NOT LISTED FOR SALE

540 N May Unit 2092 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $233,735

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

Last Sold March 10, 2021

Last sale price $175,000 $205 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,531/month

9 Days on Market

Highlights

  • Granite Countertops
  • Security System Owned
  • Heating Available
  • Refrigerated Cooling System
  • Carpet

About This Home

As of March 2021

This Mesa one-story home offers granite countertops. This home is vacant and cleaned regularly.

Last Agent to Sell the Property

Lisa Soltesz

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #BR529689000 Listed on: 01/15/2021

Last Buyer's Agent

Linda Cuevas

Russ Lyon Sotheby's International Realty License #SA673418000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $376

Year Built

  • Built in 1980

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Block Exterior

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Security System Owned
  • Granite Countertops
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Curry Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Los Racimos Association, Phone Number (480) 649-2017
  • Built by US Home
  • Los Racimos Phase 1 Subdivision

Listing and Financial Details

  • Tax Lot 2092
  • Assessor Parcel Number 135-37-566

Property Details

Home Type

Condominium

Est. Annual Taxes

$376

Year Built

Built in 1980

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • 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: 198.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2020
  • Attribution Contact: homes@opendoor.com
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: LOS RACIMOS PHASE 1
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 198.0
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Granite Counters
  • Living Area: 855.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Block, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • 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 Paid Frequency: Monthly
  • Association Fees:HOA Name4: Los Racimos
  • Association Fees:HOA Telephone4: 4806492017
  • 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 Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Curry 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: 92.0
  • Parcel #: 135-37-566
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: US Home

Tax Info

  • Tax Annual Amount: 376.0
  • Tax Book Number: 135.00
  • Tax Lot: 2092
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 9, 2021
Sold by
Opendoor Property Trust I
Bought by
Chang Feng Mei
Seller's Agent
Lisa Soltesz
Opendoor Brokerage, LLC
Buyer's Agent
Linda Cuevas
Russ Lyon Sotheby's International Realty
List Price
$175,000
Sold Price
$175,000
Total Days on Market
9
Current Estimated Value
$233,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,735
Avg. Annual Appreciation
7.01%
Original Mortgage
$152,250
Outstanding Balance
$138,023
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$95,712

Purchase Details

Listed on
Sep 11, 2020
Closed on
Jan 7, 2021
Sold by
Harison Funds Llc
Bought by
Opendoor Property Trust I
Seller's Agent
Tricia Bonlender
West USA Realty
Buyer's Agent
Lisa Soltesz
Opendoor Brokerage, LLC
List Price
$174,995
Sold Price
$159,100
Premium/Discount to List
-$15,895
-9.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.12%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Harison Consulting Services Llc
Bought by
Harison Funds Llc

Purchase Details

Listed on
Feb 26, 2013
Closed on
Mar 26, 2013
Sold by
Lee David K
Bought by
Harrison Consulting Services Llc
Seller's Agent
Shivani Dallas
Real Broker
Buyer's Agent
Shivani Dallas
Real Broker
List Price
$59,999
Sold Price
$54,500
Premium/Discount to List
-$5,499
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%

Purchase Details

Closed on
May 30, 2001
Sold by
Williford Robert and Williford Elizabeth M
Bought by
Lee David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,905
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2001
Sold by
Chernetsky Michael A and Chernetsky Marija
Bought by
Williford Robert A and Williford Elizabeth
Source: Public Records

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Range of Values:

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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
Chang Feng Mei $175,000 Jetclosing Inc
Opendoor Property Trust I $159,100 Os National Llc
Harison Funds Llc -- None Available
Harrison Consulting Services Llc $54,500 Empire West Title Agency
Lee David K $59,900 Equity Title Agency Inc
Williford Robert A -- Equity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Feng Mei $152,250
Previous Owner Lee David K $56,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $175,000 0.0% $205 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $175,000 +10.0% $205 / Sq Ft
01/07/2021 01/07/21 Sold $159,100 -3.6% $186 / Sq Ft
01/01/2021 01/01/21 Price Changed $165,000 0.0% $193 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $165,000 -2.4% $193 / Sq Ft
11/24/2020 11/24/20 Price Changed $169,000 -0.5% $198 / Sq Ft
11/20/2020 11/20/20 Price Changed $169,900 -0.1% $199 / Sq Ft
11/02/2020 11/02/20 Price Changed $169,990 0.0% $199 / Sq Ft
10/27/2020 10/27/20 Price Changed $169,999 0.0% $199 / Sq Ft
10/26/2020 10/26/20 Price Changed $170,000 -1.4% $199 / Sq Ft
10/19/2020 10/19/20 Price Changed $172,500 -1.4% $202 / Sq Ft
10/02/2020 10/02/20 Price Changed $174,990 0.0% $205 / Sq Ft
09/29/2020 09/29/20 For Sale $174,995 +10.0% $205 / Sq Ft
09/22/2020 09/22/20 Off Market $159,100 -- --
09/20/2020 09/20/20 Price Changed $174,995 0.0% $205 / Sq Ft
09/16/2020 09/16/20 Price Changed $174,999 0.0% $205 / Sq Ft
09/11/2020 09/11/20 For Sale $175,000 0.0% $205 / Sq Ft
11/03/2019 11/03/19 Rented $1,200 0.0% --
10/22/2019 10/22/19 For Rent $1,200 +33.3% --
08/09/2018 08/09/18 Rented $900 0.0% --
08/02/2018 08/02/18 Under Contract -- -- --
07/28/2018 07/28/18 For Rent $900 +13.2% --
05/20/2016 05/20/16 Rented $795 0.0% --
05/05/2016 05/05/16 Under Contract -- -- --
05/03/2016 05/03/16 For Rent $795 +6.7% --
10/31/2014 10/31/14 Rented $745 -9.7% --
10/13/2014 10/13/14 Under Contract -- -- --
06/15/2014 06/15/14 For Rent $825 0.0% --
03/29/2013 03/29/13 Sold $54,500 -8.4% $64 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
03/08/2013 03/08/13 Price Changed $59,500 -0.8% $70 / Sq Ft
02/26/2013 02/26/13 For Sale $59,999 -- $70 / 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 $329 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6181726

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-566