tomo logo

$274,000

Beds
2
Baths
2.0
sq ft
988

540 North May Unit 1145, Mesa, AZ 85201

540 North May Unit 1145

Mesa, AZ 85201

  • 46 days on market
    • Price drop $1,000↓
LOCATED within walking distance to Sloan Park -CUBS Spring Training field and Mesa Riverview Park/Shopping Center. Ground floor with 2 bedrooms and 2 full bathrooms! Walk in closet in primary bedroom with on suite. Large fenced in patio with a gate to access the patio doors to relax on the artificial grass, 2 outside storage areas. Granite counters, inside washer and dryer, updated appliances, NO Carpet! Super clean and move in ready.

Details

Property type

Condominium

Est. home value

$269,605

Lot size

99 sq ft

Price per sq ft

$278

Year built

1983

Annual property taxes

$398

Monthly HOA fee

$388.58

Price History

01/30/2025
ArizonaRegional

ArizonaRegional #6800926

Price change
$274,000
-0.36%
01/20/2025
ArizonaRegional

ArizonaRegional #6800926

Price change
$275,000
-0.72%
01/13/2025
ArizonaRegional

ArizonaRegional #6800926

Price change
$276,999
-1.07%

Schools & Community

Neighborhood: 

Los Racimos

Elementary school: 

Curry Elementary School

Middle school: 

Connolly Middle School

High school: 

McClintock High School

Community features: 

Pool, Sidewalks

High school district: 

Tempe Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$991
Asking price
$274,000
Closing costs (~8% of asking)
-$21,920
Est. remaining loan balance
-$251,089
Cash to seller
$991

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bell Bank

Loan start date

February 2023

Original loan amount

$257,050

Est. remaining balance

$251,089

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Sydney Simpson and Nicholas Fluegel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
ArizonaRegional
$309,000
2 bd
|
2 ba
|
1,140 sq ft
|
Condo

1905 East University Drive Unit 207, Tempe, AZ 85288

Price drop
ArizonaRegional
$270,000
2 bd
|
2 ba
|
954 sq ft
|
Condo

1730 West Emelita Avenue Unit 2027, Mesa, AZ 85202

Price drop
ArizonaRegional
$295,000
2 bd
|
2 ba
|
1,004 sq ft
|
Condo

2035 South Elm Street Unit 222, Tempe, AZ 85282

Status: Active

Tomo last checked: 02/22/2025 at 10:15 AM

Listing updated: 02/04/2025 at 10:10 AM

Listed by: Taryn M Macquilkin, My Home Group Real Estate Phone #: (602) 399-2748

MLS: ArizonaRegional #6800926

ArizonaRegional logo

Recently listed in Mesa