15427 N Jerry St, Surprise, AZ 85378

Multifamily · Surprise · Phoenix metro, AZ

One of 93 reachable multifamily buildings in Surprise. Larger than 41% of multifamily buildings in Surprise (median 70,097 SF), derived from assessor records.

County gross building area
5,550 SF, Maricopa County Assessor
Lot size
24,565 SF, Maricopa County Assessor
Year built
1987, Maricopa County Assessor
Stories
2, Maricopa County Assessor
Predominant use
Apartments 25 - 99 Units 2 Story, Maricopa County Assessor
Units
34, Maricopa County Assessor
Assessed value
$1,132,600, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$204.07/SF, derived from assessor records
Building area / lot
0.23, derived from assessor records
Vintage
1980s vintage
County use code
APARTMENTS 25 - 99 UNITS 2 STORY

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate: $1.43M (estimated market value), with a likely range of $1.14M to $1.7M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $1,132,600 times a 1.26 market ratio, measured from 3891 verified arm's-length sale prices vs county values (multifamily sales across the county, through 2026-06-29). Not an appraisal. How this estimate works. About $42K per unit at the midpoint (34 units).

lower confidence: 6 comparable sales within 3 miles; nearest 0.7 mi. This property type carries wider measured error; treat the estimate as a starting point.

Comparable sales used as evidence

Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 6 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.

Market context: Multifamily in Surprise

4 sales in the last 12 months and 6 in 24 (newest verified sale 2026-01).

Computed from 44 verified arm's-length sales in Maricopa County public records (6 in the trailing 24 months). Free public records. Not an appraisal.

Current ownership dates to 2021 (about 5 years) per recorded transfers.

Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$500K$1M$1.5M$2M20262027$1.43M$1.13MCounty assessed valueMakeMe Estimate range

Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $1,204,900 (2026) to $1,132,600 (2027), down 6% over 1 years, per county tax rolls. The 2027 roll splits $1,132,600 into $288,300 land and $844,300 improvements.