520 S ROOSEVELT Street 1001, Tempe, AZ 85281, Tempe, 85281 - 2 bed, 3 bath
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Tempe, AZ 85281
This Modern Architectural Loft is listed at $555,000, representing a fair market entry for its bespoke design and positioning near its $536,449 Fair Market Value. Boasting a Good Condition Rating, the home features high-end European-style Cabinetry, industrial steel accents, and a Private Rooftop Terrace with panoramic views of Downtown Tempe. Situated in a quiet neighborhood near Scales Technology Academy, this end-unit offers a sophisticated urban lifestyle within walking distance of Mill Avenue. It is the perfect sanctuary for Urban Professionals or Design Enthusiasts seeking a move-in ready, stylish residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 S ROOSEVELT Street 1001 Subject | $547,000* List Price | 2 | 3 | 1,461 | $416 | - |
A 140 E RIO SALADO Parkway 104 Sold | $399,000 List Price | 1 | 2 | 1,508 | 0.8 mi | |
B 140 E RIO SALADO Parkway 409 Sold | $690,000 | 2 | 2 | 1,600 | $431 | 0.8 mi |
C 140 E RIO SALADO Parkway 409 Sold | $690,000 | 2 | 2 | 1,600 | $431 | 0.8 mi |
D 525 W LAKESIDE Drive 141 Active | $530,000 List Price | 2 | 3 | 1,370 | $387 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is well-maintained and move-in ready, fitting the 10-20 year age criteria for a 'good' rating. The kitchen features high-quality European-style cabinetry and stainless steel appliances that remain stylish and functional. Bathrooms are updated with modern vessel sinks and clean tiling. The industrial-modern aesthetic, including exposed block and ductwork, shows minimal wear and tear, indicating consistent upkeep of the major systems and finishes.
Designed by Baldinger Studio, this loft features a unique industrial-modern aesthetic with exposed block construction, steel staircases, and high-end European cabinetry.
The property includes a private rooftop deck offering exclusive, unobstructed views of Downtown Tempe and Camelback Mountain, providing a premium outdoor living space.
As a desirable end unit, the home offers superior privacy, increased natural light, and a quiet neighborhood feel while maintaining walking proximity to Mill Avenue.
The multi-level loft layout and open-riser steel stairs may pose accessibility challenges for buyers with mobility concerns or families with small children.
The assigned public schools carry lower ratings (3 to 5 range), which could be a deterrent for families prioritizing top-tier educational performance.
''Skye 15 Lofts'' is an architectural gem nestled in the Riverside-Sunset neighborhood just west of Mill Avenue in vibrant Downtown Tempe. Designed by Baldinger Studio, this spacious 2-bedroom, 2.5-bath loft showcases a distinctive modern aesthetic with open and inviting floor plans, exposed block construction, an open-riser steel staircase, and sleek European-style cabinetry of wood & glass. Enjoy a private rooftop terrace with one-of-a-kind views of Downtown Tempe and Camelback Mountain. This highly desirable end unit is among the best condos in Tempe, offering exceptional openness, privacy, and abundant natural light. Ideally located within walking distance to Downtown Tempe, yet tucked away in a quiet, neighborhood setting.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,461 | 1,493 | 47% |
| Lot Size | 636 | 1,208 | 33% |
| Price | $547.0K | $0 | 80% |
| Price per sq ft | $374 | $0 | 80% |
| Built year | 2007 | 2006 | 53% |
| HOA | $303 | $371 | 40% |
| Days on market | 34 | 2907 | 7% |
Apr 16, 2026
$547,000
$555,000
-1% Price Drop
Initial Listing
Mar 19, 2026
$555,000
Initial Listing