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40406 251st Ave

Morristown, AZ 85342

3 bd 2 ba 1,560 sqft Built 2006 Lot 56,192 sqft single_family
Most recent sale
$549,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $549,000 MLS #6362205
Mar 4, 2022 Listed $549,000 MLS #6362205
Oct 26, 2012 Sold $158,500 Public Record
Sep 10, 2012 Listed $156,600 MLS #4816485
Apr 3, 2006 Sold $257,000 Public Record
Feb 18, 2005 Sold $38,500 Public Record
May 29, 2002 Sold $28,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $19,450 $4,860 $24,310 $1,217
2021 $16,970 $4,240 $21,210 $1,395
2020 $17,430 $4,350 $21,780 $1,409
2019 $14,740 $3,680 $18,420 $1,287
2018 $11,950 $2,980 $14,930 $1,364
2017 $10,270 $2,560 $12,830 $1,334
2016 $10,900 $2,720 $13,620 $1,261
2015 $10,560 $2,640 $13,200 $1,387
2014 $6,950 $1,730 $8,680 $1,051
2013 $7,200 $1,800 $9,000 $1,102
2012 $7,620 $1,900 $9,520 $1,028
2011 $9,080 $2,270 $11,350 $1,187
2009 $12,470 $3,110 $15,580 $1,067
2008 $13,480 $3,370 $16,850 $944
2007 $6,240 $6,240 $417

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
56,192 sqft
ZIP code
85342
City
Morristown
Street
251st Ave
Coordinates
33.84978, -112.60343

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,418
Gross rental yield
5.29%
Implied cap rate
3.44%
Trend-extrapolated value

Frequently asked questions

When did 40406 251st Ave last sell?
40406 251st Ave most recently sold on Apr 15, 2022 for $549,000.
What is the current tax assessment for 40406 251st Ave?
The most recent total assessment for 40406 251st Ave (year 2022) is $24,310 with $1,217 in property tax.
How does 40406 251st Ave's assessment compare to its last sale price?
The current assessment is 95.6% below the last sale price of $549,000.
When was 40406 251st Ave built?
40406 251st Ave was built in 2006.
How does 40406 251st Ave compare to others on 251st Ave?
We track 8 other properties on 251st Ave. Browse the list under "Other properties on 251st Ave" to compare beds, baths, and sale history.
What are the property facts for 40406 251st Ave?
40406 251st Ave is a 3 bed, 2 bath, 1,560 sqft, 56,192 sqft lot single_family.
Is 40406 251st Ave a flip candidate?
No — 40406 251st Ave does not appear in our flips dataset.
Is 40406 251st Ave a tax-appeal candidate?
No — 40406 251st Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+7.8%
2026 Q3
$298.8K
2026 Q4
$304K
ZIP 85342 — Median Price History + Forecast

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