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.
For sale
Price cut: $1K (9/2)
$199,000
540 N MAY -- #1075, Mesa, AZ 85201
1beds
687sqft
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
- 37 days
- 299
- 31
Zillow last checked:
Listing updated:
Listed by:
Debbie Kimball 602-318-1819,
My Home Group Real Estate
Source: ARMLS,MLS#: 7060299

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
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $199,000-0.5%$290/sqft |
Source: | ||
| 7/30/2026 | Listed for sale | $200,000-2.7%$291/sqft |
Source: | ||
| 5/28/2025 | Sold | $205,500-4.4%$299/sqft |
Source: | ||
| 4/9/2025 | Listed for sale | $215,000+877.3%$313/sqft |
Source: | ||
| 8/4/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/23/2021 | Listed for rent | $1,175+34.3%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/22/2018 | Listing removed | $875$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/18/2018 | Listed for rent | $875-16.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/8/2017 | Listing removed | $1,050+10.5%$2/sqft |
Source: On Q Property Management #5531945 Report a problem | ||
| 8/2/2016 | Listing removed | $950+36.7%$1/sqft |
Source: Owner Report a problem | ||
| 1/19/2016 | Listing removed | $695$1/sqft |
Source: Red Brick Realty, LLC #5359171 Report a problem | ||
| 1/17/2016 | Listed for rent | $695$1/sqft |
Source: Red Brick Realty, LLC #5359171 Report a problem | ||
| 12/12/2015 | Listing removed | $695$1/sqft |
Source: Red Brick Realty, LLC #5359171 Report a problem | ||
| 12/11/2015 | Listed for rent | $695+3%$1/sqft |
Source: Red Brick Realty, LLC #5359171 Report a problem | ||
| 9/16/2015 | Listing removed | $675$1/sqft |
Source: Owner Report a problem | ||
| 9/12/2015 | Listed for rent | $675-15.6%$1/sqft |
Source: Owner Report a problem | ||
| 7/20/2014 | Listing removed | $800$1/sqft |
Source: Riverview Investment Prop #5118801 Report a problem | ||
| 7/10/2014 | Price change | $800-5.9%$1/sqft |
Source: Riverview Investment Prop #5118801 Report a problem | ||
| 6/17/2014 | Listed for rent | $850$1/sqft |
Source: Riverview Investment Prop #5118801 Report a problem | ||
| 2/16/2010 | Sold | $22,000-18.5%$32/sqft |
Source: | ||
| 10/26/2009 | Price change | $27,000-10%$39/sqft |
Source: foreclosure.com Report a problem | ||
| 9/19/2009 | Listed for sale | $30,000-40.1%$44/sqft |
Source: foreclosure.com Report a problem | ||
| 7/30/2009 | Sold | $50,093-5.5%$73/sqft |
Source: Public Record Report a problem | ||
| 11/3/2004 | Sold | $53,000+103.8%$77/sqft |
Source: Public Record Report a problem | ||
| 11/25/1996 | Sold | $26,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Los Racimos
Nearby schools
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.







