120 E Rio Salado Pkwy Unit 305 Tempe, AZ 85281
Downtown Tempe Neighborhood
2
Beds
2
Baths
1,603
Sq Ft
$881/mo
HOA Fee
Highlights
- Concierge
- Unit is on the top floor
- City Lights View
- Fitness Center
- Gated Community
- 1-minute walk to Neil G Giuliano Park
About This Home
As of February 2022Capture the essence 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. Superior finishes include a palette of contrasts: zebrawood cabinetry aligned with marble countertops, sandstone floors, frosted glass, dramatic lighting and impressive views. Jogging path along the lake, or watch the rowers on the water. Feel the energy and social lifestyle this convenient Tempe location offers! Or a perfect Lock 'n' Leave. Concierge on duty. Comes with 2 parking spaces. Beautifully maintained building & grounds. Near ASU and the airport. This one is a ''10''! BONUS-ONE YEAR HOA FEES INCLUDED.
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA114710000 Listed on: 03/08/2013
Last Buyer's Agent
Kelli Richardson
Russ Lyon Sotheby's International Realty License #SA633905000
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,166
Year Built
- Built in 2006
Lot Details
- Waterfront
- 1 Common Wall
- Land Lease
HOA Fees
- $881 Monthly HOA Fees
Parking
- 2 Car Garage
- Assigned Parking
- Community Parking Structure
Property Views
- City Lights
- Mountain
Home Design
- Contemporary Architecture
- Metal Construction or Metal Frame
- Stucco
Interior Spaces
- 1,603 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Gas Fireplace
- Stone Flooring
- Security System Owned
- Built-In Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 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
- Property is near a bus stop
Schools
- Mckemy Middle School
Utilities
- Refrigerated Cooling System
- Heating Available
- Water Filtration System
- Water Softener
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 305 / 200
- Assessor Parcel Number 132-20-039
Community Details
Overview
- Association fees include insurance, sewer, pest control, cable TV, ground maintenance, street maintenance, gas, trash, water, roof replacement, maintenance exterior
- Rossmar & Graham Association, Phone Number (480) 966-3369
- High-Rise Condominium
- Built by McCarthy
- Edgewater Subdivision
- Community Lake
Amenities
- Concierge
Recreation
- Fitness Center
- Heated Community Pool
- Community Spa
- Bike Trail
Security
- Gated Community
- Fire Sprinkler System
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
5.39%
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
3.80%
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
Similar Homes in Tempe, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Dawn Matesi
Seller's Agent in 2025
Dawn Matesi
Locality Real Estate
(480) 236-8869
1 in this area
114 Total Sales
-
K
Seller's Agent in 2022
Kelly Clauss
Kristopher Realty
-
Cheryl Anderson
Seller's Agent in 2013
Cheryl Anderson
Russ Lyon Sotheby's International Realty
(602) 312-6038
81 Total Sales
-
Linda Miller
Seller Co-Listing Agent in 2013
Linda Miller
Russ Lyon Sotheby's International Realty
(602) 478-0089
25 Total Sales
-
K
Buyer's Agent in 2013
Kelli Richardson
Russ Lyon Sotheby's International Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4907577
APN: 132-20-039
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.
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
Nearby Homes
- 140 E Rio Salado Pkwy Unit 1006
- 140 E Rio Salado Pkwy Unit 512
- 140 E Rio Salado Pkwy Unit 402
- 120 E Rio Salado Pkwy Unit 101
- 120 E Rio Salado Pkwy Unit 102
- 120 E Rio Salado Pkwy Unit 201
- 154 W 5th St Unit 246
- 154 W 5th St Unit 210
- 21 E 6th St Unit 616
- 21 E 6th St Unit 316
- 21 E 6th St Unit 311
- 21 E 6th St Unit 412
- 435 W Rio Salado Pkwy Unit 210
- 420 W 1st St Unit 217
- 421 W 5th St Unit 6
- 421 W 5th St
- 609 E Mesquite Cir Unit D-132
- 609 E Mesquite Cir Unit D133
- 609 E Mesquite Cir Unit D 131
- 421 W 6th St Unit 1009