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Sold for $253,000
  • $253,000

    540 N MAY -- #1053, Mesa, AZ 85201

    2beds
    1baths
    855sqft
    Condominium
    Built in 1980
    -- sqft lot
    $217,800 Zestimate®
    $296/sqft
    $1,275 Estimated rent

    Home value

    $217,800

    $205,000 - $231,000

    $1,275/mo

    Zestimate® history
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    What's special

    Welcome to Los Racimos, where this charming ground-floor condo unit awaits you! Discover a well-maintained interior showcasing neutral paint and tasteful flooring - tile & laminate in all the right places. If entertaining is on your mind, you'll love the desirable great room paired with sliding doors to the back! The kitchen boasts SS appliances, granite counters, designer tile backsplash, and white shaker cabinets. Both bedrooms are perfectly sized, with one offering patio access. Check out the back-covered patio, an ideal spot to relax after a busy day! Attached to it are the storage closets, adding extra convenience. Let's not forget the assigned parking spot and plenty of visitor parking spaces! Enjoy the nearby Community pool! Excellent location close to everything you need. Act now! Perfect location close to ASU, Tempe Marketplace and Sloan Park. New A/C unit was installed last year!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff S Setlow,

    eXp Realty

    Bought with:

    Taylor LaRosa, SA686157000

    NORTH&CO.

    Source: ARMLS,MLS#: 6704738MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • High Speed Internet, Granite Counters, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps
    • Flooring: Laminate, Tile
    • Has basement: No
    • Common walls with other units/homes: Two Common Walls,Neighbor Above
    Interior area
    • Total structure area: 855
    • Total interior livable area: 855 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Stories: 3
    • Patio & porch: Covered
    • Exterior features: Storage
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 921 Square Feet
    • Features: Gravel/Stone Back
    Details
    • Parcel number: 13537539

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Reflective Coating
    Condition
    • Year built: 1980
    Details
    • Builder name: US Home Corp

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Near Bus Stop
    • Subdivision: LOS RACIMOS PHASE 1
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $273 monthly
    • HOA name: Los Racimos
    • HOA phone: 480-759-4945
    Location
    • Region: Mesa

    Financial & listing details

    • Price per square foot: $296/sqft
    • Tax assessed value: $186,500
    • Annual tax amount: $388
    • Date on market: 11/23/2025
    • Cumulative days on market: 3 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/11/2024Sold$253,000+1.2%$296/sqft
    Source: ARMLS #6704738 Report a problem
    5/17/2024Pending sale$250,000$292/sqft
    Source: ARMLS #6704738 Report a problem
    5/14/2024Listed for sale$250,000+92.3%$292/sqft
    Source: ARMLS #6704738 Report a problem
    1/25/2018Sold$130,000$152/sqft
    Source: ARMLS #5700868 Report a problem
    1/18/2018Pending sale$130,000$152/sqft
    Source: HomeSmart #5700868 Report a problem
    1/15/2018Listed for sale$130,000$152/sqft
    Source: HomeSmart #5700868 Report a problem
    1/15/2018Pending sale$130,000$152/sqft
    Source: HomeSmart #5700868 Report a problem
    12/21/2017Listed for sale$130,000+430.6%$152/sqft
    Source: HomeSmart #5700868 Report a problem
    2/9/2012Sold$24,500$29/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$353 +7.8%$18,650 -6.1%
    2024$327 -15.4%$19,860 +444.7%
    2023$387 +2.8%$3,646 -71.1%
    2022$376 +16.9%$12,610 +15.2%
    2021$322 +1%$10,950 +13.2%
    2020$319 +4.3%$9,670 +16.2%
    2019$305 $8,320 +26.8%
    2018$305 -12.4%$6,560 +14.1%
    2017$349 +3.6%$5,750 +4.4%
    2016$337 -7.9%$5,510 +25.8%
    2015$366 $4,380 +41.3%
    2014-- $3,100 +47.6%
    2013-- $2,100 -25%
    2012-- $2,800 -26.3%
    2011-- $3,800 -47.6%
    2010-- $7,250 -23.3%
    2009-- $9,450 -5%
    2008-- $9,950 +38.2%
    2007-- $7,200 +33.3%
    2006-- $5,400
    2005-- $5,400 +18.7%
    2004-- $4,550
    2003-- $4,550 +30%
    2002-- $3,500
    Find assessor info on the county website

    Neighborhood: Los Racimos

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Curry Elementary School
    • Middle: Connolly Middle School
    • High: McClintock High School
    • District: Tempe Elementary School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $217,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $217,800