NOT LISTED FOR SALE

540 N May Unit 1130 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $292,000 - $308,565

3 Beds
2 Baths
1,313 Sq Ft
$327/mo HOA Fee

Last Sold June 23, 2022

Last sale price $330,000 $251 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,997/month

25 Days on Market

Highlights

  • RV Parking in Community
  • Property is near public transit
  • Corner Lot
  • Clubhouse
  • End Unit
  • Heated Community Pool

About This Home

As of June 2022

Freshly updated! This bright, roomy, 3 bedroom 2 bath Condo is a first floor unit located near the pool! Enjoy your privacy with this split floorplan layout and large master suite. Close to the Cubs New Spring Training stadium. Property borders Tempe in Mesa and is close to Highways 202, 101, 60 as well as lightrail. Convenient to Riverview and Tempe Marketplace as well as ASU. Community also has tennis courts and RV parking. The huge oversized patio has 2 separate exits from master and living space and has mature citrus trees! Quick access to ASU, airport, malls, etc. There are 2 community pools and 3 tennis courts. The unit comes with 2 parking spaces one of which is covered.

Last Agent to Sell the Property

Rebecca Hidalgo

Integrity All Stars License #BR100814000 Listed on: 05/13/2022

Last Buyer's Agent

John Gluch

eXp Realty License #SA573605000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $503

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $327 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,313 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Floors Updated in 2022
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2022
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Location

  • Unit is below another unit
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1130
  • Assessor Parcel Number 135-37-838

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Los Racimos HOA, Phone Number (480) 649-2017
  • Los Racimos Phase 2B Amd 2C & 2D Subdivision
  • RV Parking in Community

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$503

Year Built

Built in 1981

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Cross Street: 101 AND UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 326.55
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2022
  • Items Updated Floor Yr Updated: 2022
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2021
  • Directions: East on University, North on Evergreen, First right into Los Racimos complex entrance. Bldg #11
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: LOS RACIMOS PHASE 2B AMD 2C & 2D
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 326.55
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1313.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: 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
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above, End Unit
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: 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
  • 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 Htd, Near Light Rail Stop, Near Bus Stop, Tennis Court(s), Biking/Walking Path, Clubhouse
  • Amenities: Management, RV Parking
  • Association Fee: 326.55
  • Association Fee Frequency: Monthly
  • Association Name: Los Racimos HOA
  • Phone: 480-649-2017
  • 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: Los Racimos HOA
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

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

Schools

  • Elementary School: Other
  • 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: 128.0
  • Parcel #: 135-37-838
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 503.0
  • Tax Book Number: 135.00
  • Tax Lot: 1130
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Arampatzis Stephen and Arampatzis Leslie
Bought by
Rains Rebecca Hidalgo and Rains James
Current Estimated Value
$298,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,300
Outstanding Balance
$196,189
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$105,452

Purchase Details

Listed on
Oct 16, 2012
Closed on
Feb 7, 2013
Sold by
Curry Dan and Curry Susan
Bought by
Arampatzis Stephen and Arampatzis Leslie
Seller's Agent
Christina Catalano
Real Broker
Buyer's Agent
Curtis Johnson
eXp Realty
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$67,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2012
Closed on
Feb 23, 2012
Sold by
The Bank Of New York Mellon
Bought by
Curry Dan and Curry Susan
Seller's Agent
Rose Amoako
Abanex Realty
Buyer's Agent
Rose Amoako
Abanex Realty
List Price
$36,000
Sold Price
$46,000
Premium/Discount to List
$10,000
27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.69%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Foster Brock W
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 12, 2005
Sold by
Hornlein Woods Jennifer L
Bought by
Foster Brock W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2003
Sold by
Hernandez Ramon and Hernandez Aida C
Bought by
Hornlein Woods 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
$70,400
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1995
Sold by
Kerr Scott P
Bought by
Hernandez Ramon and Hernandez Aida C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1995
Sold by
Kerr Jack Kenneth and Kerr Kathy Lillian
Bought by
Kerr Scott P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Rains Rebecca Hidalgo $261,707 None Listed On Document
Arampatzis Stephen $90,000 Sterling Title Agency Llc
Curry Dan $46,000 Clear Title Agency Of Arizon
The Bank Of New York Mellon $67,962 None Available
Foster Brock W $100,100 Title Partners Of Phoenix Ll
Hornlein Woods Jennifer L $88,000 First Financial Title Agency
Hernandez Ramon $53,000 Security Title Agency
Kerr Scott P -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rains Rebecca Hidalgo $209,300
Previous Owner Arampatzis Stephen $67,500
Previous Owner Foster Brock $60,500
Previous Owner Foster Brock W $80,000
Previous Owner Hornlein Woods Jennifer L $70,400
Previous Owner Hornlein Woods Jennifer L $17,600
Previous Owner Hernandez Ramon $42,400
Closed Foster Brock W $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $330,000 0.0% $251 / Sq Ft
05/17/2022 05/17/22 For Sale $330,000 0.0% $251 / Sq Ft
05/13/2022 05/13/22 Off Market $330,000 -- --
04/29/2022 04/29/22 For Sale $330,000 +266.7% $251 / Sq Ft
02/10/2013 02/10/13 Sold $90,000 -8.2% $69 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
12/28/2012 12/28/12 Price Changed $98,000 -2.0% $75 / Sq Ft
10/16/2012 10/16/12 For Sale $100,000 +117.4% $76 / Sq Ft
02/28/2012 02/28/12 Sold $46,000 +27.8% $35 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
02/11/2012 02/11/12 For Sale $36,000 -- $27 / 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 $496 $6,059 -- --
2024 $495 $5,770 -- --
2023 $495 $20,120 $4,020 $16,100
2022 $477 $16,560 $3,310 $13,250
2021 $503 $14,520 $2,900 $11,620
2020 $485 $13,030 $2,600 $10,430
2019 $480 $11,560 $2,310 $9,250
2018 $460 $9,420 $1,880 $7,540
2017 $447 $8,380 $1,670 $6,710
2016 $449 $8,020 $1,600 $6,420
2015 $437 $6,630 $1,320 $5,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6391534

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-838