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  5. 540 N May
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540 N May

540 N May 3102, Mesa, AZ, 85201

YEAR BUILT

1980

# STORIES

3

# TOTAL UNITS

103

UNIT SIZE RANGE

638-1,359 sqft

Description

540 N May is a low-rise condominium building located in Mesa, AZ. The building has 3 stories and contains 100 units. Constructed in 1980, the building provides a range of unit sizes from 638 to 1,359 square feet. Units come with 1 to 3 bedrooms, appealing to a variety of living arrangements. Mountain views enhance many units, creating a pleasant atmosphere. Units usually feature open floor plans and large windows, allowing for plenty of natural light. Private balconies or patios extend living spaces outdoors and offer opportunities to enjoy the views. Recent unit prices vary from $312,500 to $330,000. The lowest sold price over the last 12 months was about $168,000. The average closed price sits around $205,417, with an average price per square foot of $249. Units spend an average of 73 days on the market. Community amenities support active lifestyles. Residents enjoy access to multiple pools, tennis courts, and a fitness center. Other amenities include a clubhouse, playground, and racquetball courts. The complex allows rentals and is pet-friendly, assigning covered parking for convenience. Nearby, dining options like Susie's Mexican Cafe and The Woodshed II are available. Grocery needs can be met at ExtraMile. Major roads like North Scottsdale Road and East Rio Salado Parkway lead to local landmarks. Key locations include Arizona State University, Tempe Marketplace, and Sloan Park, which hosts Cubs Spring Training.

Building ImageMLS ID #6969397
Building ImageMLS ID #6969397
Building Image
Building ImageView Listing

540 N May

540 N May 3102, Mesa, AZ, 85201

YEAR BUILT

1980

# STORIES

3

# TOTAL UNITS

103

UNIT SIZE RANGE

638-1,359 sqft

Description

540 N May is a low-rise condominium building located in Mesa, AZ. The building has 3 stories and contains 100 units. Constructed in 1980, the building provides a range of unit sizes from 638 to 1,359 square feet. Units come with 1 to 3 bedrooms, appealing to a variety of living arrangements. Mountain views enhance many units, creating a pleasant atmosphere. Units usually feature open floor plans and large windows, allowing for plenty of natural light. Private balconies or patios extend living spaces outdoors and offer opportunities to enjoy the views. Recent unit prices vary from $312,500 to $330,000. The lowest sold price over the last 12 months was about $168,000. The average closed price sits around $205,417, with an average price per square foot of $249. Units spend an average of 73 days on the market. Community amenities support active lifestyles. Residents enjoy access to multiple pools, tennis courts, and a fitness center. Other amenities include a clubhouse, playground, and racquetball courts. The complex allows rentals and is pet-friendly, assigning covered parking for convenience. Nearby, dining options like Susie's Mexican Cafe and The Woodshed II are available. Grocery needs can be met at ExtraMile. Major roads like North Scottsdale Road and East Rio Salado Parkway lead to local landmarks. Key locations include Arizona State University, Tempe Marketplace, and Sloan Park, which hosts Cubs Spring Training.

Next

Description

540 N May is a low-rise condominium building located in Mesa, AZ. The building has 3 stories and contains 100 units. Constructed in 1980, the building provides a range of unit sizes from 638 to 1,359 square feet. Units come with 1 to 3 bedrooms, appealing to a variety of living arrangements. Mountain views enhance many units, creating a pleasant atmosphere. Units usually feature open floor plans and large windows, allowing for plenty of natural light. Private balconies or patios extend living spaces outdoors and offer opportunities to enjoy the views. Recent unit prices vary from $312,500 to $330,000. The lowest sold price over the last 12 months was about $168,000. The average closed price sits around $205,417, with an average price per square foot of $249. Units spend an average of 73 days on the market. Community amenities support active lifestyles. Residents enjoy access to multiple pools, tennis courts, and a fitness center. Other amenities include a clubhouse, playground, and racquetball courts. The complex allows rentals and is pet-friendly, assigning covered parking for convenience. Nearby, dining options like Susie's Mexican Cafe and The Woodshed II are available. Grocery needs can be met at ExtraMile. Major roads like North Scottsdale Road and East Rio Salado Parkway lead to local landmarks. Key locations include Arizona State University, Tempe Marketplace, and Sloan Park, which hosts Cubs Spring Training.

540 N May Key Stats Last 12 months

Avg. Listed Price$213,655($249/Sqft.)

Avg. Sale Price$205,417($249/Sqft.)
Year over year list priceDown Arrow15.88%

Year over year sale priceDown Arrow 17.96%
Total Listings9 Listed

Total sold6 Sold
Average Days on Market73 days

Average HOA fees per sqft$4 /monthly
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Key Stats

Year over year list priceDown Arrow15.88%

Year over year sale priceDown Arrow17.96%
Total Listings9 Listed

Total sold6 Sold
Average Days on Market73 days

Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

540 N May Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 11301130131332552022-06-23
MLS#: 6391534
Closed$330,000
Unit 30983098135932432022-04-17
MLS#: 6364608
Closed$330,000
Unit 20822082135932452022-04-07
MLS#: 6358462
Closed$312,500
Unit 1130
1130

3 Beds

2 Baths

1313 sqft


DateStatusPrice
2022-06-23Closed$330,000
MLS#: 6391534
Days On Market55
Unit 2082
2082

3 Beds

2 Baths

1359 sqft


DateStatusPrice
2022-04-07Closed$312,500
MLS#: 6358462
Days On Market45
Unit 3098
3098

3 Beds

2 Baths

1359 sqft


DateStatusPrice
2022-04-17Closed$330,000
MLS#: 6364608
Days On Market43
View Complete Unit Listing HistorySource By: ARMLS

Amenities

What truly sets 540 N May apart are its fantastic amenities! Picture yourself lounging in the club house, getting a good workout in the fitness center, or enjoying a sunny day on the tennis courts. For families, there's a playground where kids can run and play. Don’t forget about the option to get your friends together for a fun racquetball match. Whether you're an active lifestyle person or someone who loves social gatherings, there's something here for everyone!

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Amenities Description

What truly sets 540 N May apart are its fantastic amenities! Picture yourself lounging in the club house, getting a good workout in the fitness center, or enjoying a sunny day on the tennis courts. For families, there's a playground where kids can run and play. Don’t forget about the option to get your friends together for a fun racquetball match. Whether you're an active lifestyle person or someone who loves social gatherings, there's something here for everyone!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
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Amenities

Barbecue

Barbecue

Fitness Center

Fitness Center

Security System

Security System

Laundry Facilities

Laundry Facilities

Tennis Court(s)

Tennis Court(s)

Balcony

Balcony

Policies

While specific building policies aren't detailed, this condo community offers the appeal of rentals being allowed. This invites a wider range of residents, creating a vibrant community feel, perfect for mingling with neighbors or possibly renting out your unit in the future.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
540 N May$249/sqft.$4 /sqft.
540 N May$249/sqft.$4 /sqft.
540 N May St$244/sqft.$4 /sqft.
602 N May St$341/sqft.$4 /sqft.
555 N May$321/sqft.$5 /sqft.
280 S Evergreen Rd$341/sqft.$5 /sqft.

Nearby Schools

Residents of 540 N May enjoy access to nearby educational institutions across Mesa. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Webster Elementary School

D
Public|Grades PK–6
202 N Sycamore|0.77 miles away

Thew Elementary School

D
Public|Grades KG–5
2130 E Howe Ave|0.98 miles away

Whittier Elementary School

C-
Public|Grades PK–6
733 N Longmore|1 miles away

The Aces-Tempe

--
Private|Grades KG–12
1515 S Indian Bend...|1.11 miles away

Tempe Montessori School Ltd

--
Private|Grades PK–5
410 S El Dorado|1.3 miles away

Evit - East Valley Institute of Technology

--
Public|Grades 9–12
1601 W Main St|1.32 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of 540 N May enjoy access to nearby educational institutions across Mesa. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Webster Elementary School

D
Public|Grades PK–6
202 N Sycamore|Less than 1 Mile Away

Thew Elementary School

D
Public|Grades KG–5
2130 E Howe Ave|Less than 1 Mile Away

Whittier Elementary School

C-
Public|Grades PK–6
733 N Longmore|1.00 Miles Away

The Aces-Tempe

--
Private|Grades KG–12
1515 S Indian Bend...|1.11 Miles Away

Tempe Montessori School Ltd

--
Private|Grades PK–5
410 S El Dorado|1.30 Miles Away

Evit - East Valley Institute of Technology

--
Public|Grades 9–12
1601 W Main St|1.32 Miles Away

Esperanza Preparatory

--
Public|Grades KG–8
1938 E Apache Blvd|1.36 Miles Away

The French American Academy of Arizona

--
Public|Grades KG–5
2222 S Price Rd|1.63 Miles Away

Carson Junior High School

D+
Public|Grades 7–8
525 N Westwood|1.74 Miles Away

Emerson Elementary School

C-
Public|Grades PK–6
415 N Westwood|1.76 Miles Away

Connolly Middle School

C
Public|Grades 6–8
2002 E Concorda Dr|1.77 Miles Away

Roosevelt Elementary School

D+
Public|Grades PK–6
828 S Valencia|1.78 Miles Away

Evit - Westwood High School

--
Public|Grades 9–12
945 W Rio Salado P...|1.82 Miles Away

Westwood High School

C-
Public|Grades 9–12
945 W Rio Salado P...|1.83 Miles Away

Adams Elementary School

C
Public|Grades PK–6
738 S Longmore|1.87 Miles Away

Curry Elementary School

C
Public|Grades KG–5
1974 E Meadow Dr|1.91 Miles Away

Educational Models for Learning Arizona

--
Public|Grades 9–12
1525 E Apache Blvd|1.98 Miles Away

Transit

540 N May enjoys proximity to 50+ public transit options throughout Mesa. Located within a 2-mile radius, these connections enable easy commuting and dependable travel. Residents benefit from reduced reliance on private vehicles. A well-served transit location supports sustainable urban living.

10th St & Smith Rd (Flag Zone)

1.19 miles away|23 min walk

8th Av & Dobson Rd (Flag Zone)

1.77 miles away|34 min walk

8th St & McClintock Dr

1.66 miles away|32 min walk

8th St & Una Av

1.84 miles away|36 min walk

Alma School/Main St

1.66 miles away|32 min walk

Alma School Rd & 10th St

1.57 miles away|31 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

540 N May enjoys proximity to 50+ public transit options throughout Mesa. Located within a 2-mile radius, these connections enable easy commuting and dependable travel. Residents benefit from reduced reliance on private vehicles. A well-served transit location supports sustainable urban living.

10th St & Smith Rd (Flag Zone)

1.19 miles away|23 min walk

8th Av & Dobson Rd (Flag Zone)

1.77 miles away|34 min walk

8th St & McClintock Dr

1.66 miles away|32 min walk

8th St & Una Av

1.84 miles away|36 min walk

Alma School/Main St

1.66 miles away|32 min walk

Alma School Rd & 10th St

1.57 miles away|31 min walk

Alma School Rd & 2nd St

1.51 miles away|29 min walk

Alma School Rd & 7th St

1.45 miles away|28 min walk

Alma School Rd & Bass Pro Dr

1.64 miles away|32 min walk

Alma School Rd & Broadway Rd

1.87 miles away|36 min walk

Alma School Rd & Main St

1.61 miles away|31 min walk

Alma School Rd & Mountain View Dr

1.56 miles away|30 min walk

Alma School Rd & Rio Salado Pkwy

1.47 miles away|29 min walk

Alma School Rd & University Dr

1.46 miles away|29 min walk

Bass Pro Dr & Dobson Rd

0.99 miles away|19 min walk

Broadway Rd & 1820 West

1.39 miles away|27 min walk

Broadway Rd & 2100 East

1.37 miles away|27 min walk

Broadway Rd & 2145 West

1.25 miles away|24 min walk

Broadway Rd & Alma School Rd

1.85 miles away|36 min walk

Broadway Rd & Cottonwood Dr

1.31 miles away|26 min walk

Broadway Rd & Country Club Wy

1.63 miles away|32 min walk

Broadway Rd & Dobson Rd

1.26 miles away|25 min walk

Broadway Rd & El Dorado

1.27 miles away|25 min walk

Broadway Rd & Longmore

1.51 miles away|29 min walk

Broadway Rd & Los Feliz Dr

1.79 miles away|35 min walk

Broadway Rd & McClintock Dr

1.98 miles away|39 min walk

Broadway Rd & Price Rd

1.31 miles away|26 min walk

Broadway Rd & River Dr

1.53 miles away|30 min walk

Broadway Rd & Roosevelt Rd

1.22 miles away|24 min walk

Broadway Rd & Saguaro

1.47 miles away|29 min walk

Broadway Rd & Standage

1.72 miles away|33 min walk

Broadway Rd & Valencia

1.22 miles away|24 min walk

Concorda Dr & River Dr

1.75 miles away|34 min walk

Curry Rd & McClintock Dr

1.96 miles away|38 min walk

Dobson Rd & 1st Av

0.96 miles away|19 min walk

Dobson Rd & 2nd St

0.63 miles away|13 min walk

Dobson Rd & 600 South

1.58 miles away|31 min walk

Dobson Rd & 701 South

1.57 miles away|31 min walk

Dobson Rd & 8th Av

1.79 miles away|35 min walk

Dobson Rd & Broadway Rd

1.26 miles away|25 min walk

Dobson Rd & Decatur St

0.41 miles away|8 min walk

Dobson Rd & Main St

0.78 miles away|15 min walk

Dobson Rd & Rio Salado Pkwy

0.55 miles away|11 min walk

Dobson Rd & University Dr

0.47 miles away|9 min walk

Emelita Av & Dobson Rd (Flag Zone)

1.92 miles away|37 min walk

Emelita Av & Sycamore (Flag Zone)

1.97 miles away|38 min walk

Escalante Center

0.85 miles away|17 min walk

Evergreen Rd & 10th St (Flag Zone)

0.47 miles away|9 min walk

George Dr & University Dr (Flag Zone)

0.42 miles away|9 min walk

Hayden Ln & McClintock Dr (Flag Zone)

1.63 miles away|32 min walk

The Neighbourhood: 540 N May

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540 N May Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 15.8% are children aged 0–14, 31.81% are young adults between 15–29, 26.63% are adults aged 30–44, 13.4% are in the 45–59 range and 12.37% are seniors aged 60 and above. Commuting options are also varying where 83.67% of residents relying on driving, while others prefer public transit around 3.17%, walking around 1.7%, biking around 1.59%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.44% of units are rented and 40.56% are owner occupied. The neighborhood offers different household types. About 26.57% are single family homes and 7.9% are multi family units. Around 32.57% are single-person households, while 67.43% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 16.74% of residents have bachelor’s degrees. Around 25.51% have high school or college education. Another 9.59% hold diplomas while 8.16% have completed postgraduate studies. The remaining are 40% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 15.8% are children aged 0–14, 31.81% are young adults between 15–29, 26.63% are adults aged 30–44, 13.4% are in the 45–59 range and 12.37% are seniors aged 60 and above. Commuting options are also varying where 83.67% of residents relying on driving, while others prefer public transit around 3.17%, walking around 1.7%, biking around 1.59%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.44% of units are rented and 40.56% are owner occupied. The neighborhood offers different household types. About 26.57% are single family homes and 7.9% are multi family units. Around 32.57% are single-person households, while 67.43% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 16.74% of residents have bachelor’s degrees. Around 25.51% have high school or college education. Another 9.59% hold diplomas while 8.16% have completed postgraduate studies. The remaining are 40% with other types of qualifications.

Age Demographics

0–14 Years

15.8%

15–29 Years

31.81%

30–44 Years

26.63%

45–59 Years

13.4%

60+ Years

12.37%

Commute

3.17%

Transit

1.7%

Walk

83.67%

Drive

1.59%

Bike

Housing Ownership

40.56%

Owner Occupied

59.44%

Rental Units

Household Types

Single Family
26.57%
Multi Family
7.9%
Single Person
32.57%
Multi Person
67.43%

Average Income

Household:$5,293,660.36 /yr

Individual:$3,100,288.52 /yr

Education

Bachelors Degree16.74%
High School College25.51%
Diploma9.59%
Post Graduate8.16%
Others40%
Next

Education

Diploma9.59%
Post Graduate8.16%
Others40%
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  2. /Mesa, AZ
  3. /
    540 N May
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