$589,000
SOLD FEB 22, 2022

120 E Rio Salado Pkwy Unit 305 Tempe, AZ 85281

Downtown Tempe Neighborhood
2 Beds
2 Baths
1,603 Sq Ft
$1,144/mo HOA Fee

Recently Sold

$367 Per Sq Ft

2% Below List Price

91 Days on Market

Highlights

  • Concierge
  • Gated with Attendant
  • Waterfront
  • Fitness Center
  • Unit is on the top floor
  • 1-minute walk to Neil G Giuliano Park

About This Home

As of February 2022

Seize the beauty and the best of urban living in this sophisticated luxury hi-rise condo with contemporary cutting-edge design and delightful views of Tempe Town Lake and Mill Avenue Bridge. Exceptional finishes include a palette of contrasts: zebrawood cabinetry aligned with marble countertops, limestone floors, frosted glass doors, glass beaded wallpaper, dramatic lighting and impressive views from two balconies. This unit had one of a kind modifications that you will not find in any other unit. Jogging path along the lake, or watch the rowers on the water. Feel the energy and social lifestyle this convenient Tempe location with the new streetcar project finishing in spring of 2022 . Concierge on duty. Comes with 2 parking spaces. An electric vehicle charging station can be installed in parking spaces and there is a large community secure cage for bicycles, kayaks, paddle boards.

Last Agent to Sell the Property

Kelly Clauss

Kristopher Realty License #SA545063000 Listed on: 10/21/2021

Last Buyer's Agent

Dawn Matesi

Locality Real Estate License #BR571320000

Locality Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $1,144 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Stucco

Interior Spaces

  • 1,603 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • <<builtInMicrowave>>
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Cecil Shamley Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 132-20-039

Community Details

Overview

  • Association fees include electricity, roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, gas, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Brown Association, Phone Number (480) 339-8820
  • Built by McCarthy
  • Edgewater Hayden Ferry Lakeside Condo Amd Subdivision
  • Community Lake

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,093

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,144 per month

Parking

2

Listing Details

  • Cross Street: RIO SALADO PKWY & MILL AVENUE
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1144.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2021
  • Directions: From Mill Avenue go E on Rio Salado Pkwy to Hayden Ferry Lakeside turn right at circle and follow to underground visitor parking.
  • 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: 1144.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Elevator, Full Bth Master Bdrm
  • Living Area: 1603.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: 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 Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Other
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above
  • Construction Type: Stucco, Steel Frame, Painted
  • Roof: Other
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System, Security Guard
  • 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, Community Pool Htd, Community Pool, Near Light Rail Stop, Guarded Entry, Concierge, Biking/Walking Path, Fitness Center
  • Association Fee: 1144.0
  • Association Fee Frequency: Monthly
  • Association Name: Brown
  • Phone: 480-339-8820
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown
  • Association Fees:HOA Telephone4: 480-339-8820
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.2
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: 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: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, Street Maint, Front Yard Maint, Gas, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cecil Shamley School
  • High School: Tempe High School
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1612.0
  • Parcel #: 132-20-039

Building Info

  • Builder Name: McCarthy

Tax Info

  • Tax Annual Amount: 3093.0
  • Tax Book Number: 132.00
  • Tax Lot: 305
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Feb 18, 2022
Sold by
Russell Family Trust
Bought by
Matesi Nicholas
Seller's Agent
Kelly Clauss
Kristopher Realty
Buyer's Agent
Dawn Matesi
Locality Real Estate
List Price
$599,000
Sold Price
$589,000
Premium/Discount to List
-$10,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$471,200
Outstanding Balance
$440,034
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$262,488

Purchase Details

Closed on
Apr 25, 2014
Sold by
Russell Zachariah and Russell Barbara
Bought by
The Russell Family Trust

Purchase Details

Listed on
Mar 8, 2013
Closed on
Sep 26, 2013
Sold by
Ballatore Jack J and Ballatore Nancy A
Bought by
Russell Zachariah and Russell Barbara
Seller's Agent
Cheryl Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kelli Richardson
Russ Lyon Sotheby's International Realty
List Price
$549,000
Sold Price
$455,000
Premium/Discount to List
-$94,000
-17.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Jun 16, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Ballatore Jack J and Ballatore Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2010
Sold by
Kempton Kevin C and Mortgage Electronic Registrati
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 6, 2006
Sold by
Maurer Charles D
Bought by
Kempton Kevin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,500
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2006
Sold by
Edgewater At Hayden Ferry Lakeside Llc
Bought by
Maurer Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,400
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
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)

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 $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

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6308003

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-20-039