NOT LISTED FOR SALE

540 N May Unit 2060 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $213,125 - $225,000

2 Beds
1 Bath
855 Sq Ft
$198/mo HOA Fee

Last Sold May 24, 2021

Last sale price $169,500 $198 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,376/month

176 Days on Market

Highlights

  • Property is near public transit
  • Tennis Courts
  • Central Air
  • Community Pool
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

As of May 2021

Great 2 Bedroom and1 bath unit with an open floor plan. Large covered patio with storage closet. Fridge Stays. Inside stacked washer and dryer Stay. Complex has tennis courts and two pools for your enjoyment. Elevator Access. Covered Parking. Desirable Location. Property is located close to the light rail, bus; US60, I10, 101 and 202; Cubs Stadium, Mesa Riverview, Tempe Marketplace, ASU, MCC, and Childrens Cardon Hospital. Sky Harbor Airport is close by. Great Location Close to everything the valley has to offer.

Last Agent to Sell the Property

Betsy Verrico

Home Style Realty, LLC License #BR553582000 Listed on: 10/29/2020

Last Buyer's Agent

Renata Luzhoxsie

West USA Realty License #SA665391000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $376

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $198 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 2060
  • Assessor Parcel Number 135-37-531

Community Details

Overview

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

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$376

Year Built

Built in 1980

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Cross Street: 101 & University
  • 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: 198.0
  • 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: 1980
  • Tax Year: 2020
  • Directions: East on University to May. North on May pass Camino Street. Left into Los Racimos Parking lot. Building 4 NE side of complex near pool. See the complex map attached and posted on site.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LOS RACIMOS PHASE 1
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 198.0
  • Cooling:Ceiling Fan(s): 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: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Pantry, Laminate Counters
  • Living Area: 855.0
  • Stories: 3
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Screened in Patio(s)
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking 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 Light Rail Stop, Near Bus Stop, Tennis Court(s), Biking/Walking Path
  • Association Fee: 198.0
  • Association Fee Frequency: Monthly
  • Association Name: Los Racimos
  • 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: Los Racimos
  • 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 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: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 897.0
  • Parcel #: 135-37-531

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 376.0
  • Tax Book Number: 135.00
  • Tax Lot: 2060
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
May 13, 2021
Sold by
Treetop Tona
Bought by
Treetop Tona and Treetop Mateo
Seller's Agent
Betsy Verrico
Home Style Realty, LLC
Buyer's Agent
Renata Luzhoxsie
West USA Realty
List Price
$167,000
Sold Price
$169,500
Premium/Discount to List
$2,500
1.5%
Current Estimated Value
$219,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,781
Avg. Annual Appreciation
5.98%
Original Mortgage
$164,415
Outstanding Balance
$148,533
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$70,748

Purchase Details

Closed on
Jan 18, 2006
Sold by
Fok Jenny C
Bought by
Roberge James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2005
Sold by
Aurelius Paul J and Aurelius Marjorie B
Bought by
Fok Jenny C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Treetop Tona -- Greystone Title Agency Llc
Top Tona Tree $169,500 Greystone Title Agency Llc
Roberge James R $125,000 The Talon Group Tempe Rural
Fok Jenny C $80,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Tona Tree $164,415
Closed Treetop Tona $164,415
Previous Owner Roberge James R $87,500
Previous Owner Fok Jenny C $64,000
Closed Roberge James R $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $169,500 +1.5% $198 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $167,000 0.0% $195 / Sq Ft
04/20/2021 04/20/21 Price Changed $167,000 -1.5% $195 / Sq Ft
03/04/2021 03/04/21 Off Market $169,500 -- --
02/18/2021 02/18/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $165,000 -0.9% $193 / Sq Ft
11/25/2020 11/25/20 Price Changed $166,500 -0.6% $195 / Sq Ft
10/29/2020 10/29/20 For Sale $167,500 -- $196 / 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 $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 $376 $9,670 $1,930 $7,740
2019 $372 $8,320 $1,660 $6,660
2018 $358 $6,560 $1,310 $5,250
2017 $349 $5,750 $1,150 $4,600
2016 $348 $5,510 $1,100 $4,410
2015 $337 $4,380 $870 $3,510
Source: Public Records

Agents Affiliated with this Home

  • Betsy Verrico

    Seller's Agent in 2021

    Betsy Verrico

    Home Style Realty, LLC

    (480) 540-8457

    2 in this area

    24 Total Sales

    Betsy Verrico
    Section Image

  • R

    Buyer's Agent in 2021

    Renata Luzhoxsie

    West USA Realty

    (480) 685-2760

    1 in this area

    10 Total Sales

    Renata Luzhoxsie
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6153733

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-531

Arizona Maricopa County Mesa 85201 Riverview

540 N May Unit 2060, Mesa, AZ

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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