$235,000
SOLD JUN 18, 2025

540 N May Unit 2151 Mesa, AZ 85201

Riverview Neighborhood
2 Beds
2 Baths
988 Sq Ft
$389/mo HOA Fee

Recently Sold

$238 Per Sq Ft

19% Below List Price

112 Days on Market

Highlights

  • Unit is on the top floor
  • Furnished
  • Balcony
  • End Unit
  • Community Pool
  • Breakfast Bar

About This Home

As of June 2025

This beautifully maintained 2-bed, 2-bath apartment unit offers a bright and airy living space in a pet-friendly, prime location—ideal as both a residential home or investment property. The unit features vinyl flooring throughout and a private balcony. The primary bedroom is thoughtfully designed with a split layout, a walk-in closet, and a full bath. Plus, the home is fully furnished making it an easy move-in! Enjoy the many amenities of this vibrant community, including pools, tennis courts, a dog park, BBQ areas, and a clubhouse. Additional perks include on-site RV parking and two assigned parking spaces. Located near the Light Rail, Tempe Marketplace, Mesa Riverview shopping malls, Arizona State University, Cubs Park, and Mesa Community College.

Last Agent to Sell the Property

George Laughton

My Home Group Real Estate License #SA579470000 Listed on: 02/19/2025

My Home Group Real Estate

Co-Listed By

Zoi Colter

My Home Group Real Estate License #SA701500000

Last Buyer's Agent

Ruth Hansen

Realty ONE Group License #BR109572000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $398

Year Built

  • Built in 1983

HOA Fees

  • $389 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 988 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan

Kitchen

  • Kitchen Updated in 2022
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Floors Updated in 2021
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2025
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Unit is on the top floor
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling System Updated in 2021
  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Tax Lot 2151
  • Assessor Parcel Number 135-37-871

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Preferred Community Association, Phone Number (480) 649-2017
  • Built by BEAZER HOMES
  • Los Racimos Phase 2B Amd 2C & 2D Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$398

Year Built

Built in 1983

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Cross Street: Dobson & Rio Salado
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 388.58
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2025
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2021
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2022
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: East on University; North on Evergreen; Right into Los Racimos (2nd driveway); park in unmarked space - to Bldg #12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: LOS RACIMOS PHASE 2B AMD 2C & 2D
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 388.58
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, Furnished(See Rmrks), Full Bth Master Bdrm
  • Living Area: 988.0
  • Stories: 3
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

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), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop
  • Association Fee: 388.58
  • 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:HOA Telephone4: 480-649-2017
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Preferred Community
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, 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: 1038.0
  • Parcel #: 135-37-871

Building Info

  • Builder Name: BEAZER HOMES

Tax Info

  • Tax Annual Amount: 398.0
  • Tax Book Number: 135.00
  • Tax Lot: 2151
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Jun 17, 2025
Sold by
Hagar Coleman L and Sterchi Devyn
Bought by
Derizemlya Lyudmila
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Ruth Hansen
Realty ONE Group
List Price
$290,000
Sold Price
$235,000
Premium/Discount to List
-$55,000
-18.97%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-57.74%

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 6, 2021
Sold by
Marcoux Adam
Bought by
Hagar Coleman L and Sterchi Devyn
Seller's Agent
Mary Jo Santistevan
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Alyson Titcomb
Alyson Titcomb & Company
List Price
$230,000
Sold Price
$237,000
Premium/Discount to List
$7,000
3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Original Mortgage
$222,300
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jun 18, 2019
Sold by
Almassy Adrein R
Bought by
Marcoux Adam
Seller's Agent
Mary Jo Santistevan
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Mary Jo Santistevan
SERHANT.
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.77%
Original Mortgage
$150,350
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2011
Sold by
Parrinella Tony and Parrinella Sue
Bought by
Almassy Adrein R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 7, 2011
Sold by
Fannie Mae
Bought by
Parrinella Tony and Parrinella Sue

Purchase Details

Closed on
Apr 29, 2010
Sold by
Phh Mortgage Corporation
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 22, 2010
Sold by
Phh Mortgage Corporation
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2007
Sold by
Kuhbander Matthew and Sowerwine Tawnya
Bought by
Kotcher Timothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.93%
Mortgage Type
VA

Purchase Details

Closed on
Jul 31, 2003
Sold by
Pristine Properties Llc
Bought by
Kuhbander Matthew and Sowerwine Tawnya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,350
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1998
Sold by
Bothell Floyd and Bothell Barbara
Bought by
Alcira Lynne Robert James and Alcira Lynne
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 Type Sale Price Title Company
Warranty Deed $235,000 Navi Title Agency
Warranty Deed $237,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $155,000 First American Title Ins Co
Warranty Deed $52,000 Old Republic Title Agency
Cash Sale Deed $23,900 Old Republic Title Agency
Special Warranty Deed -- Accommodation
Trustee Deed $99,538 Accommodation
Special Warranty Deed -- Accommodation
Trustee Deed $99,538 None Available
Warranty Deed $125,000 First American Title Ins Co
Warranty Deed $73,000 Century Title Agency Inc
Cash Sale Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $222,300 New Conventional
Previous Owner $150,350 New Conventional
Previous Owner $46,800 Seller Take Back
Previous Owner $118,750 VA
Previous Owner $70,500 Unknown
Previous Owner $28,500 Credit Line Revolving
Previous Owner $69,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $235,000 +17.5% $238 / Sq Ft
06/06/2025 06/06/25 Price Changed $200,000 -20.0% $202 / Sq Ft
05/14/2025 05/14/25 Price Changed $250,000 -5.7% $253 / Sq Ft
04/15/2025 04/15/25 Price Changed $265,000 -5.4% $268 / Sq Ft
03/05/2025 03/05/25 Price Changed $280,000 -3.4% $283 / Sq Ft
02/19/2025 02/19/25 For Sale $290,000 +22.4% $294 / Sq Ft
08/10/2021 08/10/21 Sold $237,000 +3.0% $230 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $230,000 +48.4% $223 / Sq Ft
07/17/2019 07/17/19 Sold $155,000 0.0% $150 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $155,000 -- $150 / 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 $398 $4,866 -- --
2024 $397 $4,634 -- --
2023 $397 $17,670 $3,530 $14,140
2022 $383 $14,470 $2,890 $11,580
2021 $404 $12,560 $2,510 $10,050
2020 $389 $11,080 $2,210 $8,870
2019 $386 $9,680 $1,930 $7,750
2018 $370 $7,650 $1,530 $6,120
2017 $359 $6,800 $1,360 $5,440
2016 $360 $6,430 $1,280 $5,150
2015 $351 $5,210 $1,040 $4,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6823020

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-871