NOT LISTED FOR SALE

540 N May Unit 1052 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $222,382 - $247,000

2 Beds
1 Bath
855 Sq Ft
871 Sq Ft Lot

Last Sold February 25, 2013

Last sale price $62,000 $73 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $1,298/month

65 Days on Market

Highlights

  • Heated Community Pool
  • Tile Flooring
  • High Speed Internet
  • Tennis Courts
  • Ceiling Fan
  • Stacked Washer and Dryer

About This Home

As of February 2013

LONG TERM TENNANT OCCUPIED ON LEASE, XLNT TENNANT AND ALWAYS PAYS ON TIME. CURRENTLY PAYS $660.00. VERY CLEAN UNIT. CLOSE TO FREEWAYS, COLLEGES, MALLS AND MORE. UNIT IS CLOSE TO POOL W/CERAMIC TILE, MIRRORED CLOSET DOORS, WASHER & DRYER IN UMIT,REFRIGERATOR, BUILT-IN-MICRO, COVERED PATIO W/STORAGE SHEDS & COURT YARD AREA .COMPLEX HAS TWO SWIMMING POOLS AND THREE TENNIS COURTS. CLOSE TO ARIZONA STATE UNIVERSITY AND MESA COMMUNITY COLLEGE. NEAR LOOP 101 AND 202 FREEWAYS. Property borders Tempe in Mesa and near lightrail. Convenient to Riverview and Tempe Marketplace.

Last Agent to Sell the Property

John Filipian

DeLex Realty License #SA576926000 Listed on: 12/12/2012

DeLex Realty

Last Buyer's Agent

Joy Huang

The Housing Professionals License #SA512804000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $340

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Block Wall Fence

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dishwasher
  • Stacked Washer and Dryer

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Unit is below another unit

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1052
  • Assessor Parcel Number 135-37-538

Community Details

Overview

  • Property has a Home Owners Association
  • Red Mountain Association, Phone Number (480) 641-6300
  • High-Rise Condominium
  • Los Racimos Phase 1 Subdivision

Recreation

  • Tennis Courts
  • Heated Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$340

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: DOBSON & UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 186.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1980
  • Tax Year: 2012
  • Directions: N2 COMPLEX, UNIT IS IN BUILDING JUST SOUTH OF POOL.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.02
  • Subdivision Name: LOS RACIMOS PHASE 1
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 186.0
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry:Stacked WasherDryer: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 855.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: None
  • Common Walls: Two Common Walls, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Stacked Washer/Dryer, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool, Tennis Court(s)
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: RED MOUNTAIN
  • Phone: 480-641-6300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: RED MOUNTAIN
  • Association Fees:HOA Telephone4: 480-641-6300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street 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

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: 933.0
  • Parcel #: 135-37-538
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 340.0
  • Tax Book Number: 135.00
  • Tax Lot: 1052
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2012
Closed on
Feb 14, 2013
Sold by
Hls Homes Llc
Bought by
Qvnb Llc
Seller's Agent
John Filipian
DeLex Realty
Buyer's Agent
Joy Huang
The Housing Professionals
List Price
$68,900
Sold Price
$62,000
Premium/Discount to List
-$6,900
-10.01%
Current Estimated Value
$232,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,206
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Cackivic Amir and Cackovic Esmeralda
Bought by
Dirt Holdings Llc

Purchase Details

Closed on
Apr 28, 2005
Sold by
Kreider Thomas R
Bought by
Cackovic Amir and Cackovic Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2000
Sold by
Flake Tyler R and Flake Jennifer
Bought by
Kreider Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,320
Interest Rate
8.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1996
Sold by
Meyers William Kenneth and Meyers Patsy Ruth
Bought by
Flake Tyler R and Tongring Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Qvnb Llc $62,000 Magnus Title Agency
Dirt Holdings Llc $43,500 None Available
Cackovic Amir $90,000 Capital Title Agency Inc
Kreider Thomas R $56,000 First American Title
Flake Tyler R $45,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boujakjian Harout $41,000
Previous Owner Cackovic Amir $85,500
Previous Owner Kreider Thomas R $54,320
Previous Owner Flake Tyler R $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2013 02/25/13 Sold $62,000 -4.5% $73 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
01/24/2013 01/24/13 Price Changed $64,900 -4.6% $76 / Sq Ft
01/18/2013 01/18/13 Price Changed $68,000 -0.7% $80 / Sq Ft
01/13/2013 01/13/13 Price Changed $68,500 -0.6% $80 / Sq Ft
12/11/2012 12/11/12 For Sale $68,900 -- $81 / 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 $390 $4,019 -- --
2024 $388 $3,828 -- --
2023 $388 $15,550 $3,110 $12,440
2022 $376 $12,610 $2,520 $10,090
2021 $389 $10,950 $2,190 $8,760
2020 $376 $9,670 $1,930 $7,740
2019 $372 $8,320 $1,660 $6,660
2018 $358 $6,560 $1,310 $5,250
2017 $349 $5,750 $1,150 $4,600
2016 $348 $5,510 $1,100 $4,410
2015 $337 $4,380 $870 $3,510
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Filipian

    DeLex Realty

    Section Image

  • J

    Buyer's Agent in 2013

    Joy Huang

    The Housing Professionals

    1 in this area

    24 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4861825

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-538

Arizona Maricopa County Mesa 85201 Riverview

540 N May Unit 1052, Mesa, AZ

This home is located at 540 N May Unit 1052, Mesa, AZ 85201 since 12 December 2012 and is currently estimated at $230,346, approximately $269 per square foot. This property was built in 1980. 540 N May Unit 1052 is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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