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For sale
  • $223,500

    540 N MAY -- #2113, Mesa, AZ 85201

    2beds
    1,031sqft
    : 
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    Apartment
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $217/sqft
    $389/mo HOA

    What's special

    Two sparkling poolsWell-appointed kitchenFresh interior paintBrand-new carpetAbundance of natural lightBeautifully landscaped xeriscape groundsShade screens
    NEW CARPET & FRESH PAINT! Lowest price per square foot in Los Racimos--an exceptional value you won't want to miss! This spacious 2-bedroom, 2-bath end-unit condo in an elevator building offers added privacy with only one shared wall and an abundance of natural light. Ideally located just minutes from Loop 101 & 202, Sloan Park (Chicago Cubs Spring Training), Riverview Park, ASU, Mesa Riverview, Tempe Marketplace, shopping, dining, and entertainment, you'll enjoy easy access to everything Mesa and Tempe have to offer. Move-in ready, the interior features fresh interior paint, brand-new carpet, upgraded lighting, tile in all the right places, and a warm, neutral color palette. The well-appointed kitchen offers ample cabinetry, built-in appliances, and a large peninsula with a breakfast bar--perfect for entertaining or everyday living. The spacious primary suite features a walk-in closet, a beautifully updated ensuite bathroom, and sliding glass doors leading to a private covered balcony with shade screens overlooking the peaceful xeriscape garden. Additional highlights include a dedicated laundry room for your washer and dryer, two exterior storage closets, generous interior storage throughout, and two reserved parking spaces (one covered and one uncovered). Residents enjoy a quiet, well-maintained community with two sparkling pools, a clubhouse, and beautifully landscaped xeriscape grounds. Whether you're looking for a full-time residence, a lock-and-leave winter retreat, or a fantastic investment opportunity, this home offers the perfect combination of comfort, convenience, and location.
    142 days
    |
    137
    |
    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Miraglia 602-647-0037,

    My Home Group Real Estate

    Source: ARMLS,MLS#: 6990306MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Refrigerator, Dishwasher, Disposal, Electric Range
      • Laundry: Inside
      Features
      • High Speed Internet, Breakfast Bar, Elevator, No Interior Steps, Full Bth Master Bdrm, Laminate Counters
      • Flooring: Carpet, Tile
      • Has basement: No
      • Has fireplace: No
      • Common walls with other units/homes: 1 Common Wall,Neighbor Below,Neighbor Above,End Unit
      Interior area
      • Total structure area: 1,031
      • Total interior livable area: 1,031 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Permit Required
      • Carport spaces: 1
      • Uncovered spaces: 1
      Accessibility
      • Accessibility features: Bath Lever Faucets
      Features
      • Stories: 3
      • Exterior features: Balcony
      • Spa features: None
      • Fencing: Partial
      • Has view: Yes
      • View description: City
      Lot
      • Size: 98 Square Feet
      • Features: Desert Back, Desert Front, Grass Front, Grass Back
      Details
      • Parcel number: 13537823

      Construction

      Type & style
      • Home type: Apartment
      • Architectural style: Spanish
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Stucco, Wood Frame, Painted
      • Roof: Tile
      Condition
      • Year built: 1980
      Details
      • Builder name: US HOME CORP

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool
      • Subdivision: LOS RACIMOS PHASE 2-A
      HOA
      • Has HOA: Yes
      • Services included: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
      • HOA fee: $389 monthly
      • HOA name: LOS RACIMOS
      • HOA phone: 480-649-2017
      Location
      • Region: Mesa

      Financial & listing details

      • Price per square foot: $217/sqft
      • Tax assessed value: $208,500
      • Annual tax amount: $423
      • Date on market: 2/24/2026
      • Cumulative days on market: 140 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/11/2026Price change$223,500-4.9%$217/sqft
        Source: ARMLS #6990306 Report a problem
        2/26/2026Listed for sale$234,900+28%$228/sqft
        Source: ARMLS #6990306 Report a problem
        10/7/2020Sold$183,500+125.2%$178/sqft
        Source: ARMLS #6121829 Report a problem
        4/30/2013Sold$81,500-2.4%$79/sqft
        Source: ARMLS #4903598 Report a problem
        11/1/2004Sold$83,500+25.6%$81/sqft
        Source: Public Record Report a problem
        12/18/2001Sold$66,500+18.8%$65/sqft
        Source: Public Record Report a problem
        10/21/1999Sold$56,000+25.1%$54/sqft
        Source: Public Record Report a problem
        6/19/1997Sold$44,750$43/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 -15.9%$14,260 +14.5%
        2021$448 +1.1%$12,450 +13%
        2020$444 +3.8%$11,020 +14.2%
        2019$427 $9,650 +25.8%
        2018$427 +2.8%$7,670 +13.5%
        2017$415 +3.6%$6,760 +4.3%
        2016$401 -8%$6,480 +23.9%
        2015$436 $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 -5.4%
        2008-- $11,200 +39.1%
        2007-- $8,050 +37.6%
        2006-- $5,850
        2005-- $5,850 +10.4%
        2004-- $5,300
        2003-- $5,300 +24.7%
        2002-- $4,250
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Los Racimos

        Getting around

        40 / 100
        Car-Dependent
        50 / 100
        Good Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cecil Shamley 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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