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2401 E RIO SALADO Parkway #1072, Tempe, AZ, 85281

2beds
3baths
1,100sqft
$349,900
$318price/sqft
$2,213/moest. monthly cost
$88,520/yrincome needed

About This Home

Tempe is waiting for you at this 2-bedroom townhome. Inside, guests find two master bedrooms and three bathrooms, perfect for a roommate or small family. This is a charming home close to Tempe Marketplace, Mesa Riverview, and ASU. Professional and soon-to-be professionals will love the atmosphere and the 2-car garage.

Getting Around

28
WalkingCar-Dependent
44
TransitSome Transit
51
BikeBikeable

Schools

4/10
Thew Elementary SchoolGrades PK-51.0 mi
3/10
Connolly Middle SchoolGrades 6-81.9 mi
8/10
McClintock High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame,Painted

Type & Style

  • Home type: Townhouse
  • Architectural style: Santa Barbara/Tuscan
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Oven,Electric Cooktop
  • Laundry features: Upper Level,Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Non-laminate Counter,High Speed Internet,Granite Counters,Upstairs,Breakfast Bar,9+ Flat Ceilings,Kitchen Island,Pantry,Full Bth Master Bdrm
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile
  • Common walls with other units/homes: Two Common Walls

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 1,100
  • Total interior livable area: 1,100 sqft

Property

Details

  • Parcel number: 13541666
  • Attached to another structure: Yes

Features

  • Stories: 3
  • Exterior features: Balcony
  • Spa features: None
  • Fencing: None

Lot

  • Lot size: 684 sqft
  • Features: Desert Front

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Direct Access
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Hail
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance $100$1,200
Property Taxes $128$1,536
Electricity $216$2,603
Total$2,213$26,556

Income You'd Need if You Spent...

35% on housing$75,874/yr
40% on housing$66,390/yr
45% on housing$59,013/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$318This listing

vs Other Active Listings

Avg $/sqft

ZIP 85281$242
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85281$333
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Listed for sale$349,900
2019-07-15Sold$255,000
2014-01-03Sold$190,000

For Sale by Agent

AgentRobert G Buzan
BrokerageOne Broker Realty

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