1411 S BONARDEN Lane, Tempe, AZ 85281
$700,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$700,000
Last Modified:
8/16/2025
Description
BOTH UNITS are occupied w/lease for 1 year w/Tenant paying for utilities. Great Investment Property in the heart of Tempe! Walking distance to ASU and quick 202 freeway access. TRUE DUPLEX!! Two 2 bed, 1 bath units, individually metered (gas & electric); completely and beautifully updated. New Sewer lines all the way to the street. New Plumbing, New AC, & New Tankless Water Heaters. All New Windows and Doors. Brand New Bathroom, New Kitchen with modern quartz countertops, white shaker cabinets, & SS Appliances. New porcelain tile and baseboards throughout. New washer/dryer combo inside the units. New synthetic stucco and fresh paint. Ample backyard with dividing fence for privacy. Low maintenance courtyard with separate driveway for each unit. NO HOA. Please DO NOT disturb tenants.
More Information MLS# 6702126
Contract Info
Current Price: $700,000
Sold Price: $700,000
Status: Closed
List Date: 2024-05-07
Ownership: Fee Simple
Location Tax Legal
House Number: 1411
Compass: S
Street Name: BONARDEN
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5801
County Code: Maricopa
Subdivision: JEN TILLY TERRACE LOTS 13-18
Assessor Number: 133-10-055-C
Tax Year: 2023
General Property Description
Lot Size Dimensions: 84X85
Year Built: 1959
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: 1
Zoning: R-4
High School District: Tempe Union High School District
Remarks Misc
Cross Street: Rural Rd & Spence Ave
Directions: Turn East on Spence Ave to Bonarden Ln. Turn South on Bonarden Ln Property is on the left.
Geo Lat: 33.412394
Geo Lon: -111.922399
Status Change Info
Off Market Date: 2025-08-16
Under Contract Date: 2025-07-15
Close of Escrow Date: 2025-08-15
Sold Price: $700,000
Legal Info
Township: 1N
Range: 4E
Section: 23
Lot Number: 29
Income Expenses
Gross Annual Sch Inc: 44400
Net Operating Income: 43151
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1975
Avg SqFt: 720
# Baths: 1
Sold Info
Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: See Remarks
Exterior Amenities: Fenced; Patio/Balcony
Interior Amenities: Fire/Smoke Alarm(s); Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: >1 Space Per Unit
Owner Pays: None
Tenant Pays: Water; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Private
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: HomeSmart
Last Updated: August - 16 - 2025
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