$460,000

120 E Rio Salado Pkwy Unit 201 Tempe, AZ 85281

$5,463
Closing credit¹
1 bed
1 bath
1,264 sqft
0.03 acres
$364 / sqft
Condo

Property details

About 120 E Rio Salado Pkwy Unit 201

Experience Tempe Town Lake living to it's finest! This beautiful condo has everything you need with a gourmet kitchen and appliances including refrigerator, gas cooktop/oven, DW. Also includes W/D, fireplace, prewired for surround sound and an extra storage room in the garage! This is the largest one bedroom floorplan available in Edgewater with a large patio offer stunning views of Tempe Town Lake as well as the swimming pool/spa amenity. Walk to all Mill Ave shops and restaurants, Metro light rail, ASU, plus enjoy everything Downtown Tempe has to offer!

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air
Size1,264 sqft
Lot size0.03 Acres
Year built2006
ParkingAssigned
MLS #6782061
Garage1 space
Fireplace1 Fireplace
ViewMountain(s)

Summary

  • Flooring Type: Carpet, Tile
  • Interior: Granite Counters, Double Vanity, Kitchen Island, Pantry, Separate Shwr & Tub
  • Fireplace: 1 Fireplace
  • Total Bedroom Count: 1
  • Garage Space: 1 space
  • Private Pool: No
  • Parking: Assigned
  • View: Mountain(s)
  • Exterior: Balcony, Storage
  • Architectural Style: Contemporary
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $460,000
  • Price/SqFt: $363
  • HOA Amount: $1044 Monthly
  • Annual Tax Amount: $2,696
  • Tax Year: 2024
  • Directions: From Mill Ave Head East on Rio Salado Parkway to the first left North driveway. Building is first building on you right. Visitors must park in parking garage to the west of the building.
  • Year Built: 2006
  • Stories: 8
  • Living Area: 1,264 SqFt
  • Lot Size: 0.03 Acres
  • MLS Number: 6782061
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: HomeSmart
  • Office Phone: (602) 889-2135
  • Office Email: rlarue@hsmove.com
  • Listing Agent: Diana Watson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 1:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

120 E Rio Salado Pkwy Unit 201, Tempe, AZ 85281 - view of building exterior

$460,000

120 E Rio Salado Pkwy Unit 201

$5,463

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 29, 2013
Home Sold
$262,000
May 19, 2006
Home Sold
$402,454

Tax history

YearAssessmentProperty Tax
2024$38,510$2,696
2023$32,280$2,696

History based on county public records data.

Nearby schools

3

Scales Technology Academy

Public District KG-5

1.1 mi

1115 W 5th St

6

Broadmor Elementary School

Public District KG-5

1.9 mi

311 E Aepli Dr

2

Holdeman Elementary School

Public District KG-5

2.0 mi

1326 W 18th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $87,500. The majority of Tempe, AZ residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

24%
<35k
32%
35k-100k
31%
100k-200k
13%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

66%
Single, No Kids
4%
Single, with Kids
24%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

0%
<11 yrs old
1%
12-17 yrs old
96%
18-34 yrs old
3%
35-64 yrs old
0%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • H&MH&M
  • The Container StoreThe Container Store
  • NordstromNordstrom

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • HondaHonda
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 120 E Rio Salado Pkwy Unit 201

The listing price of 120 E Rio Salado Pkwy Unit 201 property is $460,000.

The property 120 E Rio Salado Pkwy Unit 201 is a condo located in Tempe, Arizona, 85281.

Active Listing: 120 E Rio Salado Pkwy Unit 201 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 120 E Rio Salado Pkwy Unit 201 are: Scales Technology Academy (GreatSchools Rating 3/10), Broadmor Elementary School (GreatSchools Rating 6/10), Holdeman Elementary School (GreatSchools Rating 2/10), Laird Elementary School (GreatSchools Rating 3/10), Gililland Middle School (GreatSchools Rating 2/10), Tonalea K - 8 School (GreatSchools Rating 3/10), Ombudsman - Charter Northeast (GreatSchools Rating 2/10), Asu Preparatory Academy Digital (GreatSchools Rating 5/10), Student Choice High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $2,696 (source: MLS/based on county public records data).

The last sale was on January 29, 2013 for $262,000 (source: MLS/tax record).

The property at 120 E Rio Salado Pkwy Unit 201 has 1 bedroom and 1 bathroom.

The property 120 E Rio Salado Pkwy Unit 201 is 1,264 SqFt (source: MLS/tax record).

The year of construction for 120 E Rio Salado Pkwy Unit 201 is 2006.

This home is located at 120 E Rio Salado Pkwy Unit 201 in Tempe, AZ and zip code 85281 in the Downtown Tempe neighborhood. This 1,264 square foot home, which was built in 2006, sits on a 0.03 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 9, 2024 and is currently priced at $460,000.

In May 2025, from all listings sold in Tempe, AZ there were more than 17 sold above asking price, over 91 sold below and more than 35 were sold right at the asked price. The inventory of homes for sale in Tempe, AZ between April and May 2025 increased by 4.2%. In May 2025 median list price was $485,065 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

More resources