425 W RIO SALADO Parkway # 112 Tempe, AZ $ 524,900
425 W RIO SALADO Parkway # 112
$ 524,900
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425 W RIO SALADO Parkway # 112

Tempe, AZ, 85281
$ 524,900
Bedrooms2 Baths2.0 Sq 904

Monthly Estimate*

$ 3,232

425 W RIO SALADO Parkway # 112, Tempe, AZ 85281 - Image 1
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Condo for sale in Tempe, AZ

for $524,900 with 2 bedrooms and 2 full baths. This 904 square foot condo was built in 2002 on a lot size of 0.02.

Move in ready home with prime location and views. Recent updated kitchen, baths, quartz counters, stainless steel appliances, luxury vinyl plank, plantation shutters, paint and fixtures. Functional 2 bed/2 full bath floor plan has highly sought after attached direct entry garage with extra width for storage. Garage enters directly into a versatile basement flex space with laundry. Basement not included in Tax Assessor square footage and adds approx. 200 square feet to total area. Prime ground floor location with 2 private covered patios that offer stunning views of Tempe Town Lake and mountains. Gated resort-style community has clubhouse, pool/spa, grills and fitness center. Located across street from Tempe Town Lake and Beach and near ASU, Mill Ave, golf, airport, light rail.

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Condo Active

Price

$ 524,900

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 2,688

Style

Contemporary

Lot Size

0.02

Year Built

2002

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6988506

Features
Interior
Interior Amenities Quartz Countertops High Speed Internet Double Vanity Full Bth Master Bdrm
Basement Interior Entry Finished Partial
Flooring Laminate
Total Stories 3
Common Walls Two Common Walls Neighbor Above
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Screens
Fireplace Y/N N
Laundry Features Inside
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Built-in Microwave True
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Exterior
Model Resiance A
Exterior Amenities Balcony
Fencing Wrought Iron
Parking Features Attached Garage Detached Carport Garage Door Opener Direct Access
Lot Features North/South Exposure Sprinklers In Front Synthetic Grass Frnt
Water Source City Water
Lot Size Area 818.0
Spa Y
Lot Size Acres 0.02
Road Surface Type Asphalt
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Possession Close Of Escrow
Roof Tile Built-Up
HOA Fee 400.0
Garage Spaces 1.0
Association Fee Includes Roof Repair Insurance Sewer Maintenance Grounds Trash Water Roof Replacement Maintenance Exterior
Architectural Style Contemporary
Security Features Fire Sprinkler System
Construction Materials Stucco Wood Frame Painted
Year Built 2002
View Lake City Lights Mountain(s)
Township 1N
Unit Number 112
Property Subtype Apartment
Tax Year 2025
Ownership Condominium
Community Features Pool Gated Community Spa Htd Near Light Rail 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
Total Rooms 5
Special Listing Conditions N/A
Status Active
Directions East on Rio Salado from Priest OR West on Rio Salado from Mill. South ON Lakeside DR to Security Gate at end of street. KEY PAD is on right side before the gate. Park inside the gate at guest parking
High School Tempe High School
City Tempe
Disclosures Agency Discl Req Seller Discl Avail Vicinity of an Airport
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 818.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Heated
Elementary School Scales Technology Academy
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 2688.0
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 Vacant
Elementary School District Tempe School District
Tax Lot 158
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 400.0
New Financing Cash True
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Internal Only
Street Number 1 425
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* Excluded Features
List By
Marsh Management & Real Estate

Broker

lindbergappraisals@cox.net

Email

Affordability Calculator

$3,456
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,232
Monthly Property Taxes
$224
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
2/25/2026$524,900 Listed Price

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425 W RIO SALADO Parkway # 112, Tempe, AZ, 85281 is a Condo for sale at $524,900 with 904 sqft and a lot size of 0.02. 425 W RIO SALADO Parkway # 112 has 2 bedrooms, 2.0 baths, and was built in 2002. The property's zip code is 85281 which is in Tempe, AZ