NOT LISTED FOR SALE

540 N May Unit 1116 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $212,000 - $230,000

2 Beds
1 Bath
855 Sq Ft
$273/mo HOA Fee

Last Sold May 08, 2024

Last sale price $225,900 $264 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,435/month

59 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Double Pane Windows
  • Property is near public transit and bus stop
  • Covered Patio or Porch
  • Breakfast Bar

About This Home

As of May 2024

Beautiful remodeled ground floor condo close to ASU, Phoenix Shy Harbor airport and Cubs Spring Training facility . Do not miss this opportunity to live in this exceptional 2-bedroom, 1 bath unit. You will awe at every detail from the tongue & groove ceiling, recessed lighting throughout, new chandeliers, exposed brick accent walls & custom paint colors. Renovated dream kitchen w/ butcher block counter, stainless-steel appliances, subway backsplash & stained concrete floors. You will love enjoying your morning coffee on the private patio with views of the greenbelt & just steps from the pool. In Mesa and located in the highly desirable complex of Los Racimos. As part of the lovely community, you will enjoy amenities such as a clubhouse, and a refreshing resort-style pool!

Last Agent to Sell the Property

Adrianne Burnell

Clayton Realty License #SA560699000 Listed on: 01/19/2024

Last Buyer's Agent

Roslyn Thompson

Sonoran Vista Properties License #SA582188000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $328

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $273 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 855 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Block Wall Fence
  • Property is near public transit and bus stop

Listing and Financial Details

  • Tax Lot 1116
  • Assessor Parcel Number 135-37-819

Community Details

Overview

  • Association fees include insurance, pest control, ground maintenance, trash, water
  • Los Racimos Association, Phone Number (480) 649-2017
  • Los Racimos Phase 2 A Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$328

Year Built

Built in 1980

Lot Details

0

HOA Fees

$273 per month

Listing Details

  • Cross Street: Dobson Rd & University Dr
  • 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: 273.42
  • 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
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2023
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOS RACIMOS PHASE 2-A
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 264.21
  • Association Fees:HOA Fee2: 273.42
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: 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, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 855.0
  • Stories: 3
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • 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, Biking/Walking Path
  • Association Fee: 273.42
  • Association Fee Frequency: Monthly
  • Association Name: Los Racimos
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Los Racimos
  • Association Fees:Special Assessment HOA: No
  • 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: 325.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Insurance, Pest Control, Maintenance Grounds, Trash, Water

Schools

  • Elementary School: Cecil Shamley 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: 966.0
  • Parcel #: 135-37-819

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 328.0
  • Tax Book Number: 135.00
  • Tax Lot: 1116
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
May 7, 2024
Sold by
Burnell Taylor
Bought by
Perri Joseph M
Seller's Agent
Adrianne Burnell
Clayton Realty
Buyer's Agent
Roslyn Thompson
Sonoran Vista Properties
List Price
$227,000
Sold Price
$225,900
Premium/Discount to List
-$1,100
-0.48%
Views
64
Current Estimated Value
$217,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,073
Avg. Annual Appreciation
-2.09%
Original Mortgage
$214,605
Outstanding Balance
$211,590
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$6,237

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 13, 2021
Sold by
Hart Robert A
Bought by
Burnell Taylor
Seller's Agent
Pieter Dijkstra
The Phoenix Area Real Estate
Buyer's Agent
Adrianne Burnell
Clayton Realty
List Price
$177,500
Sold Price
$180,000
Premium/Discount to List
$2,500
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
7.48%
Original Mortgage
$142,200
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Prosise Rodney and Prosise Erika
Bought by
Hart Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.02%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 22, 2014
Sold by
Lili Rubin Investment Properties Llc
Bought by
Prosise Rodney and Prosise Erika
Seller's Agent
Michael Kent
RE/MAX Solutions
Buyer's Agent
Michael Kent
RE/MAX Solutions
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Bortz James R and Bortz Sandra J
Bought by
Lili Rubin Investment Properties Llc

Purchase Details

Closed on
Aug 11, 2006
Sold by
Torres Hermogenes P
Bought by
Bortz James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,720
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Perri Joseph M $225,900 Equity Title Agency
Burnell Taylor $180,000 Fidelity Natl Ttl Agcy Inc
Hart Robert A $120,000 Old Republic Title Agency
Prosise Rodney $68,000 American Title Svc Agency Ll
Lili Rubin Investment Properties Llc $22,700 Accommodation
Lili Rubin Investment Properties Llc $22,700 Accommodation
Bortz James R $135,900 The Talon Group Ocotillo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perri Joseph M $214,605
Previous Owner Burnell Taylor $142,200
Previous Owner Hart Robert A $110,000
Previous Owner Bortz James R $108,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Sold $225,900 -0.5% $264 / Sq Ft
05/01/2024 05/01/24 For Sale $227,000 0.0% $265 / Sq Ft
05/01/2024 05/01/24 Price Changed $227,000 0.0% $265 / Sq Ft
04/23/2024 04/23/24 Price Changed $227,000 0.0% $265 / Sq Ft
04/23/2024 04/23/24 For Sale $227,000 0.0% $265 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/10/2024 03/10/24 Price Changed $227,000 -1.3% $265 / Sq Ft
02/29/2024 02/29/24 Price Changed $230,000 -2.1% $269 / Sq Ft
02/17/2024 02/17/24 Price Changed $235,000 -2.0% $275 / Sq Ft
01/31/2024 01/31/24 Price Changed $239,900 -2.1% $281 / Sq Ft
01/19/2024 01/19/24 For Sale $245,000 +36.1% $287 / Sq Ft
03/17/2021 03/17/21 Sold $180,000 0.0% $211 / Sq Ft View Prior Sale
02/14/2021 02/14/21 Pending -- -- --
02/14/2021 02/14/21 Off Market $180,000 -- --
02/11/2021 02/11/21 For Sale $177,500 +161.0% $208 / Sq Ft
08/29/2014 08/29/14 Sold $68,000 -9.3% $80 / Sq Ft View Prior Sale
08/18/2014 08/18/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $75,000 -- $88 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $355 $4,019 -- --
2024 $328 $3,828 -- --
2023 $328 $15,550 $3,110 $12,440
2022 $316 $12,610 $2,520 $10,090
2021 $334 $10,950 $2,190 $8,760
2020 $322 $9,670 $1,930 $7,740
2019 $319 $8,320 $1,660 $6,660
2018 $305 $6,560 $1,310 $5,250
2017 $297 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6652085

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-819