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$360,000
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Property Description
Well-maintained 2-bedroom, 2.5-bath unit in the gated community of Villagio at Tempe, located just across from Sloan Park. This desirable dual primary suite floor plan offers flexibility, with each bedroom featuring its own private bath, plus a convenient half bath for guests. The open main living area flows into a well-appointed kitchen with granite countertops, island layout, and stainless steel appliances-ideal for everyday living and entertaining. Clean, bright, and move-in ready throughout. The Villagio offers gated entry with security, multiple community pools and spas, dog park area, and well-maintained common areas with walking paths. HOA covers exterior maintenance, water, sewer, trash, and more for added convenience. Unbeatable location near Arizona State, Loop 101 & 202 Freeway, Tempe Marketplace, Mesa Riverview, dining, shopping and Phoenix Sky Harbor International Airport. A great option for a primary residence, second home, or investment in a highly convenient Tempe location.
Full Property Details
Full Property Details for 2401 E Rio Salado Pkwy #1197
General
- Price: $360,000
- HOA FEE: $248/month
- Taxes: $1,971 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7015693
- Updated: 7/9/2026
- Added to Site: 95 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Upstairs, Pantry, Full Bth Master Bdrm
- Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Dishwasher, Disposal
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Upstairs Laundry
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Attch'd Gar Cabinets
Location
- County: Maricopa
- Township: 1N
- Subdivision: VILLAGIO AT TEMPE CONDOMINIUM AMD
- Cross Streets: E Rio Salado Pkwy & Hwy 101/202
Community
- Association: Yes
- Assoc. Name: Villagio at Tempe
- Assoc. Fees Include: Roof Repair, Insurance, Street Maint, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Builder: DR Horton
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Built-Up
- Sq. Ft. Source: Assessor
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 682
- Lot Size Source: Assessor
- Lot Features: None
Financial Considerations
- Association Fee: $248
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,971
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 3 VILLAGIO AT TEMPE CONDOMINIUM AMD MCR 081418
- Property ID: 135-41-074
- Range: 5E
- Section: 18
- Lot Number: 3
Listed by My Home Group Real Estate
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Price & Sales History for 2401 E Rio Salado Pkwy #1197
Date
Details
Price
Change
Source
7/09/2026
Price Reduced
$360,000
-1.37%
MLS
6/24/2026
Price Reduced
$365,000
-0.82%
MLS
6/22/2026
Price Reduced
$368,000
-0.54%
MLS
6/10/2026
Price Reduced
$370,000
-0.54%
MLS
6/05/2026
Price Reduced
$372,000
-0.8%
MLS
4/29/2026
Price Reduced
$375,000
-1.83%
MLS
4/17/2026
Listed
$382,000
73.64%
MLS
10/23/2017
Sold
$220,000
—
Public Record
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
Tax History for 2401 E Rio Salado Pkwy #1197
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,971
—
$18,908
-43%
2025
$1,971
9%
$33,130
-6%
2023
$1,809
5%
$35,250
23%
2022
$1,727
—
$28,580
22%
2022
$1,727
-2%
$23,450
12%
2021
$1,761
3%
$20,920
7%
2020
$1,703
2%
$19,530
6%
2019
$1,670
3%
$18,470
9%
2018
$1,625
3%
$17,020
8%
2017
$1,575
1%
$15,780
-4%
2016
$1,567
3%
$16,450
-1%
2015
$1,516
-2%
$16,680
34%
2014
$1,551
14%
$12,460
24%
2013
$1,355
—
$10,050
—
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 2401 E Rio Salado Pkwy #1197
2401 E Rio Salado Parkway #1197, Tempe, AZ 85288 (MLS# 7015693) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 2401 E Rio Salado Parkway #1197 is currently listed for $360,000 and was received on April 17, 2026. Want to learn more about 2401 E Rio Salado Parkway #1197? 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.

