Date
Details
Price
Change
Source
1/15/2026
Listed
$470,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$470,000 Just Listed
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Property Description
Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with soaking tub, glass-enclosed shower, and generous closet space. Enjoy outdoor living from the private covered balcony overlooking the water. The unit includes a dedicated parking space and storage unit. Community amenities include pool, spa, fitness center, sauna, and on-site management. Minutes from the light rail station, a short walk to Mill Avenue, nearby walking paths, restaurants, and ASU.
Full Property Details
Full Property Details for 120 E Rio Salado Pkwy #406
General
- Price: $470,000
- HOA FEE: $1,120/month
- Taxes: $2,954 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6967321
- Updated: 1/15/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Gas Cooktop, Built-In Gas Oven
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Additional Information
- Security/Safety: Fire Sprinkler System, Security Guard
Exterior
- Exterior Features: Balcony, Storage
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Gated, Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD
- Cross Streets: Mill Avenue & Rio Salado Parkway
Community
- Association: Yes
- Assoc. Name: Edgewater
- Assoc. Fees Include: Insurance, Sewer, Cable TV, Maintenance Grounds, Gas, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Other, Contemporary, High Rise
- Builder: Residential Constructors
- Exterior Const.: Steel Frame, Painted
- Roof: Built-Up, Concrete
- Windows: Triple Pane Windows
- Sq. Ft. Source: Assessor
- Year Built: 2006
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,168
- Lot Size Source: Assessor
- Lot Features: East/West Exposure
Financial Considerations
- Association Fee: $1,120
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,954
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 4-06 EDGEWATER HAYDEN FERRY LAKESIDE CONDO AMD MCR
- Property ID: 132-20-046
- Range: 4E
- Section: 15
- Lot Number: 4-06
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Schools
Schools serving 120 E Rio Salado Pkwy #406
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Cecil Shamley School 1500 N Scovel St, Tempe, AZ 85281 | PK-5 | 1.4 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 E Rio Salado Pkwy #406
Tax History
Tax History for 120 E Rio Salado Pkwy #406
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,954
7%
$40,300
10%
2024
$2,761
1%
$36,530
-3%
2023
$2,728
4%
$37,600
22%
2022
$2,616
—
$30,930
14%
2022
$2,616
-1%
$27,170
—
2021
$2,634
3%
$27,150
15%
2020
$2,554
2%
$23,580
-10%
2019
$2,506
3%
$26,270
-3%
2018
$2,444
3%
$27,170
2%
2017
$2,371
1%
$26,580
17%
2016
$2,354
4%
$22,760
24%
2015
$2,254
3%
$18,350
27%
2014
$2,180
7%
$14,410
7%
2013
$2,046
—
$13,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 E Rio Salado Pkwy #406
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120 E Rio Salado Parkway #406, Tempe, AZ 85281 (MLS# 6967321) is a Apartment property with 1 bedroom and 1 full bathroom. 120 E Rio Salado Parkway #406 is currently listed for $470,000 and was received on January 15, 2026. Want to learn more about 120 E Rio Salado Parkway #406? Do you have questions about finding other Apartment real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.