$1,100,000
SOLD OCT 24, 2024

120 E Rio Salado Pkwy Unit 703 Tempe, AZ 85281

Downtown Tempe Neighborhood
3 Beds
2.5 Baths
2,257 Sq Ft
$1,570/mo HOA Fee

Recently Sold

$487 Per Sq Ft

15% Below List Price

56 Days on Market

Highlights

  • Concierge
  • Gated with Attendant
  • City Lights View
  • Fitness Center
  • Gated Parking
  • 1-minute walk to Neil G Giuliano Park

About This Home

As of October 2024

This is It!!! This fully furnished Penthouse situated high above Edgewater's water's edge at Tempe town lake. This opulent 3 bedroom boasts elevated 180 degree 7th story balcony, panoramic views of city, mountains, lake & valley from east to west. (especially on the 4th of July). With close proximity to ASU & down town Tempe, there's quick access to ASU athletic events, Tempe Towne Lake/ Mill Ave. night life and easy access to MLB Spring Training. Additional amenities include walking and biking paths, boat rentals, lakeside live concerts, private fitness center, 24 hr concierge, conference & pool rooms, heated pool/spa and secure private parking . Don't miss this select opportunity! Its sure to please the discerning, active, traveling, lock and leave, individuals who enjoy the rare air!

Last Agent to Sell the Property

Doug Lewis

Res Comm Realty License #BR043362000

Last Buyer's Agent

Robin Foss

Revinre License #SA668947000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,980

Year Built

  • Built in 2006

HOA Fees

  • $1,570 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Home Design

  • Designed by Contemporary Architects
  • Contemporary Architecture
  • Block Exterior
  • Stone Exterior Construction
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 2,257 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Triple Pane Windows
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Geneva Epps Mosley Middle Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Waterfront
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 7-03
  • Assessor Parcel Number 132-20-061

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, electricity, ground maintenance, street maintenance, front yard maint, gas, trash, water, roof replacement, maintenance exterior
  • Brown Community Mgmt Association, Phone Number (480) 339-8820
  • High-Rise Condominium
  • Built by Suncor Development
  • Edgewater Hayden Ferry Lakeside Condo Amd Subdivision
  • Community Lake
  • 8-Story Property

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,980

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,570 per month

Parking

3

Listing Details

  • Cross Street: Rural and Rio Salado Parkway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Contemporary
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1570.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2023
  • Directions: West on Rio Salado to Hayden Ferry Lakeside then north to round about. Take first right at roundabout to building on the left / guest parking on the right.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
  • Architectural Style: Contemporary, Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1570.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Furnished(See Rmrks), Fire Sprinklers, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2257.0
  • Stories: 8
  • Window Features: Triple Pane Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: 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:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • Community Features:Concierge: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Waterfront Lot
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail, Vicinity of an Airport
  • Construction Type: See Remarks, Painted, Stucco, Stone, Block, Frame - Metal
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Assigned, Gated
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Lake Subdivision, Guarded Entry, Concierge, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 1570.0
  • 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: 3640.0
  • Association Fees:Disclosure Fees HOA: 215.0
  • Association Fees:Other Fees HOA: 185.0
  • Association Fees:Other Fees Description: See semi private remarks and Attachment
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Community Mgmt
  • Association Fees:HOA Management Phone: 480-339-8820
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Gas6: Yes
  • Association Fee Incl:Electric8: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Electricity, Maintenance Grounds, Street Maint, Front Yard Maint, Gas, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2262.0
  • Parcel #: 132-20-061
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Suncor Development

Tax Info

  • Tax Annual Amount: 7980.0
  • Tax Book Number: 132.00
  • Tax Lot: 7-03
  • Tax Map Number: 20.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/24/2024 10/24/24 Sold $1,100,000 0.0% $487 / Sq Ft
09/30/2024 09/30/24 Price Changed $1,100,000 -15.1% $487 / Sq Ft
08/12/2024 08/12/24 For Sale $1,295,000 -- $574 / 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 $8,077 $72,108 -- --
2024 $7,980 $68,674 -- --
2023 $7,980 $86,630 $17,320 $69,310
2022 $7,655 $70,080 $14,010 $56,070
2021 $7,708 $70,630 $14,120 $56,510
2020 $7,474 $68,450 $13,690 $54,760
2019 $7,332 $65,230 $13,040 $52,190
2018 $7,150 $62,920 $12,580 $50,340
2017 $6,937 $72,260 $14,450 $57,810
2016 $6,865 $59,950 $11,990 $47,960
2015 $6,616 $51,450 $10,290 $41,160
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,003 Credit Line Revolving
Previous Owner $1,160,019 Negative Amortization
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 Navi Title Agency
Cash Sale Deed $645,000 American Title Service Agenc
Interfamily Deed Transfer -- None Available
Cash Sale Deed $530,000 American Title Service Agenc
Interfamily Deed Transfer -- Accommodation
Cash Sale Deed $460,000 North American Title Company
Special Warranty Deed $1,546,693 Security Title Agency Inc
Source: Public Records

Similar Home in Tempe, AZ

  • 945 E Playa Del Norte Dr Unit 4017, Tempe, AZ 85281

    $845,000

    • 3 Beds
    • 2 Baths
    • 1,848 Sq Ft
    • 945 E Playa Del Norte Dr
    • Unit 4017
    • Tempe, AZ

    Your Dream Home at North Shore Condominium. Wake up to stunning views of Tempe Town Lake in this fully remodeled, move-in ready condo. Enjoy two spacious balconies—one perfect for entertaining with a pool and lake view, and the other a private retreat off the master suite. Inside, you'll find modern finishes, smart home upgrades, a wine bar, and a cozy fireplace. The community offers a heated

    Mary Murphy Real Broker

    Section Image
See All Homes in Tempe

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6750949

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-20-061

Arizona Maricopa County Tempe 85281 Downtown Tempe

120 E Rio Salado Pkwy Unit 703, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 120 E Rio Salado Pkwy Unit 703, Tempe, AZ 85281 and is currently priced at $1,100,000, approximately $487 per square foot. This property was built in 2006. 120 E Rio Salado Pkwy Unit 703 is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393