NOT LISTED FOR SALE

540 N May Unit 2053 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $204,000 - $239,000

2 Beds
1 Bath
855 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: December 28, 2021

Last sale price $265,000 $310 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $1,451 / mo

4 Days on Market

Highlights

  • Community Pool
  • No Interior Steps
  • Central Air
  • Balcony
  • Property is near bus stop
  • Ceiling Fan

About This Home

As of December 2021

Model perfect 2 bedroom, 1 bath home in a prime Mesa location and is right next to the Tempe border, close to Riverview Park, just minutes from the Sloan Park Cubs spring training stadium, the 101, the 202, Tempe Market Place, ASU & MCC. Completely remodeled unit, everything is new and modern with a beautiful kitchen that has quartz counter tops and brand new stainless steel appliances. If you're tired of paying rent, this is cheaper to own than rent! The grounds are lush and the community pool delightful. Don't delay, see this home today!

Last Agent to Sell the Property

Tricia Costa

West USA Realty License #SA546846000 Listed on: 12/10/2021

Last Buyer's Agent

Michael D'Elena

RETSY License #SA644866000

RETSY

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $334

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 855 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Kitchen Updated in 2021
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Floors Updated in 2021
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2021
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Cecil Shamley Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

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

Additional Features

  • No Interior Steps
  • Balcony
  • Block Wall Fence
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 2053
  • Assessor Parcel Number 135-37-546

Community Details

Overview

  • Association fees include roof repair, sewer, ground maintenance, trash, water, maintenance exterior
  • Los Racimos Association, Phone Number (480) 649-2017
  • Los Racimos Phase 1 Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$334

Year Built

Built in 1980

Lot Details

871 Sq Ft Lot

HOA Fees

$218 per month

Listing Details

  • Cross Street: Rio Salado Pkwy & Price Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 217.8
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2021
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOS RACIMOS PHASE 1
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 309.94
  • Association Fees:HOA Fee2: 217.8
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, No Interior Steps
  • Living Area: 855.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • General Property Description:Community Pool YN2: Yes
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Common: 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
  • Association Fee: 217.8
  • Association Fee Frequency: Monthly
  • Association Name: Los Racimos
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Los Racimos
  • 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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

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

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 921.0
  • Parcel #: 135-37-546

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 334.0
  • Tax Book Number: 135.00
  • Tax Lot: 2053
  • Tax Map Number: 37.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Dec 22, 2021
Sold by
Bought by
Seller's Agent
Tricia Costa
West USA Realty
Buyer's Agent
Michael D'Elena
RETSY
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Current Estimated Value
$219,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,832
Avg. Annual Appreciation
-3.99%

Purchase Details

Closed on
Mar 12, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,932
Interest Rate
5.65%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riverview, AZ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$265,000 Magnus Title Agency Llc
$85,250 First American Title Ins Co
$112,950 First American Title
$70,000 Security Title Agency
$32,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $80,981
Previous Owner $83,932
Previous Owner $110,500
Previous Owner $63,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $265,000 +1.9% $310 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $260,000 -- $304 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $355 $4,019
2024 $328 $3,828
2023 $328 $15,550 $3,110 $12,440
2022 $316 $12,610 $2,520 $10,090
2021 $334 $10,950 $2,190 $8,760
2020 $322 $9,670 $1,930 $7,740
2019 $319 $8,320 $1,660 $6,660
2018 $305 $6,560 $1,310 $5,250
2017 $297 $5,750 $1,150 $4,600
2016 $298 $5,510 $1,100 $4,410
2015 $290 $4,380 $870 $3,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6331037

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-546

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