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For saleErrorPrice cut: $7.1K (6/10)
$692,900
4beds
1,572sqft

111 E BONITA Way, Tempe, AZ 85281

4beds
1,572sqft
Single family residence
Built in 1951
0.26 Acres
1 Garage space
$441 price/sqft

What's special

Fresh paint throughoutBrand-new flooring

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, ...

84 days
|
827
|
29
|
Source: ARMLS,MLS#: 7017678MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Brian J Cunningham 480-370-6160,

eXp Realty

Source: ARMLS,MLS#: 7017678MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
Heating
  • Electric
Cooling
  • Central Air
Appliances
  • Included: Refrigerator, Disposal, Electric Cooktop, Built-In Electric Oven
  • Laundry: Inside, Gas Dryer Hookup
Features
  • High Speed Internet, Breakfast Bar, No Interior Steps, Laminate Counters
  • Flooring: Carpet, Vinyl
  • Has basement: No
  • Has fireplace: No
Interior area
  • Total structure area: 1,572
  • Total interior livable area: 1,572 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 7.5
  • Parking features: Detached Garage, Detached
  • Garage spaces: 1.5
  • Uncovered spaces: 6
Accessibility
  • Accessibility features: Bath Grab Bars
Features
  • Stories: 1
  • Patio & porch: Covered
  • Exterior features: Screened in Patio(s)
  • Spa features: None
  • Fencing: Back Yard,Block
Lot
  • Size: 0.26 Acres
  • Features: North/South Exposure, Grass Front, Grass Back
Details
  • Parcel number: 13316104

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subtype: Single Family Residence
Materials
  • Painted, Slump Block
  • Roof: Composition
Condition
  • Year built: 1951

Utilities & green energy

  • Sewer: Public Sewer
  • Water: City Water

Community & HOA

Community
  • Subdivision: UNIVERSITY ESTATES
HOA
  • Has HOA: No
  • Services included: No Fees
Location
  • Region: Tempe

Financial & listing details

  • Price per square foot: $441/sqft
  • Tax assessed value: $233,500
  • Annual tax amount: $1,683
  • Date on market: 4/22/2026
  • Cumulative days on market: 84 days
  • Listing terms: Cash,Conventional,VA Loan
  • Ownership: Fee Simple

Price history

DateEventPrice
6/10/2026Price change$692,900-1%$441/sqft
Source: ARMLS #7017678 Report a problem
5/6/2026Price change$700,000-3.4%$445/sqft
Source: ARMLS #7017678 Report a problem
4/22/2026Listed for sale$725,000+37.6%$461/sqft
Source: ARMLS #7017678 Report a problem
2/5/2026Sold$527,000$335/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$1,675 +2.5%$23,350
2024$1,634 -3.6%$23,350 +44.6%
2023$1,695 -0.8%$16,147 -30.8%
2022$1,708 -8%$23,350
2021$1,856 +3.1%$23,350
2020$1,800 +12.5%$23,350
2019$1,601 $23,350
2018$1,601 +7.7%$23,350
2017$1,486 -29.5%$23,350
2016$2,108 +113.7%$23,350 +123.4%
2015$987 $10,450
2014-- $10,450
2013-- $10,450
2012-- $10,450
2011-- $10,450
2010-- $10,450
2009-- $10,450
2008-- $10,450
2007-- $10,450
2006-- $10,450
2005-- $10,450
2004-- $10,450 -38.5%
2003-- $17,000 +62.7%
2002-- $10,450

Find assessor info on the county website

Monthly payment

Est. payment
$3,701/mo
Principal & interest
$3464
Property taxes
$237
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: University Estates

Nearby schools

Broadmor Elementary School
Grades K-50.3 miles
9/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
10/10
Connolly Middle School
Grades 6-82.2 miles
3/10
GreatSchools® Rating
Test Score Rating
3/10
Student Progress Rating
3/10
Tempe High School
Grades 9-120.2 miles
5/10
GreatSchools® Rating
College Readiness Rating
3/10
Student Progress Rating
7/10