425 W RIO SALADO Parkway 112, Tempe, AZ 85281 (MLS# 6988506)

425 W RIO SALADO Parkway 112, Tempe, AZ 85281

$499,900

Basement Laundry Bonus/Flex Room and door to garage

Attached Direct Access 1 Car Garage. Extra width for additional storage.

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 904 Lot Size (sq. ft.): 818 Status: Active

Current Price: $499,900 List Date: 2/25/2026 Last Modified: 4/18/2026

Overview

Description

Move in ready home with prime location and views. Recent updated kitchen, baths, quartz counters, stainless steel appliances, luxury vinyl plank, plantation shutters, paint and fixtures. Functional 2 bed/2 full bath floor plan has highly sought after attached direct entry garage with extra width for storage. Garage enters directly into a versatile basement flex space with laundry. Basement not included in Tax Assessor square footage and adds approx. 200 square feet to total area. Prime ground floor location with 2 private covered patios that offer stunning views of Tempe Town Lake and mountains. Gated resort-style community has clubhouse, pool/spa, grills and fitness center. Located across street from Tempe Town Lake and Beach and near ASU, Mill Ave, golf, airport, light rail.

Listing Details MLS# 6988506

Location, Tax & Legal

House Number: 425
Compass: W
Street Name: RIO SALADO
St Suffix: Parkway
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 3188
County Code: Maricopa
Assessor Number: 124-24-067
Subdivision: REGATTA POINTE CONDOMINUMS AMD
Tax Year: 2025
Unit #: 112
Assessor's Map #: 24
Legal Description (Abbrev): LOT 158 REGATTA POINTE CONDOMINUMS AMD MCR
Assessor's Parcel #: 67
Tax Municipality: Tempe
Taxes: 2688

Contract Information

Type: Exclusive Right To Sell
Ownership: Condominium
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Apartment
Dwelling Styles: Stacked
Exterior Stories: 3
# of Interior Levels: 2
# Bedrooms: 2
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 904
Price/SqFt: 552.99
Horses: N
Model: Resiance A
Builder Name: Picerne
Year Built: 2002
Approx Lot SqFt: 818
Approx Lot Acres: 0.019
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Scales Technology Academy
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Half Bathrooms: 0

Remarks Misc

Cross Street: Rio Salado Pkwy and (Priest Dr or Mill Ave)
Directions: East on Rio Salado from Priest OR West on Rio Salado from Mill. South ON Lakeside DR to Security Gate at end of street. KEY PAD is on right side before the gate. Park inside the gate at guest parking

Legal Info

Township: 1N
Range: 4E
Section: 16
Lot Number: 158

Basement

Basement Y/N: Y

More Information

Items Updated

Floor Yr Updated: 2023
Floor Partial/Full: Full
Kitchen Yr Updated: 2023
Kitchen Partial/Full: Partial
Bath(s) Yr Updated: 2023
Bath(s) Partial/Full: Partial

Parking Spaces

Garage Spaces: Yes
Total Covered Spaces: Yes
Slab Parking Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Phone Call: Yes

Contact Info

List Agent Home Phn: 602-570-6470

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Built-Up: Yes
Tile: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 0
HOA Fee: 400
HOA Paid Frequency: Monthly
HOA Name: Regatta Pointe
HOA Telephone: 602-957-9191
HOA Management Company: AAM
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 960
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 800
Disclosure Fees HOA: 0
Other Fees HOA: 0
Com Facilities Distr: N
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 400

Lockbox Type

Supra: Yes

Architecture

Contemporary: Yes

Master Bathroom

Full Bth Master Bdrm: Yes
Double Vanity: Yes

Additional Bedroom

Master Bedroom Walk-in Closet: Yes

Flooring

Laminate: Yes

Window Features

Screens: Yes

Community Features

Clubhouse/Rec Room: Yes
Community Spa Htd: Yes
Gated: Yes
Near Light Rail Stop: Yes
Workout Facility: Yes

Dining Area

Dining in LR/GR: Yes

Heating

Electric: Yes

View

Lake: Yes
City Lights: Yes
Mountain(s): Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Electric Range: Yes
Built-in Microwave: Yes
Refrigerator: Yes
Quartz Countertops: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Interior Features

Fire Sprinkler System: Yes

Laundry

Inside: Yes

Basement Description

Interior Entry: Yes
Finished: Yes
Partial: Yes
Storage Space: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Road Responsibility

City Maintained Road: Yes

Technology

High Speed Internet: Yes

Fencing

Wrought Iron: Yes

Water Source

City Water: Yes

Community Pool Features

Fenced: Yes

Exterior Features

Balcony: Yes
Covered Deck: Yes

Spa

Heated: Yes

Sewer

Sewer - Public: Yes

Parking Features

Detached Carport: Yes
Attached Garage: Yes
Direct Access: Yes
Garage Door Opener: Yes

New Financing

Cash: Yes
Conventional: Yes

Utilities

APS: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Property Description

North/South Exposure: Yes

Landscaping

Synthetic Grass Frnt: Yes
Yrd Wtring Sys Front: Yes

Services

City Services: Yes

Unit Style

Two Levels: Yes
Two Common Walls: Yes
Neighbor Above: Yes
Ground Level: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes
Vicinity of an Airport: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Exterior Mnt of Unit: Yes
Roof Repair: Yes
Roof Replacement: Yes
Blanket Ins Policy: Yes
Water: Yes
Sewer: Yes
Garbage Collection: Yes
Common Area Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
Rental OK (See Rmks): Yes
Prof Managed: Yes

Property Features

Special Listing Cond: N/A Architecture: Contemporary View: Lake; City Lights; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Double Vanity Additional Bedroom: Master Bedroom Walk-in Closet Flooring: Laminate Window Features: Screens Community Pool Features: Fenced Spa: Heated Community Features: Clubhouse/Rec Room; Community Spa Htd; Gated; Near Light Rail Stop; Workout Facility Dining Area: Dining in LR/GR Kitchen Features: Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Quartz Countertops Laundry: Inside Basement Description: Interior Entry; Finished; Partial; Storage Space Interior Features: Fire Sprinkler System Technology: High Speed Internet Exterior Features: Balcony; Covered Deck Parking Features: Detached Carport; Attached Garage; Direct Access; Garage Door Opener Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up; Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron Property Description: North/South Exposure Landscaping: Synthetic Grass Frnt; Yrd Wtring Sys Front Showing Notification Methods: Text; Phone Call Lockbox Type: Supra Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls; Neighbor Above; Ground Level Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req; Vicinity of an Airport

Room Information

Room Name	Level
Master Bedroom	Main
Bedroom 2	Main
Dining Room	Main
Living Room	Main
Bonus Room	Lower

Listing Office: Marsh Management & Real Estate

Last Updated: April - 18 - 2026