NOT LISTED FOR SALE

540 N May Unit 1134 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $251,000 - $283,000

2 Beds
2 Baths
988 Sq Ft
$270/mo HOA Fee

Last Sold June 01, 2022

Last sale price $306,000 $310 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,777/month

3 Days on Market

Highlights

  • Community Pool
  • Tile Flooring
  • Central Air
  • Tennis Courts
  • Property is near a bus stop
  • Ceiling Fan

About This Home

As of June 2022

Beautiful updated two bedroom, two bathroom condo with a split floorplan. Enjoy the kitchen with granite counters and stainless steel appliances. This property has tile floors and upgraded touches throughout. Ground floor unit across from one of the pools. This complex is near ASU, Tempe Marketplace and the Cubs stadium. Easy access to the 101 and 202 freeways.

Last Agent to Sell the Property

Sean and Tina, The McFarlane Team

My Home Group Real Estate License #SA653022000 Listed on: 04/25/2022

My Home Group Real Estate

Co-Listed By

Tina Eaton

My Home Group Real Estate License #SA644072000

Last Buyer's Agent

Natalie Ward

HomeSmart License #SA631861000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $462

Year Built

  • Built in 1981

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Tapp Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

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

Additional Features

  • Block Wall Fence
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 1134
  • Assessor Parcel Number 135-37-842

Community Details

Overview

  • Association fees include insurance, pest control, maintenance exterior
  • Preferred Community Association, Phone Number (480) 649-2017
  • Los Racimos Phase 2 B Amd Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$462

Year Built

Built in 1981

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Cross Street: PRICE & UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 269.85
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2021
  • Directions: From the 101 - East on University, North (left) on Evergreen, take the first entrance on the right after Camino. It's building #11 (first building on the left)
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: LOS RACIMOS PHASE 2-B AMD
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 269.85
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 988.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Other
  • Construction:Frame - Wood: 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, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Tennis Court(s)
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 269.85
  • Association Fee Frequency: Monthly
  • Association Name: Preferred Community
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Preferred Community
  • Association Fees:HOA Telephone4: 480-649-2017
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Insurance, Pest Control, Maintenance Exterior

Schools

  • Elementary School: Tapp
  • 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: 96.0
  • Parcel #: 135-37-842
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 462.0
  • Tax Book Number: 135.00
  • Tax Lot: 1134
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 25, 2022
Sold by
Carr Philip L and Carr Nancy
Bought by
Terpstra Kevin J and Terpstra Rosella Y
Seller's Agent
Sean and Tina, The McFarlane Team
My Home Group Real Estate
Buyer's Agent
Natalie Ward
HomeSmart
List Price
$275,000
Sold Price
$306,000
Premium/Discount to List
$31,000
11.27%
Total Days on Market
3
Current Estimated Value
$269,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,440
Avg. Annual Appreciation
-3.86%
Original Mortgage
$213,750
Outstanding Balance
$204,783
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$64,777

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 31, 2016
Sold by
Jordan James D and Jordan Gail
Bought by
Carr Philip L and Carr Nancy
Seller's Agent
Kristen Trussell
Real Broker
Buyer's Agent
Sean and Tina, The McFarlane Team
My Home Group Real Estate
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.51%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Rivas Rafaela
Bought by
Jordan James D and Jordan Gail

Purchase Details

Closed on
Oct 5, 2001
Sold by
Hertzog Shawn A and Shawn A Hertzog Revocable Trus
Bought by
Rivas Rafaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,100
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1999
Sold by
Hertzog Shawn A
Bought by
Hertzog Shawn A and Shawn A Hertzog Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Terpstra Kevin J $306,000 New Title Company Name
Carr Philip L $105,000 Empire West Title Agency
Jordan James D $75,000 Old Republic Title Agency
Rivas Rafaela $67,500 Capital Title Agency
Hertzog Shawn A -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terpstra Kevin J $213,750
Previous Owner Rivas Rafaela $64,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $306,000 +11.3% $310 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $275,000 +161.9% $278 / Sq Ft
06/02/2016 06/02/16 Sold $105,000 0.0% $106 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $105,000 0.0% $106 / Sq Ft
03/21/2014 03/21/14 Rented $850 -5.6% --
03/11/2014 03/11/14 Under Contract -- -- --
11/12/2013 11/12/13 For Rent $900 -- --
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 $464 $4,781 -- --
2024 $462 $4,553 -- --
2023 $462 $17,470 $3,490 $13,980
2022 $447 $14,320 $2,860 $11,460
2021 $462 $12,430 $2,480 $9,950
2020 $448 $10,970 $2,190 $8,780
2019 $443 $9,580 $1,910 $7,670
2018 $426 $7,580 $1,510 $6,070
2017 $415 $6,710 $1,340 $5,370
2016 $414 $6,410 $1,280 $5,130
2015 $400 $5,180 $1,030 $4,150
Source: Public Records

Agents Affiliated with this Home

  • Sean and Tina, The McFarlane Team

    Seller's Agent in 2022

    Sean and Tina, The McFarlane Team

    My Home Group

    (602) 799-6094

    1 in this area

    25 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Tina Eaton

    My Home Group

    1 in this area

    16 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Natalie Ward

    HomeSmart

    (602) 230-7600

    1 in this area

    9 Total Sales

    Section Image
  • Kristen Trussell

    Seller's Agent in 2016

    Kristen Trussell

    Real Broker

    (602) 625-4522

    5 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6389068

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-842

Arizona Maricopa County Mesa 85201 Riverview

540 N May Unit 1134, Mesa, AZ

This home is located at 540 N May Unit 1134, Mesa, AZ 85201 since 25 April 2022 and is currently estimated at $270,043, approximately $273 per square foot. This property was built in 1981. 540 N May Unit 1134 is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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