$720,000
OPEN SAT 10AM - 1PM $15K PRICE DROP

120 E Rio Salado Pkwy Unit 305 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated payment $5,528/month

Total Views 4,539
2 Beds
2 Baths
1,607 Sq Ft
$448 Price per Sq Ft

Highlights

  • Concierge
  • Mountain View
  • Theater or Screening Room
  • Gated Parking
  • Community Lake
  • 1-minute walk to Neil G Giuliano Park

About This Home

Resort style, posh condo living awaits! Located in the heart of Tempe, alongside Tempe Town Lake, this stunning 2 bed/2 bath condo is luxury at its finest. Enjoy the stunning views of Mill Avenue Bridge, Tempe Town Lake, Papago Park & twinkling city lights from your floor to ceiling windows or 1 of 2 balconies. Remodeled w/the highest quality finishes, this condo will not disappoint. HOA covers all community amenities plus water, trash, sewer, gas, electric & 2 deeded underground parking spaces. You are steps away from the vibrant lifestyle of Tempe, but you may never want to leave! With access to a lap pool, spa, gym, billiards room, board room, several outdoor areas w/grass, community garden, fireplaces, BBQ & even pizza ovens! Full time on-site concierge at your convenience as well!

Listing Agent

Dawn Matesi

Locality Real Estate Brokerage Phone: 480-236-8869 License #BR571320000 Listed on: 07/03/2025

Locality Real Estate

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,243

Year Built

  • Built in 2006

HOA Fees

  • $1,456 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Interior Spaces

  • 1,607 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Stone Flooring
  • Mountain Views
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Cecil Shamley Elementary And Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Balcony

Listing and Financial Details

  • Tax Lot 3-05
  • Assessor Parcel Number 132-20-039

Community Details

Overview

  • Association fees include electricity, roof repair, insurance, sewer, pest control, ground maintenance, gas, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Brown Association, Phone Number (480) 539-1396
  • High-Rise Condominium
  • Built by RESIDENTIAL CONSTRUCTORS
  • Edgewater Hayden Ferry Lakeside Condo Amd Subdivision
  • Community Lake
  • 8-Story Property

Amenities

  • Concierge
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,243

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,456 per month

Parking

2

Listing Details

  • Cross Street: Rio Salado Parkway & Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: Y
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1456.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2024
  • Directions: West on Rio Salado Parkway to Hayden Ferry Lakeside. Take right, first left. Park in front of Edgewater Building, buzz to be let in. Concierge will give you parking access.
  • Attribution Contact: 480-236-8869
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 1456.0
  • Cooling:Ceiling Fan(s): Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: 4097

Interior Features

  • Flooring: Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, 9+ Flat Ceilings, Elevator, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1607.0
  • Stories: 8
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Private: No
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Other
  • Roof: Other
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Gated, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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: Lake, Community Spa, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Community Media Room, Concierge, Biking/Walking Path
  • Association Fee: 1456.0
  • Association Fee Frequency: Monthly
  • Association Name: Edgewater Hayden Fer
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Edgewater Hayden Fer
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.2
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 2912.0
  • Association Fees:Disclosure Fees HOA: 375.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Homewise Doc Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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:Pest Control: Yes
  • Association Fee Incl:Gas6: Yes
  • Association Fee Incl:Air CondHeating: Yes
  • Association Fee Incl:Electric8: Yes

Fee Information

  • Association Fee Includes: Electricity, Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Gas, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cecil Shamley School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Cecil Shamley School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1597.0
  • Parcel #: 132-20-039

Building Info

  • Builder Name: RESIDENTIAL CONSTRUCTORS

Tax Info

  • Tax Annual Amount: 3243.0
  • Tax Book Number: 132.00
  • Tax Lot: 3-05
  • Tax Map Number: 20.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,243 $28,953 -- --
2024 $3,675 $27,575 -- --
2023 $3,675 $41,280 $8,250 $33,030
2022 $3,525 $37,330 $7,460 $29,870
2021 $3,093 $37,560 $7,510 $30,050
2020 $2,990 $32,930 $6,580 $26,350
2019 $2,933 $36,960 $7,390 $29,570
2018 $2,854 $38,070 $7,610 $30,460
2017 $2,765 $36,930 $7,380 $29,550
2016 $2,752 $31,230 $6,240 $24,990
2015 $2,662 $24,420 $4,880 $19,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $720,000 -1.4% $448 / Sq Ft
08/08/2025 08/08/25 Price Changed $730,000 -0.7% $454 / Sq Ft
07/03/2025 07/03/25 For Sale $735,000 +24.8% $457 / Sq Ft
02/22/2022 02/22/22 Sold $589,000 -1.7% $367 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
10/15/2021 10/15/21 For Sale $599,000 +31.6% $374 / Sq Ft
11/06/2013 11/06/13 Sold $455,000 -5.2% $284 / Sq Ft
09/15/2013 09/15/13 Pending -- -- --
08/22/2013 08/22/13 Price Changed $479,900 -4.0% $299 / Sq Ft
07/02/2013 07/02/13 Price Changed $499,900 -4.8% $312 / Sq Ft
05/18/2013 05/18/13 Price Changed $524,900 -2.6% $327 / Sq Ft
04/04/2013 04/04/13 Price Changed $539,000 -1.8% $336 / Sq Ft
03/08/2013 03/08/13 For Sale $549,000 -- $342 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $589,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Cash Sale Deed $455,000 Greystone Title Agency Llc
Cash Sale Deed $245,000 Guaranty Title Agency
Trustee Deed $725,800 None Available
Warranty Deed $735,000 Fidelity National Title
Special Warranty Deed $625,544 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $471,200 New Conventional
Previous Owner $258,000 Unknown
Previous Owner $661,500 Purchase Money Mortgage
Previous Owner $500,400 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6888299

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-20-039

Arizona Maricopa County Tempe 85281 Downtown Tempe

120 E Rio Salado Pkwy Unit 305, Tempe, AZ

This home is located at 120 E Rio Salado Pkwy Unit 305, Tempe, AZ 85281 and is currently priced at $720,000, approximately $448 per square foot. This property was built in 2006. 120 E Rio Salado Pkwy Unit 305 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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Dawn Matesi
Listing Agent
Dawn Matesi
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Locality Real Estate
(480) 236-8869