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Sold for $265,000
  • $265,000

    540 N MAY -- #3055, Mesa, AZ 85201

    2beds
    2baths
    1,031sqft
    Apartment
    Built in 1980
    -- sqft lot
    $240,200 Zestimate®
    $257/sqft
    $1,548 Estimated rent

    Home value

    $240,200

    $226,000 - $252,000

    $1,548/mo

    Zestimate® history
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    What's special

    Welcome to urban chic in this newly remodeled 1,031 square feet condo. Featuring two bedrooms and two bathrooms. Step into the inviting great room perfect for relaxing or entertaining guests. The breakfast bar adds a modern touch to the space. Throughout the home, modern fixtures enhance the contemporary aesthetic. New plush carpeting provide comfort. The kitchen boasts new stainless steel appliances and upgraded countertops. The spacious primary suite is a peaceful retreat, featuring an ensuite bathroom, a walk-in closet, and a separate bedroom exit to the large balcony. Community has tennis courts and a wonderful pool. A perfect place to call home. Minutes to ASU, Tempe Marketplace, dining, entertainment, airport, freeway and Old Town Scottsdale. Come check this one out!

    Zillow last checked:

    Listing updated:

    Listed by:

    Elmon Krupnik 623-606-3089,

    Keller Williams Realty East Valley,

    Kristin A Ray 623-606-3089,

    Keller Williams Realty East Valley

    Bought with:

    David Morones, SA116016000

    My Home Group Real Estate

    Source: ARMLS,MLS#: 6684513MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • Breakfast Bar, Full Bth Master Bdrm
    • Flooring: Carpet, Tile
    • Has basement: No
    • Common walls with other units/homes: Two Common Walls,Neighbor Below
    Interior area
    • Total structure area: 1,031
    • Total interior livable area: 1,031 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Stories: 3
    • Exterior features: Balcony, Tennis Court(s)
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 107 Square Feet
    Details
    • Parcel number: 13537555
    • Special conditions: Owner/Agent

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Community Spa, Near Bus Stop, Tennis Court(s), Biking/Walking Path
    • Subdivision: LOS RACIMOS PHASE 1
    HOA
    • Has HOA: Yes
    • Services included: Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Maintenance Exterior
    • HOA fee: $324 monthly
    • HOA name: Los Racimos
    • HOA phone: 480-649-2017
    Location
    • Region: Mesa

    Financial & listing details

    • Price per square foot: $257/sqft
    • Tax assessed value: $208,500
    • Annual tax amount: $391
    • Date on market: 10/10/2025
    • Cumulative days on market: 46 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/14/2024Sold$265,000-7%$257/sqft
    Source: ARMLS #6684513 Report a problem
    5/15/2024Pending sale$285,000$276/sqft
    Source: ARMLS #6684513 Report a problem
    5/4/2024Price change$285,000-1.7%$276/sqft
    Source: ARMLS #6684513 Report a problem
    4/11/2024Price change$289,9000%$281/sqft
    Source: ARMLS #6684513 Report a problem
    3/30/2024Listed for sale$290,000+33%$281/sqft
    Source: ARMLS #6684513 Report a problem
    2/5/2024Sold$218,000-10.7%$211/sqft
    Source: ARMLS #6600968 Report a problem
    1/19/2024Price change$244,000-2.4%$237/sqft
    Source: ARMLS #6600968 Report a problem
    1/10/2024Listed for sale$249,999-7.4%$242/sqft
    Source: ARMLS #6600968 Report a problem
    12/19/2023Contingent$269,998$262/sqft
    Source: ARMLS #6600968 Report a problem
    10/31/2023Listed for sale$269,998$262/sqft
    Source: ARMLS #6600968 Report a problem
    10/12/2023Listing removed$269,998$262/sqft
    Source: ARMLS #6600968 Report a problem
    9/8/2023Price change$269,998-1.8%$262/sqft
    Source: ARMLS #6600968 Report a problem
    9/6/2023Listed for sale$275,000+115.7%$267/sqft
    Source: ARMLS #6600968 Report a problem
    6/21/2017Sold$127,500+165.6%$124/sqft
    Source: Public Record Report a problem
    11/4/1997Sold$48,000+4.3%$47/sqft
    Source: Public Record Report a problem
    5/29/1996Sold$46,000+9.5%$45/sqft
    Source: Public Record Report a problem
    4/11/1994Sold$42,000$41/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 -12.4%$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 -3.6%
    2008-- $11,000 +38.4%
    2007-- $7,950 +39.5%
    2006-- $5,700
    2005-- $5,700 +7.5%
    2004-- $5,300
    2003-- $5,300 +24.7%
    2002-- $4,250
    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: Collier Elementary School
    • High: La Joya Community 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
    $240,200
    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
    $240,200