540 N MAY 1081, Mesa, AZ 85201

$225,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,031 Lot Size (sq. ft.): 1,165 Status: Active

Current Price: $225,000 Last Modified: 11/04/2026

Overview

Description

A convenient location to call your home. possible investment opportunity. An open and bright split floor plan with 2 spacious bedrooms and 2 full bathrooms, with custom tile flooring throughout. Resort style community amenities, including multiple pools, relaxing spas, and scenic walking and biking paths. Just minutes from Sloan Park (home of Chicago Cub Cubs Spring Training), Mesa Riverview, Tempe Marketplace, ASU, Riverwalk, golf courses, restaurants, etc. Comfort, convenience, and an unbeatable location.

Listing Details MLS# 7102376

Location, Tax & Legal

House Number: 540
Compass: N
Street Name: MAY
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 4401
Country: US
County Code: Maricopa
Assessor Number: 135-37-465
Subdivision: LOS RACIMOS PHASE 1
Tax Year: 2025
Unit #: 1081
Building Number: Yes
Assessor's Map #: 37
Legal Description (Abbrev): LOT 1081 LOS RACIMOS PHASE 1 MCR 021324
Assessor's Parcel #: 465
Tax Municipality: Mesa
Taxes: 423

Contract Information

Type: Exclusive Right To Sell
Ownership: Condominium
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Apartment
Dwelling Styles: Attached
Exterior Stories: 2
# of Interior Levels: Yes
# Bedrooms: 2
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1031
Price/SqFt: 218.23
Horses: N
Builder Name: US HOME CORP
Year Built: 1980
Approx Lot SqFt: 1165
Approx Lot Acres: 0.027
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Planned Comm Name: LOS RACIMOS
Marketing Name: LOS RACIMOS
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Flora Thew Elementary School
Jr. High School: Connolly Middle School
High School: McClintock High School
Half Bathrooms: 0

Remarks Misc

Cross Street: University Dr & Dobson Rd
Directions: West to May, North to complex. On west side of street.

Legal Info

Township: 1N
Range: 5E
Section: 18
Lot Number: 1081

Basement

Basement Y/N: N

More Information

Parking Spaces

Carport Spaces: Yes
Total Covered Spaces: Yes
Slab Parking Spaces: 0

Showing Notification Methods

Showing Service: No Showing Service Used
Phone Call: Yes

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Other: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: No
HOA Transfer Fee: 0
HOA Fee: 388.58
HOA Paid Frequency: Monthly
HOA Name: Los Racimos
HOA Telephone: 480-649-2017
Special Assessment HOA: Yes
Special Assessment Amount Owed: 56
Special Assessment Frequency: Monthly
Payment Start Date: 2026-01-01
Payment End Date: 2026-12-31
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 500
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 0
Disclosure Fees HOA: 400
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 388.58

Lockbox Type

Supra: Yes

Architecture

Contemporary: Yes

Building Style

Clustered: Yes

Master Bathroom

Full Bth Master Bdrm: Yes

Flooring

Tile: Yes

Community Features

Biking/Walking Path: Yes
Clubhouse/Rec Room: Yes

Dining Area

Formal: Yes

Heating

Heat Pump: Yes

Kitchen Features

220 Volts in Kitchen: Yes
Built-In Electric Oven: Yes
Dishwasher: Yes
Electric Oven: Yes
Electric Range: Yes
Laminate Counters: Yes
Refrigerator: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Heat Pump: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes

Other Rooms

Family Room: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Back Yard: Yes
Block: Yes

Water Source

City Water: Yes

Community Pool Features

Cabana: Yes

Exterior Features

Covered Patio(s): Yes

Spa

Heated: Yes

Sewer

Sewer - Public: Yes

New Financing

Conventional: Yes

Plumbing

Electric Hot Wtr Htr: Yes

Utilities

SRP: Yes

Existing 1st Loan

FHA: Yes

Property Description

North/South Exposure: Yes

Landscaping

Gravel/Stone Back: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Common Area Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes

Property Features

Special Listing Cond: N/A Architecture: Contemporary Building Style: Clustered Master Bathroom: Full Bth Master Bdrm Flooring: Tile Community Pool Features: Cabana Spa: Heated Community Features: Biking/Walking Path; Clubhouse/Rec Room Dining Area: Formal Kitchen Features: Built-In Electric Oven; 220 Volts in Kitchen; Electric Oven; Electric Range; Dishwasher; Refrigerator; Laminate Counters Laundry: Washer Included; Dryer Included Other Rooms: Family Room Exterior Features: Covered Patio(s) Construction: Wood Frame Const - Finish: Stucco Roofing: Other Cooling: Central Air; Ceiling Fan(s); Heat Pump Heating: Heat Pump Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Back Yard; Block Property Description: North/South Exposure Landscaping: Gravel/Stone Back Showing Notification Methods: Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: FHA New Financing: Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Room Information

Room Name	Length	Width	Level
Bedroom	15.00	14.00	First
Bedroom 2	15.00	14.00	First

Listing Office: Bud Gragg and Associates Real Estate, LLC

Office Phone: 480-861-0040

Office Email: realtorbud@yahoo.com

Last Updated: November - 04 - 2026