7 months on rocket

140 E Rio Salado Pkwy Unit 106, Tempe, AZ, 85281

$974,500

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Baths
1,952 SqFt
$499/SqFt
Multi
Schools Nearby

Location

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140 E Rio Salado Pkwy Unit 106, Tempe$974,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingElectric Door Opener, Community Structure, Gated
Garage2 spaces
Year Built2008
HeatingElectric
CoolingCeiling Fan(s)
Fireplace1 Fireplace, Living Room, Gas
ViewCity Lights, Mountain(s)
MLS #6608168
Lot Size0.07 Acres
StatusActive

About 140 E Rio Salado Pkwy Unit 106

Sophisticated Bridgeveiw condo in Downtown Tempe, positioned on a rare Arizona lakefront. This prime first-floor unit boasts panoramic views of Tempe Lake, a gem for boating, rowing, biking, and running enthusiasts. The residence offers 2 spacious bedrooms with walk-in closets, a beautifully appointed kitchen with stainless steel appliances, and sleek stone floors. The expansive patio delivers uninterrupted lake vistas, perfect for relaxation. Top-notch amenities include a sauna, steam room, heated pool, hot tub, billiard room, 24/7 security, concierge, and dedicated underground parking. Located on the scenic Tempe Lake gravel path, and a short walk from Tempe Streetcar, the Town Park, and Sun Devil Stadium. Immerse yourself in Tempe's vibrant culture, and proximity to ASU.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2008
  • Stories: 11
  • Living Area: 1,952 SqFt

Listing Office:

  • Office Name: Launch Powered By Compass
  • Office Phone: (480) 776-1555
  • Listing Agent: David Newcombe, Ciara Rubalcava

Interior Features

Interior Information:

  • Flooring Type: Stone, Wood
  • Interior: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Elevator, Fire Sprinklers, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Fireplace: 1 Fireplace, Living Room, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s)
  • Exterior: Covered Patio(s), Patio, Private Street(s), Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Electric Door Opener, Community Structure, Gated

Virtual/3D Tour

  • 3D Tour: 140 E Rio Salado Pkwy Unit 106

3D Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.07 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: Mill Avenue and E Rio Solado Pkwy. East on Rio Solado Pkwy, turn left (north) into Hayden Ferry Lakeside, left at Roundabout, go under building to parking. Dial 01 to contact security.

Price Information

Listing Price Info

Price Summary:

  • List Price: $974,500
  • Price Per SqFt: $499/SqFt

HOA Fees:

  • Amount: $1495
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,828
  • Tax Year: 2021
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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

140 E Rio Salado Pkwy Unit 106 vs Tempe

219 DAYS ON ROCKET

+168 Days

$974,500

+$509.5K More

$499/SqFt

+$199 More

KEY TAKEAWAY

This property is $509.5K more than the Median Sold Price and $199/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: #6608168

Listing Office:

  • Office Name: Launch Powered By Compass
  • Office Phone: (480) 776-1555
  • Listing Agent: David Newcombe, Ciara Rubalcava

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: 4/27/2024, 9:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 28, 2011Home Sold
$400,000
Mar 31, 2008Home Sold
$1,193,608

Tax History

YEARPROP. TAXASSESSMENT
2021$6,828$64,230
2020$6,620$61,030
2019$6,334$50,230
2017$6,145$59,350

History based on county public records data.

Payment Calculator

$6,426

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,988

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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-1637596
3
/10

  • Laird Elementary School

  • 1500 N Scovel St

  • 1.35 miles

  • Public District Grades KG-8

school-card-donut-1637597
8
/10

  • Ward Traditional Academy

  • 1965 E Hermosa Dr

  • 3.69 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. The majority of Tempe, AZ residents have income between $35k-100k annually. Most families are single, no kids. 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›140 E Rio Salado Pkwy Unit 106

This home is located at 140 E Rio Salado Pkwy Unit 106 in Tempe, AZ and zip code 85281 in the Downtown Tempe neighborhood. This 1,952 square foot home, which was built in 2008, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 22, 2023 and is currently priced at $974,500.

Over 16 listings were sold over their listed price in March 2024 in Tempe, AZ. In the same period over 53 listings were sold below the listed price and 36 listings were sold for the listed price. Between February 2024 and March 2024, Tempe, AZ real estate market has seen increase in the number of listings by 0.3%. While the average time on the market in March 2024 was 51 days, the median list price was $464,944.

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

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