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Sold for $620,500
    • $620,500

    425 W Rio Salado Parkway #307, Tempe, AZ 85281

    2beds
    3baths
    1,520sqft
    Condominium
    Built in 2002
    -- sqft lot
    $562,400 Zestimate®
    $408/sqft
    $2,571 Estimated rent

    Home value

    $562,400

    $529,000 - $596,000

    $2,571/mo

    Zestimate® history
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    What's special

    Incredible lakeside condoHeart of tempeHardwood floors throughout
    * Incredible lakeside condo in heart of Tempe * 3 balconies * 2 overlooking Tempe Town lake, One with views of ''A'' Mountain * Hardwood floors throughout * 16 foot ceiling in living room w/window overlooking Tempe Town Lake * Upgraded to the max * Large Tandem 2.5 car garage (G-127) *

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom Anderson 480-510-5101,

    AZ Brokerage Holdings, LLC,

    Dustin Anderson 480-510-5102,

    AZ Brokerage Holdings, LLC

    Bought with:

    Alanna Foudy, BR545514000

    Arizona Best Real Estate

    Source: ARMLS,MLS#: 6576904MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop
    Features
    • High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Elevator, Wet Bar, Kitchen Island, 3/4 Bath Master Bdrm
    • Flooring: Wood
    • Windows: Low Emissivity Windows, Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: Two Common Walls
    Interior area
    • Total structure area: 1,520
    • Total interior livable area: 1,520 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Tandem Garage, Gated, Garage Door Opener, Extended Length Garage, Permit Required, Common
    • Garage spaces: 2
    Features
    • Stories: 3
    • Exterior features: Balcony, Built-in Barbecue
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: City Lights
    • Waterfront features: Waterfront
    Lot
    • Size: 69 Square Feet
    • Features: Waterfront
    Details
    • Parcel number: 12424112
    • Special conditions: Owner/Agent

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick Veneer, Stucco, Painted, Block, Brick
    • Roof: Built-Up
    Condition
    • Year built: 2002
    Details
    • Builder name: Picerne

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Energy efficient items: Multi-Zones

    Community & HOA

    Community
    • Features: Lake, Gated, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path, Fitness Center
    • Subdivision: Regatta Pointe Condominiums Amd
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $341 monthly
    • HOA name: Regatta Pointe
    • HOA phone: 602-957-9191
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $408/sqft
    • Tax assessed value: $441,500
    • Annual tax amount: $3,304
    • Date on market: 10/21/2025
    • Cumulative days on market: 36 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    7/9/2025Listing removed$775,000+24.9%$510/sqft
    Source: ARMLS #6422801 Report a problem
    12/13/2023Listing removed--
    Source: ARMLS #6422801 Report a problem
    9/11/2023Sold$620,500-8.1%$408/sqft
    Source: ARMLS #6576904 Report a problem
    8/11/2023Pending sale$675,000$444/sqft
    Source: ARMLS #6576904 Report a problem
    7/24/2023Price change$675,000-2.9%$444/sqft
    Source: ARMLS #6576904 Report a problem
    7/6/2023Listed for sale$695,000-10.3%$457/sqft
    Source: ARMLS #6576904 Report a problem
    8/20/2022Listing removed$775,000$510/sqft
    Source: ARMLS #6422801 Report a problem
    8/3/2022Price change$775,000-2.5%$510/sqft
    Source: ARMLS #6422801 Report a problem
    7/20/2022Listed for sale$795,000+51.8%$523/sqft
    Source: ARMLS #6422801 Report a problem
    6/6/2020Listing removed$2,500$2/sqft
    Source: Realty Executives #6056172 Report a problem
    6/1/2020Price change$2,500-15.3%$2/sqft
    Source: Realty Executives #6056172 Report a problem
    4/8/2020Price change$2,950-7.8%$2/sqft
    Source: Realty Executives #6056172 Report a problem
    3/26/2020Listed for rent$3,200-28.9%$2/sqft
    Source: Realty Executives #6056172 Report a problem
    10/1/2019Listing removed$4,500$3/sqft
    Source: Realty Executives #5922211 Report a problem
    9/30/2019Price change$4,500+63.6%$3/sqft
    Source: Realty Executives #5922211 Report a problem
    6/19/2019Price change$2,750-3.5%$2/sqft
    Source: Realty Executives #5922211 Report a problem
    6/10/2019Price change$2,850-5%$2/sqft
    Source: Realty Executives #5922211 Report a problem
    5/21/2019Price change$3,000-14.3%$2/sqft
    Source: Realty Executives #5922211 Report a problem
    5/7/2019Listed for rent$3,500+16.7%$2/sqft
    Source: Realty Executives #5922211 Report a problem
    4/26/2018Listing removed$3,000$2/sqft
    Source: Realty Executives #5752927 Report a problem
    4/18/2018Listed for rent$3,000$2/sqft
    Source: Realty Executives #5752927 Report a problem
    8/10/2005Sold$523,800+151.8%$345/sqft
    Source: ARMLS #2360461 Report a problem
    8/6/2003Sold$208,058$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,230 +7.7%$44,150 +7.1%
    2024$3,000 -12.6%$41,210 +46%
    2023$3,431 +3.8%$28,234 -17.5%
    2022$3,304 +2.4%$34,220 +7%
    2021$3,226 +1.9%$31,980 +2.8%
    2020$3,165 +2.5%$31,110 +4.6%
    2019$3,086 $29,730 -4.7%
    2018$3,086 +3.1%$31,200 +2.1%
    2017$2,995 +20%$30,550 +19.7%
    2016$2,495 +2.8%$25,530 +7.7%
    2015$2,428 $23,700 +30.2%
    2014-- $18,200 +5.2%
    2013-- $17,300
    2012-- $17,300 -1.4%
    2011-- $17,550 -38.5%
    2010-- $28,550 -26.2%
    2009-- $38,700 -0.8%
    2008-- $39,000 +18.9%
    2007-- $32,800 +89.6%
    2006-- $17,300
    2005-- $17,300
    Find assessor info on the county website

    Neighborhood: 85281

    Nearby homes

    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
    $562,400
    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
    $562,400

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