$10,000

closing credit¹

140 E Rio Salado Pkwy Unit 506 Tempe, AZ 85281

$1,300,000
2 beds
2 baths
1,718 sqft
0.04 acres
$757 / sqft
Multi-Family

Property details

About 140 E Rio Salado Pkwy Unit 506

Introducing a front lake rare gem of luxury living nestled in the heart of Tempe with unparalleled vistas. In your next home, you'll find a blend of sophistication and comfort with two spacious bedrooms and two bathrooms. The layout boasts a formal dining area and a living room with a cozy fireplace, leading to a balcony perfect for soaking in the panoramic views. The chef's kitchen is a culinary enthusiast's dream, featuring high-end appliances and modern-style finishes. The ultimate luxury, however, is in the thoughtful design and amenities within the building. Triple-pane sapphire windows provide noise reduction and protection from direct sunlight, ensuring a serene indoor environment. The double walls and air spaces between units guarantee privacy. This unit also counts with two garage spaces equipped with one EV charging station. Located in Tempe on Bridgeview at Hayden Ferry, this property boasts direct access to Tempe Town Lake, offering serene waterside living. It's also in close proximity to the Diablo stadium, Arizona State University, and the vibrant Mill Avenue, known for its exceptional shopping and entertainment options. The convenience of nearby airport and freeway access makes this an ideal location for those seeking both tranquility and connectivity. Residents can indulge in a plethora of exclusive amenities, including a heated pool, spa, sauna, gym, library, movie theater, and the convenience of 24/7 concierge service. This condo isn't just a homeit's a lifestyle.

Highlights

Home typeMulti Family
HeatingElectric, Natural Gas
StatusActive
CoolingCeiling Fan(s)
Size1,718 sqft
Lot size0.04 Acres
Year built2008
ParkingDir Entry frm Garage, Electric Door Opener, Separate Strge Area, Assigned, Community Structure, Gated, Electric Vehicle Charging Station(s)
MLS #6802055
Garage2 spaces
Fireplace1 Fireplace, Living Room, Gas
ViewCity Lights, Mountain(s)

Summary

  • MLS Number: 6802055
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Crane Real Estate
  • Office Phone: (480) 812-5447
  • Office Email: stevenscrane@live.com
  • Listing Agent: Yadira Solorio Crane

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: 2/6/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property

$1,300,000

140 E Rio Salado Pkwy Unit 506

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Jun 30, 2023
Home Sold
$1,100,000
Jun 28, 2023
Home Sold
$1,100,000
Apr 20, 2021
Home Sold
$859,900
Apr 18, 2008
Home Sold
$1,300,000

Tax history

YearAssessmentProperty Tax
2024$77,310$6,798
2023$68,810$6,521
2022$59,520$6,566
2020$58,760$5,767
2019$47,600$5,491
2017$54,370$6,476

History based on county public records data.

Nearby schools

3

Scales Technology Academy

Public District KG-5

1.2 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. 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 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

This home is located at 140 E Rio Salado Pkwy Unit 506 in Tempe, AZ and zip code 85281 in the Downtown Tempe neighborhood. This 1,718 square foot home, which was built in 2008, sits on a 0.04 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $1,300,000.

Tempe, AZ housing market in January 2025 saw over 13 listings sold above listed price, more than 20 sold at listed price and over 62 sold below. The inventory of homes for sale in Tempe, AZ between December and January 2025 increased by 5%. The median list price of listings available in January 2025 was $484,777, while the average time on the real estate market was 53 days.

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

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