$175,000
SOLD MAY 8, 2026

540 N May Unit 1109 Mesa, AZ 85201

Riverview Neighborhood
2 Beds
1 Bath
891 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: May 8, 2026

$196 Per Sq Ft

10% Below List Price

86 Days on Market

Highlights

  • Clubhouse
  • Covered Patio or Porch
  • No Interior Steps
  • Fenced Community Pool
  • Double Pane Windows
  • Tile Flooring

About This Home

As of May 2026

Immaculate and move-in ready, this stylish 2-bed, 1-bath condo offers effortless living in a highly desirable Mesa location. Enjoy a bright, open layout with updated finishes, plush carpet, tile flooring, neutral tones, and a striking wood accent wall. The well-equipped kitchen provides ample storage and workspace, while the oversized patio doors let in natural light and serene sunrise views. Inside laundry, abundant storage, and no neighbors below add comfort and convenience. Walk to Sloan Park and Riverview Park, with quick access to ASU, Tempe Marketplace, major freeways, and Sky Harbor. Community features pools, clubhouse, trails, and more--ideal for a vibrant, low-maintenance lifestyle.

Last Agent to Sell the Property

Michael Kent

RE/MAX Fine Properties License #SA550891000 Listed on: 01/22/2026

RE/MAX Fine Properties

Co-Listed By

Christopher Reeves

RE/MAX Fine Properties License #SA693054000

Last Buyer's Agent

Kinh DeMaree

eXp Realty License #SA690827000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $417

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Desert faces the back of the property

HOA Fees

  • $328 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 891 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Combination Dining and Living Room

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Ground Level
  • Unit is below another unit
  • Property is near bus stop

Schools

  • Curry Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 1109
  • Assessor Parcel Number 135-37-778

Community Details

Overview

  • Association fees include maintenance exterior, roof repair, roof replacement, insurance, water, trash, pest control, ground maintenance
  • Preferred Community Association, Phone Number (480) 649-2017
  • Built by US Homes
  • Los Racimos Phase 2 Subdivision

Amenities

  • Clubhouse

Recreation

  • Fenced Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$417

Year Built

Built in 1980

Lot Details

871 Sq Ft Lot

HOA Fees

$328 per month

Listing Details

  • Cross Street: E Rio Salado Pkwy & N Dobson Rd
  • Property Type: Residential
  • Ownership: Condominium
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 328.1
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2025
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: rmfp13
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: LOS RACIMOS PHASE 2
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 196.41
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air
  • Technology:Technology: Cable TV Avail, High Speed Internet
  • Plumbing:Plumbing: Electric Hot Wtr Htr
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer, Stacked Washer/Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Laminate Counters, High Speed Internet, 9+ Flat Ceilings, No Interior Steps
  • Living Area: 891.0
  • Stories: 3
  • Window Features: Dual Pane
  • Additional Bedroom:Additional Bedroom: Separate Bedroom Exit
  • Dining Area:Dining Area: Dining in LR/GR
  • Interior Features:Interior Features: 9+ Flat Ceilings, No Interior Steps
  • Kitchen Features:Kitchen Features: Dishwasher, Disposal, Refrigerator, Built-in Microwave, Laminate Counters
  • Laundry:Laundry: Washer Included, Dryer Included, Stacked Washer/Dryer, Inside
  • Master Bathroom:Master Bathroom: None
  • Window Features:Window Features: Dual Pane

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: All on One Level, 2+ Common Walls, Neighbor Above, Ground Level
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • General Property Description:Community Pool YN2: Yes
  • General Property Description:Private Pool YN2: No
  • Community Pool Features:Community Pool Features: Fenced, Outdoor

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: SRP

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Biking/Walking Path, Clubhouse
  • Association Fee: 328.1
  • Association Fee Frequency: Monthly
  • Association Name: Los Racimos
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 656.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 65.0
  • Association Fees:Other Fees Description: Homewise Doc Fee
  • Association Fees:HOA Management Company: Preferred Community
  • Association Fees:Special Assessment Amount Owed: 56.0
  • Association Fees:Special Assessment Frequency: Monthly
  • Association Fees:Payment Start Date: 2026-01-01
  • Association Fees:Payment End Date: 2028-12-31

Fee Information

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

Schools

  • Elementary School: Curry 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: 919.0
  • Parcel #: 135-37-778

Building Info

  • Builder Name: US Homes

Tax Info

  • Tax Annual Amount: 417.0
  • Tax Book Number: 135.0
  • Tax Lot: 1109
  • Tax Map Number: 37.0

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Floorplan

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2026
Closed on
May 8, 2026
Sold by
Bought by
Seller's Agent
Michael Kent
RE/MAX Fine Properties
Buyer's Agent
Kinh DeMaree
eXp Realty
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$166,250
Outstanding Balance
$165,942
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$11,718
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $175,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $166,250 New Conventional
Previous Owner $25,000 Unknown
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/08/2026 05/08/26 Sold $175,000 0.0% $196 / Sq Ft
04/18/2026 04/18/26 Pending -- -- --
03/28/2026 03/28/26 Price Changed $175,000 -10.3% $196 / Sq Ft
03/23/2026 03/23/26 For Sale $195,000 0.0% $219 / Sq Ft
03/17/2026 03/17/26 Pending -- -- --
02/26/2026 02/26/26 Price Changed $195,000 -2.5% $219 / Sq Ft
01/22/2026 01/22/26 For Sale $200,000 0.0% $224 / Sq Ft
12/04/2020 12/04/20 Rented $995 0.0% --
12/01/2020 12/01/20 Under Contract -- -- --
11/24/2020 11/24/20 Price Changed $995 -9.5% $1 / Sq Ft
11/10/2020 11/10/20 Price Changed $1,099 -0.1% $1 / Sq Ft
11/02/2020 11/02/20 For Rent $1,100 0.0% --
10/08/2020 10/08/20 Off Market $1,100 -- --
09/24/2020 09/24/20 For Rent $1,100 +37.5% --
05/08/2017 05/08/17 Rented $800 -3.0% --
04/20/2017 04/20/17 Under Contract -- -- --
04/13/2017 04/13/17 For Rent $825 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $417 $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 $4,380 $870 $3,510
2017 $349 $4,380 $870 $3,510
2016 $200 $5,510 $1,100 $4,410
2015 $290 $4,380 $870 $3,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6973261

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-778

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