$159,100
SOLD JAN 7, 2021

540 N May Unit 2092 Mesa, AZ 85201

Riverview Neighborhood
2 Beds
1 Bath
855 Sq Ft
$180/mo HOA Fee

Recently Sold

$186 Per Sq Ft

9% Below List Price

90 Days on Market

Highlights

  • Unit is on the top floor
  • Community Pool
  • Tile Flooring
  • Contemporary Architecture
  • Tennis Courts
  • Central Air

About This Home

As of March 2021

Great Starter Home, Investment Property or 2nd Home. Close to Freeway, Shopping, ASU and Cubs Spring Training.
NEW INTERIOR PAINT, NEW FLOORING, NEW FIXTURES throughout. GRANITE KITCHEN COUNTERS and STAINLESS STEEL APPLIANCES. Large Living room and private covered patio.

Last Agent to Sell the Property

Tricia Bonlender

West USA Realty License #SA655383000 Listed on: 09/11/2020

West USA Realty

Last Buyer's Agent

Lisa Soltesz

Opendoor Brokerage, LLC License #BR529689000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $372

Year Built

  • Built in 1980

Lot Details

  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Kitchen Updated in 2021
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Unit is on the top floor

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

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

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Racquetball
  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$372

Year Built

Built in 1980

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Cross Street: Rio Salado and 101
  • 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: 180.0
  • Basement: N
  • Updated Floors: Full
  • Updated Kitchen: Partial
  • 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: 2019
  • Directions: exit 101 to University, north on Evergreen, East on Dartmouth, Park in Complex, Take Elevator to 2nd Floor
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: LOS RACIMOS PHASE 1
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 180.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 855.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:HandballRacquetball: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above
  • Construction Type: Stucco, Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Community Pool, Tennis Court(s), Biking/Walking Path
  • Association Fee: 180.0
  • 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: 300.0
  • 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 _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Preferred
  • Association Fees:HOA Management Phone: 4806492017
  • Association Fee Incl:Front Yard Maint: 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, Front Yard Maint, Trash, Water, Roof Replacement

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

Building Info

  • Builder Name: US Home

Tax Info

  • Tax Annual Amount: 372.0
  • 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
Current Estimated Value
$224,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,746
Avg. Annual Appreciation
6.63%
Original Mortgage
$152,250
Outstanding Balance
$138,023
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$95,738

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
12.39%

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

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 Type Sale Price Title Company
Warranty Deed $175,000 Jetclosing Inc
Warranty Deed $159,100 Os National Llc
Warranty Deed -- None Available
Cash Sale Deed $54,500 Empire West Title Agency
Warranty Deed $59,900 Equity Title Agency Inc
Joint Tenancy Deed -- Equity Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,250 New Conventional
Previous Owner $56,905 New Conventional
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: 6130705

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-566