NOT LISTED FOR SALE

540 N May Unit 2125 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $211,000 - $227,000

2 Beds
1 Bath
855 Sq Ft
1980 Built

Sale Details

Date Sold: June 7, 2022

Last sale price $275,000 $322 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $1,412 / mo

3 Days on Market

Highlights

  • Unit is on the top floor
  • Property is near public transit and bus stop
  • Covered Patio or Porch
  • Clubhouse
  • Community Pool
  • Balcony

About This Home

As of June 2022

Resort living in this beautiful 2 bedroom, 1 bathroom condo at Los Racimos. Open floor plan with wood-look floors, plenty of natural light, , North facing patio and short walk to the pool. Charming Kitchen with grey cabinets and Stainless Steel Appliance plus breakfast bar. Large Owner bedroom with ample closet. Second bedroom with direct patio access. Relax on the extra large patio with beautiful views of the courtyard area. Enjoy the community pools, walking paths and recreation center. Minutes to Riverwalk, Cubs Stadium, Tempe Marketplace, Mesa Riverview, Loop 101 & 202, shopping, dining, golf, entertainment and more. Close to Tempe and Tempe Town Lake and Sky Harbor Airport. Short drive to Papago Park, Phoenix Zoo, Desert Botanical and Old Town Scottsdale.

Last Agent to Sell the Property

David Rogers

Diligence Realty License #BR540039000 Listed on: 05/06/2022

Last Buyer's Agent

Shelby George

Realty ONE Group License #SA677946000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $334

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Grass Covered Lot

HOA Fees

  • $227 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 855 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Parking Permit Required
  • Assigned Parking
  • Community Parking Structure

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Unit is on the top floor
  • Property is near public transit and bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2125
  • Assessor Parcel Number 135-37-806

Community Details

Overview

  • Association fees include insurance, sewer, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Preferred Communitie Association, Phone Number (480) 649-2017
  • Built by Racimos
  • Los Racimos Phase 2 A Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$334

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

HOA Fees

$227 per month

Listing Details

  • Cross Street: Rio Salado Pkwy & Dobson Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 227.0
  • 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: 2021
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: LOS RACIMOS PHASE 2-A
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 321.63
  • Association Fees:HOA Fee2: 227.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, No Interior Steps, Pantry, High Speed Internet, Laminate Counters
  • Living Area: 855.0
  • Stories: 3
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Storage
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Community Structure, Permit Required
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 227.0
  • 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: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:HOA Management Company: Preferred Communitie
  • Association Fees:HOA Management Phone: 480-649-2017
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: 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: Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior

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: 99.0
  • Parcel #: 135-37-806
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Racimos

Tax Info

  • Tax Annual Amount: 334.0
  • Tax Book Number: 135.00
  • Tax Lot: 2125
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
May 23, 2022
Sold by
Susan Wieczorek
Bought by
Aide Melissa Renea
Seller's Agent
David Rogers
Diligence Realty
Buyer's Agent
Shelby George
Realty ONE Group
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$217,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,141
Avg. Annual Appreciation
-5.77%
Original Mortgage
$253,000
Outstanding Balance
$240,345
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
-$22,486

Purchase Details

Listed on
Jul 4, 2020
Closed on
Aug 26, 2020
Sold by
Sph Property Two Llc
Bought by
Wieczprel Susan
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
David Rogers
Diligence Realty
List Price
$170,900
Sold Price
$168,900
Premium/Discount to List
-$2,000
-1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.71%

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jun 25, 2020
Sold by
Davidson Douglas
Bought by
Sph Property Two Llc
Seller's Agent
Renata Luzhoxsie
West USA Realty
Buyer's Agent
George Laughton
My Home Group Real Estate
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.14%
Source: Public Records
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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
Aide Melissa Renea $275,000 American Title Services
Wieczprel Susan $168,990 None Available
Sph Property Two Llc $155,000 Zillow Closing Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aide Melissa Renea $253,000
Closed Aide Melissa Renea $22,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2022 06/07/22 Sold $275,000 0.0% $322 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $275,000 +62.8% $322 / Sq Ft
08/31/2020 08/31/20 Sold $168,900 -1.2% $198 / Sq Ft View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $170,900 +10.3% $200 / Sq Ft
06/26/2020 06/26/20 Sold $155,000 -3.1% $181 / Sq Ft View Prior Sale
06/12/2020 06/12/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $160,000 -- $187 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6393890

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-806

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