15427 N Jerry St, Surprise, AZ 85378

Multifamily · Surprise · Phoenix metro, AZ

One of 93 reachable multifamily buildings in Surprise. Larger than 45% of multifamily buildings in Surprise (median 70,097 SF), derived from assessor records.

County gross building area: 14,770 SF, Maricopa County Assessor
Lot size: 24,817 SF, Maricopa County Assessor
Year built: 1987, Maricopa County Assessor
Stories: 2, Maricopa County Assessor
Buildings on parcel: 3, Maricopa County Assessor
Predominant use: Apartments 25 - 99 Units 2 Story, Maricopa County Assessor
Units: 34, Maricopa County Assessor
Assessed value: $2,540,700, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF: $172.02/SF, derived from assessor records
Building area / lot: 0.6, 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.

15415 N Jerry St, Surprise · 0 mi · 5,550 SF · built 1987 · assessed $172.54/SF
15601 N Sunny Ln, Surprise · 0.6 mi · 4,384 SF · built 1986 · assessed $219.94/SF

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Sale history and market context

MakeMe Estimate: $3.21M (estimated market value), with a likely range of $2.56M to $3.8M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $2,540,700 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 $94K per unit at the midpoint (34 units).

lower confidence: parcel-level comparable support is thin; treat the estimate as a starting point.

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.

2021-03-01: $5,000,000 from Upswing Enterprises LLC to Fairflock 10th LP (part of a 3-parcel sale; price is the whole deal), rec. 210531955

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

Value over time

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.