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Sold for $510,000
  • $510,000

    425 W RIO SALADO Parkway #116, Tempe, AZ 85281

    2beds
    2baths
    1,048sqft
    Condominium
    Built in 2002
    -- sqft lot
    $462,600 Zestimate®
    $487/sqft
    $1,842 Estimated rent

    Home value

    $462,600

    $435,000 - $490,000

    $1,842/mo

    Zestimate® history
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    What's special

    Experience the pinnacle of Tempe living at this exquisite 2 bed, 2 balcony, 2 car garage, end unit condominium, perfectly situated with breathtaking views of the serene lake and the bustling cityscape. Step inside to discover a world of elegance, from the sleek convection oven in the kitchen with a view to the spacious living area adorned with high-end appliances, fixtures, and panoramic windows showcasing the stunning beach park views. This meticulously designed home offers a master suite retreat with a lavish ensuite bathroom, while each additional bedroom boasts its unique charm. Enjoy the convenience of urban living with proximity to ASU. Enjoy top-notch dining, shopping, and entertainment options. Don't miss your chance to indulge in the extraordinary lifestyle at Tempe's waterfront.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jack Burns 480-331-4173,

    Realty ONE Group

    Bought with:

    Jack Burns, SA658913000

    Realty ONE Group

    Kristine Marie Burns, SA673874000

    Realty ONE Group

    Source: ARMLS,MLS#: 6702778MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Electric Cooktop
    • Laundry: Engy Star (See Rmks)
    Features
    • High Speed Internet, Double Vanity, Eat-in Kitchen, 3/4 Bath Master Bdrm
    • Flooring: Carpet, Tile
    • Windows: ENERGY STAR Qualified Windows, Vinyl Frame
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,048
    • Total interior livable area: 1,048 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Common
    • Garage spaces: 2
    • Uncovered spaces: 1
    Features
    • Stories: 3
    • Patio & porch: Covered
    • Exterior features: Balcony, Storage
    • Pool features: None
    • Spa features: None
    • Fencing: Wrought Iron
    • Waterfront features: Waterfront
    Lot
    • Size: 138 sqft
    • Features: Waterfront, Corner Lot
    Details
    • Parcel number: 12424071

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick Veneer, Stucco, Wood Frame, Painted, Block
    • Roof: Tile
    Condition
    • Year built: 2002
    Details
    • Builder name: Picerme

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Community
    • Community features: Lake, Gated, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Playground, 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, Front Yard Maint, Water, Roof Replacement, Maintenance Exterior
    • Association name: Regatta Pointe
    • Association phone: 602-216-7538

    Other

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

    Price history

    DateEventPrice
    9/12/2024Sold$510,000+55%$487/sqft
    Source: ARMLS #6702778 Report a problem
    5/16/2018Sold$329,000+20.3%$314/sqft
    Source: ARMLS #5751235 Report a problem
    1/15/2016Sold$273,500+13%$261/sqft
    Source: ARMLS #5315486 Report a problem
    4/28/2010Sold$242,000+18%$231/sqft
    Source: Public Record Report a problem
    8/17/2009Sold$205,000-51.2%$196/sqft
    Source: Public Record Report a problem
    8/17/2006Sold$420,000+31.3%$401/sqft
    Source: Public Record Report a problem
    4/29/2005Sold$320,000+47.4%$305/sqft
    Source: Public Record Report a problem
    9/18/2003Sold$217,080$207/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,027 +7%$38,660 +7.5%
    2024$2,829 +1.2%$35,970 +56.4%
    2023$2,795 +20.6%$23,006 -22.4%
    2022$2,317 +1.4%$29,660 +5.9%
    2021$2,284 +2%$28,000 +3.6%
    2020$2,240 +2.8%$27,020 +9.7%
    2019$2,180 $24,620 -2.6%
    2018$2,180 -10.7%$25,270 +4.1%
    2017$2,440 +4.9%$24,280 +19.2%
    2016$2,327 $20,370 +7.9%
    2015$2,327 $18,870 +27.2%
    2014-- $14,830 +9%
    2013-- $13,600 -1.1%
    2012-- $13,750 -1.1%
    2011-- $13,900 -41.1%
    2010-- $23,600 -25.8%
    2009-- $31,800 -0.8%
    2008-- $32,050 +16.8%
    2007-- $27,450 +77.7%
    2006-- $15,450
    2005-- $15,450

    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 Elementary 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
    $462,600
    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
    $462,600