2401 E RIO SALADO Parkway 1068, Tempe, AZ 85288, Tempe, 85288 - 4 bed, 4 bath
Loading property details...
Tempe, AZ 85288
This Spacious 4-Bedroom Townhome represents a Strong Value Opportunity, listed at $475,000—positioned well below the $486,236 Fair Market Value by 2%. This valuation gap offers $11,236 in Instant Equity for the buyer. Featuring a Good Condition Rating and a versatile three-level layout with two primary suites, the property provides modern convenience in a prime Tempe location. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2401 E RIO SALADO Parkway 1068 Subject | $475,000* List Price | 4 | 4 | 1,853 | $262 | - |
A 2401 E RIO SALADO Parkway 1095 Pending | $468,000 List Price | 4 | 3 | 1,675 | $279 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is 19 years old, placing it within the 10-20 year 'Good' criteria. The listing indicates it is well-maintained with functional stainless steel appliances and a move-in ready open-concept layout.
As the largest residence in the complex, this corner-unit features a rare 4-bedroom layout with two primary suites and a first-floor junior suite, offering exceptional flexibility for multigenerational living or guests.
The property includes a 2-car garage equipped with built-in storage cabinets plus two additional permitted parking spaces, a significant advantage in a high-density townhome community.
Located in the desirable Villagio at Tempe, this 2007-built home features an open-concept design and stainless steel appliances, situated near major shopping, dining, and employment hubs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =684, other record lot size in square feet = 1190. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1853, other record living area = 1161.
The three-level layout requires frequent use of stairs, which may be a drawback for buyers with mobility concerns or those seeking a more accessible single-story flow.
With a lot size of only 684 square feet, the property lacks a traditional private yard, which may be a disadvantage for pet owners or those desiring significant outdoor living areas.
Discover one of the largest residences in Villagio at Tempe. This expansive 4-bedroom corner-unit townhome offers the largest floor plan in the complex with an exceptional three-level layout. Designed for comfort and flexibility, the home features two primary suites and a first-floor junior suite, making it ideal for guests or multigenerational living, along with an open-concept main living area. The kitchen is equipped with stainless steel appliances, and the home includes a Whirlpool washer and dryer. Enjoy the convenience of a 2-car garage with built-in cabinets for additional storage, plus two permitted parking spaces. A rare opportunity to own one of the community's largest and most functional floor plans in a prime Tempe location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,853 | - |
| Lot Size | 684 | - |
| Price | $475.0K | $315.5K |
| Price per sq ft | $256 | $270 |
| Built year | 2007 | 0 |
| HOA | $248 | $0 |
| Days on market | 13 | 2203 |
Jul 9, 2026
$475,000
Initial Listing