NOT LISTED FOR SALE

540 N May Unit 1082 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $296,000 - $303,000

3 Beds
2 Baths
1,359 Sq Ft
$314/mo HOA Fee

Last Sold August 19, 2021

Last sale price $270,000 $199 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,984/month

3 Days on Market

Highlights

  • Two Primary Bathrooms
  • Covered Patio or Porch
  • Tile Flooring
  • Community Pool
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of August 2021

Model perfect 3 bedroom, 2 bath home in a prime Mesa location and is right next to the Tempe border. Primary master has a private bathroom and walk in closet. Second master also has a walk in closet and shares a bathroom with the third bedroom. This immaculately kept unit on the first floor of this quiet complex is ready for move in with the refrigerator, stacked washer and dryer staying. Stainless steel appliances make this condo a real find. The grounds are lush and the community pool and spa are delightful. Don't delay, see this home today!

Last Agent to Sell the Property

Kristie Lindeman

Fathom Realty Elite License #SA535739000 Listed on: 07/21/2021

Fathom Realty Elite

Co-Listed By

Vickie Todd

Fathom Realty Elite License #SA585474000

Last Buyer's Agent

Carly Gibbs

Keller Williams Realty East Valley License #SA652552000

Keller Williams Realty East Valley

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $484

Year Built

  • Built in 1980

Lot Details

  • 1,307

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,359 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Broadmor Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1082
  • Assessor Parcel Number 135-37-466

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Los Racimos Association, Phone Number (480) 649-2017
  • Los Racimos Phase 1 Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$484

Year Built

Built in 1980

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Cross Street: 101 & Rio Salado
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 313.78
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2020
  • Directions: East on Rio Salado, South on May St. West into the complex. Unit is located on the Southeast corner of the complex building 1. Unit #1082
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: reax09
  • Co List Office Phone: 480-948-9450
  • Subdivision Name: LOS RACIMOS PHASE 1
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 313.78
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 2 Master Baths, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1359.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage, Tennis Court(s)
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Tennis Court(s): 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: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa
  • Association Fee: 313.78
  • Association Fee Frequency: Monthly
  • Association Name: Los Racimos
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Los Racimos
  • Association Fees:HOA Telephone4: 480-649-2017
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: 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:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Broadmor Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1370.0
  • Parcel #: 135-37-466

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 484.0
  • Tax Book Number: 135.00
  • Tax Lot: 1082
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 13, 2021
Sold by
Infanti Lucas John and Infanti Andrew J
Bought by
Shaw Jacob
Seller's Agent
Kristie Lindeman
Fathom Realty Elite
Buyer's Agent
Carly Gibbs
Keller Williams Realty East Valley
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Current Estimated Value
$298,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,968
Avg. Annual Appreciation
2.56%
Original Mortgage
$216,000
Outstanding Balance
$198,518
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$100,335

Purchase Details

Listed on
Apr 15, 2016
Closed on
May 24, 2016
Sold by
Msr Investment Llc
Bought by
Infanti Lucas John and Infanti Andrew J
Seller's Agent
Manny Peraza
US Home Realty
Buyer's Agent
Kristie Lindeman
Fathom Realty Elite
List Price
$134,900
Sold Price
$133,000
Premium/Discount to List
-$1,900
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.53%
Original Mortgage
$126,350
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2013
Closed on
Mar 5, 2013
Sold by
Gierhahn Jeffrey G and Gierhahn Alice L
Bought by
Msr Investment Llc
Seller's Agent
Claire Tropple
Realty ONE Group
Buyer's Agent
Claire Tropple
Realty ONE Group
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%
Original Mortgage
$45,000
Interest Rate
3.49%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Shaw Jacob $270,000 United Title Agency
Infanti Lucas John $133,000 Great Amer Title Agency Inc
Msr Investment Llc $80,000 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Jacob $216,000
Previous Owner Infanti Lucas John $126,350
Previous Owner Msr Investment Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $270,000 +3.8% $199 / Sq Ft
07/21/2021 07/21/21 For Sale $260,000 +95.5% $191 / Sq Ft
05/31/2016 05/31/16 Sold $133,000 -1.4% $98 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $134,900 +68.6% $99 / Sq Ft
03/04/2013 03/04/13 Sold $80,000 -5.9% $59 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
02/09/2013 02/09/13 For Sale $85,000 0.0% $63 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $85,000 -- $63 / 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 $495 $6,050 -- --
2024 $494 $5,762 -- --
2023 $494 $20,000 $4,000 $16,000
2022 $476 $16,410 $3,280 $13,130
2021 $502 $14,470 $2,890 $11,580
2020 $484 $13,030 $2,600 $10,430
2019 $480 $11,570 $2,310 $9,260
2018 $460 $9,470 $1,890 $7,580
2017 $447 $8,380 $1,670 $6,710
2016 $448 $8,060 $1,610 $6,450
2015 $507 $6,660 $1,330 $5,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6267485

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-466