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1/23
$200,000
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Property Description
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.
Full Property Details
Full Property Details for 540 N May -- #1075
General
- Price: $200,000
- HOA FEE: $305/month
- Taxes: $295 (2026)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7060299
- Updated: 8/12/2026
- Added to Site: 20 day(s) ago
Interior
- Interior Features: Non-laminate Counter
- Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Inside
Location
- County: Maricopa
- Subdivision: LOS RACIMOS PHASE 1
- Cross Streets: May and Rio Salado Pkwy
Community
- Association: Yes
- Assoc. Name: Los Racimos
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Maintenance Grounds, Other (See Remarks), Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Other,
- Exterior Const.: Wood Frame
- Roof: Built-Up
- Sq. Ft. Source: Appraiser
- Year Built: 1980
Lot Features
- Lot Size (Sq. Ft.): 71
- Lot Size Source: Assessor
- Lot Features: None
Financial Considerations
- Association Fee: $305
- Assoc Fee Freq.: Monthly
- Tax Amount: $295
- Tax Year: 2026
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Ownership: Condominium
- Property ID: 135-37-481
- Lot Number: 1075
Listed by My Home Group Real Estate
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Price & Sales History for 540 N May -- #1075
Date
Details
Price
Change
Source
7/30/2026
Listed
$200,000
-2.68%
MLS
5/27/2025
Sold
$205,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 540 N May -- #1075
Year
Property Taxes
Change
Tax Assessment
Change
2025
$295
—
$3,339
-81%
2025
$295
-5%
$17,980
—
2022
$312
—
$17,930
29%
2022
$312
—
$13,950
24%
2022
$312
-3%
$11,280
16%
2021
$323
3%
$9,720
15%
2020
$313
1%
$8,460
17%
2019
$309
4%
$7,210
30%
2018
$298
3%
$5,550
14%
2017
$290
—
$4,850
5%
2016
$289
3%
$4,630
28%
2015
$280
-8%
$3,630
42%
2014
$303
27%
$2,560
46%
2013
$238
—
$1,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 540 N May -- #1075
540 N May -- #1075, Mesa, AZ 85201 (MLS# 7060299) is a Apartment property with 1 bedroom and 1 full bathroom. 540 N May -- #1075 is currently listed for $200,000 and was received on July 30, 2026. Want to learn more about 540 N May -- #1075? Do you have questions about finding other Apartment real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

