$126,000
SOLD JUN 28, 2018

540 N May Unit O3117 Mesa, AZ 85201

Riverview Neighborhood
2 Beds
1 Bath
855 Sq Ft
871 Sq Ft Lot

Recently Sold

$147 Per Sq Ft

13% Below List Price

52 Days on Market

Highlights

  • Transportation Service
  • Clubhouse
  • Heated Community Pool
  • RV Parking in Community
  • Property is near public transit
  • Balcony

About This Home

As of June 2018

LOCATION LOCATION LOCATION

Nearly new AC UNIT Newer appliances, plumbing fixtures, mirrored closet doors and stack washer/dryer are all included. Ride the elevator to this spacious 2 Bedroom, 1 Bath 3rd floor home in a GREAT LOCATION. Take advantage of the 2 pools, tennis courts and community activities. Easy access to highways 101, 202 and 60. Walk to the Light Rail, Major Bus Lines and you're less than 3 miles from ASU, MCC, Mill Ave. Outstanding shopping and restaurants at Mesa Riverview and Tempe Marketplace. This is a great floor plan and Yes, you do have 2 assigned parking spaces for this home! ** MOVE-IN READY

Last Agent to Sell the Property

Charles Kaye

Cambridge Properties License #BR523844000 Listed on: 04/20/2018

Last Buyer's Agent

Lisa Fox

HomeSmart License #SA644211000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $297

Year Built

  • Built in 1980

Parking

  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Balcony
  • Playground

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Connolly Middle School
  • Mcclintock High School

Utilities

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

Listing and Financial Details

  • Tax Lot 3117
  • Assessor Parcel Number 135-37-834

Community Details

Overview

  • Property has a Home Owners Association
  • Los Racimos Association, Phone Number (480) 641-6300
  • Los Racimos Phase 2 A Subdivision
  • RV Parking in Community

Amenities

  • Transportation Service
  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$297

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Dobson/University
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Recreation Center Paid Frequency: Monthly
  • Total Monthly Fee Equivalent: 190.74
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2010
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2010
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2010
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2010
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2017
  • Directions: West on University to May * North to Los Racimos Community * Park on the West Side * Walk past the mailboxes and 3117 is in the building on the Right side
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.02
  • Subdivision Name: LOS RACIMOS PHASE 2-A
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 190.74
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry:Stacked WasherDryer: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, No Interior Steps, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 855.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Community Features:Transportation Svcs: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Playground, Tennis Court(s)
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Parking Features: Assigned, RV Access/Parking
  • Attached Garage: No
  • Parking Features:Assigned Parking: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Stacked Washer/Dryer
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Near Light Rail Stop, Near Bus Stop, Pool, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks), RV Parking
  • Association Fee Frequency: Monthly
  • Association Name: Los Racimos
  • Phone: 480-641-6300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 335.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Los Racimos
  • Association Fees:HOA Telephone4: 480.641.6300
  • 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
  • Association Fee Incl:Pest Control: Yes

Schools

  • Elementary School: Other
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 804.0
  • Parcel #: 135-37-834
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 297.0
  • Tax Book Number: 135.00
  • Tax Lot: 3117
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Grimes Emilie
Bought by
Condo Arizona Llc
Current Estimated Value
$213,559

Purchase Details

Closed on
Sep 20, 2018
Sold by
Grimes Emilie
Bought by
Condo Arizona Llc

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 18, 2018
Sold by
Dymalski Richard Dwight and Dymalski Kathy Jo
Bought by
Grimes Emillie
Seller's Agent
Charles Kaye
Cambridge Properties
Buyer's Agent
Lisa Fox
HomeSmart
List Price
$144,900
Sold Price
$126,000
Premium/Discount to List
-$18,900
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Dymalski Richard D and Dymalski Kathy J
Bought by
Dymalski Richard Dwight and Dymalski Kathy Jo

Purchase Details

Closed on
Apr 20, 2010
Sold by
Shrenzel Ernest
Bought by
Dymalski Richard D and Dymalski Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2009
Sold by
Fannie Mae
Bought by
Shrenzel Ernest

Purchase Details

Closed on
Jul 1, 2008
Sold by
Garrett Vanessa and Naylor James C
Bought by
Citi Mortgage Inc

Purchase Details

Closed on
Jul 18, 2002
Sold by
Myers Leah
Bought by
Garrett Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 1997
Sold by
Hubbard David C and Hubbard Carolyn K
Bought by
Myers Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,390
Interest Rate
7.16%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed $126,000 Security Title Agency Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $53,000 Equity Title Agency Inc
Cash Sale Deed $37,500 Lawyers Title Insurance Corp
Trustee Deed $110,083 First American Title
Warranty Deed $66,000 Security Title Agency
Warranty Deed $46,800 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $42,400 New Conventional
Previous Owner $104,500 Unknown
Previous Owner $79,500 Fannie Mae Freddie Mac
Previous Owner $64,900 New Conventional
Previous Owner $45,390 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $126,000 -3.0% $147 / Sq Ft
06/09/2018 06/09/18 Price Changed $129,900 -7.1% $152 / Sq Ft
04/20/2018 04/20/18 Price Changed $139,900 -3.5% $164 / Sq Ft
04/20/2018 04/20/18 For Sale $144,900 -- $169 / 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 $390 $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 $297 $5,750 $1,150 $4,600
2016 $298 $5,510 $1,100 $4,410
2015 $290 $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: 5754576

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-37-834