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$299,000

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

  • 82 days on market
    • Price drop $1,000↓
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

$229

Year built

1980

Annual property taxes

$568

Monthly HOA fee

$391.86

Price History

02/10/2025
ArizonaRegional

ArizonaRegional #6784661

Listed
$299,000
02/06/2025
ArizonaRegional

ArizonaRegional #6784661

Pending
$299,000
01/04/2025
ArizonaRegional

ArizonaRegional #6784661

Price change
$299,000
-0.33%

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, 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

$180,322
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$94,758
Cash to seller
$180,322

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

$94,758

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: 02/22/2025 at 10:30 AM

Listing updated: 02/10/2025 at 2:25 PM

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

MLS: ArizonaRegional #6784661

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