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  3. Mesa, AZ
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  5. 540 N May St
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540 N May St

540 N May St, Mesa, AZ, 85201

YEAR BUILT

1981

# STORIES

1

# TOTAL UNITS

88

UNIT SIZE RANGE

638-1,359 sqft

Description

540 N May St sits in Mesa, Arizona, near the intersection of South Mill Avenue and East University Drive. The building lies close to the Salt River, and residents enjoy mountain views from many units. This location provides good access to major freeways 101 and 202 for fast travel. The building has one story and consists of 88 condominium units. It was built in 1981, showcasing a low-rise structure. Unit sizes range from 638 square feet to 1,359 square feet. There are 1, 2, and 3-bedroom options available. Prices for units range from $312,500 to $330,000, with an average closed price around $210,000. The average price per square foot is $244. Amenities enhance life at the building. There is RV parking, a club house, a playground, and tennis courts. Residents can take advantage of the community pools as well. Nearby dining includes Susie's Mexican Cafe and The Woodshed II, while ExtraMile serves grocery needs. Units stay on the market for about 181 days on average. The property supports diverse living options and activities with its split floorplan layout. Ground floor units may offer larger private patios, giving additional outdoor space for enjoyment. Each unit may include indoor laundry areas for added convenience. The location near the Mesa/Tempe border allows easy access to local attractions. It’s a short drive to Cubs Spring Training Stadium, Arizona State University, Tempe Marketplace, and Mesa Riverview. This building combines comfortable living with nearby amenities and recreational opportunities.

Building ImageMLS ID #6934609
Building ImageMLS ID #6934609
Building ImageView Listing

540 N May St

540 N May St, Mesa, AZ, 85201

YEAR BUILT

1981

# STORIES

1

# TOTAL UNITS

88

UNIT SIZE RANGE

638-1,359 sqft

Description

540 N May St sits in Mesa, Arizona, near the intersection of South Mill Avenue and East University Drive. The building lies close to the Salt River, and residents enjoy mountain views from many units. This location provides good access to major freeways 101 and 202 for fast travel. The building has one story and consists of 88 condominium units. It was built in 1981, showcasing a low-rise structure. Unit sizes range from 638 square feet to 1,359 square feet. There are 1, 2, and 3-bedroom options available. Prices for units range from $312,500 to $330,000, with an average closed price around $210,000. The average price per square foot is $244. Amenities enhance life at the building. There is RV parking, a club house, a playground, and tennis courts. Residents can take advantage of the community pools as well. Nearby dining includes Susie's Mexican Cafe and The Woodshed II, while ExtraMile serves grocery needs. Units stay on the market for about 181 days on average. The property supports diverse living options and activities with its split floorplan layout. Ground floor units may offer larger private patios, giving additional outdoor space for enjoyment. Each unit may include indoor laundry areas for added convenience. The location near the Mesa/Tempe border allows easy access to local attractions. It’s a short drive to Cubs Spring Training Stadium, Arizona State University, Tempe Marketplace, and Mesa Riverview. This building combines comfortable living with nearby amenities and recreational opportunities.

Next

Description

540 N May St sits in Mesa, Arizona, near the intersection of South Mill Avenue and East University Drive. The building lies close to the Salt River, and residents enjoy mountain views from many units. This location provides good access to major freeways 101 and 202 for fast travel. The building has one story and consists of 88 condominium units. It was built in 1981, showcasing a low-rise structure. Unit sizes range from 638 square feet to 1,359 square feet. There are 1, 2, and 3-bedroom options available. Prices for units range from $312,500 to $330,000, with an average closed price around $210,000. The average price per square foot is $244. Amenities enhance life at the building. There is RV parking, a club house, a playground, and tennis courts. Residents can take advantage of the community pools as well. Nearby dining includes Susie's Mexican Cafe and The Woodshed II, while ExtraMile serves grocery needs. Units stay on the market for about 181 days on average. The property supports diverse living options and activities with its split floorplan layout. Ground floor units may offer larger private patios, giving additional outdoor space for enjoyment. Each unit may include indoor laundry areas for added convenience. The location near the Mesa/Tempe border allows easy access to local attractions. It’s a short drive to Cubs Spring Training Stadium, Arizona State University, Tempe Marketplace, and Mesa Riverview. This building combines comfortable living with nearby amenities and recreational opportunities.

540 N May St Market Stats Last 12 months

Avg. Listed Price$202,500($243/Sqft.)
Avg. Sale Price$210,000($244/Sqft.)
Year over year list priceDown Arrow17.82%
Year over year sale priceDown Arrow 12.74%
Total Listings4 Listed
Total sold5 Sold
Average Days on Market181 days
Average HOA fees per sqft$4 /monthly
Next

Market Stats

Year over year list priceDown Arrow17.82%
Year over year sale priceDown Arrow12.74%
Total Listings4 Listed
Total sold5 Sold
Average Days on Market181 days
Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
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

Low
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 St 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 makes condo living at 540 N May St even more appealing are the fantastic amenities at your disposal. For those who enjoy an active lifestyle, there are tennis courts and racquetball options. Families and young buyers will appreciate the playground, where future memories can unfold. Plus, if you own an RV, you'll love the RV parking and the flexibility it offers. Want to host gatherings? The club house serves as a perfect venue for your next get-together, making this community even more engaging and enjoyable.

Next

Amenities Description

What makes condo living at 540 N May St even more appealing are the fantastic amenities at your disposal. For those who enjoy an active lifestyle, there are tennis courts and racquetball options. Families and young buyers will appreciate the playground, where future memories can unfold. Plus, if you own an RV, you'll love the RV parking and the flexibility it offers. Want to host gatherings? The club house serves as a perfect venue for your next get-together, making this community even more engaging and enjoyable.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Security Guard

Security Guard

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Balcony

Balcony

Policies

While detailed building policies aren’t specified, it's good to know that rentals are typically allowed here at 540 N May St. This can be a significant advantage for first-time buyers who may be considering future investment opportunities or those who want flexibility in their living arrangements.

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 St$244/sqft.$4 /sqft.
540 N May$259/sqft.$4 /sqft.
602 N May St$320/sqft.$4 /sqft.
555 N May$321/sqft.$5 /sqft.
601 N May St$321/sqft.$5 /sqft.
280 S Evergreen Rd$344/sqft.$5 /sqft.

Nearby Schools

Discover top-rated schools located close to 540 N May St.

Webster Elementary School

D
Public|Grades PK–6
202 N Sycamore|0.9 miles away

Thew Elementary School

D
Public|Grades KG–5
2130 E Howe Ave|1.14 miles away

Whittier Elementary School

C-
Public|Grades PK–6
733 N Longmore|1.22 miles away

The Aces-Tempe

--
Private|Grades KG–12
1515 S Indian Bend...|1.29 miles away

Tempe Montessori School Ltd

--
Private|Grades PK–5
410 S El Dorado|1.52 miles away

Evit - East Valley Institute of Technology

--
Public|Grades 9–12
1601 W Main St|1.56 miles away
Next

Schools

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|1.14 Miles Away

Whittier Elementary School

C-
Public|Grades PK–6
733 N Longmore|1.22 Miles Away

The Aces-Tempe

--
Private|Grades KG–12
1515 S Indian Bend...|1.29 Miles Away

Tempe Montessori School Ltd

--
Private|Grades PK–5
410 S El Dorado|1.52 Miles Away

Evit - East Valley Institute of Technology

--
Public|Grades 9–12
1601 W Main St|1.56 Miles Away

Esperanza Preparatory

--
Public|Grades KG–8
1938 E Apache Blvd|1.60 Miles Away

The French American Academy of Arizona

--
Public|Grades KG–5
2222 S Price Rd|1.92 Miles Away

Carson Junior High School

D+
Public|Grades 7–8
525 N Westwood|2.08 Miles Away

Connolly Middle School

C
Public|Grades 6–8
2002 E Concorda Dr|2.09 Miles Away

Roosevelt Elementary School

D+
Public|Grades PK–6
828 S Valencia|2.10 Miles Away

Emerson Elementary School

C-
Public|Grades PK–6
415 N Westwood|2.10 Miles Away

Evit - Westwood High School

--
Public|Grades 9–12
945 W Rio Salado P...|2.19 Miles Away

Westwood High School

C-
Public|Grades 9–12
945 W Rio Salado P...|2.20 Miles Away

Adams Elementary School

C
Public|Grades PK–6
738 S Longmore|2.22 Miles Away

Curry Elementary School

C
Public|Grades KG–5
1974 E Meadow Dr|2.25 Miles Away

Educational Models for Learning Arizona

--
Public|Grades 9–12
1525 E Apache Blvd|2.34 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

George Dr & University Dr (Flag Zone)

0.48 miles away|10 min walk

Dobson Rd & Decatur St

0.5 miles away|10 min walk

Evergreen Rd & 10th St (Flag Zone)

0.52 miles away|10 min walk

Dobson Rd & University Dr

0.55 miles away|11 min walk

Dobson Rd & Rio Salado Pkwy

0.7 miles away|14 min walk

Dobson Rd & 2nd St

0.73 miles away|14 min walk
Next

Transit

George Dr & University Dr (Flag Zone)

0.48 miles away|10 min walk

Dobson Rd & Decatur St

0.5 miles away|10 min walk

Evergreen Rd & 10th St (Flag Zone)

0.52 miles away|10 min walk

Dobson Rd & University Dr

0.55 miles away|11 min walk

Dobson Rd & Rio Salado Pkwy

0.7 miles away|14 min walk

Dobson Rd & 2nd St

0.73 miles away|14 min walk

Dobson Rd & Main St

0.9 miles away|18 min walk

Escalante Center

0.99 miles away|20 min walk

Dobson Rd & 1st Av

1.12 miles away|22 min walk

Bass Pro Dr & Dobson Rd

1.22 miles away|24 min walk

10th St & Smith Rd (Flag Zone)

1.4 miles away|27 min walk

Broadway Rd & Valencia

1.42 miles away|28 min walk

Broadway Rd & Roosevelt Rd

1.43 miles away|28 min walk

Broadway Rd & 2145 West

1.46 miles away|28 min walk

Dobson Rd & Broadway Rd

1.47 miles away|29 min walk

Broadway Rd & El Dorado

1.48 miles away|29 min walk

Broadway Rd & Dobson Rd

1.48 miles away|29 min walk

Broadway Rd & Cottonwood Dr

1.53 miles away|30 min walk

Broadway Rd & Price Rd

1.53 miles away|30 min walk

Broadway Rd & 2100 East

1.61 miles away|31 min walk

Broadway Rd & 1820 West

1.64 miles away|32 min walk

Broadway Rd & Saguaro

1.73 miles away|34 min walk

Alma School Rd & 7th St

1.75 miles away|34 min walk

Alma School Rd & University Dr

1.75 miles away|34 min walk

Alma School Rd & Rio Salado Pkwy

1.77 miles away|34 min walk

Broadway Rd & Longmore

1.78 miles away|35 min walk

Broadway Rd & River Dr

1.8 miles away|35 min walk

Alma School Rd & 2nd St

1.8 miles away|35 min walk

Dobson Rd & 701 South

1.84 miles away|36 min walk

Dobson Rd & 600 South

1.86 miles away|36 min walk

Alma School Rd & Mountain View Dr

1.89 miles away|37 min walk

Alma School Rd & 10th St

1.9 miles away|37 min walk

Alma School Rd & Main St

1.91 miles away|37 min walk

Broadway Rd & Country Club Wy

1.92 miles away|37 min walk

8th St & McClintock Dr

1.97 miles away|38 min walk

Alma School/Main St

1.98 miles away|38 min walk

Alma School Rd & Bass Pro Dr

1.99 miles away|39 min walk

Broadway Rd & Standage

2.03 miles away|39 min walk

Concorda Dr & River Dr

2.06 miles away|40 min walk

8th Av & Dobson Rd (Flag Zone)

2.09 miles away|41 min walk

Broadway Rd & Los Feliz Dr

2.11 miles away|41 min walk

Dobson Rd & 8th Av

2.11 miles away|41 min walk

8th St & Una Av

2.19 miles away|42 min walk

Broadway Rd & Alma School Rd

2.2 miles away|43 min walk

Alma School Rd & Broadway Rd

2.23 miles away|43 min walk

Emelita Av & Dobson Rd (Flag Zone)

2.26 miles away|44 min walk

Emelita Av & Sycamore (Flag Zone)

2.33 miles away|45 min walk

Broadway Rd & McClintock Dr

2.35 miles away|45 min walk

Dobson Rd & Emerald Av

2.36 miles away|46 min walk

Curry Rd & McClintock Dr

2.37 miles away|46 min walk

The Neighbourhood: 540 N May St

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540 N May St Demographics

Age Demographics

0–14 Years

15.82%

15–29 Years

32.28%

30–44 Years

26.38%

45–59 Years

13.27%

60+ Years

12.24%

Commute

3.26%

Transit

1.82%

Walk

83.28%

Drive

1.61%

Bike

Housing Ownership

39.56%

Owner Occupied

60.44%

Rental Units

Household Types

Single Family
26.48%
Multi Family
7.84%
Single Person
32.61%
Multi Person
67.39%

Average Income

Household:$5,261,563.77 /yr

Individual:$3,075,676.24 /yr

Education

Bachelors Degree16.88%
High School College25.39%
Diploma9.63%
Post Graduate8.23%
Others39.88%
Next

Education

Diploma9.63%
Post Graduate8.23%
Others39.88%
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  2. /Mesa, AZ
  3. /
    540 N May St
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