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Sold for $243,000
  • $243,000

    540 N May St, Mesa, AZ 85201

    2beds
    2baths
    988sqft
    MultiFamily
    Built in 1981
    -- sqft lot
    $220,600 Zestimate®
    $246/sqft
    $1,544 Estimated rent

    Home value

    $220,600

    $196,000 - $249,000

    $1,544/mo

    Zestimate® history
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    $1,794/mo

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    What's special

    AVAIL 5/1- Borderline Mesa/Tempe 2 Bedroom, 2 Bathroom 3rd floor condo. No need to worry about being on the 3rd floor as this community has elevator access. Split floorplan allowing privacy of both bedrooms and offers an open living space, kitchen and dining room. All tile flooring, ceiling fans and grey walls throughout is highly desirable. Newer stainless steel appliances, gooseneck faucet and updated white cabinetry. Master bedroom has private bathroom, walk in closet and access door to the balcony. Second bedroom is very spacious with 1 wall of closet space and 2nd bathroom down the hall. Tons of storage space including laundry room with stackable washer/dryer and shelving, linen closet and 2 balcony storage rooms. 2 community pools, tennis court, 1 reserved covered parking and 1 uncovered reserved parking. Close to ASU, 101 and 202 freeway, Sloan Park (Official Cubs Training Facility), Banner Desert Medical Center, Tempe Marketplace , Riverview Park. and Mesa Country Club. Pets upon owner approval, 2 small max (cats/dogs 35lbs) and $300 nonrefundable pet fee. Tenant pays electric (SRP). MOVE IN FEES: Full months rent $1300, security deposit $1300, admin fee $150. Sorry NO evictions/rent collections, good credit, income 3x rent. (add 4% tax/processing to monthly rent totaling $1352 mo.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 988 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    Features
    • Exterior features: Stucco
    Lot
    • Size: 96 Acres
    Details
    • Parcel number: 13537856

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1981

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $320 monthly
    Location
    • Region: Mesa

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $209,200
    • Annual tax amount: $419

    Price history

    DateEventPrice
    8/15/2024Sold$243,000-1.5%$246/sqft
    Source: Public Record Report a problem
    1/11/2024Sold$246,700+95.8%$250/sqft
    Source: Public Record Report a problem
    3/20/2020Listing removed$1,300$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    3/12/2020Listed for rent$1,300$1/sqft
    Source: Renters Warehouse Report a problem
    5/3/2019Sold$126,000+9.6%$128/sqft
    Source: HomeSmart Intl Solds #5909070_85201_2147 Report a problem
    11/29/2018Sold$115,000-4.2%$116/sqft
    Source: HomeSmart Intl Solds #5830848_85201_1083 Report a problem
    3/29/2017Sold$120,000+50%$121/sqft
    Source: Public Record Report a problem
    4/23/2015Sold$80,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$419 -9.2%$20,920 -7%
    2024$462 +0.4%$22,500 +418.9%
    2023$460 +2.8%$4,336 -69.7%
    2022$447 -0.1%$14,320 +15.2%
    2021$448 -11.5%$12,430 +13.3%
    2020$506 +39.3%$10,970 +14.5%
    2019$363 $9,580 +26.4%
    2018$363 +2.9%$7,580 +13%
    2017$353 -11.8%$6,710 +4.7%
    2016$400 +4.5%$6,410 +23.7%
    2015$383 $5,180 +40.8%
    2014-- $3,680 +47.2%
    2013-- $2,500 -24.2%
    2012-- $3,300 -22.4%
    2011-- $4,250 -47.9%
    2010-- $8,150 -21.6%
    2009-- $10,400 -5.9%
    2008-- $11,050 +39%
    2007-- $7,950 +35.9%
    2006-- $5,850
    2005-- $5,850 +8.3%
    2004-- $5,400
    2003-- $5,400 +20%
    2002-- $4,500
    Find assessor info on the county website

    Neighborhood: Los Racimos

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $220,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $220,600