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$300,000

Beds
3
Baths
2.0
sq ft
1,306

540 North May Unit 3106, Mesa, AZ 85201

540 North May Unit 3106

Mesa, AZ 85201

  • 19 days on market
Welcome home to this rare find of a 3 bedroom/2 bathroom unit in the centrally located Los Racimos community. Kitchen features an island with granite countertops and travertine backsplash above the sink. The master and an additional bedroom feature walk-in closets and the home has a split floor plan. The home also features a large private covered balcony overlooking the lush landscaped common areas. Located near ASU and the light rail.

Details

Property type

Condominium

Est. home value

$295,716

Lot size

1,245 sq ft

Price per sq ft

$230

Year built

1980

Annual property taxes

$568

Monthly HOA fee

$391.86

Price History

12/02/2024
ArizonaRegional

ArizonaRegional #6784661

Listed
$300,000
+112.77%
07/13/2017
ArizonaRegional

ArizonaRegional #5618623

Sold
$141,000
+16.53%
12/02/2015
ArizonaRegional

ArizonaRegional #5347599

Sold
$121,000

Schools & Community

Neighborhood: 

Los Racimos

Elementary school: 

Curry Elementary School

Middle school: 

Connolly Middle School

High school: 

McClintock High School

Community features: 

Tennis Court(s), Clubhouse

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

$180,805
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$95,195
Cash to seller
$180,805

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

Seller’s Loan History

Lender

Nova Financial & Investment Corp

Loan start date

July 2017

Original loan amount

$112,000

Est. remaining balance

$95,195

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Aurelien Sanchez

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: 12/21/2024 at 9:45 AM

Listing updated: 12/02/2024 at 10:10 AM

Listed by: Jenna Marie Pursley, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6784661

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