540 N MAY Street 2132, Mesa, AZ 85201, Mesa, 85201 - 2 bed, 1 bath
Loading property details...
Mesa, AZ 85201
This Turnkey Condominium is listed at $199,000, aligning perfectly with its $199,000 Fair Market Value. Boasting a Condition Rating of 3, the residence features critical mechanical upgrades including a New HVAC (2023) and Hot Water Heater (2022), ensuring immediate peace of mind. The interior offers modern wood-look flooring, stainless steel appliances, and a private balcony with a Community Pool View. Located near Tempe Marketplace and McClintock High School, this property balances lifestyle convenience with financial stability. It is an ideal match for first-time buyers or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 N MAY Street 2132 Subject | $199,000* List Price | 2 | 1 | 938 | $212 | - |
A 2220 W DORA Street 215 Active | $234,900 List Price | 2 | 2 | 948 | $248 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant recent mechanical upgrades, including a new HVAC system (2023) and hot water heater (2022). The interior features modern wood-look flooring in a herringbone pattern, updated stainless steel kitchen appliances, and fresh neutral paint. While the 1981 build date is reflected in the popcorn ceilings and older cabinet styles, the overall condition is high due to the lack of deferred maintenance and recent cosmetic updates.
The property features a new HVAC system installed in 2023 and a new hot water heater from 2022, significantly reducing the risk of immediate capital expenditures for the buyer.
Situated with easy access to the 101 and 202 freeways and close to major hubs like Tempe Marketplace and Cubs Stadium, this location is highly desirable for commuters and sports fans.
The unit is move-in ready with elegant wood-look flooring, a neutral color palette, and a kitchen equipped with stainless steel appliances and a breakfast bar.
As a two-bedroom unit with only one bathroom, the property may be less appealing to roommates or small families compared to standard two-bathroom configurations.
The monthly association fee of $328 is a significant recurring expense that buyers must factor into their monthly debt-to-income ratio and overall affordability.
Lock & Leave! A charming 2 bed, 1 bath condo in Los Racimos is now for sale! New HVAC (2023) & Hot Water Heater (2022). Discover a large dining & living area w/elegant wood-look flooring and soothing palette throughout. The kitchen comes equipped w/ample cabinetry, all the stainless steel appliances you'll need for home cooking, and a breakfast bar. Cozy bedrooms w/soft carpet promise you and your loved ones a good night's sleep! Enjoy a lovely balcony, assigned carport parking, and access to a sparkling blue Community pool. Close to Cubs Stadium, Mesa Riverview, Tempe Marketplace with easy access to the 101 and 202 freeways. This is sure to be the place you've been looking for! Act now before it's gone! NOTE: Community beautification project beginning May 2026. See more in docs tab.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 938 | 969 | 50% |
| Lot Size | 85 | 910 | 30% |
| Price | $199.0K | $99.5K | 50% |
| Price per sq ft | $212 | $106 | 50% |
| Built year | 1981 | 1986 | 30% |
| HOA | $328 | $220 | 90% |
| Days on market | 156 | 1626 | 10% |
Nov 17, 2025
$199,000
Initial Listing