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$290,000

Beds
2
Baths
2.0
sq ft
988

540 North May Unit 2151, Mesa, AZ 85201

540 North May Unit 2151

Mesa, AZ 85201

  • 2 days on market
    • Open house Feb 22
This beautifully maintained 2-bed, 2-bath apartment unit offers a bright and airy living space in a pet-friendly, prime location—ideal as both a residential home or investment property. The unit features vinyl flooring throughout and a private balcony. The primary bedroom is thoughtfully designed with a split layout, a walk-in closet, and a full bath. Plus, the home is fully furnished making it an easy move-in! Enjoy the many amenities of this vibrant community, including pools, tennis courts, a dog park, BBQ areas, and a clubhouse. Additional perks include on-site RV parking and two assigned parking spaces. Located near the Light Rail, Tempe Marketplace, Mesa Riverview shopping malls, Arizona State University, Cubs Park, and Mesa Community College.

Details

Property type

Condominium

Est. home value

$268,593

Lot size

1,038 sq ft

Price per sq ft

$294

Year built

1983

Annual property taxes

$398

Monthly HOA fee

$388.58

Price History

02/19/2025
ArizonaRegional

ArizonaRegional #6823020

Listed
$290,000
+22.36%
08/10/2021
ArizonaRegional

ArizonaRegional #6261296

Sold
$237,000
+52.9%
07/17/2019
ArizonaRegional

ArizonaRegional #5940241

Sold
$155,000

Schools & Community

Neighborhood: 

Los Racimos

Elementary school: 

Curry Elementary School

Middle school: 

Connolly Middle School

High school: 

McClintock High School

Community features: 

Clubhouse, Pool

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

$61,554
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$205,246
Cash to seller
$61,554

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

August 2021

Original loan amount

$222,300

Est. remaining balance

$205,246

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Coleman L Hagar and Devyn Sterchi

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?

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Status: Active

Tomo last checked: 02/22/2025 at 2:15 AM

Listing updated: 02/21/2025 at 9:05 PM

Listed by: George Laughton, My Home Group Real Estate Phone #: (623) 242-9459

MLS: ArizonaRegional #6823020

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