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$225,000
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Property Description
Well maintained, refreshed 2bed/2bath condo one block from the Cubs practice stadium, and less than 4 miles to Arizona State University. This move-in ready unit features newer white appliances, updated plumbing, brand-new bathroom vanities and fresh interior paint. Enjoy the added privacy of having no neighbor on one side, creating a more open and peaceful living experience. Step outside to your private patio with grassy views, perfect for relaxing. Enjoy the community features of 2 pools and clubhouse. Whether you're a Student at ASU, full-time resident, seasonal owner, or investor, this well-maintained property offers comfort, updates, and a highly desirable setting.
Full Property Details
Full Property Details for 540 N May St #2145
General
- Price: $225,000
- HOA FEE: $388/month
- Taxes: $505 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6978418
- Updated: 2/19/2026
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Pantry, Full Bth Master Bdrm
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Parking
- Parking Features: Assigned
Location
- County: Maricopa
- Subdivision: LOS RACIMOS
- Cross Streets: Rio Salado AND 101
Community
- Association: Yes
- Assoc. Name: Preferred Communitie
- Assoc. Fees Include: Insurance, Sewer, Pest Control, Maintenance Grounds, 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: High Rise
- Exterior Const.: Stucco, Block
- Roof: Built-Up
- Common Walls: Neighbor Above, Three Common Walls
- Windows: Screens, Dual Pane
- Sq. Ft. Source: Owner
- Year Built: 1981
Lot Features
- Lot Size (Sq. Ft.): 99
- Lot Size Source: Assessor
- Lot Features: None
Financial Considerations
- Association Fee: $388
- Assoc Fee Freq.: Monthly
- Tax Amount: $505
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Property ID: 135-37-865
- Lot Number: 2145
Listed by Real Broker
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Price & Sales History for 540 N May St #2145
Date
Details
Price
Change
Source
2/02/2026
Listed
$225,000
223.74%
MLS
4/28/2003
Sold
$69,500
—
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 St #2145
Year
Property Taxes
Change
Tax Assessment
Change
2025
$505
7%
$21,830
3%
2024
$472
—
$21,160
-7%
2023
$470
3%
$22,750
29%
2022
$455
—
$17,670
22%
2022
$455
-3%
$14,470
15%
2021
$471
3%
$12,560
13%
2020
$456
1%
$11,080
14%
2019
$451
-9%
$9,680
27%
2018
$497
38%
$7,650
12%
2017
$359
—
$6,800
6%
2016
$360
3%
$6,430
23%
2015
$351
-10%
$5,210
40%
2014
$389
29%
$3,730
46%
2013
$302
—
$2,550
—
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 #2145
540 N May Street #2145, Mesa, AZ 85201 (MLS# 6978418) is a Apartment property with 2 bedrooms and 2 full bathrooms. 540 N May Street #2145 is currently listed for $225,000 and was received on February 02, 2026. Want to learn more about 540 N May Street #2145? 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.

