435 W RIO SALADO Parkway 210, Tempe, AZ 85281, Tempe, 85281 - 1 bed, 1 bath
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Tempe, AZ 85281
This Spacious Urban Condominium is listed at $375,000, representing a stable value at its $375,000 Fair Market Value. Boasting a Condition Rating of 3, the residence is move-in ready with wood-look flooring, white cabinetry, and a city skyline view through its bay window. At 1,035 square feet, the layout is exceptionally generous, featuring a private 1-car garage. While served by Scales Technology Academy, Gililland Middle, and Tempe High, the location's primary appeal is its proximity to ASU and Tempe Town Lake. This property is ideal for young professionals or Owner-Occupants seeking a turnkey metropolitan sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 435 W RIO SALADO Parkway 210 Subject | $375,000* List Price | 1 | 1 | 1,035 | $362 | - |
A 420 W 1st Street 214 Active | $449,900 List Price | 2 | 2 | 1,082 | $416 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in-ready condition with several modern updates. It features recently installed wood-look flooring and fresh neutral paint throughout. The kitchen has been updated with white cabinetry and crown molding. While the bathroom tub surround appears to be the original builder-grade material from 2002, the overall unit is well-maintained with no immediate repairs required, fitting the criteria for a well-maintained home with updated components.
Situated in the highly desirable Regatta Pointe, this property offers exceptional proximity to Tempe Town Lake, Mill Avenue, and ASU, providing a vibrant lifestyle for professionals or students.
At 1,035 square feet, this one-bedroom unit is significantly larger than average and includes the rare convenience of a private 1-car garage with direct interior access.
The interior features modern wood-look flooring, neutral paint, and an updated kitchen with white cabinetry and crown molding, requiring no immediate renovations.
The assigned middle and high schools carry lower performance ratings (3/10), which may limit the property's appeal to certain buyer demographics and impact long-term resale value.
The $384 monthly association fee represents a significant recurring carrying cost that may affect the overall affordability and investment yield for potential buyers.
Come see this move-in-ready unit in the sought-after Regatta Pointe! Discover the inviting open floor plan, designed for comfortable everyday living, showcasing wood-look flooring, plenty of natural light, a lovely bay window, and neutral paint that complements all decor styles. Whip up your signature dishes in the well-appointed kitchen, boasting white cabinets adorned with crown molding, ample counter space, and built-in appliances. The serene bedroom features sliding doors to the balcony, where you can enjoy your morning brew in peace. The basement hosts the laundry room and has direct access from the 1-car garage for convenience. What are you waiting for? Make it yours!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,035 | 1,493 | 33% |
| Lot Size | 803 | 1,208 | 40% |
| Price | $375.0K | $0 | 80% |
| Price per sq ft | $362 | $0 | 73% |
| Built year | 2002 | 2002 | 50% |
| HOA | $384 | $375 | 53% |
| Days on market | 83 | 2907 | 7% |
Jan 29, 2026
$375,000
Initial Listing