For sale

Price cut: $7K (5/18)

$438,000

435 W RIO SALADO Parkway #305, Tempe, AZ 85281

2beds

1,082sqft

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Condominium

Built in 2002

-- sqft lot

$-- Zestimate^®

$405/sqft

$400/mo HOA

What's special

Expansive viewsSgd to the balconyBbq areaFilled with natural lightLarge walk-in closetLots of windowsFunctional flow

Urban living at its finest! Gated community, this 3rd Fl, Corner Unit has lots of windows and expansive views. New flooring/paint/light fixtures and more in March 2026. This 2 BR / 2 BA condo is filled with natural light and has a functional flow. The bedrooms are on opposite sides of the living area adding to the livability. Main BR includes a large bath with dual sinks, large garden tub/shower combo & large walk-in closet. BR2 has SGD to the balcony w/ semi-private access to the bathroom. Laundry located in unit. Also included is a private 1-car-garage with storage. Visit the pool, BBQ area, spa, workout center & clubhouse. *Easy access to ASU, freeways, airport, shopping, and dining

106 days

270

15

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
Laundry: Inside

Features

High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm, Laminate Counters
Flooring: Carpet, Vinyl
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,082
Total interior livable area: 1,082 sqft

Property

Parking

Total spaces: 1
Parking features: Detached Garage, Garage Door Opener, Storage
Garage spaces: 1

Accessibility

Accessibility features: Lever Handles, Bath Lever Faucets

Features

Stories: 3
Exterior features: Balcony
Has spa: Yes
Spa features: Heated
Fencing: None
Has view: Yes
View description: City Lights, Mountain(s)

Lot

Size: 112 Square Feet
Features: Desert Back, Desert Front

Details

Parcel number: 12424143

Construction

Type & style

Home type: Condo
Architectural style: Santa Barbara/Tuscan
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, Lake, Gated, Community Spa, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path, Fitness Center
Subdivision: REGATTA POINTE CONDOMINUMS

HOA

Has HOA: Yes
Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
HOA fee: $400 monthly
HOA name: Regatta Pointe
HOA phone: 602-288-2618

Location

Region: Tempe

Financial & listing details

Price per square foot: $405/sqft
Tax assessed value: $343,200
Annual tax amount: $2,659
Date on market: 3/24/2026
Cumulative days on market: 98 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Condominium
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/18/2026	Price change	$438,000-1.6%$405/sqft
Source: ARMLS #7007623 Report a problem
4/10/2026	Price change	$445,000-2.2%$411/sqft
Source: ARMLS #7007623 Report a problem
4/2/2026	Listed for sale	$455,000+141%$421/sqft
Source: ARMLS #7007623 Report a problem
9/6/2002	Sold	$188,800$174/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,646 +7.7%	$34,320 +5.5%
2024	$2,457 +1.2%	$32,530 +40.6%
2023	$2,428 +4.2%	$23,130 -7.9%
2022	$2,330 +1.4%	$25,120 +10.5%
2021	$2,297 +50.9%	$22,730 +66.5%
2020	$1,522 +12.5%	$13,650
2019	$1,353	$13,650
2018	$1,353 +7.7%	$13,650
2017	$1,256 -3.2%	$13,650
2016	$1,298 +0.7%	$13,650
2015	$1,289	$13,650
2014	--	$13,650
2013	--	$13,650 -1.1%
2012	--	$13,800 -1.1%
2011	--	$13,950 -31.6%
2010	--	$20,400 -25.4%
2009	--	$27,350 -0.7%
2008	--	$27,550 +23%
2007	--	$22,400 +46.4%
2006	--	$15,300
2005	--	$15,300 -1.3%
2004	--	$15,500

Find assessor info on the county website

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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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