425 W RIO SALADO Parkway # 101 Tempe, AZ $ 509,900
425 W RIO SALADO Parkway # 101
$ 509,900
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425 W RIO SALADO Parkway # 101

Tempe, AZ, 85281
$ 509,900
Bedrooms2 Baths2.0 Sq 1,048

Monthly Estimate*

$ 3,140

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Condo for sale in Tempe, AZ

for $509,900 with 2 bedrooms and 2 full baths. This 1,048 square foot condo was built in 2002 on a lot size of 0.03.

Welcome to Tempe—where lifestyle meets location.This light-filled condo serves up an open, airy layout with tall ceilings, clean tile flooring, crown molding, and a vibe that's equal parts chill and functional.The kitchen keeps it sleek with granite counters and backsplash, matching appliances, and plenty of cabinet space. The primary suite features a spacious ensuite with dual vanities and walk-in closet. Private balcony has premium views of Tempe Town Lake and the surrounding mountains—morning coffee and sunset drinks just hit different here.The gated community includes pool, spa, and fitness center. Let's talk location: walk to Mill Ave, Tempe Town Lake, and ASU, with with restaurants, nightlife, trails, and entertainment around the corner. Prime investor opportunity close to ASU!

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Condo Active

Price

$ 509,900

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,040

Style

Contemporary

Lot Size

0.03

Year Built

2002

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6982005

Features
Interior
Interior Amenities High Speed Internet Granite Counters Double Vanity Breakfast Bar 9+ Flat Ceilings Pantry Full Bth Master Bdrm
Flooring Carpet Tile
Total Stories 3
Common Walls Neighbor Above End Unit
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Inside
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Built-in Microwave True
Pantry True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Possession Close Of Escrow
Roof Other
HOA Fee 400.0
Garage Spaces 1.0
Association Fee Includes Insurance Sewer Pest Control Maintenance Grounds Trash Water Roof Replacement Maintenance Exterior
Architectural Style Contemporary
Security Features Fire Sprinkler System Security System Owned
Construction Materials Brick Veneer Stucco Wood Frame Painted
Year Built 2002
View Lake City Lights Mountain(s)
Township 1N
Unit Number 101
Property Subtype Apartment
Tax Year 2025
Ownership Condominium
Community Features Pool Gated Community Spa Community Spa Htd Near Light Rail Stop Near Bus Stop Fitness Center
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name REGATTA POINTE CONDOMINUMS AMD
Possible Use None
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions From Rio Salado turn South on to Lakeside Drive. Park in visitor parking B4 the building on your left. Use brown entry door closest to West end of the 425 building.
High School Tempe High School
City Tempe
Disclosures Agency Discl Req Seller Discl Avail
Association Name Regatta Pointe
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 1387.0
Carport Spaces 2.0
Carport Y/N N
Spa Features None
Elementary School Scales Technology Academy
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 3040.0
Home Warranty Y/N N
Middle/Junior High School Geneva Epps Mosley Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Picerne
Standard Status Active
Occupancy Type Owner
Elementary School District Tempe School District
Tax Lot 147
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 400.0
New Financing Cash True
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Exterior
Exterior Amenities Balcony
Fencing See Remarks Other Wrought Iron
Parking Features Gated Garage Door Opener Assigned
Lot Features North/South Exposure Desert Front
Water Source City Water
Lot Size Area 1387.0
Spa N
Lot Size Acres 0.03
Road Surface Type Asphalt
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 3.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 425
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* Excluded Features
List By
Real Broker

Broker

amprewitt13@gmail.com

Email

Affordability Calculator

$3,393
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,140
Monthly Property Taxes
$253
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327390 Elementary School
4327128 Middle School
Tempe High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$509,900 Listed Price

Map


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425 W RIO SALADO Parkway # 101, Tempe, AZ, 85281 is a Condo for sale at $509,900 with 1,048 sqft and a lot size of 0.03. 425 W RIO SALADO Parkway # 101 has 2 bedrooms, 2.0 baths, and was built in 2002. The property's zip code is 85281 which is in Tempe, AZ