5820 S BONARDEN Lane, Tempe, AZ 85283, Tempe, 85283 - 4 bed, 2 bath
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5820 S BONARDEN Lane
Tempe, AZ 85283
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,765Sq Ft
9,400Lot Size
Property Price
LIST PRICE$426,000
EST. MARKET VALUE
$446,518
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $426,000—positioned well below the $438,816 Fair Market Value by 2%. This valuation gap offers $12,816 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires significant cosmetic updates, yet the 9,400 SQFT lot with a private pool and no HOA provides immense upside. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Estimated Market Value
$446,518+$20,518 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tempe.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5820 S BONARDEN Lane Subject 4 bd · 2 ba · 1,765 sqft · $253 | $426,000* List Price | 4 | 2 | 1,765 | $253 | - |
A 971 E LOBSTER TRAP Lane Sold 4 bd · 3 ba · 1,762 sqft · $298 · 0.2 mi | $525,000 | 4 | 3 | 1,762 | $298 | 0.2 mi |
B 204 E FLEET Drive Sold 4 bd · 2 ba · 1,980 sqft · $194 · 0.8 mi | $385,000 | 4 | 2 | 1,980 | $194 | 0.8 mi |
C 5338 S EL CAMINO Drive Sold 3 bd · 2 ba · 1,385 sqft · $276 · 0.5 mi | $382,500 | 3 | 2 | 1,385 | $276 | 0.5 mi |
D 6000 S JUNIPER Street Sold 4 bd · 2 ba · 2,136 sqft · $243 · 0.7 mi | $520,000 | 4 | 2 | 2,136 | $243 | 0.7 mi |
E 1316 E WOODMAN Drive Sold 4 bd · 2 ba · 2,056 sqft · $263 · 0.8 mi | $540,000 | 4 | 2 | 2,056 | $263 | 0.8 mi |
F 6204 S COLLEGE Avenue Active Under Contract 3 bd · 2 ba · 1,554 sqft · $295 · 0.5 mi | $459,000 List Price | 3 | 2 | 1,554 | $295 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973 with no significant recent renovations. The interior shows severe wear, including heavily stained and soiled carpeting that requires immediate replacement. The kitchen features dated oak cabinetry and laminate counters likely over 30 years old. As a HUD property, it requires a full cosmetic rehab and likely updates to aged systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9400, living area = 1765.
- Prime Location & No HOA
Situated in a highly desirable Tempe neighborhood with no HOA fees, offering homeowners both financial savings and greater property freedom.
- Expansive Lot with Pool
The generous 9,400 SQFT lot includes a private pool and an RV gate, providing ample space for outdoor entertainment and recreational vehicle storage.
CONSRISKS & DEFICIENCIES
- HUD Home Status
As a HUD property, the home is typically sold in 'as-is' condition, which may require the buyer to budget for immediate repairs or renovations.
- Dated Infrastructure
Built in 1973, the property likely requires updates to its original systems and interior finishes to align with modern energy efficiency and design standards.
About 5820 S BONARDEN Lane
HUD Home! Save Thousands! Single-level 4 bedroom, 2 bath home, with a two-car garage, located in the heart of Tempe near Tempe Lakes, Prime Location with NO HOA! 1,765 SQFT Home on a 9,400 SQFT Lot, Spacious Lot size as well with a pool and RV gate, no neighbor behind . Located just minutes from the Loop 101 and US 60 freeways. One of Tempe's most desirable neighborhoods - close to shopping, dining, schools, entertainment & more. Do not miss this great opportunity! Pool in the back yard is now drained for safety reasons
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 9,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,765 | 1,805.798 |
| Lot Size | 9,400 | 8,241.322 |
| Price | $426.0K | $528.2K |
| Price per sq ft | $241 | $306 |
| Built year | 1973 | 1973 |
| HOA | $0 | $297 |
| Days on market | 39 | 66 |
Pricing History
Listed for Sale
Sep 15, 2026
$426,000
Initial Listing