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$280,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 2 Full Baths
  • Updated 1 hour ago
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Just minutes from Arizona State University, this 2-story townhome condo offers the perfect combination of location and lifestyle. Newer flooring throughout gives the space a clean, updated feel, and the two-level layout provides great separation of space. Step outside to a private front patio or head upstairs to the private balcony off the bedrooms -- outdoor space that truly sets this unit apart. Currently tenant-occupied with rental income in place, this property works equally well as an investment, a first home, or a future owner-occupant opportunity. Strong demand in this corridor means it holds its value year after year.

Full Property Details for 1245 W 1st St #116

General

  • Price: $280,000
  • HOA FEE: $225/month
  • Taxes: $951 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7036269
  • Updated: Today (6/2/2026)
  • Added to Site: Today

Interior

  • Interior Features: Upstairs, Vaulted Ceiling(s), Pantry, 2 Master Baths, Full Bth Master Bdrm
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Stacked Washer/Dryer, Refrigerator, Dishwasher, Electric Range, Electric Oven
  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: Balcony

Parking

  • Parking Features: Assigned

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: RIO SALADO VILLAS
  • Cross Streets: 1st Street & Hardy

Community

  • Association: Yes
  • Assoc. Name: RIO SALADO VILLAS
  • Assoc. Fees Include: Roof Repair, Sewer, Trash, Water, Roof Replacement

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Electric

Utilities

  • Water: City Water

Structural Information

  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Foam
  • Windows: Skylight(s)
  • Sq. Ft. Source: Assessor
  • Year Built: 1985

Lot Features

  • Lot Size (Sq. Ft.): 54
  • Lot Size Source: Assessor
  • Lot Features: None

Financial Considerations

  • Association Fee: $225
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $951
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 116 RIO SALADO VILLAS MCR 026631
  • Property ID: 124-28-069
  • Range: 4E
  • Section: 16
  • Lot Number: 116

Listed by eXp Realty

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— 1245 W 1st St #116 —

  • eXp Realty

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 1245 W 1st St #116 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/02/2026
Listed
$280,000
97.18%
MLS
4/10/2017
Sold
$142,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1245 W 1st St #116

Year
Property Taxes
Change
Tax Assessment
Change
2025
$951
8%
$24,670
—
2024
$884
1%
$24,730
-6%
2023
$873
5%
$26,210
26%
2022
$834
—
$20,810
29%
2022
$834
-2%
$16,160
13%
2021
$850
3%
$14,260
5%
2020
$822
2%
$13,630
22%
2019
$806
3%
$11,170
2%
2018
$784
3%
$10,900
12%
2017
$760
1%
$9,750
15%
2016
$756
3%
$8,500
26%
2015
$731
-2%
$6,750
13%
2014
$746
14%
$5,960
23%
2013
$654
—
$4,850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1245 W 1st Street #116, Tempe, AZ 85281 (MLS# 7036269) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 1245 W 1st Street #116 is currently listed for $280,000 and was received on June 02, 2026. Want to learn more about 1245 W 1st Street #116? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

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