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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#: 6888299MLS Logo

    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

    DateEventPrice
    12/3/2025Sold$675,000-6.3%$420/sqft
    Source: ARMLS #6888299
    12/1/2025Pending sale$720,000$448/sqft
    Source: ARMLS #6888299
    11/13/2025Contingent$720,000$448/sqft
    Source: ARMLS #6888299
    9/10/2025Price change$720,000-1.4%$448/sqft
    Source: ARMLS #6888299
    8/8/2025Price change$730,000-0.7%$454/sqft
    Source: ARMLS #6888299

    Public tax history

    YearProperty taxesTax 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
    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