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For sale
  • Price cut: $1K (9/2)
    $199,000

    540 N MAY -- #1075, Mesa, AZ 85201

    1beds
    687sqft
    : 
    $1,597/mo
    Get pre-qualified
    Condominium
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $290/sqft
    $305/mo HOA

    What's special

    Two shared poolsMove-in readyPrivate patioFully renovated condoUpdated easy-care condoSmall clubhouse
    Lock-and-leave living just got easier. This fully renovated condo is the perfect starter home or low-maintenance second property, and it is truly move-in ready. There is no carpet anywhere inside, so cleanup is a breeze and it shows beautifully. The washer, dryer, and refrigerator all stay, and both the AC and water heater were replaced within the last year, so the big-ticket items are already taken care of for you. Step outside to your own private patio, which connects directly to your covered parking space. There is even a keyed patio door right off the patio, so carrying in groceries takes seconds instead of a walk around the building. The HOA here is investing in the community too. New roofs are done, the parking lot is getting repaved, buildings are being repainted, and fresh turf fresh turf is going in throughout the complex, and they just resurfaced both pools-so you are buying in at a great time. You'll also love the community itself. There are two shared pools to cool off in, a small clubhouse, and sidewalks that are almost always busy with neighbors out walking their dogs. It's a friendly, active place to call home. Location is a huge win. You are minutes from downtown Tempe, Scottsdale, and anywhere else in the East Valley thanks to quick access to the 101 and 202. Baseball fans can walk to Cubs spring training at Sloan Park, and Mesa Riverview is just around the corner with plenty of great restaurants and shopping. This spot is also a smart pick for Mesa Community College students who want to stay close to campus without giving up style or convenience. If you have been searching for an updated, easy-care condo in one of the best-connected locations in the Valley, this is the one to see.
    37 days
    299
    31

    Zillow last checked:

    Listing updated:

    Listed by:

    Debbie Kimball 602-318-1819,

    My Home Group Real Estate

    Source: ARMLS,MLS#: 7060299MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop
      • Laundry: Inside
      Features
      • Non-laminate Counter
      • Flooring: Vinyl
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 687
      • Total interior livable area: 687 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      • Carport spaces: 2
      Features
      • Stories: 1
      • Spa features: None
      • Fencing: See Remarks,Other
      Lot
      • Size: 71 Square Feet
      • Features: None
      Details
      • Parcel number: 13537481

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Wood Frame
      • Roof: Built-Up
      Condition
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool, Near Bus Stop
      • Subdivision: LOS RACIMOS PHASE 1
      HOA
      • Has HOA: Yes
      • Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Other (See Remarks), Trash, Water, Roof Replacement, Maintenance Exterior
      • HOA fee: $305 monthly
      • HOA name: Los Racimos
      • HOA phone: 480-649-2017
      Location
      • Region: Mesa

      Financial & listing details

      • Price per square foot: $290/sqft
      • Tax assessed value: $168,200
      • Annual tax amount: $295
      • Date on market: 7/30/2026
      • Cumulative days on market: 37 days
      • Listing terms: Cash,Conventional,FHA
      • Ownership: Condominium

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/2/2026Price change$199,000-0.5%$290/sqft
        Source: ARMLS #7060299 Report a problem
        7/30/2026Listed for sale$200,000-2.7%$291/sqft
        Source: ARMLS #7060299 Report a problem
        5/28/2025Sold$205,500-4.4%$299/sqft
        Source: ARMLS #6848950 Report a problem
        4/9/2025Listed for sale$215,000+877.3%$313/sqft
        Source: ARMLS #6848950 Report a problem
        8/4/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        7/23/2021Listed for rent$1,175+34.3%$2/sqft
        Source: Zillow Rental Manager Report a problem
        12/22/2018Listing removed$875$1/sqft
        Source: Zillow Rental Manager Report a problem
        12/18/2018Listed for rent$875-16.7%$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/8/2017Listing removed$1,050+10.5%$2/sqft
        Source: On Q Property Management #5531945 Report a problem
        8/2/2016Listing removed$950+36.7%$1/sqft
        Source: Owner Report a problem
        1/19/2016Listing removed$695$1/sqft
        Source: Red Brick Realty, LLC #5359171 Report a problem
        1/17/2016Listed for rent$695$1/sqft
        Source: Red Brick Realty, LLC #5359171 Report a problem
        12/12/2015Listing removed$695$1/sqft
        Source: Red Brick Realty, LLC #5359171 Report a problem
        12/11/2015Listed for rent$695+3%$1/sqft
        Source: Red Brick Realty, LLC #5359171 Report a problem
        9/16/2015Listing removed$675$1/sqft
        Source: Owner Report a problem
        9/12/2015Listed for rent$675-15.6%$1/sqft
        Source: Owner Report a problem
        7/20/2014Listing removed$800$1/sqft
        Source: Riverview Investment Prop #5118801 Report a problem
        7/10/2014Price change$800-5.9%$1/sqft
        Source: Riverview Investment Prop #5118801 Report a problem
        6/17/2014Listed for rent$850$1/sqft
        Source: Riverview Investment Prop #5118801 Report a problem
        2/16/2010Sold$22,000-18.5%$32/sqft
        Source: ARMLS #4257869 Report a problem
        10/26/2009Price change$27,000-10%$39/sqft
        Source: foreclosure.com Report a problem
        9/19/2009Listed for sale$30,000-40.1%$44/sqft
        Source: foreclosure.com Report a problem
        7/30/2009Sold$50,093-5.5%$73/sqft
        Source: Public Record Report a problem
        11/3/2004Sold$53,000+103.8%$77/sqft
        Source: Public Record Report a problem
        11/25/1996Sold$26,000$38/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$293 -9.2%$16,820 -6.2%
        2024$323 +0.4%$17,930 +491.9%
        2023$321 +2.8%$3,029 -73.1%
        2022$312 -0.1%$11,280 +16%
        2021$313 +1.1%$9,720 +14.9%
        2020$309 +3.9%$8,460 +17.3%
        2019$298 $7,210 +29.9%
        2018$298 +2.8%$5,550 +14.4%
        2017$290 +3.6%$4,850 +4.8%
        2016$280 -7.7%$4,630 +27.5%
        2015$303 $3,630 +41.8%
        2014-- $2,560 +46.3%
        2013-- $1,750 -25.5%
        2012-- $2,350 -25.4%
        2011-- $3,150 -42.7%
        2010-- $5,500 -23.1%
        2009-- $7,150 -14.4%
        2008-- $8,350 +39.2%
        2007-- $6,000 +26.3%
        2006-- $4,750
        2005-- $4,750 +21.8%
        2004-- $3,900
        2003-- $3,900 +36.8%
        2002-- $2,850
        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: Broadmor Elementary School
        • Middle: Connolly Middle School
        • High: Tempe 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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