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$265,000
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Property Description
Amazing 2 bedroom condo with a fantastic location! This private, second-story, corner unit at Los Racimos boasts a spacious open floor plan with soft paint and vinyl wood-look flooring. The kitchen features granite counters, wood cabinets and SS appliances. The primary bedroom has a tiled shower & a granite vanity. Both bedrooms include plush carpet & ceiling fans. Enjoy your private, shaded balcony with access from the living room and primary bedroom .The new HVAC system will keep you nice and cool during the hot months! This fabulous community offers lush green areas, resort-like pool, common grilling areas, and clubhouse. What's not to like? Easy access to AZ-101 & AZ-202, close to schools, Mesa Riverview/Tempe Marketplace, and Cubs Spring Training field. Hurry to see!!
Full Property Details
Full Property Details for 540 N May St #2081
General
- Price: $265,000
- HOA FEE: $389/month
- Taxes: $407 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6983917
- Updated: 2/13/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, 3/4 Bath Master Bdrm
- Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range
- Flooring: Carpet, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Separate Strge Area, Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: LOS RACIMOS PHASE 1
- Cross Streets: N Dobson Rd & W University Dr
Community
- Association: Yes
- Assoc. Name: Preferred Community
- Assoc. Fees Include: Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary,
- Builder: US HOME CORP
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile, Built-Up
- Common Walls: 1 Common Wall, Neighbor Below, End Unit
- Sq. Ft. Source: Assessor
- Year Built: 1980
Lot Features
- Lot Size (Sq. Ft.): 116
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: None
Financial Considerations
- Association Fee: $389
- Assoc Fee Freq.: Monthly
- Tax Amount: $407
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 2081 LOS RACIMOS PHASE 1 MCR 021324
- Property ID: 135-37-472
- Range: 5E
- Section: 18
- Lot Number: 2081
Listed by HomeSmart
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Price & Sales History for 540 N May St #2081
Date
Details
Price
Change
Source
2/13/2026
Listed
$265,000
130.43%
MLS
3/29/2016
Sold
$115,000
—
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 St #2081
Year
Property Taxes
Change
Tax Assessment
Change
2025
$423
8%
$22,020
6%
2024
$392
—
$20,850
-7%
2023
$391
4%
$22,420
29%
2022
$377
—
$17,430
22%
2022
$377
-5%
$14,260
15%
2021
$397
4%
$12,450
13%
2020
$383
1%
$11,020
14%
2019
$380
4%
$9,650
26%
2018
$364
3%
$7,670
13%
2017
$354
—
$6,760
4%
2016
$354
3%
$6,480
24%
2015
$345
-10%
$5,230
41%
2014
$384
30%
$3,700
48%
2013
$296
—
$2,500
—
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 #2081
540 N May Street #2081, Mesa, AZ 85201 (MLS# 6983917) is a Apartment property with 2 bedrooms and 2 full bathrooms. 540 N May Street #2081 is currently listed for $265,000 and was received on February 13, 2026. Want to learn more about 540 N May Street #2081? 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.

