$280,000

1245 W 1st St Unit E116 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated payment $1,813/month

Total Views 1,362
2 Beds
2.5 Baths
1,072 Sq Ft
$261 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 townhome condo offers the perfect combination of location and lifestyle. Newer flooring throughout gives the space a clean, updated feel, and the two-level layout provides great separation of space. Step outside to a private front patio or head upstairs to the private balcony off the bedrooms -- outdoor space that truly sets this unit apart.
Currently tenant-occupied with rental income in place, this property works equally well as an investment, a first home, or a future owner-occupant opportunity. Strong demand in this corridor means it holds its value year after year.

Listing Agent

Deanna Heinze

eXp Realty License #SA704025000 Listed on: 06/02/2026

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $951

Year Built

  • Built in 1985

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

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

  • Rover Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • 54 Sq Ft Lot
  • Property is near bus stop

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
  • 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: 261.19
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Refrigerator, Electric Oven, Electric Range, 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: 2
  • Window Features: Skylight(s)

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

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

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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: Rover Elementary School
  • 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
06/02/2026 06/02/26 For Sale $280,000 0.0% $261 / 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 0.0% $135 / Sq Ft
10/30/2015 10/30/15 Rented $925 0.0% --
10/20/2015 10/20/15 For Rent $925 +3.4% --
07/25/2014 07/25/14 Rented $895 0.0% --
07/25/2014 07/25/14 Under Contract -- -- --
06/11/2014 06/11/14 For Rent $895 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7036269

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-069

Arizona Maricopa County Tempe 85281 Downtown Tempe

1245 W 1st St Unit E116, Tempe, AZ

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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Listing Agent
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eXp Realty
(623) 304-8926
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