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

  • 7 days on market
Experience resort-style living in this beautifully updated 2 bed / 2 bath at the Edgewater Condominiums in Tempe. This rare ground-floor unit boasts 300 sq. ft. of private patio space with exclusive gated access to the lakeside. Inside, high-end designer finishes elevate the space, including wood-look tile flooring, a fully renovated chef's kitchen, and Hunter Douglas smart blinds. The kitchen is a dream with custom wood cabinetry, a stylish tile backsplash, designer pendant lighting, quartz countertops, a spacious island with a built-in sink, SS appliances, and a pantry. The open-concept layout seamlessly connects the kitchen, dining area, and living room, ideal for entertaining. Step outside to your expansive private patio, uniquely accessible to ground-floor units. The primary suite offers a true retreat with a spa-like ensuite featuring dual vanities, a walk-in shower, a soaking tub, and a spacious walk-in closet. The generously sized secondary bedroom is perfect as a guest room or home office, with a full bathroom across the hall. Residents have peace of mind with two reserved underground parking spaces & private locked storage. Exclusive Edgewater amenities include secure fob access, on-site security & front desk concierge, state-of-the-art fitness center, library/conference room, resort-style pool & spa with stunning Tempe Town Lake views, outdoor fireplaces, BBQ areas & direct access to lakeside trails for biking, walking & paddleboarding. Residents can enjoy all of the amenities of Bridgeview next door. This is a prime location in the heart of Tempe. Minutes from ASU, Sun Devil Stadium, shopping, dining, arts, and downtown Tempe's vibrant scene, this home is perfect for those seeking a low-maintenance, active, and upscale urban lifestyle. HOA includes water, gas, electric, exterior maintenance, pool upkeep & security. This is luxury lakeside living at its finestCome see it today!

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

$3,893

Monthly HOA fee

$1,582

Price History

02/24/2025
ArizonaRegional

ArizonaRegional #6825690

Listed
$685,000
12/21/2024
ArizonaRegional

ArizonaRegional #6732987

Removed
$685,000
12/10/2024
ArizonaRegional

ArizonaRegional #6732987

Removed
$685,000

Schools & Community

Elementary school: 

Tempe Elementary Online Community

Middle school: 

McKemy Academy of International Studies

High school: 

McClintock High School

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks

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

$274,667
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$355,533
Cash to seller
$274,667

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

$355,533

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?

Similar Homes Nearby

Price drop
ArizonaRegional
$675,000
2 bd
|
2.5 ba
|
1,759 sq ft
|
Townhouse

6850 East Mcdowell Road Unit 26, Scottsdale, AZ 85257

ArizonaRegional
$589,000
2 bd
|
2.5 ba
|
1,472 sq ft
|
Townhouse

421 West 6th Street Unit 1009, Tempe, AZ 85281

ArizonaRegional
$725,000
1 bd
|
1.5 ba
|
1,708 sq ft
|
Condo

140 East Rio Salado Parkway Unit 111, Tempe, AZ 85281

Status: Active

Tomo last checked: 03/03/2025 at 4:45 PM

Listing updated: 03/01/2025 at 10:23 AM

Listed by: Rachael Richards, RHouse Realty Phone #: (480) 460-2300

MLS: ArizonaRegional #6825690

ArizonaRegional logo

Recently listed in Tempe