$300,000
$10K PRICE DROP

1245 W 1st St Unit E116 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated payment $1,998/month

Total Views 3,066
2 Beds
2.5 Baths
1,072 Sq Ft
$280 Price per Sq Ft

Highlights

  • Two Primary Bedrooms
  • Vaulted Ceiling
  • Fenced Community Pool
  • Two Primary Bathrooms
  • Great Room
  • Balcony

About This Home

Just minutes from Arizona State University, this 2-story condo offers the perfect combination of location and lifestyle. Freshly painted throughout with newer flooring for a clean, updated feel. Featuring dual master suites, this two-level layout offers great separation of space. Bathrooms feature resurfaced showers, new toilets, and updated fixtures, plus new ceiling fans throughout. A real wood-burning fireplace is a rare and sought-after feature. Step outside to a private front patio, or head upstairs to a private balcony off the bedrooms. This property works equally well as an investment, a first home, or an owner-occupant opportunity.

Listing Agent

Deanna Heinze

eXp Realty License #SA704025000 Listed on: 08/20/2026

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $951

Year Built

  • Built in 1985

Lot Details

  • 54 Sq Ft Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 124-28-069

Community Details

Overview

  • Association fees include roof repair, roof replacement, water, sewer, trash
  • Rio Salado Villas Association, Phone Number (480) 921-3332
  • Rio Salado Villas Subdivision

Recreation

  • Fenced Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$951

Year Built

Built in 1985

Lot Details

54 Sq Ft Lot

HOA Fees

$225 per month

Listing Details

  • Cross Street: 1st Street & Hardy
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 224.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2025
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: RIO SALADO VILLAS
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 279.85
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Ceiling Fan(s), Central Air
  • Other Rooms:Other Rooms: Great Room
  • Building Style:Building Style: 2-3-4 Plex
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Refrigerator, Electric Oven, Electric Range, Washer, Dryer, Stacked Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, 2 Master Baths, Pantry, Upstairs, Vaulted Ceiling(s)
  • Living Area: 1072.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Additional Bedroom:Additional Bedroom: 2 Master Bedrooms
  • Dining Area:Dining Area: Dining in LR/GR
  • Interior Features:Interior Features: Skylight(s), Vaulted Ceiling(s)
  • Kitchen Features:Kitchen Features: Dishwasher, Refrigerator, Pantry, Electric Oven, Electric Range
  • Laundry:Laundry: Washer Included, Dryer Included, Stacked Washer/Dryer, Inside
  • Master Bathroom:Master Bathroom: Full Bth Master Bdrm, 2 Master Baths
  • Master Bedroom:Master Bedroom: Upstairs

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Levels
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio
  • Roof: Foam
  • General Property Description:Community Pool YN2: Yes
  • General Property Description:Private Pool YN2: No
  • Community Pool Features:Community Pool Features: Fenced

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned Parking
  • Attached Garage: No
  • Carport Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: SRP

Condo/Co-op/Association

  • Association Fee: 224.5
  • Association Fee Frequency: Monthly
  • Association Name: RIO SALADO VILLAS
  • Phone: 480-921-3332
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 449.0

Fee Information

  • Association Fee Includes: Roof Repair, Roof Replacement, Water, Sewer, Trash

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54.0
  • Parcel #: 124-28-069

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 951.0
  • Tax Book Number: 124.0
  • Tax Lot: 116
  • Tax Map Number: 28.0

Map

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $951 $9,125
2024 $873 $8,690
2023 $873 $20,810 $4,160 $16,650
2022 $834 $16,160 $3,230 $12,930
2021 $850 $14,260 $2,850 $11,410
2020 $822 $13,630 $2,720 $10,910
2019 $806 $11,170 $2,230 $8,940
2018 $784 $10,900 $2,180 $8,720
2017 $760 $9,750 $1,950 $7,800
2016 $756 $8,500 $1,700 $6,800
2015 $731 $6,750 $1,350 $5,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2026 09/08/26 Price Changed $300,000 -3.2% $280 / Sq Ft
08/20/2026 08/20/26 For Sale $310,000 0.0% $289 / Sq Ft
10/25/2023 10/25/23 Rented $1,495 0.0% --
10/11/2023 10/11/23 For Rent $1,495 +25.1% --
01/03/2020 01/03/20 Rented $1,195 0.0% --
12/24/2019 12/24/19 Off Market $1,195 -- --
12/18/2019 12/18/19 For Rent $1,195 0.0% --
12/09/2019 12/09/19 Off Market $1,195 -- --
12/02/2019 12/02/19 For Rent $1,195 0.0% --
11/27/2019 11/27/19 Off Market $1,195 -- --
11/18/2019 11/18/19 For Rent $1,195 0.0% --
04/14/2017 04/14/17 Sold $142,000 -2.1% $132 / Sq Ft View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $145,000 -- $135 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7069167

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-069

Your Personal Tour Guide

Ask me questions while you tour the home.