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40518 251st Ave

Morristown, AZ 85342

3 bd 2 ba 1,456 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
Apr 6, 2022 Sold $225,000 MLS #6348935
Feb 7, 2022 Price changed $267,000 MLS #6348935
Feb 2, 2022 Price changed $266,000 MLS #6348935
Jan 31, 2022 Listed $265,400 MLS #6348935
Feb 28, 2006 Sold $160,000 Public Record
Sep 16, 2005 Sold $110,000 Public Record
Nov 4, 1998 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $4,450 $4,540 $8,990 $761
2021 $4,430 $4,230 $8,660 $873
2020 $4,470 $4,370 $8,840 $882
2018 $4,990 $2,750 $7,740 $853
2017 $4,450 $2,650 $7,100 $835
2016 $4,560 $2,010 $6,570 $789
2015 $4,580 $1,310 $5,890 $760
2014 $4,540 $890 $5,430 $558
2013 $4,537 $750 $5,287 $553
2012 $5,500 $700 $6,200 $590
2011 $5,609 $1,050 $6,659 $611
2009 $5,570 $11,200 $16,770 $871
2008 $5,570 $11,200 $16,770 $738
2007 $5,536 $4,500 $10,036 $703

Property facts

Year built
1999
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
56,192 sqft
ZIP code
85342
City
Morristown
Street
251st Ave
Coordinates
33.85069, -112.60511

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,257
Gross rental yield
12.04%
Implied cap rate
7.82%
Trend-extrapolated value

Frequently asked questions

When did 40518 251st Ave last sell?
40518 251st Ave most recently sold on Apr 6, 2022 for $225,000.
What is the current tax assessment for 40518 251st Ave?
The most recent total assessment for 40518 251st Ave (year 2022) is $8,990 with $761 in property tax.
How does 40518 251st Ave's assessment compare to its last sale price?
The current assessment is 96.0% below the last sale price of $225,000.
When was 40518 251st Ave built?
40518 251st Ave was built in 1999.
How does 40518 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 40518 251st Ave?
40518 251st Ave is a 3 bed, 2 bath, 1,456 sqft, 56,192 sqft lot mobile.
Is 40518 251st Ave a flip candidate?
No — 40518 251st Ave does not appear in our flips dataset.
Is 40518 251st Ave a tax-appeal candidate?
No — 40518 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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