NOT LISTED FOR SALE

540 N May Unit 3100 Mesa, AZ 85201

Riverview Neighborhood

Estimated Value: $216,857 - $242,000

2 Beds
1 Bath
891 Sq Ft
$158/mo HOA Fee

Last Sold November 06, 2013

Last sale price $64,900 $73 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $1,371/month

92 Days on Market

Highlights

  • Unit is on the top floor
  • Property is near public transit
  • Tennis Courts
  • Clubhouse
  • Heated Community Pool
  • Balcony

About This Home

As of November 2013

Charming 2 bedroom 1 bath condo in Mesa on Tempe border. The location is easily accessible to the 101, 202, 60 and 10. Open floor plan with spacious living area with a kitchen and dining room that are great for entertaining! Freshly painted. Move in ready. Community pools, tennis courts, barbeques, elevators, dog runs and assigned parking with one covered parking space. Great starter home or investment property. Don't let this one get away!

Last Agent to Sell the Property

Jennifer Amundson

Russ Lyon Sotheby's International Realty License #SA530209000 Listed on: 07/22/2013

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Julie-Anne Helms

Coldwell Banker Realty License #SA628311000

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $298

Year Built

  • Built in 1980

Lot Details

  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 891 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a 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

  • Legal Lot and Block 3100 / 2018
  • Assessor Parcel Number 135-37-594

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Red Mountain Mtg Association, Phone Number (480) 641-6300
  • Los Racimos Phase One Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$298

Year Built

Built in 1980

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Cross Street: Dobson & University
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 157.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1980
  • Tax Year: 2012
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: LOS RACIMOS PHASE ONE
  • Architectural Style: Other (See Remarks)
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 157.5
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: Other (See Remarks), None
  • Fireplace: No
  • Interior Amenities: Elevator, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 891.0
  • Stories: 3
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Other (See Remarks)14: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: 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: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Tennis Court(s), Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 157.5
  • Association Fee Frequency: Monthly
  • Association Name: Red Mountain Mtg
  • Phone: 480-641-6300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Red Mountain Mtg
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • 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, Street Maint, Front Yard 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: 90.0
  • Parcel #: 135-37-594
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 297.88
  • Tax Block: 2018
  • Tax Book Number: 135.00
  • Tax Lot: 3100
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2020
Sold by
Hadziahmetovic Dzemila
Bought by
Hadziahmetovic Armin
Current Estimated Value
$224,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Outstanding Balance
$69,775
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$155,189

Purchase Details

Listed on
Jul 22, 2013
Closed on
Oct 23, 2013
Sold by
Lowe Wayne
Bought by
Hadziahmetovic Armin and Hadziahmetovic Dzemila
Seller's Agent
Jennifer Amundson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Julie-Anne Helms
Coldwell Banker Realty
List Price
$64,000
Sold Price
$64,900
Premium/Discount to List
$900
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$50,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2003
Sold by
Hud
Bought by
Lowe Wayne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,992
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2003
Sold by
Weller Janine
Bought by
Lowe Wayne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,992
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2002
Sold by
Cendant Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Sep 19, 2002
Sold by
Chern Glen B
Bought by
Cendant Mtg Corp

Purchase Details

Closed on
Mar 2, 2000
Sold by
Chudey Raymond M and Chudey Patricia J
Bought by
Chern Glen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,255
Interest Rate
8.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 1998
Sold by
Mack Thomas E
Bought by
Chudey Raymond M and Chudey Patricia J

Purchase Details

Closed on
Oct 22, 1998
Sold by
Mack Judy L
Bought by
Mack Thomas E
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 Buyer Sale Price Title Company
Hadziahmetovic Armin -- Great American Title Agency
Hadziahmetovic Armin $64,900 First American Title Ins Co
Lowe Wayne W -- First Southwestern Title
Lowe Wayne W -- First Southwestern Title
Hud -- Security Title Agency
Cendant Mtg Corp $55,321 Security Title Agency
Chern Glen B $52,900 Transnation Title Insurance
Chudey Raymond M $42,000 Stewart Title & Trust
Mack Thomas E -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadziahmetovic Armin $101,000
Closed Hadziahmetovic Armin $50,000
Previous Owner Lowe Wayne W $51,992
Previous Owner Lowe Wayne W $51,992
Previous Owner Chern Glen B $50,255
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2013 11/06/13 Sold $64,900 +1.4% $73 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $64,000 0.0% $72 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
09/19/2013 09/19/13 Price Changed $64,000 -7.2% $72 / Sq Ft
09/06/2013 09/06/13 Price Changed $69,000 -1.4% $77 / Sq Ft
09/05/2013 09/05/13 Price Changed $70,000 -6.7% $79 / Sq Ft
07/22/2013 07/22/13 For Sale $75,000 -- $84 / 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 $417 $4,019 -- --
2024 $388 $3,828 -- --
2023 $388 $15,550 $3,110 $12,440
2022 $376 $12,610 $2,520 $10,090
2021 $389 $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

  • J

    Seller's Agent in 2013

    Jennifer Amundson

    Russ Lyon Sotheby's International Realty

    (602) 722-9139

    6 Total Sales

    Jennifer Amundson
    Section Image

  • J

    Buyer's Agent in 2013

    Julie-Anne Helms

    Coldwell Banker Realty

    (623) 256-1990

    44 Total Sales

    Julie-Anne Helms
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4972004

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-594

Arizona Maricopa County Mesa 85201 Riverview

540 N May Unit 3100, 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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