access,Finished
    • Has fireplace: No
    • Common walls with other units/homes: Two Common Walls,Neighbor Above
    Interior area
    • Total structure area: 1,283
    • Total interior livable area: 1,283 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Assigned
    • Attached garage spaces: 1
    Features
    • Stories: 3
    • Patio & porch: Covered
    • Has spa: Yes
    • Spa features: Heated
    • Fencing: Partial,Wrought Iron
    • Has view: Yes
    • View description: Lake, Panoramic, City Lights, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront
    Lot
    • Size: 104 sqft
    • Features: None, Borders Common Area, North/South Exposure, Waterfront
    Details
    • Parcel number: 12424065

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Brick Veneer, Stucco, Wood Frame, Painted
    • Foundation: Slab
    • Roof: Tile,Built-Up,Concrete
    Condition
    • Year built: 2002
    Details
    • Builder name: Picerne

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Community
    • Community features: Pool, Gated, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path, Fitness Center
    Location
    • Region: Tempe
    • Subdivision: REGATTA POINTE CONDOMINUMS AMD

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $384 monthly
    • Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior
    • Association name: Ragatta Pointe
    • Association phone: 602-957-9191

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/26/2026Sold$510,000-1%$398/sqft
    Source: ARMLS #6951443 Report a problem
    1/20/2026Pending sale$515,000$401/sqft
    Source: ARMLS #6951443 Report a problem
    11/26/2025Listed for sale$515,000+7.2%$401/sqft
    Source: ARMLS #6951443 Report a problem
    2/21/2023Sold$480,500-3.7%$375/sqft
    Source: ARMLS #6509191 Report a problem
    1/25/2023Pending sale$499,000$389/sqft
    Source: ARMLS #6509191 Report a problem
    1/19/2023Listed for sale$499,000+2.5%$389/sqft
    Source: ARMLS #6509191 Report a problem
    10/4/2022Sold$487,000-1.6%$380/sqft
    Source: HomeSmart Intl Solds #6451853_85281_110 Report a problem
    9/15/2022Pending sale$495,000$386/sqft
    Source: ARMLS #6451853 Report a problem
    9/2/2022Price change$495,000-5.7%$386/sqft
    Source: ARMLS #6451853 Report a problem
    8/19/2022Listed for sale$525,000+82.6%$409/sqft
    Source: ARMLS #6451853 Report a problem
    6/1/2015Sold$287,500$224/sqft
    Source: Public Record Report a problem
    3/4/2015Sold$287,500-2.5%$224/sqft
    Source: ARMLS #5219051 Report a problem
    1/10/2015Listed for sale$295,000-1.7%$230/sqft
    Source: RE/MAX INFINITY REALTY #5219051 Report a problem
    3/15/2005Sold$300,000+13.1%$234/sqft
    Source: Public Record Report a problem
    10/9/2003Sold$265,220$207/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,407 +7.7%$38,160 +7.6%
    2024$2,236 -5.4%$35,480 +57.5%
    2023$2,364 +4.2%$22,525 -22.9%
    2022$2,269 +1.4%$29,230 +5.9%
    2021$2,237 +2%$27,610 +3.8%
    2020$2,194 +2.8%$26,600 +9.9%
    2019$2,135 $24,210 -2.6%
    2018$2,135 +3.2%$24,860 +4.2%
    2017$2,068 +3.9%$23,860 +19.4%
    2016$1,991 -9.7%$19,980 +8%
    2015$2,204 $18,500 +27.4%
    2014-- $14,520 +3.7%
    2013-- $14,000 -1.4%
    2012-- $14,200 -1.7%
    2011-- $14,450 -37.7%
    2010-- $23,200 -26.1%
    2009-- $31,400 -0.6%
    2008-- $31,600 +16.6%
    2007-- $27,100 +68.8%
    2006-- $16,050
    2005-- $16,050

    Find assessor info on the county website

    Neighborhood: 85281

    Nearby schools

    GreatSchools rating
    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
    $509,400
    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
    $509,400