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$175,000
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Property Description
Immaculate and move-in ready, this stylish 2-bed, 1-bath condo offers effortless living in a highly desirable Mesa location. Enjoy a bright, open layout with updated finishes, plush carpet, tile flooring, neutral tones, and a striking wood accent wall. The well-equipped kitchen provides ample storage and workspace, while the oversized patio doors let in natural light and serene sunrise views. Inside laundry, abundant storage, and no neighbors below add comfort and convenience. Walk to Sloan Park and Riverview Park, with quick access to ASU, Tempe Marketplace, major freeways, and Sky Harbor. Community features pools, clubhouse, trails, and more--ideal for a vibrant, low-maintenance lifestyle.
Full Property Details
Full Property Details for 540 N May St #1109
General
- Price: $175,000
- HOA FEE: $328/month
- Taxes: $417 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6973261
- Updated: 3/27/2026
- Added to Site: 73 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: High Speed Internet, 9+ Flat Ceilings, No Interior Steps, Laminate Counters
- Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Parking
- Parking Features: Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: LOS RACIMOS PHASE 2
- Cross Streets: E Rio Salado Pkwy & N Dobson Rd
Community
- Association: Yes
- Assoc. Name: Los Racimos
- Assoc. Fees Include: Roof Repair, Insurance, Pest Control, Maintenance Grounds, 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
- Builder: US Homes
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Built-Up
- Common Walls: Two Common Walls, Neighbor Above
- Windows: Dual Pane
- Sq. Ft. Source: Owner
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 919
- Lot Size Source: Assessor
- Lot Features: Desert Back
Financial Considerations
- Association Fee: $328
- Assoc Fee Freq.: Monthly
- Tax Amount: $417
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 1109 LOS RACIMOS PHASE 2-A MCR
- Property ID: 135-37-778
- Range: 5E
- Section: 18
- Lot Number: 1109
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Price & Sales History for 540 N May St #1109
Date
Details
Price
Change
Source
3/27/2026
Price Reduced
$175,000
-10.26%
MLS
2/26/2026
Price Reduced
$195,000
-2.5%
MLS
1/23/2026
Listed
$200,000
—
MLS
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 St #1109
Year
Property Taxes
Change
Tax Assessment
Change
2025
$417
7%
$19,870
7%
2024
$390
1%
$18,650
-6%
2023
$388
3%
$19,860
28%
2022
$376
—
$15,550
23%
2022
$376
-3%
$12,610
15%
2021
$389
3%
$10,950
13%
2020
$376
1%
$9,670
16%
2019
$372
4%
$8,320
27%
2018
$358
3%
$6,560
14%
2017
$349
74%
$5,750
31%
2016
$200
-31%
$4,380
—
2015
$290
-10%
$4,380
41%
2014
$322
29%
$3,100
48%
2013
$249
—
$2,100
—
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 St #1109
540 N May Street #1109, Mesa, AZ 85201 (MLS# 6973261) is a Apartment property with 2 bedrooms and 1 full bathroom. 540 N May Street #1109 is currently listed for $175,000 and was received on January 23, 2026. Want to learn more about 540 N May Street #1109? 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.

