Megan Faber
Real Broker
(623) 323-5384
110 Total Sales
2 in Riverview
$366K - $433K Price Range
540 N May Unit 1122 Mesa, AZ 85201
Riverview NeighborhoodEstimated Value: $274,000 - $301,994
3
Beds
2
Baths
1,306
Sq Ft
1,307
Sq Ft Lot
Highlights
- Contemporary Architecture
- Covered Patio or Porch
- Walk-In Closet
- Fenced Community Pool
- Double Pane Windows
- Breakfast Bar
About This Home
As of August 2025APPLY NOW AND RECEIVE $500 OFF YOUR FIRST MONTH'S RENT!
Discover this beautiful and rare 3-bedroom, 2-bathroom condo in Mesa! Enjoy being just minutes from ASU's Tempe campus, Sloan Park, Tempe Marketplace, and countless dining, shopping, and entertainment options.
Perfectly situated on the first floor, this light-filled home offers an inviting open-concept great room with a spacious living area, dedicated dining space, and a stylishly updated kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances.
Each bedroom is generously sized with plush carpeting for ultimate comfort, and the convenience of in-unit washer and dryer makes daily living effortless. Step outside to your private walk-out patio—an ideal space to sip your morning coffee or unwind in the evening. Just steps from the community pool and spa for you to enjoy on those hot summer days!
Easy access to the 101 freeway and only 4 minutes away from the light rail stop - this home offers quick commutes across the Valley!
Last Agent to Rent the Property
E & G Real Estate Services License #SA711034000 Listed on: 05/21/2025
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Condo Details
Home Type
- Condominium
Year Built
- Built in 1980
Lot Details
- 1,307
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Built-Up Roof
- Stucco
Interior Spaces
- 1,306 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Combination Dining and Living Room
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- 1 Carport Space
- Assigned Parking
- Unassigned Parking
Eco-Friendly Details
- North or South Exposure
- Smoke Free Home
Schools
- Curry 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
- Property Available on 8/1/25
- $150 Move-In Fee
- Rent includes water, sewer, garbage collection
- 12-Month Minimum Lease Term
- Tax Lot 1122
- Assessor Parcel Number 135-37-796
Community Details
Overview
- Property has a Home Owners Association
- Los Racimos Association, Phone Number (480) 649-2017
- Los Racimos Subdivision
Recreation
- Fenced Community Pool
- Community Spa
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
Feb 18, 2022
Closed on
Mar 18, 2022
Sold by
Bought by
Seller's Agent
Michael Smith
West USA Realty
Buyer's Agent
Francine Dinh
Real Broker
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,251
Avg. Annual Appreciation
-3.36%
Original Mortgage
$313,500
Outstanding Balance
$287,194
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
-$3,445
Purchase Details
Closed on
Dec 21, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,733
Interest Rate
6.99%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Riverview, AZ
-
Megan Faber
-
Kari Gutierrez
Kari Gutierrez
HomeSmart
(602) 497-3643
51 Total Sales
1 in Riverview
$320,000 Price
-
Brett Martin
Brett Martin
Barrett Real Estate
(623) 299-7795
44 Total Sales
1 in Riverview
$420,000 Price
-
Skyler Keyser
Skyler Keyser
Responds QuicklyThe Agency
(623) 777-2928
126 Total Sales
1 in Riverview
$465,000 Price
-
Craig Binder
Craig Binder
Jason Mitchell Real Estate
(623) 439-8822
97 Total Sales
1 in Riverview
$253,000 Price
-
James Goodman
James Goodman
Keller Williams Realty Sonoran Living
(480) 750-7625
198 Total Sales
1 in Riverview
$350,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $330,000 | Security Title | ||
| $242,000 | First American Title | ||
| $165,000 | The Talon Group Higley | ||
| -- | The Talon Group Higley | ||
| $83,700 | First American Title |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $313,500 | ||
| Previous Owner | $225,000 | ||
| Previous Owner | $158,000 | ||
| Previous Owner | $81,733 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/17/2025 08/17/25 | Rented | $1,995 | 0.0% | -- | |
| 08/13/2025 08/13/25 | Under Contract | -- | -- | -- | |
| 07/10/2025 07/10/25 | Price Changed | $1,995 | -9.3% | $2 / Sq Ft | |
| 05/21/2025 05/21/25 | For Rent | $2,200 | 0.0% | -- | |
| 03/25/2022 03/25/22 | Sold | $330,000 | +4.8% | $253 / Sq Ft | View Prior Sale |
| 02/18/2022 02/18/22 | For Sale | $315,000 | -- | $241 / Sq Ft |
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 | $1,314 | $5,850 | ||
| 2024 | $477 | $5,571 | ||
| 2023 | $477 | $19,610 | $3,920 | $15,690 |
| 2022 | $461 | $16,080 | $3,210 | $12,870 |
| 2021 | $566 | $14,170 | $2,830 | $11,340 |
| 2020 | $548 | $12,720 | $2,540 | $10,180 |
| 2019 | $542 | $11,270 | $2,250 | $9,020 |
| 2018 | $522 | $9,200 | $1,840 | $7,360 |
| 2017 | $507 | $8,130 | $1,620 | $6,510 |
| 2016 | $507 | $7,810 | $1,560 | $6,250 |
| 2015 | $490 | $6,430 | $1,280 | $5,150 |
Source: Public Records
Agents Affiliated with this Home
-
Joanna Roberson
J
Landlord's Agent in 2025
Joanna Roberson
E & G Real Estate Services
(480) 660-8609
-
Manuel Valencia
M
Tenant's Agent in 2025
Manuel Valencia
Real Estate Collection
(888) 897-7821
1 in this area
12 Total Sales
-
M
Seller's Agent in 2022
Michael Smith
West USA Realty
-
Francine Dinh
Buyer's Agent in 2022
Francine Dinh
Real Broker
(623) 628-8043
1 in this area
50 Total Sales
-
Monique Walker
Buyer Co-Listing Agent in 2022
Monique Walker
RE/MAX
(602) 413-8195
4 in this area
523 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6869197
APN: 135-37-796
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.
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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