tomo logo

$685,000

Beds
2
Baths
2.0
sq ft
1,742

120 East Rio Salado Parkway Unit 101, Tempe, AZ 85281

120 East Rio Salado Parkway Unit 101

Tempe, AZ 85281

  • 126 days on market
    • Price drop $14,000↓
Experience concierge, resort style living on the waterfront! This Gorgeous, renovated smart home sits poolside with a 300 sq' private, walk out patio with direct, gated access exclusive only to ground floor units. Tile flooring throughout with the warmth of the wood plank look. Chef's kitchen with stainless steel smart appliances w/ quartz island. $10k automatic Hunter Douglas smart blinds. The split floor plan features an oversized master with a large sitting area. HOA covers all luxury amenities, water, gas, electric, 2 reserved underground parking spaces as well as private locked storage. Owners can enjoy all outdoor amenities in Edgewater and next door at Bridgeview. 120 East is located in the heart of downtown Tempe next to Tempe Beach Park, Tempe Marketplace, ASU and Mill Avenu

Details

Property type

Condominium

Est. home value

$607,628

Lot size

1,743 sq ft

Price per sq ft

$394

Year built

2006

Annual property taxes

$3,846

Monthly HOA fee

$1,561

Price History

11/17/2024
ArizonaRegional

ArizonaRegional #6732987

Price change
$685,000
-2%
10/07/2024
ArizonaRegional

ArizonaRegional #6732987

Price change
$699,000
-3.59%
09/27/2024
ArizonaRegional

ArizonaRegional #6732987

Price change
$725,000
-3.33%

Schools & Community

Elementary school: 

Geneva Epps Mosley Middle School

Middle school: 

McKemy Middle School

High school: 

Tempe High School

Community features: 

Gated, Clubhouse, Fitness Center

High school district: 

Tempe Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$272,414
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$357,786
Cash to seller
$272,414

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mid-American Mortgage Inc

Loan start date

September 2021

Original loan amount

$385,000

Est. remaining balance

$357,786

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Chrley G Gentry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 8:00 AM

Listing updated: 11/17/2024 at 11:40 AM

Listed by: Jennifer M Brandt, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6732987

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