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Sold for $175,000
  • $175,000

    540 N MAY Street #1109, Mesa, AZ 85201

    2beds
    891sqft
    Condominium
    Built in 1980
    -- sqft lot
    $174,900 Zestimate®
    $196/sqft
    $1,300 Estimated rent

    Home value

    $174,900

    $161,000 - $191,000

    $1,300/mo

    Zestimate® history
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    What's special

    Two generously sized bedrooms
    Immaculate and move-in ready, this stylish 2-bed, 1-bath condo offers effortless living in a highly desirable Mesa location. Enjoy a bright, open layout with updated finishes, plush carpet, tile flooring, neutral tones, and a striking wood accent wall. The well-equipped kitchen provides ample storage and workspace, while the oversized patio doors let in natural light and serene sunrise views. Inside laundry, abundant storage, and no neighbors below add comfort and convenience. Walk to Sloan Park and Riverview Park, with quick access to ASU, Tempe Marketplace, major freeways, and Sky Harbor. Community features pools, clubhouse, trails, and more--ideal for a vibrant, low-maintenance lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Kent 480-459-7258,

    RE/MAX Fine Properties,

    Christopher C Reeves 480-374-9196,

    RE/MAX Fine Properties

    Bought with:

    Kinh C DeMaree, SA690827000

    eXp Realty

    Source: ARMLS,MLS#: 6973261MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 180
    • Dimensions: 12.00 x 15.00
    Bedroom 2
    • Level: First
    • Area: 120
    • Dimensions: 12.00 x 10.00
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
    • Laundry: Inside
    Features
    • High Speed Internet, 9+ Flat Ceilings, No Interior Steps, Laminate Counters
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: Two Common Walls,Neighbor Above
    Interior area
    • Total structure area: 891
    • Total interior livable area: 891 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned
    • Carport spaces: 1
    Features
    • Stories: 3
    • Patio & porch: Covered
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 919 Square Feet
    • Features: Desert Back
    Details
    • Parcel number: 13537778

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Built-Up
    Condition
    • Year built: 1980
    Details
    • Builder name: US Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Near Bus Stop, Biking/Walking Path
    • Subdivision: LOS RACIMOS PHASE 2
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $328 monthly
    • HOA name: Los Racimos
    • HOA phone: 480-649-2017
    Location
    • Region: Mesa

    Financial & listing details

    • Price per square foot: $196/sqft
    • Tax assessed value: $186,500
    • Annual tax amount: $417
    • Date on market: 2/5/2026
    • Cumulative days on market: 94 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    5/8/2026Sold$175,000$196/sqft
    Source: ARMLS #6973261 Report a problem
    5/1/2026Pending sale$175,000$196/sqft
    Source: ARMLS #6973261 Report a problem
    3/28/2026Price change$175,000-10.3%$196/sqft
    Source: ARMLS #6973261 Report a problem
    3/23/2026Listed for sale$195,000$219/sqft
    Source: ARMLS #6973261 Report a problem
    3/20/2026Pending sale$195,000$219/sqft
    Source: ARMLS #6973261 Report a problem
    3/20/2026Listed for sale$195,000$219/sqft
    Source: ARMLS #6973261 Report a problem
    3/18/2026Pending sale$195,000$219/sqft
    Source: ARMLS #6973261 Report a problem
    2/26/2026Price change$195,000-2.5%$219/sqft
    Source: ARMLS #6973261 Report a problem
    1/23/2026Listed for sale$200,000-6.9%$224/sqft
    Source: ARMLS #6973261 Report a problem
    12/7/2025Listing removed$214,900$241/sqft
    Source: ARMLS #6876786 Report a problem
    6/6/2025Listed for sale$214,900-8.6%$241/sqft
    Source: ARMLS #6876786 Report a problem
    6/1/2025Listing removed$235,000$264/sqft
    Source: ARMLS #6784570 Report a problem
    4/30/2025Price change$235,000-5.9%$264/sqft
    Source: ARMLS #6784570 Report a problem
    11/15/2024Listed for sale$249,777$280/sqft
    Source: ARMLS #6784570 Report a problem
    7/7/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/30/2023Listed for rent$1,350-10%$2/sqft
    Source: Zillow Rentals Report a problem
    1/11/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    1/11/2022Price change$1,500+24%$2/sqft
    Source: Zillow Rental Network Premium Report a problem
    1/2/2022Listed for rent$1,210+21.6%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    12/2/2020Listing removed$995$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    11/25/2020Price change$995-9.5%$1/sqft
    Source: Rentals America Report a problem
    11/11/2020Price change$1,099-0.1%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    9/15/2020Price change$1,100-6.4%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    9/1/2020Listed for rent$1,175+42.4%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    4/21/2017Listing removed$825$1/sqft
    Source: Rentals America Report a problem
    4/14/2017Listed for rent$825$1/sqft
    Source: Rentals America Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$415 +7%$18,650 -6.1%
    2024$388 +0.4%$19,860 +444.7%
    2023$387 +2.8%$3,646 -71.1%
    2022$376 -0.1%$12,610 +15.2%
    2021$376 +1.1%$10,950 +13.2%
    2020$372 +3.9%$9,670 +16.2%
    2019$358 $8,320 +90%
    2018$358 +2.8%$4,380
    2017$349 +20.2%$4,380 -20.5%
    2016$290 -10%$5,510 +25.8%
    2015$322 $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 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
    $174,900
    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
    $174,900