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For sale
  • $225,000

    540 N MAY -- #1081, Mesa, AZ 85201

    2beds
    1,031sqft
    : 
    $1,833/mo
    Get pre-qualified
    Condominium
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $218/sqft
    $389/mo HOA

    What's special

    Custom tile flooring throughout
    A convenient location to call your home. possible investment opportunity. An open and bright split floor plan with 2 spacious bedrooms and 2 full bathrooms, with custom tile flooring throughout. Resort style community amenities, including multiple pools, relaxing spas, and scenic walking and biking paths. Just minutes from Sloan Park (home of Chicago Cub Cubs Spring Training), Mesa Riverview, Tempe Marketplace, ASU, Riverwalk, golf courses, restaurants, etc. Comfort, convenience, and an unbeatable location.
    5 days
    99
    6

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Terry Gerson 480-861-0040,

    Bud Gragg and Associates Real Estate, LLC

    Source: ARMLS,MLS#: 7102376MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom
      • Level: First
      • Area: 210
      • Dimensions: 15.00 x 14.00
      Bedroom 2
      • Level: First
      • Area: 210
      • Dimensions: 15.00 x 14.00
      Heating
      • Heat Pump
      Cooling
      • Heat Pump, Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Washer, Refrigerator, Dishwasher, Electric Range, Electric Oven, Built-In Electric Oven
      Features
      • Full Bth Master Bdrm, Laminate Counters
      • Flooring: Tile
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,031
      • Total interior livable area: 1,031 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Carport spaces: 1
      Features
      • Stories: 2
      • Patio & porch: Covered
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Back Yard,Block
      Lot
      • Size: 1,165 Square Feet
      • Features: North/South Exposure, Gravel/Stone Back
      Details
      • Parcel number: 13537465

      Construction

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

      Utilities & green energy

      • Electric: 220 Volts in Kitchen
      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Pool, Biking/Walking Path
      • Subdivision: LOS RACIMOS PHASE 1
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $389 monthly
      • HOA name: Los Racimos
      • HOA phone: 480-649-2017
      Location
      • Region: Mesa

      Financial & listing details

      • Price per square foot: $218/sqft
      • Tax assessed value: $208,500
      • Annual tax amount: $423
      • Date on market: 11/4/2026
      • Listing terms: Conventional
      • Ownership: Condominium
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/4/2026Listed for sale$225,000+164.7%$218/sqft
        Source: ARMLS #7102376 Report a problem
        6/28/2013Sold$85,000$82/sqft
        Source: ARMLS #4912665 Report a problem
        5/21/2013Price change$85,000-2.2%$82/sqft
        Source: Realty One Group #4912665 Report a problem
        5/3/2013Price change$86,900-3.3%$84/sqft
        Source: Realty One Group #4912665 Report a problem
        4/1/2013Listed for sale$89,900+34.2%$87/sqft
        Source: Realty One Group #4912665 Report a problem
        2/12/2013Sold$67,000+257.9%$65/sqft
        Source: Public Record Report a problem
        2/12/2003Sold$18,722-58.4%$18/sqft
        Source: Public Record Report a problem
        11/3/1998Sold$45,000$44/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$420 +7.8%$20,850 -7%
        2024$390 +0.3%$22,420 +416.1%
        2023$389 +3.1%$4,344 -69.5%
        2022$377 -1.6%$14,260 +14.5%
        2021$383 +1%$12,450 +13%
        2020$380 +4.3%$11,020 +14.2%
        2019$364 $9,650 +25.8%
        2018$364 +2.9%$7,670 +13.5%
        2017$354 +2.3%$6,760 +4.3%
        2016$345 -10.1%$6,480 +23.9%
        2015$384 $5,230 +41.4%
        2014-- $3,700 +48%
        2013-- $2,500 -24.2%
        2012-- $3,300 -23.3%
        2011-- $4,300 -47.6%
        2010-- $8,200 -22.6%
        2009-- $10,600 -5.8%
        2008-- $11,250 +38%
        2007-- $8,150 +34.7%
        2006-- $6,050
        2005-- $6,050 +14.2%
        2004-- $5,300
        2003-- $5,300 +24.7%
        2002-- $4,250
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Los Racimos

        Getting around

        43 / 100
        Car-Dependent
        50 / 100
        Good Transit
        70 / 100
        Very Bikeable

        Nearby schools

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