425 W Rio Salado Parkway #112
Tempe, AZ 85281
For more information on this listing, contact us at: (480) 678-9028
Active
$459,900
-12.4%
425 W Rio Salado Parkway #112 Tempe, AZ 85281
Apartment
Property Type
2
Beds
2
Baths
1,134
Sq. Ft.
2002
Year Built
Maricopa
County
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.
MLS #
6988506
Monthly HOA
$400
On Site
259 Days
Last Updated
10/21/2026
Location
Contact Agent
William Hoppel III
(480) 678-9028Property Details
Community Information
School Information
School District
Tempe School District
High School
Tempe High School
Middle School
Geneva Epps Mosley Middle School
Elementary School
Scales Technology Academy
Architecture
Unit Number
#112
Bedrooms
2
Bathrooms
2
Year Built
2002
Stories
3
Style
Contemporary
Construction Materials
Stucco, Wood Frame, Painted
Stories
2
Unit Style
Two Levels, Two Common Walls, Neighbor Above, Ground Level
Roof
Tile, Built-Up
Basement
Interior Entry, Finished, Partial
Builder Name
Picerne
Garage Spaces
1
Covered Spaces
1.0
Parking Features
Attached Garage, Detached Carport, Garage Door Opener, Direct Access
Features / Amenities
Interior Features
Quartz Countertops, High Speed Internet, Double Vanity, Full Bth Master Bdrm
Appliances
Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
Flooring
Laminate
Laundry
Inside
Spa
Heated
Kitchen Features
Dishwasher, Disposal, Electric Range, Built-in Microwave, Refrigerator, Quartz Countertops
Master Bathroom
Full Bth Master Bdrm, Double Sinks
Other Rooms
Basement
Additional Bedroom
Master Bedroom Walk-in Closet
Dining Area
Dining in LRGR
Technology
High Speed Internet
Exterior Features
Balcony
Patio And Porch
Covered Deck
Window
Screens
Security Features
Fire Sprinkler System
Horses
No
Community Pool Features
Fenced
Cooling
Central Air, Ceiling Fan(s)
Heating
Electric
Total Rooms
5
Property Features
Lot Size
818 Sq. Ft. / 0.02 Acres
Lot Features
North/South Exposure, Sprinklers In Front, Synthetic Grass Frnt
View
Lake, City Lights, Mountain(s)
Community Features
Clubhouse/Rec Room, Community Spa Htd, Gated, Near Light Rail Stop, Workout Facility
Property Description
North/South Exposure
Landscaping
Synthetic Grass Frnt, Yrd Wtring Sys Front
Model
Resiance A
Sewer
Public Sewer
Water
Public
Road Surface
Asphalt
Fencing
Wrought Iron
Directions
East on Rio Salado from Priest OR West on Rio Salado from Mill. South ON Lakeside DR to Security Gate at end of street. KEY PAD is on right side before the gate. Park inside the gate at guest parking
Tax and Financial Info
Tax Year
2025
Tax Annual Amount
$2,688
Ownership
Condominium
Listing Terms
Cash, Conventional
Existing 1st Loan
Treat as Free/Clear
Possession
Close Of Escrow
Disclosures
Agency Discl Req, Seller Discl Avail, Vicinity of an Airport
Legal Description
LOT 158 REGATTA POINTE CONDOMINUMS AMD MCR
Association Fee
$400 (paid Monthly)
Association Fee Includes
Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
Association Rules/Info
Pets OK (See Rmrks), Rental OK (See Rmks), Prof Managed
Listing Office
Listing provided courtesy of Marsh Management & Real Estate (602-541-5204).
Rooms
| Level | |
| Master Bedroom | Main |
| Bedroom 2 | Main |
| Dining Room | Main |
| Living Room | Main |
| Bonus Room | Lower |
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Price Change History
| Date | Old Price | New Price | Percent Change |
| 3/23/2026 | $524,900 | $514,900 |
-1.9%
|
| 4/18/2026 | $514,900 | $499,900 |
-2.9%
|
| 5/13/2026 | $499,900 | $489,900 |
-2%
|
| 6/16/2026 | $489,900 | $484,900 |
-1%
|
| 8/18/2026 | $484,900 | $474,900 |
-2.1%
|
| 9/21/2026 | $474,900 | $469,900 |
-1.1%
|
| 10/21/2026 | $469,900 | $459,900 |
-2.1%
|
Schools
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Listing Information Last Updated 10/21/2026
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