540 N MAY Street 3078, Mesa, AZ 85201

$242,000

New LVP Flooring Throughout - No Carpet!

Virtual Staging Master Bedroom - Bedroom 2

New Carpet - Screened In To Keep Pests Out

Two Storage Rooms - Two Sliding Glass Doors For Access From Living & Master

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,031 Lot Size (sq. ft.): 112 Status: Active

Current Price: $242,000 Last Modified: 7/17/2026

Overview

Description

Stunning, completely remodeled 3rd-floor condo offering low-maintenance living! HOA covers landscaping, water, sewer, trash, and exterior building maintenance. Enjoy a private balcony overlooking the common area--perfect for morning coffee or Arizona sunsets--plus two storage rooms. The turnkey interior features fresh paint, white cabinetry, quartz countertops, brand new stainless steel appliances, updated bathrooms, new flooring, modern fixtures and hardware, and a brand-new HVAC system. Full-size washer and dryer included in the spacious laundry room. Community pool and move-in ready convenience make this an exceptional opportunity! Community in the process of updating landscaping, exterior buildings and new parking lots. Conveniently located close to ASU, Cubs stadium & freeway access.

Listing Details MLS# 7055245

Location, Tax & Legal

House Number: 540
Compass: N
Street Name: MAY
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 4402
Country: US
County Code: Maricopa
Assessor Number: 135-37-498
Subdivision: LOS RACIMOS PHASE ONE MCR
Tax Year: 2025
Unit #: 3078
Assessor's Map #: 37
Assessor's Parcel #: 498
Tax Municipality: Maricopa - COUNTY
Taxes: 497

Contract Information

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

General Property Description

Dwelling Type: Apartment
Dwelling Styles: Stacked
Exterior Stories: 3
# of Interior Levels: Yes
# Bedrooms: 2
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1031
Price/SqFt: 234.72
Horses: N
Builder Name: US Home Corp
Year Built: 1980
Approx Lot SqFt: 112
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Planned Comm 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
Approx Lot Acres: 0
Guest House SqFt: 0

Remarks Misc

Cross Street: DOBSON & UNIVERSITY THEN WEST TO MAY
Directions: From AZ-202 take exit 10 for Dobson Rd, Turn right onto N Dobson Rd, Turn right onto W University Dr, Turn right onto N May. Look for Building #2

Legal Info

Township: T1N
Range: R5E
Lot Number: 3078
Cnty Rcrd Bk & Pg #: 21324

Basement

Basement Y/N: N

More Information

Items Updated

Floor Yr Updated: 2026
Floor Partial/Full: Full
Plmbg Yr Updated: 2026
Plmbg Partial/Full: Partial
Ht/Cool Yr Updated: 2026
Ht/Cool Partial/Full: Full
Kitchen Yr Updated: 2026
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2026
Bath(s) Partial/Full: Full

Parking Spaces

Carport Spaces: 2
Total Covered Spaces: 2
Slab Parking Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings

Special Listing Cond

Owner/Agent: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Built-Up: Yes

Pmt & Rate Info

Down Payment: 0
Total Encumbrance: 34000
Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 250
HOA Fee: 388.58
HOA Paid Frequency: Monthly
HOA Name: Los Racimos
HOA Telephone: 480.649.2017
HOA Management Company: Preferred Community
HOA Management Phone: 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: 2029-12-28
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 500
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 777.16
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

Spanish: Yes

Building Style

Clustered: Yes

Master Bathroom

Full Bth Master Bdrm: Yes

Master Bedroom

Split: Yes

Flooring

Other: Yes

Window Features

Single Pane: Yes

Community Features

Biking/Walking Path: Yes
Children's Playgrnd: Yes
Clubhouse/Rec Room: Yes
Comm Tennis Court(s): Yes
Near Bus Stop: Yes
Near Light Rail Stop: Yes

Dining Area

Dining in LR/GR: Yes

Heating

Electric: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Electric Oven: Yes
Electric Range: Yes
Built-in Microwave: Yes
Pantry: Yes
Refrigerator: Yes
Quartz Countertops: Yes

Cooling

Central Air: Yes

Interior Features

Elevator: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes

Other Rooms

Great Room: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Road Surface Type

Asphalt: Yes

Road Responsibility

City Maintained Road: Yes

Technology

Cable TV Avail: Yes

Fencing

None: Yes

Water Source

City Water: Yes

Community Pool Features

Outdoor: Yes

Exterior Features

Covered Patio(s): Yes
Patio: Yes
Storage: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

Parking Features

Assigned Parking: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes

Plumbing

Electric Hot Wtr Htr: Yes

Utilities

SRP: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Property Description

North/South Exposure: Yes
Borders Common Area: Yes

Landscaping

Grass Front: Yes

Services

City Services: Yes

Unit Style

Three or More Levels: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

By Agreement: Yes

Association Fee Incl

Exterior Mnt of Unit: Yes
Roof Replacement: Yes
Blanket Ins Policy: Yes
Water: Yes
Sewer: Yes
Garbage Collection: Yes
Front Yard Maint: Yes
Common Area Maint: Yes
Street Maint: Yes

Assoc Rules/Info

Prof Managed: Yes

Property Features

Special Listing Cond: Owner/Agent Architecture: Spanish Building Style: Clustered Master Bathroom: Full Bth Master Bdrm Master Bedroom: Split Flooring: Other Window Features: Single Pane Community Pool Features: Outdoor Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Comm Tennis Court(s); Near Bus Stop; Near Light Rail Stop Dining Area: Dining in LR/GR Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Quartz Countertops Laundry: Washer Included; Dryer Included Other Rooms: Great Room Interior Features: Elevator Technology: Cable TV Avail Exterior Features: Covered Patio(s); Patio; Storage Parking Features: Assigned Parking Road Surface Type: Asphalt Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Cooling: Central Air Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: None Property Description: North/South Exposure; Borders Common Area Landscaping: Grass Front Lockbox Type: Supra Possession: By Agreement Unit Style: Three or More Levels Association Fee Incl: Exterior Mnt of Unit; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: RE/MAX Fine Properties

Last Updated: July - 17 - 2026