14 days on rocket

Backup Offers

120 E Rio Salado Pkwy Unit 702, Tempe, AZ, 85281

$1,195,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Baths
2,204 SqFt
$542/SqFt
Multi
Schools Nearby

Location

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120 E Rio Salado Pkwy Unit 702, Tempe$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingElectric Door Opener, Separate Strge Area, Assigned, Community Structure, Permit Required
Garage3 spaces
Year Built2006
HeatingElectric
CoolingCeiling Fan(s)
FireplaceNone
ViewCity Lights, Mountain(s)
MLS #6692621
Lot Size0.05 Acres
StatusAccepting Backup Offers

About 120 E Rio Salado Pkwy Unit 702

Stunning Views, Upgrades, 2 balconies, Den, 3 car spots.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 8
  • Living Area: 2,204 SqFt

Listing Office:

  • Office Name: West USA Realty
  • Office Phone: (602) 942-4200
  • Listing Agent: Todd Young

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Tile
  • Interior: Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Tub with Jets, High Speed Internet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s)
  • Exterior: Balcony

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Electric Door Opener, Separate Strge Area, Assigned, Community Structure, Permit Required

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Laird Elementary School, Public District Grades KG-8
  • Ward Traditional Academy, Public District Grades KG-8

Other

Directions Information:

  • Directions: Heading (S) on Mill Ave, head (E) on Rio Salado Pkwy, make your first (L), turn (R) at the roundabout, continue straight under Bridgeview bridge & parking garage entry will be on your (L).

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $542/SqFt

HOA Fees:

  • Amount: $1820
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Tempe, AZ.

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Tempe, AZ

City

Med. Sold Price

$464.9K

Med. Price/SqFt

$299

Avg. Days On Market

51

# of Sold Homes

105

120 E Rio Salado Pkwy Unit 702 vs Tempe

14 DAYS ON ROCKET

-37 Days

$1,195,000

+$730K More

$542/SqFt

+$242 More

KEY TAKEAWAY

This property is $730K more than the Median Sold Price and $242/SqFt more than other homes in Tempe, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6692621

Listing Office:

  • Office Name: West USA Realty
  • Office Phone: (602) 942-4200
  • Listing Agent: Todd Young

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© 2024 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: 5/1/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$7,852

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4031481
3
/10

  • Laird Elementary School

  • 1500 N Scovel St

  • 1.39 miles

  • Public District Grades KG-8

school-card-donut-4031482
8
/10

  • Ward Traditional Academy

  • 1965 E Hermosa Dr

  • 3.71 miles

  • Public District Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. Residents of Tempe, AZ typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Maricopa County›Tempe›85281›120 E Rio Salado Pkwy Unit 702

This home is located at 120 E Rio Salado Pkwy Unit 702 in Tempe, AZ and zip code 85281 in the Downtown Tempe neighborhood. This 2,204 square foot home, which was built in 2006, sits on a 0.05 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,195,000.

While more than 16 listings in Tempe, AZ in March 2024 were sold above asking price, there were more than 36 listings sold at asking price, and more than 53 were sold below. The inventory of homes for sale in Tempe, AZ between February 2024 and March 2024 increased by 0.3%. Listings spent 51 days on the market in March 2024, and had a median list price of $464,944 during the same period.

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

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