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  5. 540 N May
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540 N May

540 N May 1148, Mesa, AZ, 85201

YEAR BUILT

1980

# STORIES

3

# TOTAL UNITS

98

UNIT SIZE RANGE

638-1,359 sqft

Description

540 N May is located in Mesa, Arizona, near the intersection of South Alma School Road and West University Drive. The building has a low-rise structure with 3 stories and 97 condominium units. Constructed in 1980, it features mountain views that enhance the living experience. Unit sizes in this building range from 638 to 1,359 square feet. The units come with 1 to 3 bedrooms, catering to various needs. Prices for units range from $312,500 to $330,000. Over the past year, the average closed price was about $205,417, with a lowest sold price around $168,000. The average price per square foot comes in at $259. The building features numerous amenities. Residents enjoy access to a community pool, a clubhouse, and a fitness center. There are tennis courts and a playground as well. This setting encourages an active lifestyle. Spaces for grilling and green common areas contribute to the community feel. Nearby options for dining include Susie's Mexican Cafe and Lunch, along with The Woodshed II. Grocery needs can be met at ExtraMile. The location is near Arizona State University and Sloan Park, where the Cubs have their spring training. Tempe Marketplace and Mesa Riverview add more shopping choices. Access to public transit, including light rail, makes getting around straightforward. The Loop 101 and 202 Freeways are also close, so travel to nearby areas is quick. The proximity to Tempe Town Lake and Riverview Park offers recreational opportunities, appealing to nature lovers. Overall, this low-rise condominium building combines comfort and community living. The range of unit sizes, along with the selection of amenities, makes it a practical option in a vibrant area.

Building ImageMLS ID #6974938
Building ImageMLS ID #6974938
Building Image
Building ImageView Listing

540 N May

540 N May 1148, Mesa, AZ, 85201

YEAR BUILT

1980

# STORIES

3

# TOTAL UNITS

98

UNIT SIZE RANGE

638-1,359 sqft

Description

540 N May is located in Mesa, Arizona, near the intersection of South Alma School Road and West University Drive. The building has a low-rise structure with 3 stories and 97 condominium units. Constructed in 1980, it features mountain views that enhance the living experience. Unit sizes in this building range from 638 to 1,359 square feet. The units come with 1 to 3 bedrooms, catering to various needs. Prices for units range from $312,500 to $330,000. Over the past year, the average closed price was about $205,417, with a lowest sold price around $168,000. The average price per square foot comes in at $259. The building features numerous amenities. Residents enjoy access to a community pool, a clubhouse, and a fitness center. There are tennis courts and a playground as well. This setting encourages an active lifestyle. Spaces for grilling and green common areas contribute to the community feel. Nearby options for dining include Susie's Mexican Cafe and Lunch, along with The Woodshed II. Grocery needs can be met at ExtraMile. The location is near Arizona State University and Sloan Park, where the Cubs have their spring training. Tempe Marketplace and Mesa Riverview add more shopping choices. Access to public transit, including light rail, makes getting around straightforward. The Loop 101 and 202 Freeways are also close, so travel to nearby areas is quick. The proximity to Tempe Town Lake and Riverview Park offers recreational opportunities, appealing to nature lovers. Overall, this low-rise condominium building combines comfort and community living. The range of unit sizes, along with the selection of amenities, makes it a practical option in a vibrant area.

Next

Description

540 N May is located in Mesa, Arizona, near the intersection of South Alma School Road and West University Drive. The building has a low-rise structure with 3 stories and 97 condominium units. Constructed in 1980, it features mountain views that enhance the living experience. Unit sizes in this building range from 638 to 1,359 square feet. The units come with 1 to 3 bedrooms, catering to various needs. Prices for units range from $312,500 to $330,000. Over the past year, the average closed price was about $205,417, with a lowest sold price around $168,000. The average price per square foot comes in at $259. The building features numerous amenities. Residents enjoy access to a community pool, a clubhouse, and a fitness center. There are tennis courts and a playground as well. This setting encourages an active lifestyle. Spaces for grilling and green common areas contribute to the community feel. Nearby options for dining include Susie's Mexican Cafe and Lunch, along with The Woodshed II. Grocery needs can be met at ExtraMile. The location is near Arizona State University and Sloan Park, where the Cubs have their spring training. Tempe Marketplace and Mesa Riverview add more shopping choices. Access to public transit, including light rail, makes getting around straightforward. The Loop 101 and 202 Freeways are also close, so travel to nearby areas is quick. The proximity to Tempe Town Lake and Riverview Park offers recreational opportunities, appealing to nature lovers. Overall, this low-rise condominium building combines comfort and community living. The range of unit sizes, along with the selection of amenities, makes it a practical option in a vibrant area.

540 N May Market Stats Last 12 months

Avg. Listed Price$210,699($252/Sqft.)
Avg. Sale Price$205,417($249/Sqft.)
Year over year list priceDown Arrow17.04%
Year over year sale priceDown Arrow 18.40%
Total Listings7 Listed
Total sold6 Sold
Average Days on Market73 days
Average HOA fees per sqft$4 /monthly
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Market Stats

Year over year list priceDown Arrow17.04%
Year over year sale priceDown Arrow18.40%
Total Listings7 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

Living at 540 N May means taking advantage of fantastic amenities designed to enhance your lifestyle. Whether you're a fitness enthusiast or someone who enjoys outdoor activities, you’ll appreciate the well-equipped fitness center and the inviting tennis courts available right on site. The clubhouse serves as a social hub where you can meet neighbors and share experiences, while the playground offers a space for friends and families to enjoy some fresh air and fun. If you're keen on staying active, you can even engage with the racquetball courts. Not to mention, there's potential for rental opportunities, adding an extra layer of flexibility for residents.

Next

Amenities Description

Living at 540 N May means taking advantage of fantastic amenities designed to enhance your lifestyle. Whether you're a fitness enthusiast or someone who enjoys outdoor activities, you’ll appreciate the well-equipped fitness center and the inviting tennis courts available right on site. The clubhouse serves as a social hub where you can meet neighbors and share experiences, while the playground offers a space for friends and families to enjoy some fresh air and fun. If you're keen on staying active, you can even engage with the racquetball courts. Not to mention, there's potential for rental opportunities, adding an extra layer of flexibility for residents.

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
Next

Amenities

Barbecue

Barbecue

Fitness Center

Fitness Center

Security System

Security System

Laundry Facilities

Laundry Facilities

Tennis Court(s)

Tennis Court(s)

Balcony

Balcony

Policies

Residing in this charming condo brings a sense of community and shared responsibility. Understanding the building policies is crucial for a smooth living experience, and 540 N May prides itself on fostering a thoughtful environment for its residents.

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 St$244/sqft.$4 /sqft.
602 N May St$341/sqft.$4 /sqft.
555 N May$321/sqft.$5 /sqft.
280 S Evergreen Rd$344/sqft.$5 /sqft.
601 N May St$321/sqft.$5 /sqft.

Nearby Schools

540 N May is situated close to local schools in , Mesa. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

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
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

540 N May is situated close to local schools in , Mesa. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

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 is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Mesa. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

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 is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Mesa. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

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

1.88 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

1.4 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

1.23 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

Age Demographics

0–14 Years

15.79%

15–29 Years

31.81%

30–44 Years

26.63%

45–59 Years

13.4%

60+ Years

12.37%

Commute

3.17%

Transit

1.69%

Walk

83.67%

Drive

1.6%

Bike

Housing Ownership

40.57%

Owner Occupied

59.43%

Rental Units

Household Types

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

Average Income

Household:$5,293,357.77 /yr

Individual:$3,100,490.02 /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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ZIP Codes
850198502185024
8511885128851928519385203852538525785262852968532285326853398534585355853748562385631
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3006 North 37th Street4935 Thomas Road EastAbby Lane
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