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Sold for $264,000
  • $264,000

    540 N MAY -- #3118, Mesa, AZ 85201

    2beds
    2baths
    1,031sqft
    Condominium
    Built in 1980
    -- sqft lot
    $236,500 Zestimate®
    $256/sqft
    $1,575 Estimated rent

    Home value

    $236,500

    $222,000 - $251,000

    $1,575/mo

    Zestimate® history
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    What's special

    TASTEFULLY UPDATED! Comfort meets convenience in this charming 2-bed, 2-bath end unit near the pool with elevator access. Come inside to discover a semi-open layout paired with wood plank LVP in common areas, fresh paint, and sliding doors to the large balcony. The kitchen boasts new stainless-steel appliances, a pantry, white cabinetry, and a 2-tiered peninsula. Excellent split floor plan for added privacy! The main bedroom stands out with a full bath, walk-in closet and balcony access. This gem also comes with a new Trane HVAC and water heater. Enjoy the views relaxing on your cozy balcony, where you will also find 2 storage rooms! Don't miss the Community pools and spacious grounds. Great location near ASU, Tempe Marketplace, Cubs spring training stadium, and freeways. Move-in ready!

    Zillow last checked:

    Listing updated:

    Listed by:

    David Ewell 480-220-3001,

    American Associates

    Bought with:

    William Carter, BR106298000

    Real Broker

    Source: ARMLS,MLS#: 6669599MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • Full Bth Master Bdrm, Laminate Counters
    • Flooring: Carpet, Vinyl
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall,End Unit
    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
    • Pool features: None
    • Spa features: None
    • Fencing: None
    Lot
    • Size: 115 Square Feet
    • Features: Grass Front, Grass Back
    Details
    • Parcel number: 13537835

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
    • Subdivision: LOS RACIMOS PHASE 2-A
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, 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: $256/sqft
    • Tax assessed value: $208,500
    • Annual tax amount: $463
    • Date on market: 3/4/2024
    • Cumulative days on market: 31 days
    • Listing terms: Cash,FannieMae (HomePath),Conventional,FHA,VA Loan
    • Ownership: Condominium

    Price history

    DateEventPrice
    5/9/2024Sold$264,000+1.9%$256/sqft
    Source: ARMLS #6669599 Report a problem
    4/5/2024Pending sale$259,000$251/sqft
    Source: ARMLS #6669599 Report a problem
    3/29/2024Price change$259,000-3.7%$251/sqft
    Source: ARMLS #6669599 Report a problem
    3/4/2024Listed for sale$269,000$261/sqft
    Source: ARMLS #6669599 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$420 +7.8%$20,850 -7%
    2024$390 -15.4%$22,420 +416.1%
    2023$461 +2.8%$4,344 -69.5%
    2022$448 -0.1%$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 -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: 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
    $236,500
    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
    $236,500