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40514 251st Ave

Morristown, AZ 85342

2 bd 2 ba 1,165 sqft Built 1999 Lot 56,192 sqft mobile
Most recent sale
$225,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 8, 2023 Listing removed ArizonaRegionalMLS
Sep 28, 2022 Listed $450,000 ArizonaRegionalMLS
Apr 6, 2022 Sold $225,000 MLS #6348934
Mar 19, 2022 Price changed $262,000 MLS #6348934
Mar 2, 2022 Relisted $261,000 MLS #6348934
Feb 6, 2022 Listing removed ArizonaRegionalMLS
Feb 2, 2022 Price changed $261,000 MLS #6348934
Jan 31, 2022 Listed $260,400 MLS #6348934
Dec 15, 2005 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $3,140 $4,230 $7,370 $575
2021 $3,140 $4,230 $7,370 $659
2020 $3,180 $4,370 $7,550 $666
2018 $3,630 $2,750 $6,380 $644
2017 $3,160 $2,650 $5,810 $630
2016 $3,230 $2,010 $5,240 $595
2015 $3,240 $1,310 $4,550 $655
2014 $3,210 $890 $4,100 $496
2013 $3,197 $750 $3,947 $483
2012 $3,803 $700 $4,503 $486
2011 $3,873 $1,050 $4,923 $452
2009 $3,813 $11,200 $15,013 $758
2008 $3,813 $11,200 $15,013 $633
2007 $3,782 $4,500 $8,282 $561

Property facts

Year built
1999
Property type
mobile
Stories
1
Beds
2
Baths
2
Living area
1,165 sqft
Lot size
56,192 sqft
ZIP code
85342
City
Morristown
Street
251st Ave
Coordinates
33.85069, -112.60455

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,806
Gross rental yield
9.63%
Implied cap rate
6.26%
Trend-extrapolated value

Frequently asked questions

When did 40514 251st Ave last sell?
40514 251st Ave most recently sold on Apr 6, 2022 for $225,000.
What is the current tax assessment for 40514 251st Ave?
The most recent total assessment for 40514 251st Ave (year 2022) is $7,370 with $575 in property tax.
How does 40514 251st Ave's assessment compare to its last sale price?
The current assessment is 96.7% below the last sale price of $225,000.
When was 40514 251st Ave built?
40514 251st Ave was built in 1999.
How does 40514 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 40514 251st Ave?
40514 251st Ave is a 2 bed, 2 bath, 1,165 sqft, 56,192 sqft lot mobile.
Is 40514 251st Ave a flip candidate?
No — 40514 251st Ave does not appear in our flips dataset.
Is 40514 251st Ave a tax-appeal candidate?
No — 40514 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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