NOT LISTED FOR SALE

120 E Rio Salado Pkwy Unit 301 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $440,602 - $526,000

1 Bed
1.5 Baths
1,137 Sq Ft
$833/mo HOA Fee

Last Sold February 12, 2021

Last sale price $324,000 $285 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,745/month

136 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Mountain View
  • Unit is on the top floor
  • Gated Community
  • 1-minute walk to Neil G Giuliano Park

About This Home

As of February 2021

Outstanding views of the water and mountains from this lightly lived in downtown Tempe condominium. The home features a spacious kitchen with bar seating and stainless appliances all open to the great room. Views from the great room and balcony. Extra spacious master bedroom with a separate tub and shower, dual sinks, linen storage and walk in closet. The amenities of the building are truly outstanding. The location speaks for itself.

Last Agent to Sell the Property

Jarrod Smith

Plush Arizona Living License #BR104080000 Listed on: 09/16/2020

Last Buyer's Agent

Laura Patterson

My Home Group Real Estate License #SA673336000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Wrought Iron Fence

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Foam Roof

Interior Spaces

  • 1,137 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Triple Pane Windows
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Mckemy Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 3-01
  • Assessor Parcel Number 132-20-035

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, cable TV, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Edgewater HOA, Phone Number (480) 966-3369
  • High-Rise Condominium
  • Built by Residential Constructors
  • Edgewater Hayden Ferry Lakeside Condo Amd Subdivision
  • 8-Story Property

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,429

Year Built

Built in 2006

Lot Details

0

HOA Fees

$833 per month

Parking

1

Listing Details

  • Cross Street: Mill and Rio Salado
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 833.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2020
  • Directions: East on Rio from Mill enter between buildings then east and park across at either AC hotel lot if empty or further east in visitor parking.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 833.0
  • Dining Area:Breakfast Bar: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1137.0
  • Stories: 8
  • Window Features: Triple Pane Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Below, Neighbor Above, End Unit
  • Construction Type: Other, Steel Frame
  • Roof: Foam
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Assigned
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Community Media Room, Fitness Center
  • Association Fee: 833.0
  • Association Fee Frequency: Monthly
  • Association Name: Edgewater HOA
  • Phone: 480-966-3369
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Edgewater HOA
  • Association Fees:HOA Telephone4: 480-966-3369
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Cable TV, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1138.0
  • Parcel #: 132-20-035

Building Info

  • Builder Name: Residential Constructors

Tax Info

  • Tax Annual Amount: 2429.0
  • Tax Book Number: 132.00
  • Tax Lot: 3-01
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Feb 8, 2021
Sold by
Wcg Holdings Llc
Bought by
Anderson Chad
Seller's Agent
Jarrod Smith
Plush Arizona Living
Buyer's Agent
Laura Patterson
My Home Group Real Estate
List Price
$339,000
Sold Price
$324,000
Premium/Discount to List
-$15,000
-4.42%
Current Estimated Value
$487,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,637
Avg. Annual Appreciation
9.58%

Purchase Details

Listed on
Mar 14, 2015
Closed on
Nov 24, 2015
Sold by
Tempe Condos Llc
Bought by
Wcg Holdings Llc
Seller's Agent
Brandon Constintino
Compass
Buyer's Agent
Joshua Carlson
Gentry Real Estate
List Price
$325,000
Sold Price
$269,900
Premium/Discount to List
-$55,100
-16.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%

Purchase Details

Closed on
Sep 13, 2011
Sold by
Asrl Llc
Bought by
Tempe Condo Llc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Kenney Richard W
Bought by
Asri Llc

Purchase Details

Closed on
Apr 24, 2006
Sold by
Edgewater At Hayden Ferry Lakeside Llc
Bought by
Kenney Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,550
Interest Rate
6.55%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anderson Chad $324,000 Great American Ttl Agcy Inc
Wcg Holdings Llc $269,000 Thomas Title & Escrow Llc
Tempe Condo Llc $175,000 Stewart Title & Trust Of Pho
Asri Llc $550,000 First American Title Ins Co
Kenney Richard W $430,622 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Chad $205,667
Previous Owner Wcg Holdings Llc $276,250
Previous Owner Kenney Richard W $64,550
Previous Owner Kenney Richard W $301,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $324,000 0.0% $285 / Sq Ft
01/26/2021 01/26/21 Price Changed $324,000 -1.5% $285 / Sq Ft
10/21/2020 10/21/20 Price Changed $329,000 -2.9% $289 / Sq Ft
09/16/2020 09/16/20 For Sale $339,000 +25.6% $298 / Sq Ft
12/01/2015 12/01/15 Sold $269,900 -3.4% $237 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
09/14/2015 09/14/15 Price Changed $279,300 -3.7% $246 / Sq Ft
08/03/2015 08/03/15 Price Changed $289,900 -10.8% $255 / Sq Ft
05/01/2015 05/01/15 For Sale $325,000 +20.4% $286 / Sq Ft
04/27/2015 04/27/15 Off Market $269,900 -- --
03/14/2015 03/14/15 For Sale $325,000 -- $286 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,625 $23,432 -- --
2024 $2,593 $22,316 -- --
2023 $2,593 $29,720 $5,940 $23,780
2022 $2,487 $26,510 $5,300 $21,210
2021 $2,505 $26,470 $5,290 $21,180
2020 $2,429 $22,980 $4,590 $18,390
2019 $2,383 $25,600 $5,120 $20,480
2018 $2,323 $25,910 $5,180 $20,730
2017 $2,254 $25,430 $5,080 $20,350
2016 $2,231 $21,700 $4,340 $17,360
2015 $2,150 $17,500 $3,500 $14,000
Source: Public Records

Agents Affiliated with this Home

  • Jarrod Smith

    Seller's Agent in 2021

    Jarrod Smith

    Plush Arizona Living

    (602) 432-4743

    1 in this area

    49 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Laura Patterson

    My Home Group Real Estate

    (815) 545-4048

    1 in this area

    33 Total Sales

    Section Image
  • Andrea Lilienfeld

    Buyer Co-Listing Agent in 2021

    Andrea Lilienfeld

    My Home Group Real Estate

    (319) 610-4847

    1 in this area

    427 Total Sales

    Section Image

  • B

    Seller's Agent in 2015

    Brandon Constintino

    Compass

    (602) 465-0489

    1 in this area

    19 Total Sales

    Section Image
  • Will Daly

    Seller Co-Listing Agent in 2015

    Will Daly

    We Know Real Estate

    (602) 989-6788

    27 Total Sales

    Section Image
  • Joshua Carlson

    Buyer's Agent in 2015

    Joshua Carlson

    Gentry Real Estate

    (480) 695-4841

    73 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6132968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-20-035

Arizona Maricopa County Tempe 85281 Downtown Tempe

120 E Rio Salado Pkwy Unit 301, Tempe, AZ

This home is located at 120 E Rio Salado Pkwy Unit 301, Tempe, AZ 85281 since 16 September 2020 and is currently estimated at $477,651, approximately $420 per square foot. This property was built in 2006. 120 E Rio Salado Pkwy Unit 301 is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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