$234,000
$25K PRICE DROP

540 N May Unit 3102C Mesa, AZ 85201

Riverview Neighborhood

Estimated payment $1,671/month

Total Views 6,295
2 Beds
2 Baths
1,031 Sq Ft
$227 Price per Sq Ft

Highlights

  • Unit is on the top floor
  • Contemporary Architecture
  • Fenced Community Pool
  • Clubhouse
  • Great Room
  • Balcony

About This Home

This lovely 2-bedroom condo embodies convenience and comfort. Take advantage of low down (FHA) and no down (VA) financing available, easy lender qualify! Perfect opportunity for ASU students, winter visitors, & first time home buyers. Condo features tile flooring, neutral tones, sliding patio doors that open to a large balcony, and ceiling fans thruout. Dining room adjacent to the kitchen. Kitchen has matching appliances, new stove/hood/ dishwasher, recessed lighting, oak cabinets. Sizable primary bedroom has its own balcony access, walk-in closet, refinished bathtubs. Dual pane windows, New dryer, water heater, blinds, & security door. Owner resurfaced & painted the patio/balcony floors. Close to ASU, Tempe Marketplace/Mesa Riverview shopping & Cubs spring training (Sloan Park).

Listing Agent

Stephen Weber

Peak PM LLC License #BR038638000 Listed on: 01/15/2026

Peak PM LLC

Co-Listing Agent

Carol Weber

Peak PM LLC License #SA517469000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $497

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • East or West Exposure
  • Grass Covered Lot

HOA Fees

  • $388 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,031 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Kitchen Updated in 2025
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Floors Updated in 2025
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom Updated in 2025
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 3102
  • Assessor Parcel Number 135-37-596

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Fenced Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$497

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

HOA Fees

$388 per month

Listing Details

  • Cross Street: N Dobson Rd and W University Dr
  • Property Type: Residential
  • Ownership: Condominium
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 388.0
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2025
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2025
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2025
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2025
  • Property Sub Type: Apartment
  • Horses: No
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: peak02
  • Co List Office Phone: 480-775-5159
  • Subdivision Name: LOS RACIMOS PHASE 1
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 226.96
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Range, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Breakfast Bar, Laminate Counters, High Speed Internet, No Interior Steps
  • Living Area: 1031.0
  • Stories: 3
  • Window Features: Dual Pane

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: East/West Exposure, Gravel/Stone Front, Grass Front
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: All on One Level, 2+ Common Walls, Neighbor Below, Courtyard Facing
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned Parking
  • Attached Garage: No
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 388.0
  • Association Fee Frequency: Monthly
  • Association Name: Los Racimos
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Special Assessment Frequency: Annually
  • Association Fees:Payment Start Date: 2026-01-01
  • Association Fees:Payment End Date: 2026-03-31

Fee Information

  • Association Fee Includes: Maintenance Exterior, Roof Replacement, Insurance, Water, Sewer, Trash, Pest Control, Front Yard Maint, Maintenance Grounds

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: 100.0
  • Parcel #: 135-37-596

Building Info

  • Builder Name: US Home Corp

Tax Info

  • Tax Annual Amount: 497.0
  • Tax Book Number: 135.0
  • Tax Lot: 3102
  • Tax Map Number: 37.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $497 $4,789 -- --
2024 $463 $4,561 -- --
2023 $463 $17,430 $3,480 $13,950
2022 $448 $14,260 $2,850 $11,410
2021 $463 $12,450 $2,490 $9,960
2020 $512 $11,020 $2,200 $8,820
2019 $380 $9,650 $1,930 $7,720
2018 $364 $7,670 $1,530 $6,140
2017 $354 $6,760 $1,350 $5,410
2016 $355 $6,480 $1,290 $5,190
2015 $345 $5,230 $1,040 $4,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2026 03/18/26 Price Changed $234,000 -2.5% $227 / Sq Ft
03/05/2026 03/05/26 Price Changed $239,900 -3.7% $233 / Sq Ft
02/14/2026 02/14/26 Price Changed $249,000 -3.9% $242 / Sq Ft
01/15/2026 01/15/26 For Sale $259,000 -- $251 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6969397

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-596

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