NOT LISTED FOR SALE

540 N May Unit 1148 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $236,000 - $240,000

2 Beds
1 Bath
938 Sq Ft
$218/mo HOA Fee

Last Sold November 02, 2021

Last sale price $191,000 $204 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,558/month

2 Days on Market

Highlights

  • Community Pool
  • Eat-In Kitchen
  • Outdoor Storage
  • Covered patio or porch
  • Tile Flooring
  • Central Air

About This Home

As of November 2021

Looking for a great investment opportunity? Want an adorable first level condo walking distance to Cubs Spring Training and Mesa Riverwalk? This is the condo for you! This condo is ready for your personal touch.
condo has one assigned covered parking space and one assigned uncovered parking space. 2 community pools.

Last Agent to Sell the Property

Lisa Ramos

Elite Partners License #BR567155000 Listed on: 10/17/2021

Last Buyer's Agent

Lisa Ramos

Real Broker License #BR567155000

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $443

Year Built

  • Built in 1983

Lot Details

  • 871

HOA Fees

  • $218 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 938 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Flora Thew Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • Block Wall Fence
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 1148
  • Assessor Parcel Number 135-37-861

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Preferred Community Association, Phone Number (480) 641-6300
  • Los Racimos Phase 2B Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$443

Year Built

Built in 1983

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • 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: 218.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2021
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOS RACIMOS PHASE 2B
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 218.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Laminate Counters
  • Living Area: 938.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:Laminate Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Above
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Other
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 218.0
  • Association Fee Frequency: Monthly
  • Association Name: Preferred Community
  • Phone: 480-641-6300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Preferred Community
  • Association Fees:HOA Telephone4: 480-641-6300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • 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

Fee Information

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

Schools

  • Elementary School: Flora Thew Elementary School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 883.0
  • Parcel #: 135-37-861

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 443.0
  • Tax Book Number: 135.00
  • Tax Lot: 1148
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2015
Closed on
Nov 22, 2015
Sold by
Crossbridge Llc
Bought by
Danzy Roscoe and Battiest Danzy Valerie M
Seller's Agent
Matthew Sheldon
Legacy Advisory
Buyer's Agent
Lisa Ramos
Real Broker
List Price
$79,000
Sold Price
$73,900
Premium/Discount to List
-$5,100
-6.46%
Current Estimated Value
$235,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,024
Avg. Annual Appreciation
12.82%

Purchase Details

Listed on
Jan 6, 2015
Closed on
May 18, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Crossbridge Llc
Seller's Agent
Carla Reid
My Home Group Real Estate
Buyer's Agent
Matthew Sheldon
Legacy Advisory
List Price
$64,620
Sold Price
$64,044
Premium/Discount to List
-$576
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.55%
Original Mortgage
$64,044
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2014
Sold by
Thom Alecia and Mortgage Electronic Registrati
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 16, 2001
Sold by
Werre Roger L and Werre Patricia A
Bought by
Thom Alecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,445
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2001
Sold by
Lopez Albert
Bought by
Lopez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,445
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 1995
Sold by
Storm Robert and Storm Mary
Bought by
Werre Roger L and Werre Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,900
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1994
Sold by
Daly Betty Ann Berardini
Bought by
Storms Robert and Storms Mary
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Danzy Roscoe $73,900 Old Republic Title Agency
Crossbridge Llc $54,044 First Arizona Title Agency
Deutsche Bank National Trust Company -- Accommodation
Thom Alecia $68,500 Capital Title Agency
Lopez Gloria -- First American Title
Werre Roger L $37,000 Fidelity Title
Storms Robert $34,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crossbridge Llc $64,044
Previous Owner Thom Alecia $130,500
Previous Owner Thom Alecia $65,162
Previous Owner Thom Alecia $66,445
Previous Owner Werre Roger L $25,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $191,000 +12.4% $204 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/17/2021 10/17/21 For Sale $170,000 +130.0% $181 / Sq Ft
12/21/2015 12/21/15 Sold $73,900 -6.5% $79 / Sq Ft
05/30/2015 05/30/15 For Sale $79,000 +23.4% $84 / Sq Ft
05/27/2015 05/27/15 Sold $64,044 +10.0% $68 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/20/2015 04/20/15 Price Changed $58,220 -9.9% $62 / Sq Ft
04/20/2015 04/20/15 For Sale $64,620 +0.9% $69 / Sq Ft
04/18/2015 04/18/15 Off Market $64,044 -- --
03/27/2015 03/27/15 Price Changed $64,620 -8.0% $69 / Sq Ft
02/10/2015 02/10/15 Price Changed $70,220 -8.0% $75 / Sq Ft
01/06/2015 01/06/15 For Sale $76,320 -- $81 / 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 $445 $4,584 -- --
2024 $443 $4,365 -- --
2023 $443 $16,830 $3,360 $13,470
2022 $429 $13,710 $2,740 $10,970
2021 $443 $11,900 $2,380 $9,520
2020 $429 $10,560 $2,110 $8,450
2019 $424 $9,130 $1,820 $7,310
2018 $409 $7,250 $1,450 $5,800
2017 $398 $6,430 $1,280 $5,150
2016 $397 $6,080 $1,210 $4,870
2015 $384 $4,910 $980 $3,930
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Ramos

    Elite Partners

  • Matthew Sheldon

    Seller's Agent in 2015

    Matthew Sheldon

    Legacy Advisory

    (310) 967-9252

    5 Total Sales

    Section Image
  • Carla Reid

    Seller's Agent in 2015

    Carla Reid

    My Home Group Real Estate

    (480) 559-2202

    28 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6308598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-861

Arizona Maricopa County Mesa 85201 Riverview

540 N May Unit 1148, Mesa, AZ

This home is located at 540 N May Unit 1148, Mesa, AZ 85201 since 17 October 2021 and is currently estimated at $237,875, approximately $253 per square foot. This property was built in 1983. 540 N May Unit 1148 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

Nearby Homes