Sold for $675,000 on 12/03/25
$675,000
120 Rio Salado Pkwy #305, Tempe, AZ 85281
2beds
1,607sqft
Condominium
Built in 2006
-- sqft lot
$674,800 Zestimate®
$420/sqft
$3,217 Estimated rent
Home value
$674,800
$621,000 - $736,000
$3,217/mo
Zestimate® history
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What's special
Resort style, posh condo living awaits! Located in the heart of Tempe, alongside Tempe Town Lake, this stunning 2 bed/2 bath condo is luxury at its finest. Enjoy the stunning views of Mill Avenue Bridge, Tempe Town Lake, Papago Park & twinkling city lights from your floor to ceiling windows or 1 of 2 balconies. Remodeled w/the highest quality finishes, this condo will not disappoint. HOA covers all community amenities plus water, trash, sewer, gas, electric & 2 deeded underground parking spaces. You are steps away from the vibrant lifestyle of Tempe, but you may never want to leave! With access to a lap pool, spa, gym, billiards room, board room, several outdoor areas w/grass, community garden, fireplaces, BBQ & even pizza ovens! Full time on-site concierge at your convenience as well!
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 10:17am
Listed by:
Dawn Matesi 480-236-8869,
Locality Real Estate
Bought with:
Michael J Scherr, BR695582000
Gentry Real Estate
Source: ARMLS,MLS#: 6888299

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
Features
- Double Vanity, 9+ Flat Ceilings, Elevator, No Interior Steps, 3/4 Bath Master Bdrm
- Flooring: Stone
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room, Gas
Interior area
- Total structure area: 1,607
- Total interior livable area: 1,607 sqft
Property
Parking
- Total spaces: 2
- Parking features: Gated, Assigned, Community Structure
- Garage spaces: 2
Features
- Stories: 8
- Exterior features: Balcony
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City Lights, Mountain(s)
Lot
- Size: 1,597 sqft
Details
- Parcel number: 13220039
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other
- Roof: Other
Condition
- Year built: 2006
Details
- Builder name: RESIDENTIAL CONSTRUCTORS
Utilities & green energy
- Sewer: Other
- Water: City Water
- Utilities for property: Other
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Community
- Community features: Lake, Community Spa, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Community Media Room, Concierge, Biking/Walking Path
Location
- Region: Tempe
- Subdivision: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,456 monthly
- Services included: Electricity, Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Gas, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior
- Association name: Edgewater Hayden Fer
- Association phone: 480-539-1396
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Sold | $675,000-6.3%$420/sqft |
Source: | ||
| 12/1/2025 | Pending sale | $720,000$448/sqft |
Source: | ||
| 11/13/2025 | Contingent | $720,000$448/sqft |
Source: | ||
| 9/10/2025 | Price change | $720,000-1.4%$448/sqft |
Source: | ||
| 8/8/2025 | Price change | $730,000-0.7%$454/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,229 -11.8% | $49,230 +63.5% |
| 2023 | $3,660 +3.8% | $30,119 -19.3% |
| 2022 | $3,525 +17.9% | $37,330 -0.6% |
Find assessor info on the county website
Neighborhood: 85281
Nearby schools
GreatSchools rating
- 4/10Cecil Shamley SchoolGrades: PK-8Distance: 1.4 mi
- 6/10Tempe High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Cecil Shamley School
- Middle: Cecil Shamley School
- High: Tempe High School
- District: Tempe School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$674,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$674,800



