435 W RIO SALADO Parkway # 204 Tempe, AZ $ 485,000
435 W RIO SALADO Parkway # 204
$ 485,000
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435 W RIO SALADO Parkway # 204

Tempe, AZ, 85281
$ 485,000
Bedrooms2 Baths2.0 Sq 1,082

Monthly Estimate*

$ 2,986

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Condo for sale in Tempe, AZ

for $485,000 with 2 bedrooms and 2 full baths. This 1,082 square foot condo was built in 2002.

Beautifully positioned pool-view end unit in the gated Regatta Pointe community, just steps from Tempe Town Lake. This private corner location offers a walk-out patio/balcony overlooking the pool and interior courtyard. Inside, you'll find an open floor plan with split bedrooms for added privacy and ample natural light. The newly 2024 remodeled kitchen features modern finishes and new appliances, while both bathrooms were updated in 2025 with new lighting, vanities, tile and fixtures. Additional improvements include an updated heat pump and A/C system installed in 2021 for year-round comfort. The home includes a washer and dryer in unit, along with a detached one-car garage plus additional assigned parking. This private community features a pool, spa, workout facility, and clubhouse. Walking distance to Tempe Marketplace, Tempe Town Lake, Arizona State University, downtown Tempe, and Mill Avenue District. Easy access to light rail, dining, shopping, and entertainment makes this an exceptional opportunity in a prime location. Welcome home!

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Condo Active

Price

$ 485,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,122

Style

Santa Barbara/Tuscan

Year Built

2002

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6991626

Features
Interior
Interior Amenities Quartz Countertops High Speed Internet Double Vanity Eat-in Kitchen Breakfast Bar Elevator No Interior Steps Pantry Full Bth Master Bdrm
Flooring Carpet Tile
Total Stories 3
Common Walls 1 Common Wall Neighbor Below Neighbor Above
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Dual Pane
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 Heat Pump Central Air Ceiling Fan(s)
Possession Close Of Escrow
Roof Tile Foam
HOA Fee 400.0
Garage Spaces 1.0
Association Fee Includes Roof Repair Insurance Sewer Maintenance Grounds Front Yard Maint Trash Water Roof Replacement Maintenance Exterior
Architectural Style Santa Barbara/Tuscan
Security Features Fire Sprinkler System
Construction Materials Stucco Wood Frame Painted
Year Built 2002
Township 1N
Unit Number 204
Property Subtype Apartment
Tax Year 2025
Ownership Condominium
Community Features Pool Lake Gated Community Spa Htd Near Light Rail Stop Near Bus Stop Biking/Walking Path 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 Pkwy take Lakeside Dr to gate. Unit is on the North side.
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 1.0
Lot Size Units Square Feet
Lot Size Square Feet 116.0
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 3122.0
Home Warranty Y/N N
Current Financing Non Assumable
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 212
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 Storage Built-in Barbecue
Fencing Block Wrought Iron
Parking Features Detached Garage Gated Garage Door Opener Addtn'l Purchasable Assigned Permit Required
Lot Features North/South Exposure Desert Back Desert Front
Water Source City Water
Lot Size Area 116.0
Spa Y
Lot Size Acres 0.0
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 435
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* Excluded Features
List By
Lpt Realty, Llc

Broker

anna@dickinsongroupre.com

Email

Affordability Calculator

$3,246
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
$260
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
3/1/2026$485,000 Listed Price

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435 W RIO SALADO Parkway # 204, Tempe, AZ, 85281 is a Condo for sale at $485,000 with 1,082 sqft. 435 W RIO SALADO Parkway # 204 has 2 bedrooms, 2.0 baths, and was built in 2002. The property's zip code is 85281 which is in Tempe, AZ