NOT LISTED FOR SALE

540 N May Unit 1051 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $202,000 - $213,000

1 Bed
1 Bath
687 Sq Ft
$154/mo HOA Fee

Last Sold June 24, 2021

Last sale price $195,000 $284 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,319/month

3 Days on Market

Highlights

  • Property is near public transit
  • Tennis Courts
  • Eat-In Kitchen
  • Community Pool
  • Covered Patio or Porch
  • Ceiling height of 9 feet or more

About This Home

As of June 2021

LOCATION! LOCATION! LOCATION! UPDATED, VERY RARE, GROUND FLOOR CONDO WITH A LARGE, COVERED, PRIVATE, FENCED IN BACKYARD WITH PRIVATE FENCE THAT LEADS WITHIN STEPS TO COMMUNITY POOL AND PARKING LOT. HOME IS IN WALKING DISTANCE OF SLOAN BALL PARK, TEMPE MARKETPLACE, TEMPE TOWN LAKE, MILL AVE, ASU, LIGHT RAIL, 101 & 202 AND SO MUCH MORE. SPACIOUS HOME HAS A TON OF NATURAL LIGHT WITH OVERSIZED SLIDING GLASS DOORS THROUGHOUT, UPDATED KITCHEN WITH POPULAR, FRESH WHITE SHAKER CABINETS, GREY QUARTZ COUNTERTOPS, STAINLESS STEEL SAMSUNG APPLIANCES AND GORGEOUS ''WOOD LOOKING'' LAMINATE FLOORING THROUGHOUT THE ENTIRE HOME. FRESH COAT OF NEUTRAL GREY PAINT THROUGHOUT AND BIG BASEBOARDS. NICE BAR HEIGHT PENINSULA PROVIDES EXTRA COUNTERSPACE AND DINING SPACE. BACKYARD ALSO INLCUDES 2 STORAGE CLOSETS PARKING SPACE IS WITHIN A FEW FEET. IN ADDITION, THERE IS A NEW SURF, WATER PARK COMING SOON IN THE AREA.

Last Agent to Sell the Property

Jessica Taylor

Realty ONE Group License #SA671816000 Listed on: 05/21/2021

Last Buyer's Agent

Andrea Lilienfeld

My Home Group Real Estate License #SA657083000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $267

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $154 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 687 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Bathroom

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Cecil Shamley Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Block Wall Fence

Listing and Financial Details

  • Tax Lot 1051
  • Assessor Parcel Number 135-37-537

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Los Racimos I Association, Phone Number (480) 649-2017
  • Built by US Home Corp
  • Los Racimos Phase 1 Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$267

Year Built

Built in 1980

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Cross Street: W Rio Salado Pkwy & May
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 154.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2020
  • Directions: From 101, East off of Rio Salado Pkwy, Right on May, Right into parking lot Los Racimos into guest parking lot
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOS RACIMOS PHASE 1
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 154.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings
  • Living Area: 687.0
  • Stories: 3
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Tennis Court(s)
  • Association Fee: 154.0
  • Association Fee Frequency: Monthly
  • Association Name: LOS RACIMOS I
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 154.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: LOS RACIMOS I
  • Association Fees:HOA Telephone4: 480-649-2017
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 702.0
  • Parcel #: 135-37-537

Building Info

  • Builder Name: US Home Corp

Tax Info

  • Tax Annual Amount: 267.0
  • Tax Book Number: 135.00
  • Tax Lot: 1051
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
May 26, 2021
Sold by
Lein Austin
Bought by
Garcia Tisa
Seller's Agent
Jessica Taylor
Realty ONE Group
Buyer's Agent
Andrea Lilienfeld
My Home Group Real Estate
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%
Current Estimated Value
$209,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,587
Avg. Annual Appreciation
1.97%
Original Mortgage
$157,700
Outstanding Balance
$144,323
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$67,158

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 2, 2018
Sold by
White Lynne
Bought by
Lein Austin
Seller's Agent
Kimberly Felix
Barrett Real Estate
Buyer's Agent
Kimberly Felix
Barrett Real Estate
List Price
$118,900
Sold Price
$116,000
Premium/Discount to List
-$2,900
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.22%

Purchase Details

Listed on
Feb 14, 2013
Closed on
Mar 18, 2013
Sold by
Hatch Theron and Hatch Anna D
Bought by
White Kristel Lynne
Seller's Agent
Lorin K. Hatch
West USA Realty
Buyer's Agent
Carol Vieceli
Just Referrals Real Estate
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%

Purchase Details

Listed on
Feb 14, 2013
Closed on
Feb 12, 2013
Sold by
Hatch James Scott
Bought by
Hatch Thron K and Hatch Anna D
Seller's Agent
Lorin K. Hatch
West USA Realty
Buyer's Agent
Carol Vieceli
Just Referrals Real Estate
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Tisa $171,000 First American Title Ins Co
Lein Austin $116,000 Lawyers Title Of Arizona Inc
White Kristel Lynne $50,000 Magnus Title Agency
Hatch Thron K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Tisa $157,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $195,000 +2.6% $284 / Sq Ft
05/21/2021 05/21/21 For Sale $190,000 +63.8% $277 / Sq Ft
08/29/2018 08/29/18 Sold $116,000 -2.4% $169 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $118,900 +137.8% $173 / Sq Ft
03/29/2013 03/29/13 Sold $50,000 -16.5% $73 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $59,900 -- $87 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $273 $3,339 -- --
2024 $273 $3,180 -- --
2023 $273 $13,950 $2,790 $11,160
2022 $263 $11,280 $2,250 $9,030
2021 $277 $9,720 $1,940 $7,780
2020 $267 $8,460 $1,690 $6,770
2019 $265 $7,210 $1,440 $5,770
2018 $254 $5,550 $1,110 $4,440
2017 $246 $4,850 $970 $3,880
2016 $247 $4,630 $920 $3,710
2015 $241 $3,630 $720 $2,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6239417

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-537