NOT LISTED FOR SALE

540 N May Unit 2147 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $181,986 - $211,000

1 Bed
1 Bath
638 Sq Ft
$150/mo HOA Fee

Last Sold June 07, 2021

Last sale price $173,000 $271 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,186/month

9 Days on Market

Highlights

  • Unit is on the top floor
  • Tennis Courts
  • No Interior Steps
  • Contemporary Architecture
  • Covered Patio or Porch
  • Hard or Low Nap Flooring

About This Home

As of June 2021

Great location near the Cubs training facility, Tempe Town Lake, Tempe Marketplace and Mesa Riverview. If you like to be close to the action, this is the place. This 1 bedroom, 1 Bath condo offers a nice layout that is easy to maintain, Washer, Dryer, all appliances, tile and laminate flooring. Enjoy the beautiful Arizona out doors from your generous patio with access from both the family and bedroom. Endless opportunities for this one!

Last Agent to Sell the Property

Will Dietz

Engel & Voelkers Scottsdale License #BR042091000 Listed on: 04/30/2021

Engel & Voelkers Scottsdale

Last Buyer's Agent

David Specht

Good Oak Real Estate License #SA691359000

Good Oak Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $311

Year Built

  • Built in 1983

HOA Fees

  • $150 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Common or Shared Parking
  • Assigned Parking
  • Unassigned Parking

Accessible Home Design

  • No Interior Steps
  • Stepless Entry
  • Hard or Low Nap Flooring

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Flora Thew Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • Two or More Common Walls
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 2147
  • Assessor Parcel Number 135-37-867

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, (see remarks), trash, water
  • Los Racimos Association, Phone Number (480) 649-2017
  • High-Rise Condominium
  • Built by US Home Corp
  • Los Racimos Phase 2B Amd 2C & 2D Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$311

Year Built

Built in 1983

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Cross Street: W. Rio Salado & N. Evergreen Rd
  • 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: 150.23
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2020
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: LOS RACIMOS PHASE 2B AMD 2C & 2D
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 150.23
  • Cooling:Ceiling Fan(s): Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Hard/Low Nap Floors
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, No Interior Steps, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 638.0
  • Stories: 3
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail, Vicinity of an Airport
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Unassigned, Assigned, Common
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Common: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • 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: Tennis Court(s), Biking/Walking Path
  • Association Fee: 150.23
  • 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: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:Roof Repair: 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:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Other (See Remarks), Trash, Water

Schools

  • Elementary School: Flora Thew 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: 64.0
  • Parcel #: 135-37-867

Building Info

  • Builder Name: US Home Corp

Tax Info

  • Tax Annual Amount: 311.0
  • Tax Book Number: 135.00
  • Tax Lot: 2147
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 31, 2021
Sold by
Xia Haining and Cao Jie
Bought by
Allen Zachary
Seller's Agent
Will Dietz
Engel & Voelkers Scottsdale
Buyer's Agent
David Specht
Good Oak Real Estate
List Price
$165,000
Sold Price
$173,000
Premium/Discount to List
$8,000
4.85%
Current Estimated Value
$193,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,247
Avg. Annual Appreciation
2.55%
Original Mortgage
$160,050
Outstanding Balance
$144,905
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$48,342

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 1, 2019
Sold by
Richard W Ruedemann and Richard Zohreh Ruedemann
Bought by
Idaho Aca Haining and Cao Jie
Seller's Agent
Janelle Pietrocarlo-Caskie
HomeSmart
Buyer's Agent
Michael Spignor
My Home Group Real Estate
List Price
$129,900
Sold Price
$126,000
Premium/Discount to List
-$3,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.29%

Purchase Details

Closed on
Jun 18, 2008
Sold by
Ruedemann Zohreh and Ekhlassi Hossein
Bought by
Ruedemann Richard W and Ruedemann Zohreh

Purchase Details

Closed on
Feb 14, 2006
Sold by
Landrum Troy
Bought by
Ruedemann Zohreh and Ekhlassi Hossein

Purchase Details

Closed on
Oct 18, 2005
Sold by
Landrum Adriana
Bought by
Landrum Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 18, 1996
Sold by
Tilley Percy C and Tilley Evelyn A
Bought by
Wojnarowski Thomas and Wojnarowski Angie

Purchase Details

Closed on
Mar 18, 1995
Sold by
Bays Donald R and Bays Joan D
Bought by
Tilley Percy C and Tilley Evelyn A
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Allen Zachary $170,000 Grand Canyon Title Agency
Idaho Aca Haining $126,000 First American Title Ins Co
Ruedemann Richard W -- None Available
Ruedemann Zohreh $93,000 Capital Title Agency Inc
Landrum Troy -- Old Republic Title Agency
Landrum Troy $80,000 Old Republic Title Agency
Wojnarowski Thomas -- --
Tilley Percy C $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Zachary $160,050
Previous Owner Landrum Troy $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2021 06/07/21 Sold $173,000 +4.8% $271 / Sq Ft
04/30/2021 04/30/21 For Sale $165,000 +31.0% $259 / Sq Ft
05/03/2019 05/03/19 Sold $126,000 -3.0% $197 / Sq Ft View Prior Sale
04/10/2019 04/10/19 For Sale $129,900 -- $204 / 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 $293 $3,322 -- --
2024 $271 $3,164 -- --
2023 $271 $13,910 $2,780 $11,130
2022 $262 $11,270 $2,250 $9,020
2021 $276 $9,630 $1,920 $7,710
2020 $311 $8,360 $1,670 $6,690
2019 $308 $7,080 $1,410 $5,670
2018 $296 $5,400 $1,080 $4,320
2017 $288 $4,760 $950 $3,810
2016 $288 $4,480 $890 $3,590
2015 $278 $3,510 $700 $2,810
Source: Public Records

Agents Affiliated with this Home

  • Will Dietz

    Seller's Agent in 2021

    Will Dietz

    Engel & Voelkers Scottsdale

    (480) 825-2811

    1 in this area

    33 Total Sales

    Will Dietz
    Section Image

  • D

    Buyer's Agent in 2021

    David Specht

    Good Oak Real Estate

    (480) 699-4598

    1 in this area

    56 Total Sales

    David Specht
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Spignor

    My Home Group

    Section Image
  • Tony Tramontozzi

    Buyer Co-Listing Agent in 2019

    Tony Tramontozzi

    My Home Group

    (602) 610-3927

    183 Total Sales

    Tony Tramontozzi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6230299

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-867

Arizona Maricopa County Mesa 85201 Riverview

540 N May Unit 2147, 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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