#6863320, Shari Hilton, Robin Orscheln, Listing office: Compass
#6888299·
Listing office: Locality Real Estate·
Listing agent: Dawn Matesi·
Listing office phone: 480-236-8869
$735,000 List price
120 E Rio Salado Pkwy Unit 305 Tempe, AZ 85281
2 beds
2 baths
1,607 sqft
0.04 acres
$457 / sqft
Condo
Property details
About 120 E Rio Salado Pkwy Unit 305
Resort style, posh condo living awaits! Located in the heart of Tempe, alongside Tempe Town Lake, this stunning 2 bed/2 bath condo is luxury at its finest. Enjoy the stunning views of Mill Avenue Bridge, Tempe Town Lake, Papago Park & twinkling city lights from your floor to ceiling windows or 1 of 2 balconies. Remodeled w/the highest quality finishes, this condo will not disappoint. HOA covers all community amenities plus water, trash, sewer, gas, electric & 2 deeded underground parking spaces. You are steps away from the vibrant lifestyle of Tempe, but you may never want to leave! With access to a lap pool, spa, gym, billiards room, board room, several outdoor areas w/grass, community garden, fireplaces, BBQ & even pizza ovens! Full time on-site concierge at your convenience as well!
Highlights
Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,607 sqft
Lot size0.04 Acres
Year built2006
ParkingGated, Assigned, Community Structure
MLS #6888299
Garage2 spaces
Fireplace1 Fireplace, Living Room, Gas
ViewMountain(s)
Summary
- Flooring Type: Stone
- Interior: Double Vanity, 9+ Flat Ceilings, Elevator, No Interior Steps, 3/4 Bath Master Bdrm
- Fireplace: 1 Fireplace, Living Room, Gas
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Parking: Gated, Assigned, Community Structure
- View: Mountain(s)
- Exterior: Balcony
- Heating: Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $735,000
- Price/SqFt: $457
- HOA Amount: $1456 Monthly
- Annual Tax Amount: $3,674
- Tax Year: 2024
- Directions: West on Rio Salado Parkway to Hayden Ferry Lakeside. Take right, first left. Park in front of Edgewater Building, buzz to be let in. Concierge will give you parking access.
- Year Built: 2006
- Stories: 8
- Living Area: 1,607 SqFt
- Lot Size: 0.04 Acres
- MLS Number: 6888299
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Locality Real Estate
- Office Phone: (480) 236-8869
- Listing Agent: Dawn Matesi
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: 7/25/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 22, 2022 | Home Sold | $589,000 |
| Nov 06, 2013 | Home Sold | $455,000 |
| Jun 25, 2010 | Home Sold | $245,000 |
| Dec 19, 2006 | Home Sold | $735,000 |
| Jun 19, 2006 | Home Sold | $625,544 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $49,230 | $3,674 |
| 2023 | $41,280 | $3,525 |
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.
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. Typical family type is single, no kids. Residents of this area typically 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 Boxing
Soccer
Skiing/snowboarding
Where do the neighbors shop?
H&M
The Container Store
Nordstrom
Where do the neighbors go to eat?
Boston Market
Starbucks
California Pizza Kitchen
What do the neighbors drive?
Honda
BMW
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 120 E Rio Salado Pkwy Unit 305
The listing price of 120 E Rio Salado Pkwy Unit 305 property is $735,000.
The property 120 E Rio Salado Pkwy Unit 305 is a condo located in Tempe, Arizona, 85281.
Active Listing: 120 E Rio Salado Pkwy Unit 305 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 120 E Rio Salado Pkwy Unit 305 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 $3,674 (source: MLS/based on county public records data).
The last sale was on February 22, 2022 for $589,000 (source: MLS/tax record).
The property at 120 E Rio Salado Pkwy Unit 305 has 2 bedrooms and 2 bathrooms.
The property 120 E Rio Salado Pkwy Unit 305 is 1,607 SqFt (source: MLS/tax record).
The year of construction for 120 E Rio Salado Pkwy Unit 305 is 2006.
This home is located at 120 E Rio Salado Pkwy Unit 305 in Tempe, AZ and zip code 85281 in the Downtown Tempe neighborhood. This 1,607 square foot home, which was built in 2006, sits on a 0.04 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $735,000.
Over 7 listings were sold over their listed price in June 2025 in Tempe, AZ. In the same period over 89 listings were sold below the listed price and 26 listings were sold for the listed price. The number of listings in Tempe, AZ increased by 0.3% between May and June 2025. In June 2025, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $485,000.
From Rocket Homes Real Estate and based on county public records data.