120 E Rio Salado Pkwy Unit 703 Tempe, AZ 85281
Downtown Tempe Neighborhood
3
Beds
2.5
Baths
2,257
Sq Ft
$1,570/mo
HOA Fee
Highlights
- Concierge
- Gated with Attendant
- Waterfront
- Fitness Center
- Gated Parking
- 1-minute walk to Neil G Giuliano Park
About This Home
As of October 2024This is It!!! This fully furnished Penthouse situated high above Edgewater's water's edge at Tempe town lake. This opulent 3 bedroom boasts elevated 180 degree 7th story balcony, panoramic views of city, mountains, lake & valley from east to west. (especially on the 4th of July). With close proximity to ASU & down town Tempe, there's quick access to ASU athletic events, Tempe Towne Lake/ Mill Ave. night life and easy access to MLB Spring Training. Additional amenities include walking and biking paths, boat rentals, lakeside live concerts, private fitness center, 24 hr concierge, conference & pool rooms, heated pool/spa and secure private parking . Don't miss this select opportunity! Its sure to please the discerning, active, traveling, lock and leave, individuals who enjoy the rare air!
Last Agent to Sell the Property
Res Comm Realty License #BR043362000 Listed on: 08/12/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,980
Year Built
- Built in 2006
HOA Fees
- $1,570 Monthly HOA Fees
Parking
- 3 Car Garage
- Garage Door Opener
- Gated Parking
- Assigned Parking
Home Design
- Designed by Contemporary Architects
- Contemporary Architecture
- Block Exterior
- Stone Exterior Construction
- Stucco
Interior Spaces
- 2,257 Sq Ft Home
- Furnished
- Ceiling height of 9 feet or more
- Gas Fireplace
- Triple Pane Windows
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Balcony
- Covered patio or porch
Schools
- Mckemy Middle School
- Tempe High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Additional Features
- Waterfront
- Property is near public transit
Listing and Financial Details
- Tax Lot 7-03
- Assessor Parcel Number 132-20-061
Community Details
Overview
- Association fees include electricity, roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint, gas, trash, water, roof replacement, maintenance exterior
- Brown Community Mgmt Association, Phone Number (480) 339-8820
- High-Rise Condominium
- Built by Suncor Development
- Edgewater Hayden Ferry Lakeside Condo Amd Subdivision
- Community Lake
- 8-Story Property
Amenities
- Concierge
- Recreation Room
Recreation
- Fitness Center
- Heated Community Pool
- Community Spa
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2024
Closed on
Oct 17, 2024
Sold by
Montero Llc
Bought by
Mark And Suzanne Heidenreich Trust and Heidenreich
Seller's Agent
Doug Lewis
Res Comm Realty
Buyer's Agent
Robin Foss
Revinre
List Price
$1,295,000
Sold Price
$1,100,000
Premium/Discount to List
-$195,000
-15.06%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,851
Avg. Annual Appreciation
7.00%
Purchase Details
Closed on
Jan 18, 2013
Sold by
Merrin Arie
Bought by
Montero Llc
Purchase Details
Closed on
Oct 5, 2012
Sold by
Knott Terry
Bought by
Knott Christopher and Christopher N & Terry L Knott Trust
Purchase Details
Closed on
Jan 13, 2012
Sold by
Knott Christopher N and Knott Terry L
Bought by
Merrin Arie
Purchase Details
Closed on
Dec 16, 2010
Sold by
Knott Christopher and Knott Terry
Bought by
Knott Christopher N and Knott Terry L
Purchase Details
Closed on
Sep 17, 2010
Sold by
Marougi Joseph and Calloway Jonathan A
Bought by
Knott Christopher and Knott Terry
Purchase Details
Closed on
Jul 25, 2006
Sold by
Edgewater At Hayden Ferry Lakeside Llc
Bought by
Marougi Joseph and Calloway Jonathan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,003
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
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 | $1,100,000 | Navi Title Agency | |
| Cash Sale Deed | $645,000 | American Title Service Agenc | |
| Interfamily Deed Transfer | -- | None Available | |
| Cash Sale Deed | $530,000 | American Title Service Agenc | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Cash Sale Deed | $460,000 | North American Title Company | |
| Special Warranty Deed | $1,546,693 | Security Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $232,003 | Credit Line Revolving | |
| Previous Owner | $1,160,019 | Negative Amortization |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2024 10/24/24 | Sold | $1,100,000 | 0.0% | $487 / Sq Ft |
| 09/30/2024 09/30/24 | Price Changed | $1,100,000 | -15.1% | $487 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $1,295,000 | -- | $574 / 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 | $8,077 | $72,108 | -- | -- |
| 2024 | $7,980 | $68,674 | -- | -- |
| 2023 | $7,980 | $86,630 | $17,320 | $69,310 |
| 2022 | $7,655 | $70,080 | $14,010 | $56,070 |
| 2021 | $7,708 | $70,630 | $14,120 | $56,510 |
| 2020 | $7,474 | $68,450 | $13,690 | $54,760 |
| 2019 | $7,332 | $65,230 | $13,040 | $52,190 |
| 2018 | $7,150 | $62,920 | $12,580 | $50,340 |
| 2017 | $6,937 | $72,260 | $14,450 | $57,810 |
| 2016 | $6,865 | $59,950 | $11,990 | $47,960 |
| 2015 | $6,616 | $51,450 | $10,290 | $41,160 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2024
Doug Lewis
Res Comm Realty
-
R
Buyer's Agent in 2024
Robin Foss
Revinre
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6750949
APN: 132-20-061
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
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