434 W Reizen Dr, Morristown, AZ 85342

Multifamily · Morristown · Phoenix metro, AZ

One of 7 reachable multifamily buildings in Morristown.

County gross building area
1,152 SF, Maricopa County Assessor
Lot size
6,000 SF, Maricopa County Assessor
Year built
1959, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Predominant use
Duplex - 1 Duplex Building, Maricopa County Assessor
Assessed value
$190,100, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$165.02/SF, derived from assessor records
Building area / lot
0.19, derived from assessor records
Vintage
1950s vintage
County use code
DUPLEX - 1 DUPLEX BUILDING

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: $240K (estimated market value), with a likely range of $192K to $285K (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $190,100 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.

lower confidence: 0 comparable sales within 3 miles; nearest 13.5 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. Buyer and seller names are withheld. Get this data via API.

Current ownership dates to 2013 (about 13 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$100K$200K$300K$400K20262027$240K$190KCounty 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 $209,500 (2026) to $190,100 (2027), down 9% over 1 years, per county tax rolls. The 2027 roll splits $190,100 into $38,000 land and $152,100 improvements.