tomo logo

$995,000

Beds
2
Baths
2.5
sq ft
1,968

120 East Rio Salado Parkway Unit 204, Tempe, AZ 85281

120 East Rio Salado Parkway Unit 204

Tempe, AZ 85281

  • 56 days on market
    • Price drop $105,000↓
Relish the Stunning Views of Tempe Town Lake & the Nearby Beautiful Mill Avenue Bridge From the Comfort of Your Lakefront Condominium Home at the Edgewater in Tempe Town Lake, & Embrace Luxury Living at its Finest. Feast Your Eyes on Rowing Crews, Cyclers, Walkers & Joggers While Enjoying the View Through Expansive Picture Windows. Step Outside Your Door to Hike Hayden Butte or Attend a Concert. Take advantage of On-site Amenities Which Include Heated Pool & Spa, Pizza Oven, Grills, Fitness Center, Media Room & a Lounge with Full Kitchen. Then Imagine Relaxing into an Evening with Breathtaking Views of Magnificent Sunsets & Skylines of Simmering City Lights as You Gaze Upon a Cresting Sun. Football, Basketball, Hockey, Wrestling & More are a Walk Away as is the Heart of Downtown Tempe... Where You can Enjoy a Variety of Restaurants & Shops on the Famous Mill Avenue. Enjoy Easy Access to Freeways, Entertainment, Dining, Mill Avenue & ASU, as well as Running, Walking & Cycling Paths. Set in the Walkable Heart of Downtown Tempe, This Beautiful Unit, With a Northeast Exposure, Boasts an Open Floor Plan, Expansive Picture Windows, Two (2) Outside Private Balconies, King Size Primary Suite, Luxurious Master Bath, Gourmet Kitchen, Gas Fireplace, Engineered Hardwood Flooring, Automated Hunter Douglas Blinds, Tile & Waterfall Kitchen Island. A Climate Controlled Storage Unit & Secured Parking is Included. Peace of Mind is Offered by 24 Hour Security. Sky Harbor Airport is only a 15 Minute Drive Away.

Details

Property type

Condominium

Est. home value

$914,310

Lot size

Unknown

Price per sq ft

$506

Year built

2006

Annual property taxes

$6,006

Monthly HOA fee

$1,625

Price History

06/13/2024
ArizonaRegional

ArizonaRegional #6703040

Price change
$995,000
-9.55%
05/09/2024
ArizonaRegional

ArizonaRegional #6703040

Listed
$1,100,000
+16.03%
03/16/2022
ArizonaRegional

ArizonaRegional #6355354

Sold
$948,000
+33.52%

Schools & Community

Elementary school: 

Geneva Epps Mosley Middle School

Middle school: 

McKemy Middle School

High school: 

Tempe High School

Community features: 

Gated, Playground, 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

$288,596
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$626,804
Cash to seller
$288,596

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$656,000

Est. remaining balance

$626,804

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Claudette Beyer

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: 07/04/2024 at 8:35 PM

Listing updated: 06/12/2024 at 6:13 PM

Listed by: Cecilia Marie, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6703040

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