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$509,900 Just Listed
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Property Description
Welcome to Tempe-where lifestyle meets location.This light-filled condo serves up an open, airy layout with tall ceilings, clean tile flooring, crown molding, and a vibe that's equal parts chill and functional.The kitchen keeps it sleek with granite counters and backsplash, matching appliances, and plenty of cabinet space. The primary suite features a spacious ensuite with dual vanities and walk-in closet. Private balcony has premium views of Tempe Town Lake and the surrounding mountains-morning coffee and sunset drinks just hit different here.The gated community includes pool, spa, and fitness center. Let's talk location: walk to Mill Ave, Tempe Town Lake, and ASU, with with restaurants, nightlife, trails, and entertainment around the corner. Prime investor opportunity close to ASU!
Full Property Details
Full Property Details for 425 W Rio Salado Pkwy #101
General
- Price: $509,900
- HOA FEE: $400/month
- Taxes: $3,040 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6982005
- Updated: 2/13/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
- Appliances: Built-in Microwave, Dishwasher, Disposal
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Fire Sprinkler System, Security System Owned
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Gated, Garage Door Opener, Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: REGATTA POINTE CONDOMINUMS AMD
- Cross Streets: Mill and Rio Salado
Community
- Association: Yes
- Assoc. Name: Regatta Pointe
- Assoc. Fees Include: Insurance, Sewer, Pest Control, Maintenance Grounds, Trash, Water, 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
- Architectural Style: Contemporary,
- Builder: Picerne
- Exterior Const.: Brick Veneer, Stucco, Wood Frame, Painted
- Roof: Other
- Common Walls: Neighbor Above, End Unit
- Sq. Ft. Source: Assessor
- Year Built: 2002
Lot Features
- Property View: Lake, City Lights, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,387
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: North/South Exposure, Desert Front
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $400
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,040
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 147 REGATTA POINTE CONDOMINUMS AMD MCR
- Property ID: 124-24-056
- Range: 4E
- Section: 16
- Lot Number: 147
Listed by Real Broker
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Schools
Schools serving 425 W Rio Salado Pkwy #101
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Scales Technology Academy 1115 West 5th Street, Tempe, AZ 85281 | K-5 | 0.7 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 1.1 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 425 W Rio Salado Pkwy #101
Date
Details
Price
Change
Source
2/13/2026
Listed
$509,900
105.6%
MLS
2/13/2013
Sold
$248,000
—
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 425 W Rio Salado Pkwy #101
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,040
7%
$36,270
-6%
2024
$2,841
1%
$38,660
7%
2023
$2,807
21%
$35,970
3%
2022
$2,317
—
$35,080
18%
2022
$2,317
-2%
$29,660
6%
2021
$2,363
3%
$28,000
4%
2020
$2,284
2%
$27,020
10%
2019
$2,240
3%
$24,620
-3%
2018
$2,180
3%
$25,270
4%
2017
$2,112
—
$24,280
19%
2016
$2,102
3%
$20,370
8%
2015
$2,033
3%
$18,870
27%
2014
$1,978
8%
$14,830
9%
2013
$1,834
—
$13,600
—
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 425 W Rio Salado Pkwy #101
425 W Rio Salado Parkway #101, Tempe, AZ 85281 (MLS# 6982005) is a Apartment property with 2 bedrooms and 2 full bathrooms. 425 W Rio Salado Parkway #101 is currently listed for $509,900 and was received on February 13, 2026. Want to learn more about 425 W Rio Salado Parkway #101? 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.

