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$1,300,000

Beds
2
Baths
2.0
sq ft
1,718

140 East Rio Salado Parkway Unit 506, Tempe, AZ 85281

140 East Rio Salado Parkway Unit 506

Tempe, AZ 85281

  • 1 day on market
Introducing a front lake rare gem of luxury living nestled in the heart of Tempe with unparalleled vistas. In your next home, you'll find a blend of sophistication and comfort with two spacious bedrooms and two bathrooms. The layout boasts a formal dining area and a living room with a cozy fireplace, leading to a balcony perfect for soaking in the panoramic views. The chef's kitchen is a culinary enthusiast's dream, featuring high-end appliances and modern-style finishes. The ultimate luxury, however, is in the thoughtful design and amenities within the building. Triple-pane sapphire windows provide noise reduction and protection from direct sunlight, ensuring a serene indoor environment. The double walls and air spaces between units guarantee privacy. This unit also counts with two garage spaces equipped with one EV charging station. Located in Tempe on Bridgeview at Hayden Ferry, this property boasts direct access to Tempe Town Lake, offering serene waterside living. It's also in close proximity to the Diablo stadium, Arizona State University, and the vibrant Mill Avenue, known for its exceptional shopping and entertainment options. The convenience of nearby airport and freeway access makes this an ideal location for those seeking both tranquility and connectivity. Residents can indulge in a plethora of exclusive amenities, including a heated pool, spa, sauna, gym, library, movie theater, and the convenience of 24/7 concierge service. This condo isn't just a homeit's a lifestyle.

Details

Property type

Condominium

Est. home value

$1,122,508

Lot size

1,895 sq ft

Price per sq ft

$757

Year built

2008

Annual property taxes

$5,097

Monthly HOA fee

$1,500

Price History

01/09/2025
ArizonaRegional

ArizonaRegional #6802055

Listed
$1,300,000
+18.18%
06/29/2023
ArizonaRegional

ArizonaRegional #6556643

Sold
$1,100,000
+27.92%
04/20/2021
ArizonaRegional

ArizonaRegional #6205081

Sold
$859,900

Schools & Community

Elementary school: 

Cecil Shamley School

Middle school: 

Cecil Shamley School

High school: 

Tempe High School

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks

High school district: 

Tempe Union High School District

Seller’s Loan History

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

Lender

Ron Swanson Holdings Llc

Loan start date

February 2024

Original loan amount

$3,975,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Commercial

Seller

Roberto Carlos Lopez Lopez

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?

Status: Active

Tomo last checked: 01/09/2025 at 6:55 PM

Listing updated: 01/09/2025 at 8:35 AM

Listed by: Yadira Solorio Crane, Crane Real Estate Phone #: (480) 812-5447

MLS: ArizonaRegional #6802055

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