$765,000
SOLD FEB 28, 2025

120 E Rio Salado Pkwy Unit 602 Tempe, AZ 85281

Downtown Tempe Neighborhood
2 Beds
2 Baths
1,495 Sq Ft
$1,232/mo HOA Fee

Recently Sold

$512 Per Sq Ft

Highlights

  • Concierge
  • Unit is on the top floor
  • City Lights View
  • Fitness Center
  • Gated Parking
  • 1-minute walk to Neil G Giuliano Park

About This Home

As of February 2025

Elevate your lifestyle with this exceptional luxury condo, where breathtaking water views meet the vibrant energy of Tempe's most coveted location. Perched above Tempe Town Lake, this residence offers an unparalleled blend of sophistication, convenience, and scenery rarely found in Arizona.

Step inside to discover a meticulously designed space with high-end finishes and a modern aesthetic. The fully remodeled kitchen is a chef's dream, boasting sleek granite countertops, custom cabinetry, top-of-the-line appliances, and an oversized pantry. Floor-to-ceiling windows flood the living space with natural light, drawing your gaze to the stunning lake, pool, and mountain views beyond.

The primary suite is a private retreat, offering direct balcony access where you can unwind while soaking in panoramic vistas of A Mountain, Papago Buttes, and the sparkling city lights. Indulge in the spa-inspired ensuite, featuring a soaking tub, walk-in shower, and a generous walk-in closet. A split-bedroom floor plan ensures privacy, with a secondary bedroom and a beautifully remodeled guest bath completing the space.

Beyond your front door, resort-style amenities awaitgated underground parking, a sparkling pool and spa, an outdoor kitchen, a recreation area, and concierge services, all designed to provide the ultimate in luxury and convenience. Just steps away, immerse yourself in Tempe's dynamic lifestyle, with world-class dining, entertainment, and outdoor recreation at your fingertips. Miles of biking and running trails, lake activities, and quick freeway access make this a true urban oasis.

Rarely does an opportunity arise to own a home that seamlessly blends waterfront serenity with the pulse of city life. This is not just a residenceit's a lifestyle.

Last Agent to Sell the Property

Jon Mark Estes

RETSY License #SA687372000

RETSY

Last Buyer's Agent

Steven Sommer

Silverleaf Realty License #SA041507000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,736

Year Built

  • Built in 2006

Lot Details

  • 1,486 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $1,232 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking
  • Unassigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,495 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Kitchen Updated in 2024
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2024
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2024
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Pool Ramp Entry
  • Stair Lift
  • Accessible Approach with Ramp

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Tempe Elementary Online Community
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Cooling System Updated in 2024
  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6-02
  • Assessor Parcel Number 132-20-054

Community Details

Overview

  • Association fees include insurance, pest control, electricity, ground maintenance, front yard maint, trash
  • Brown Management Association, Phone Number (480) 339-8820
  • High-Rise Condominium
  • Built by Suncor Development Company
  • Edgewater Hayden Ferry Lakeside Condo Amd Subdivision
  • 8-Story Property

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Security Guard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,736

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,232 per month

Parking

2

Listing Details

  • Cross Street: Mill/Rio Salado Pkwy
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1232.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2024
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2024
  • Items Updated Ht Cool Yr Updated: 2024
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2024
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2024
  • Directions: East on Rio Salado. First left into Hayden Ferry Lakeside. Turn right at roundabout. Parking is at the end of the drive under building 140. Press 02 for Edgewater Front Desk for parking access.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1232.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Approach with Ramp, Pool Ramp Entry, Stair Lift
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1495.0
  • Stories: 8
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above
  • Construction Type: Painted, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Unassigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Concierge, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 1232.0
  • Association Fee Frequency: Monthly
  • Association Name: Edgewater HOA
  • Phone: 480-339-8820
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Edgewater HOA
  • Association Fees:HOA Telephone4: 480-339-8820
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.2
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 2464.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 210.0
  • Association Fees:Other Fees Description: $185 New Owner/Resale fee + $25 Homewise fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management
  • Association Fees:HOA Management Phone: 480-339-8820
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes
  • Association Fee Incl:Electric8: Yes

Fee Information

  • Association Fee Includes: Insurance, Pest Control, Electricity, Maintenance Grounds, Front Yard Maint, Trash

Schools

  • Elementary School: Tempe Elementary Online Community
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1486.0
  • Parcel #: 132-20-054
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Suncor Development Company

Tax Info

  • Tax Annual Amount: 3736.0
  • Tax Book Number: 132.00
  • Tax Lot: 6-02
  • Tax Map Number: 20.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $765,000 0.0% $512 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
02/09/2025 02/09/25 For Sale $765,000 +31.9% $512 / Sq Ft
11/18/2021 11/18/21 Sold $580,000 -3.3% $388 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $600,000 0.0% $401 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $600,000 -- $401 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,736 $33,352 -- --
2024 $3,691 $31,763 -- --
2023 $3,691 $40,520 $8,100 $32,420
2022 $3,540 $34,800 $6,960 $27,840
2021 $3,565 $34,960 $6,990 $27,970
2020 $3,457 $30,600 $6,120 $24,480
2019 $3,391 $34,270 $6,850 $27,420
2018 $3,307 $37,330 $7,460 $29,870
2017 $3,209 $36,070 $7,210 $28,860
2016 $3,186 $30,950 $6,190 $24,760
2015 $3,060 $24,450 $4,890 $19,560
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $587,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $765,000 Wfg National Title Insurance C
Warranty Deed -- None Listed On Document
Warranty Deed $580,000 Clear Title Agency Of Az
Interfamily Deed Transfer -- Clear Title Agency Of Az
Interfamily Deed Transfer -- Clear Title Agency Of Az
Interfamily Deed Transfer -- Clear Title Agency Of Az
Special Warranty Deed $733,873 Security Title Agency
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6818009

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-20-054