111 E BONITA Way, Tempe, AZ 85281
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111 E BONITA Way, Tempe, AZ 85281
111 E BONITA Way, Tempe, AZ 85281
111 E BONITA Way, Tempe, AZ 85281
111 E BONITA Way, Tempe, AZ 85281
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$ 692,900
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111 E BONITA Way Tempe, AZ 85281

4 Beds

2 Baths

1,572 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,572 sqft

Price per Sqft $440

Subdivision University Estates

MLS Listing ID 7017678

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1951

Annual Tax Amount $1,683

Tax Year 2025

Lot Size 0.259 Acres

Acres 0.26

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Premier ASU Investment Opportunity! Fully renovated and move-in ready, this rare property sits on an oversized 11,000+ sq. ft. lot just minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold.
The expansive lot offers future value-add potential, including the possibility of an ADU, casita, or other improvements (buyer to verify with the City of Tempe). Conveniently located near ASU, Tempe Marketplace, Downtown Tempe, Loop 202, and Sky Harbor Airport.
A unique opportunity to own a turnkey property with immediate rental appeal and long-term upside in one of Tempe's most desirable locations.

Location

State AZ

County Maricopa

Community University Estates

Area Maricopa

Direction Head toward S Mill Ave. Turn left onto E Broadway Rd. Turn left onto S Encanto Dr. Turn right onto E Bonita Way. Home will be on the right.

Rooms

Master Bathroom None

Den/Bedroom Plus 4

Separate Den/Office N

Interior

Interior Features High Speed Internet, Breakfast Bar, No Interior Steps, Laminate Counters

Heating Electric

Cooling Central Air

Flooring Carpet, Vinyl

Fireplace No

Appliance Refrigerator, Disposal, Electric Cooktop, Built-In Electric Oven

SPA None

Laundry Inside, Gas Dryer Hookup

Exterior

Exterior Feature Screened in Patio(s)

Parking Features Detached Garage, Detached

Garage Spaces 1.5

Garage Description 1.5

Fence Back Yard, Block

Utilities Available SRP

Roof Type Composition

Accessibility Bath Grab Bars

Porch Covered Patio(s)

Total Parking Spaces 1

Private Pool No

Building

Lot Description North/South Exposure, Grass Front, Grass Back

Story 1

Builder Name Unknown

Sewer Public Sewer

Water City Water

Architectural Style Ranch

Structure Type Screened in Patio(s)

New Construction No

Schools

Elementary Schools Broadmor Elementary School

Middle Schools Connolly Middle School

High Schools Tempe High School

School District Tempe Union High School District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 133-16-104

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Horse Property N

Disclosures Agency Discl Req

Possession Close Of Escrow

Listing Terms Cash, Conventional, VA Loan

Virtual Tour https://www.zillow.com/view-3d-home/6b0c09d5-4a1f-4e8c-8e43-ac6f572fee5c?setAttribution=mls&wl=true


Arizona Regional MLS (ARMLS)
Listed by eXp Realty • Brian J Cunningham

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111 E BONITA Way