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$524,900
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Property Description
Move in ready home with prime location and views. Recent updated kitchen, baths, quartz counters, stainless steel appliances, luxury vinyl plank, plantation shutters, paint and fixtures. Functional 2 bed/2 full bath floor plan has highly sought after attached direct entry garage with extra width for storage. Garage enters directly into a versatile basement flex space with laundry. Basement not included in Tax Assessor square footage and adds approx. 200 square feet to total area. Prime ground floor location with 2 private covered patios that offer stunning views of Tempe Town Lake and mountains. Gated resort-style community has clubhouse, pool/spa, grills and fitness center. Located across street from Tempe Town Lake and Beach and near ASU, Mill Ave, golf, airport, light rail.
Full Property Details
Full Property Details for 425 W Rio Salado Pkwy #112
General
- Price: $524,900
- HOA FEE: $400/month
- Taxes: $2,688 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6988506
- Updated: 2/25/2026
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Quartz Countertops, High Speed Internet, Double Vanity, Full Bth Master Bdrm
- Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Fire Sprinkler System
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Attached Garage, Detached Carport, Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1N
- Subdivision: REGATTA POINTE CONDOMINUMS AMD
- Cross Streets: Rio Salado Pkwy and (Priest Dr or Mill Ave)
Community
- Association: Yes
- Assoc. Name: Regatta Pointe
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, 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.: Stucco, Wood Frame, Painted
- Roof: Tile, Built-Up
- Common Walls: Two Common Walls, Neighbor Above
- Windows: Screens
- Sq. Ft. Source: Assessor
- Year Built: 2002
Manufactured Home
- Model: Resiance A
Lot Features
- Property View: Lake, City Lights, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 818
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: North/South Exposure, Sprinklers In Front, Synthetic Grass Frnt
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $400
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,688
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 158 REGATTA POINTE CONDOMINUMS AMD MCR
- Property ID: 124-24-067
- Range: 4E
- Section: 16
- Lot Number: 158
Listed by Marsh Management & Real Estate
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Schools
Schools serving 425 W Rio Salado Pkwy #112
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 425 W Rio Salado Pkwy #112
Date
Details
Price
Change
Source
2/25/2026
Listed
$524,900
228.06%
MLS
2/10/2011
Sold
$160,000
—
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 #112
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,688
7%
$33,560
-6%
2024
$2,512
1%
$35,860
8%
2023
$2,481
4%
$33,250
2%
2022
$2,380
—
$32,510
19%
2022
$2,380
-1%
$27,300
6%
2021
$2,397
3%
$25,770
5%
2020
$2,324
2%
$24,630
10%
2019
$2,280
3%
$22,330
-3%
2018
$2,223
3%
$22,910
5%
2017
$2,157
1%
$21,860
20%
2016
$2,142
4%
$18,200
9%
2015
$2,057
3%
$16,770
28%
2014
$1,990
9%
$13,110
9%
2013
$1,833
—
$12,050
—
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 425 W Rio Salado Pkwy #112
425 W Rio Salado Parkway #112, Tempe, AZ 85281 (MLS# 6988506) is a Apartment property with 2 bedrooms and 2 full bathrooms. 425 W Rio Salado Parkway #112 is currently listed for $524,900 and was received on February 25, 2026. Want to learn more about 425 W Rio Salado Parkway #112? 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.

