425 W Rio Salado, Tempe, AZ 85281 - Photo 1

1/1

$499,900

Sold
Closed
Single Family
2 Beds
2 Total Baths
1 Car Garage

1/1

Property Description

WOW! Highly sought-after LAKE-FRONT condo on ground floor* Incredible VIEWS from living rm, dining rm, kitchen & primary bdrm of Tempe Town Lake's water, paths, parks and mountains beyond* NEW A/C in July 2023* NEW wood-look vinyl flooring thru-out in November 2024 (NO carpet)* Dual-opening blinds in front windows - open from top or bottom* Fresh interior paint in Nov 2024* All on one level except for BASEMENT bonus room with WASHER/DRYER, loads of STORAGE space, and DIRECT ENTRY from GARAGE* Attached 1-car garage includes overhead storage racks* GATED community has heated pool & spa, common patios with BBQ, club house, & nicely equipped workout room* Walk or bike to Mill Ave, ASU, Tempe Town Lake, bars, dining, movies, etc. HURRY - this one won't last!!

Full Property Details

Full Property Details for 425 W Rio Salado

General

Sold For: $499,900
HOA FEE: $384/month
Taxes: $2,782 (2024)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6796225
Added to Site: 408 day(s) ago

Interior

Interior Features: High Speed Internet, Double Vanity, 9+ Flat Ceilings, Full Bth Master Bdrm
Fireplace(s): None
Flooring: Vinyl

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Exterior

Exterior Features: Private Street(s), Private Yard, Storage, Built-in Barbecue

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Gated, Garage Door Opener, Direct Access, Rear Vehicle Entry, Separate Strge Area

Location

County: Maricopa
Township: 1N
Subdivision: REGATTA POINTE CONDOMINUMS AMD
Cross Streets: University/Priest

Community

Association: Yes
Assoc. Name: Regatta Pointe
Assoc. Fees Include: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, 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
Utility Description: SRP

Structural Information

Exterior Const.: Stucco, Wood Frame, Painted
Roof: Tile
Common Walls: Two Common Walls, Neighbor Above
Sq. Ft. Source: Assessor
Year Built: 2002

Lot Features

Property View: City Light View(s), Mountain(s)
Mountain views: Yes
Lot Size (Sq. Ft.): 105
Lot Size Source: Assessor
Lot Features: Waterfront Lot, Synthetic Grass Frnt
Fencing (Description): Wrought Iron

Water Features

Water Front: Yes

Financial Considerations

Association Fee: $384
Assoc Fee Freq.: Monthly
Tax Amount: $2,782
Tax Year: 2024
Terms: Cash, Conventional

Disclosures and Reports

Ownership: Condominium
Legal Description: LOT 159 REGATTA POINTE CONDOMINUMS AMD MCR 057821
Property ID: 124-24-068
Range: 4E
Section: 16
Lot Number: 159

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Schools

Schools serving 425 W Rio Salado

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

Date

Details

Price

Change

Source

2/25/2025

Sold

$499,900

—

MLS

1/08/2025

Listed

$499,900

—

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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425 W Rio Salado, Tempe, AZ 85281 (MLS# 6796225) is a Single Family property that was sold at $499,900 on February 25, 2025. Want to learn more about 425 W Rio Salado? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

425 W Rio Salado Tempe, AZ 85281