NOT LISTED FOR SALE

540 N May Unit 2050 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $284,000 - $304,000

3 Beds
2 Baths
1,359 Sq Ft
$236/mo HOA Fee

Last Sold April 30, 2019

Last sale price $170,000 $125 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,793/month

17 Days on Market

Highlights

  • Property is near public transit
  • Tennis Courts
  • Central Air
  • Community Pool
  • Patio
  • ENERGY STAR Qualified Windows with Low Emissivity

About This Home

As of April 2019

Location, Location, Location. This newly remodeled condo has it all! Walk to the Cubs Stadium for your day of fun. Close to shopping, restaurants, freeways, light rail & ASU. Freshly painted throughout, new carpet in all the bedroom's, with vinyl wood planking in family room, kitchen, & bathrooms. Both bathrooms have been totally remodeled. This unit has lots of storage. Two closets on a carpeted shaded patio, facing south with a private view. Also walk in closets in two bedrooms. There are also two new bedroom windows in the unit. For your convenience a stackable 2015 washer and dryer with a steam dryer feature. Dishwasher 2016 and H20 heater 2015.. LED lighting in the kitchen. On site RV parking is available for a additional fee. Don't miss out on this condo!!

Last Agent to Sell the Property

Helene Alber

West USA Realty License #SA529247000 Listed on: 01/23/2019

West USA Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $447

Year Built

  • Built in 1980

Lot Details

  • 1,307

HOA Fees

  • $236 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,359 Sq Ft Home
  • 3-Story Property
  • ENERGY STAR Qualified Windows with Low Emissivity

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Assigned Parking

Schools

  • Laguna Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

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

Additional Features

  • Patio
  • Grass Covered Lot
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 2050
  • Assessor Parcel Number 135-37-543

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Preferred Association, Phone Number (480) 649-2017
  • Built by US Home
  • Los Racimos Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$447

Year Built

Built in 1980

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Cross Street: Rio Salado Pkwy & Price
  • 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: 236.23
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2017
  • Directions: East to May, N to Los Racimos Community. BLDG #5 As far North as you can go in Complex.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: LOS RACIMOS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 236.23
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Full Bth Master Bdrm
  • Living Area: 1359.0
  • Stories: 3
  • Window Features: Low-Emissivity Windows, ENERGY STAR Qualified Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: 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 Spa, Community Pool, Near Light Rail Stop, Tennis Court(s)
  • Association Fee: 236.23
  • Association Fee Frequency: Monthly
  • Association Name: Preferred
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Preferred
  • 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 Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: 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:Garbage Collection2: Yes

Fee Information

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

Schools

  • Elementary School: Laguna 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: 1264.0
  • Parcel #: 135-37-543

Building Info

  • Builder Name: US Home

Tax Info

  • Tax Annual Amount: 447.0
  • Tax Book Number: 135.00
  • Tax Lot: 2050
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Wright Bryce W and Wright Matthew W
Bought by
Wright Bryce and Wright Blake Porter
Current Estimated Value
$276,709

Purchase Details

Closed on
Jul 10, 2020
Sold by
Wright Bryce and Wright Matthew W
Bought by
Wright Matthew W and Wright Lon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2019
Closed on
Jun 25, 2019
Sold by
Wright Brice
Bought by
Wright Mathew W and Wright Lori S
Seller's Agent
Helene Alber
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 20, 2019
Sold by
Burba Thomas A and Burba Margaret M
Bought by
Wright Bryce
Seller's Agent
Helene Alber
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2012
Closed on
Apr 3, 2012
Sold by
Giffis Craig
Bought by
Burba Thomas A and Burba Margaret M
Seller's Agent
Brandon Boxrud
AH Properties
Buyer's Agent
Helene Alber
West USA Realty
List Price
$59,000
Sold Price
$62,500
Premium/Discount to List
$3,500
5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%

Purchase Details

Closed on
Jan 30, 2012
Sold by
Gullett Donald F
Bought by
Giffis Craig

Purchase Details

Closed on
Apr 29, 2008
Sold by
Gullett Donald F
Bought by
Gullett Donald F and Donald F Gullett Trust

Purchase Details

Closed on
Sep 9, 2005
Sold by
Gullett Donald F and Gullett Jeannette A
Bought by
Gullett Donald F and Gullett Jeannette A
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
Wright Bryce -- --
Wright Matthew W -- Accommodation
Wright Bryce -- Pioneer Title Agency Inc
Wright Mathew W -- Pioneer Title Agency Inc
Wright Bryce $170,000 Pioneer Title Agency Inc
Burba Thomas A $62,500 Millennium Ttle Agency Llc
Giffis Craig -- None Available
Gullett Donald F -- None Available
Gullett Donald F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Bryce $147,500
Previous Owner Wright Bryce $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $170,000 -4.0% $125 / Sq Ft
03/12/2019 03/12/19 Price Changed $177,000 -4.3% $130 / Sq Ft
03/12/2019 03/12/19 For Sale $185,000 0.0% $136 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $185,000 +196.0% $136 / Sq Ft
04/05/2012 04/05/12 Sold $62,500 +5.9% $46 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $59,000 -- $43 / 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 $587 $6,050 -- --
2024 $585 $5,762 -- --
2023 $585 $20,000 $4,000 $16,000
2022 $566 $16,410 $3,280 $13,130
2021 $585 $14,470 $2,890 $11,580
2020 $567 $13,030 $2,600 $10,430
2019 $560 $11,570 $2,310 $9,260
2018 $460 $9,470 $1,890 $7,580
2017 $447 $8,380 $1,670 $6,710
2016 $448 $8,060 $1,610 $6,450
2015 $436 $6,660 $1,330 $5,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5872182

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-543