Move in ready home with prime location and views. Recent updated kitchen, baths, quartz counters, stainless steel appliances, luxury vinyl plank, plantation shutters, paint and fixtures. Functional 2 bed/2 full bath floor plan has highly sought after attached direct entry garage with extra width for storage. Garage enters directly into a versatile basement flex space with laundry. Basement not included in Tax Assessor square footage and adds approx. 200 square feet to total area. Prime ground floor location with 2 private covered patios that offer stunning views of Tempe Town Lake and mountains. Gated resort-style community has clubhouse, pool/spa, grills and fitness center. Located across street from Tempe Town Lake and Beach and near ASU, Mill Ave, golf, airport, light rail.
For sale
Price cut: $5K (6/16)
$484,900
425 W RIO SALADO Parkway #112, Tempe, AZ 85281
2beds
904sqft
Condominium
Built in 2002
-- sqft lot
$-- Zestimate®
$536/sqft
$400/mo HOA
What's special
- 138 days |
- 241 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Michael Lindberg 602-541-5204,
Marsh Management & Real Estate
Source: ARMLS,MLS#: 6988506
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bonus room
- Level: Lower
Dining room
- Level: Main
Living room
- Level: Main
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
- Laundry: Inside
Features
- Quartz Countertops, High Speed Internet, Double Vanity, Full Bth Master Bdrm
- Flooring: Laminate
- Windows: Screens
- Basement: Interior Entry,Finished,Partial
- Has fireplace: No
- Common walls with other units/homes: Two Common Walls,Neighbor Above
Interior area
- Total structure area: 904
- Total interior livable area: 904 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Detached Carport, Garage Door Opener, Direct Access
- Attached garage spaces: 1
- Has carport: Yes
Features
- Stories: 3
- Patio & porch: Covered Deck
- Exterior features: Balcony
- Has spa: Yes
- Spa features: Heated
- Fencing: Wrought Iron
- Has view: Yes
- View description: Lake, City Lights, Mountain(s)
- Has water view: Yes
- Water view: Lake
Lot
- Size: 818 Square Feet
- Features: North/South Exposure, Sprinklers In Front, Synthetic Grass Frnt
Details
- Parcel number: 12424067
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile,Built-Up
Condition
- Year built: 2002
Details
- Builder name: Picerne
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Pool, Gated, Community Spa Htd, Near Light Rail Stop, Fitness Center
- Security: Fire Sprinkler System
- Subdivision: REGATTA POINTE CONDOMINUMS AMD
HOA
- Has HOA: Yes
- Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
- HOA fee: $400 monthly
- HOA name: Regatta Pointe
- HOA phone: 602-957-9191
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $536/sqft
- Tax assessed value: $358,600
- Annual tax amount: $2,688
- Date on market: 2/25/2026
- Cumulative days on market: 134 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $484,900-1%$536/sqft |
Source:  ARMLS #6988506 Report a problem | ||
| 5/13/2026 | Price change | $489,900-2%$542/sqft |
Source: ARMLS #6988506 Report a problem | ||
| 4/18/2026 | Price change | $499,900-2.9%$553/sqft |
Source: ARMLS #6988506 Report a problem | ||
| 3/23/2026 | Price change | $514,900-1.9%$570/sqft |
Source: ARMLS #6988506 Report a problem | ||
| 2/25/2026 | Listed for sale | $524,900+228.1%$581/sqft |
Source: ARMLS #6988506 Report a problem | ||
| 7/17/2018 | Listing removed | $1,425$2/sqft |
Source: Marsh Mgmt. & Real Estate Report a problem | ||
| 7/11/2018 | Listed for rent | $1,425+16.3%$2/sqft |
Source: Marsh Mgmt. & Real Estate Report a problem | ||
| 6/8/2012 | Listing removed | $1,225$1/sqft |
Source: Marsh Mgmt. & Real Estate Report a problem | ||
| 4/3/2012 | Listed for rent | $1,225$1/sqft |
Source: Marsh Mgmt. & Real Estate Report a problem | ||
| 2/11/2011 | Sold | $160,000-11.1%$177/sqft |
Source: ARMLS #4457195 Report a problem | ||
| 1/21/2011 | Price change | $179,900+361.3%$199/sqft |
Source: Christian Broadwell #4457195 Report a problem | ||
| 1/19/2011 | Price change | $39,000-78.3%$43/sqft |
Source: Auction.com #4457195 Report a problem | ||
| 12/20/2010 | Price change | $179,900-5.3%$199/sqft |
Source: Christian Broadwell #4457195 Report a problem | ||
| 11/18/2010 | Price change | $189,900-6.4%$210/sqft |
Source: Christian Broadwell #4457195 Report a problem | ||
| 10/11/2010 | Price change | $202,900-3.3%$224/sqft |
Source: foreclosure.com Report a problem | ||
| 9/17/2010 | Listed for sale | $209,900+31.4%$232/sqft |
Source: Christian Broadwell #4457195 Report a problem | ||
| 7/13/2010 | Sold | $159,700-33.7%$177/sqft |
Source: Public Record Report a problem | ||
| 6/9/2010 | Listed for sale | $241,000-41.9%$267/sqft |
Source: DPR Realty, LLC #4102374 Report a problem | ||
| 1/20/2007 | Sold | $415,000+61.6%$459/sqft |
Source: ARMLS #2670087 Report a problem | ||
| 9/4/2003 | Sold | $256,735$284/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,676 +7% | $35,860 +7.8% |
| 2024 | $2,501 +1.2% | $33,250 +63.5% |
| 2023 | $2,471 +3.8% | $20,338 -25.5% |
| 2022 | $2,380 +2.4% | $27,300 +5.9% |
| 2021 | $2,324 +1.9% | $25,770 +4.6% |
| 2020 | $2,280 +2.5% | $24,630 +10.3% |
| 2019 | $2,223 | $22,330 -2.5% |
| 2018 | $2,223 +3.1% | $22,910 +4.8% |
| 2017 | $2,157 +4.9% | $21,860 +20.1% |
| 2016 | $2,057 +3.4% | $18,200 +8.5% |
| 2015 | $1,990 | $16,770 +27.9% |
| 2014 | -- | $13,110 +8.8% |
| 2013 | -- | $12,050 -2.8% |
| 2012 | -- | $12,400 -1.2% |
| 2011 | -- | $12,550 -41.2% |
| 2010 | -- | $21,350 -27.3% |
| 2009 | -- | $29,350 -0.8% |
| 2008 | -- | $29,600 +16.5% |
| 2007 | -- | $25,400 +68.8% |
| 2006 | -- | $15,050 |
| 2005 | -- | $15,050 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 4/10Scales Technology AcademyGrades: PK-5Distance: 0.7 mi
- 2/10Geneva Epps Mosley Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Tempe High SchoolGrades: 9-12Distance: 1.5 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Tempe
- 85281
- 425 W RIO SALADO Parkway Unit 112
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