NOT LISTED FOR SALE

540 N May Unit 1140 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $212,000 - $238,876

2 Beds
1 Bath
938 Sq Ft
$228/ mo HOA Fee

Last Sold July 07, 2023

Last sale price $249,950 $266 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,446/month

4 Days on Market

Highlights

  • Property is near public transit and bus stop
  • Covered Patio or Porch
  • No Interior Steps
  • Community Pool
  • Breakfast Bar
  • Tile Flooring

About This Home

As of July 2023

Welcome to your new home in the fantastic Los Racimos Community! This charming condo with an excellent location is now on the market! Get an up-close look to discover a well-sized open floor plan featuring fresh paint, stylish tile flooring, track lighting, plantation shutters, and sliding glass doors to the patio. Cooking is a delight in the immaculate kitchen showcasing ample cream cabinetry, track lighting, plenty of counter space, and a peninsula with a breakfast bar. New air conditioner and dishwasher(2022), new water heater and COMPLETE bathroom renovation (2023), refrigerator (2021). Rest well after a hard day's work in the large bedrooms with sizable closets. Grab a cool drink and enjoy peaceful afternoons on the patio. 1 mile to Tempe Market Place, Freeways 60, 101, 20 Complex is 2 blocks from Riverview park/Chicago Cubs Training Field, 3 miles to ASU, and 1 mile to Salt River biking/walking path.

Last Agent to Sell the Property

Michael Hernandez

Keller Williams Integrity First License #SA706383000 Listed on: 05/15/2023

Last Buyer's Agent

Lisa McDermed

West USA Realty License #SA523715000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $412

Year Built

  • Built in 1982

Lot Details

  • 871

HOA Fees

  • $228 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Reflective Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 938 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Carport Spaces
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

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

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 1140
  • Assessor Parcel Number 135-37-882

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Preferred Community Association, Phone Number (480) 649-2017
  • Built by US HOME CORP
  • Los Racimos Phase 2B Amd 2C & 2D Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$412

Year Built

Built in 1982

Lot Details

871 Sq Ft Lot

HOA Fees

$228 per month

Listing Details

  • Cross Street: W University Dr & N Dobson Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 227.85
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Tax Year: 2022
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOS RACIMOS PHASE 2B AMD 2C & 2D
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 266.47
  • Association Fees:HOA Fee2: 227.85
  • Dining Area:Breakfast Bar: 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: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, No Interior Steps
  • Living Area: 938.0
  • Stories: 3
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: 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: None
  • Exterior Features: Storage
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Reflective Coating, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • 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 Light Rail Stop, Near Bus Stop
  • Association Fee: 227.85
  • 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: 175.0
  • 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:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Preferred Community
  • Association Fees:HOA Management Phone: 480-649-2017
  • 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: 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: 872.0
  • Parcel #: 135-37-882

Building Info

  • Builder Name: US HOME CORP

Tax Info

  • Tax Annual Amount: 412.0
  • Tax Book Number: 135.00
  • Tax Lot: 1140
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jul 7, 2023
Sold by
Schmarje Judy C
Bought by
Bassel Bernice R
Seller's Agent
Michael Hernandez
Keller Williams Integrity First
Buyer's Agent
Lisa McDermed
West USA Realty
List Price
$265,000
Sold Price
$249,950
Premium/Discount to List
-$15,050
-5.68%
Views
22
Current Estimated Value
$225,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,481
Avg. Annual Appreciation
-3.73%
Original Mortgage
$212,458
Outstanding Balance
$206,299
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$19,170
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
Bassel Bernice R $249,950 American Title Service Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassel Bernice R $212,458
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $249,950 0.0% $266 / Sq Ft
05/18/2023 05/18/23 Price Changed $249,950 -5.7% $266 / Sq Ft
05/15/2023 05/15/23 For Sale $265,000 -- $283 / 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 $389 $4,404 -- --
2024 $426 $4,195 -- --
2023 $426 $16,460 $3,290 $13,170
2022 $412 $13,360 $2,670 $10,690
2021 $426 $11,650 $2,330 $9,320
2020 $412 $10,330 $2,060 $8,270
2019 $408 $8,950 $1,790 $7,160
2018 $393 $7,100 $1,420 $5,680
2017 $382 $6,260 $1,250 $5,010
2016 $382 $5,950 $1,190 $4,760
2015 $369 $4,770 $950 $3,820
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Hernandez

    Keller Williams Integrity First

  • Lisa McDermed

    Buyer's Agent in 2023

    Lisa McDermed

    West USA Realty

    (602) 410-4663

    1 in this area

    89 Total Sales

    Lisa McDermed
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6555421

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-882

Arizona Maricopa County Mesa 85201 Riverview

540 N May Unit 1140, Mesa, AZ

Not Listed for Sale

Condos

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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