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505 Cahan Dr

Morristown, AZ 85342

3 bd 2 ba 1,000 sqft Built 2021 Lot 7,551 sqft single_family
Most recent sale
$224,990
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $224,990 Public Record
Mar 30, 2022 Sold $224,990 MLS #6299265
Sep 27, 2021 Listed $224,990 MLS #6299265
May 10, 2021 Sold $400,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $1,005 $1,005 $112
2020 $795 $795 $105
2019 $660 $660 $101
2018 $615 $615 $109
2017 $585 $585 $108
2016 $690 $690 $117
2015 $768 $768 $102
2014 $640 $640 $77
2012 $640 $640 $99
2011 $640 $640 $199
2009 $3,520 $3,520 $261
2008 $4,320 $4,320 $249
2007 $3,120 $3,120 $258

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,000 sqft
Lot size
7,551 sqft
ZIP code
85342
City
Morristown
Street
Cahan Dr
Coordinates
33.81722, -112.58525

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,550
Gross rental yield
8.27%
Implied cap rate
5.37%
Trend-extrapolated value

Frequently asked questions

When did 505 Cahan Dr last sell?
505 Cahan Dr most recently sold on Mar 30, 2022 for $224,990.
What is the current tax assessment for 505 Cahan Dr?
The most recent total assessment for 505 Cahan Dr (year 2022) is $1,005 with $112 in property tax.
How does 505 Cahan Dr's assessment compare to its last sale price?
The current assessment is 99.6% below the last sale price of $224,990.
When was 505 Cahan Dr built?
505 Cahan Dr was built in 2021.
How does 505 Cahan Dr compare to others on Cahan Dr?
We track 8 other properties on Cahan Dr. Browse the list under "Other properties on Cahan Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Cahan Dr?
505 Cahan Dr is a 3 bed, 2 bath, 1,000 sqft, 7,551 sqft lot single_family.
Is 505 Cahan Dr a flip candidate?
No — 505 Cahan Dr does not appear in our flips dataset.
Is 505 Cahan Dr a tax-appeal candidate?
No — 505 Cahan Dr 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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