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Sold for $249,000
  • $249,000

    540 N MAY Street #1102, Mesa, AZ 85201

    2beds
    2baths
    1,031sqft
    Apartment
    Built in 1980
    -- sqft lot
    $248,000 Zestimate®
    $242/sqft
    $1,517 Estimated rent

    Home value

    $248,000

    $226,000 - $270,000

    $1,517/mo

    Zestimate® history
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    What's special

    This rare ground-floor, end-unit condo features a split floorplan with 2 bedrooms and 2 bathrooms. It includes an indoor laundry area, ample storage space, and a large patio with two additional storage closets. The unit is conveniently located near the community pool, recreation center, and sports court. The complex offers several pools, a variety of amenities, and walking paths throughout. You'll be within walking distance to the Cubs' spring training facility, ASU, Old Town Scottsdale, the Phoenix Zoo, Desert Botanical Garden, the Riverwalk, and Tempe Marketplace, which offers great shopping, dining, and entertainment. Additionally, you'll have easy access to Phoenix Sky Harbor Airport and major freeways, making this an ideal location for both convenience and leisure.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian L Duncan 480-242-1679,

    Barrett Real Estate

    Bought with:

    Brian L Duncan, SA672328000

    Barrett Real Estate

    Yvonne Cameron, SA710370000

    Barrett Real Estate

    Source: ARMLS,MLS#: 6794049MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
    • Laundry: Inside
    Features
    • High Speed Internet, Granite Counters, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm
    • Flooring: Carpet, Tile
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,031
    • Total interior livable area: 1,031 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned
    • Carport spaces: 2
    Features
    • Stories: 3
    • Patio & porch: Covered, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 87 Square Feet
    • Features: None, East/West Exposure, Synthetic Grass Back
    Details
    • Parcel number: 13537582

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Contemporary
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Built-Up
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Near Bus Stop, Tennis Court(s), Biking/Walking Path
    • Subdivision: LOS RACIMOS PHASE 1
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $389 monthly
    • HOA name: Los Racimos
    • HOA phone: 480-649-2017
    Location
    • Region: Mesa

    Financial & listing details

    • Price per square foot: $242/sqft
    • Tax assessed value: $208,500
    • Annual tax amount: $392
    • Date on market: 4/19/2025
    • Cumulative days on market: 341 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/17/2025Sold$249,000-7.8%$242/sqft
    Source: ARMLS #6794049 Report a problem
    9/3/2025Price change$270,000-3.6%$262/sqft
    Source: ARMLS #6794049 Report a problem
    6/12/2025Price change$280,000-5.1%$272/sqft
    Source: ARMLS #6794049 Report a problem
    5/6/2025Price change$295,000-1.6%$286/sqft
    Source: ARMLS #6794049 Report a problem
    2/19/2025Price change$299,9000%$291/sqft
    Source: ARMLS #6794049 Report a problem
    12/13/2024Listed for sale$300,000+17.6%$291/sqft
    Source: ARMLS #6794049 Report a problem
    6/30/2022Sold$255,000-1.5%$247/sqft
    Source: ARMLS #6397559 Report a problem
    6/6/2022Pending sale$259,000$251/sqft
    Source: ARMLS #6397559 Report a problem
    5/28/2022Price change$259,000-3.7%$251/sqft
    Source: ARMLS #6397559 Report a problem
    5/19/2022Price change$269,000-6.9%$261/sqft
    Source: ARMLS #6397559 Report a problem
    5/12/2022Price change$289,000-2.4%$280/sqft
    Source: ARMLS #6397559 Report a problem
    4/20/2022Listed for sale$295,990+802.4%$287/sqft
    Source: Owner Report a problem
    10/5/2011Sold$32,800-44.4%$32/sqft
    Source: Public Record Report a problem
    9/4/2010Listing removed$59,000$57/sqft
    Source: Keller Williams #4282805 Report a problem
    1/5/2010Listed for sale$59,000-58.6%$57/sqft
    Source: Keller Williams #4282805 Report a problem
    11/30/2005Sold$142,500+185%$138/sqft
    Source: Public Record Report a problem
    5/11/1999Sold$50,000+22%$48/sqft
    Source: Public Record Report a problem
    6/20/1997Sold$41,000$40/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 -13.2%$4,344 -69.5%
    2022$448 -0.1%$14,260 +14.5%
    2021$448 +1.1%$12,450 +13%
    2020$444 -9.3%$11,020 +14.2%
    2019$489 $9,650 +25.8%
    2018$489 +38.3%$7,670 +13.5%
    2017$354 +2.3%$6,760 +4.3%
    2016$345 -10.1%$6,480 +23.9%
    2015$384 $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 -5.8%
    2008-- $11,250 +38%
    2007-- $8,150 +34.7%
    2006-- $6,050
    2005-- $6,050 +14.2%
    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: 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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    Estimated market value
    $248,000
    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
    $248,000