NOT LISTED FOR SALE

540 N May Unit 2074 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $255,000 - $301,376

3 Beds
2 Baths
1,359 Sq Ft
1980 Built

Sale Details

Date Sold: February 14, 2023

Last sale price $305,000 $224 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,914 / mo

10 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Eat-In Kitchen
  • Community Pool
  • Balcony
  • Property is near bus stop

About This Home

As of February 2023

This newly remodeled 3 bedroom 2 bath home is in a prime location walking distance to the Chicago Cubs Spring Training Fields! Enjoy your privacy with this split floor-plan layout and large master suite. The open floor plan is great for enjoying time with family and friends. Every window has custom plantation shutters ideal for sleeping in, or your lock and leave home. The wood plank flooring throughout the entire condo contrasts the freshly painted walls perfectly. This location borders Tempe and is close to Tempe Marketplace shopping as well as ASU Campus. The huge oversized patio has 2 separate entry doors from a bedroom and living room. From the patio, enjoy fantastic sunset views. The community has 2 community pools and 3 tennis courts for your enjoyment.

Last Agent to Sell the Property

Andrew Gregg

West USA Realty License #SA658242000 Listed on: 01/06/2023

West USA Realty

Last Buyer's Agent

Karen Bach

Redfin Corporation License #SA696970000

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $476

Year Built

  • Built in 1980

HOA Fees

  • $327 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,359 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • 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

  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 2074
  • Assessor Parcel Number 135-37-487

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Los Racimos Association, Phone Number (480) 649-2017
  • Built by US Home Corp
  • Los Racimos Phase 1 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$476

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

HOA Fees

$327 per month

Listing Details

  • Cross Street: Dobson and University Drive
  • Legal Info Range: 5E
  • 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: 326.55
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2022
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: LOS RACIMOS PHASE 1
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 224.43
  • Association Fees:HOA Fee2: 326.55
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1359.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Laundry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile, 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
  • Attached Garage: No
  • Carport 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 Spa, Community Pool, Near Bus Stop, Community Laundry, Tennis Court(s), Biking/Walking Path
  • Association Fee: 326.55
  • 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 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 _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • 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: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, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cecil Shamley 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: 133.0
  • Parcel #: 135-37-487

Building Info

  • Builder Name: US Home Corp

Tax Info

  • Tax Annual Amount: 476.0
  • Tax Book Number: 135.00
  • Tax Lot: 2074
  • 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
Jan 6, 2023
Closed on
Feb 10, 2023
Sold by
Bought by
Seller's Agent
Andrew Gregg
West USA Realty
Buyer's Agent
Karen Bach
Redfin Corporation
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Views
131
Current Estimated Value
$281,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,906
Avg. Annual Appreciation
-2.30%
Original Mortgage
$274,500
Outstanding Balance
$263,292
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$17,802

Purchase Details

Closed on
Feb 11, 2021
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
$108,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2018
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2017
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
$111,200
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2012
Sold by
Bought by

Purchase Details

Closed on
May 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 2007
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
$305,000 American Title Service Agency
-- American Title Company
-- Accommodation
$139,000 Old Republic Title Agency
$35,500 First American Title Ins Co
-- None Available
-- Chicago Title Insurance Co
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
Open $274,500
Previous Owner $108,000
Previous Owner $111,200
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
02/14/2023 02/14/23 Sold $305,000 0.0% $224 / Sq Ft
01/13/2023 01/13/23 Price Changed $305,000 +2.0% $224 / Sq Ft
01/03/2023 01/03/23 For Sale $299,000 -- $220 / 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 $534 $6,050
2024 $494 $5,762
2023 $494 $20,000 $4,000 $16,000
2022 $476 $16,410 $3,280 $13,130
2021 $502 $14,470 $2,890 $11,580
2020 $484 $13,030 $2,600 $10,430
2019 $480 $11,570 $2,310 $9,260
2018 $460 $9,470 $1,890 $7,580
2017 $447 $8,380 $1,670 $6,710
2016 $524 $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: 6503369

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-487

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