$390,000
SOLD MAY 13, 2021

8131 W Serena Dr Arizona City, AZ 85123

-- Bed
-- Bath
3,360 Sq Ft
0.28 Acres

Recently Sold

$116 Per Sq Ft

2% Below List Price

27 Days on Market

About This Home

As of May 2021

This is not just an ordinary 4-plex in the heart of
Arizona City! Seller has taken great pride in the
building of this 4-plex along with caring for the
units as tenants moved out. Each unit is a 2 Bed, 1
Bath with 840 sf each. This is one of the nicest
4-plexes in the area. Come drive by today! The City
of Casa Grande neighboring town has a new electric
car company (Lucid Motors). Soon the plant should be making Lucid Air, luxury high performance electric
cars are expected on the market Spring 2021. This
changes the infrastructure in the area and will
bring job growth. 20 minutes from AZ City we have
Nikola an electric Hybrid Semi Truck plant that has
broken ground in Coolidge Multi-Product Factory will
generate more than 1,800 new full-time positions.
Lots to look forward to

Last Agent to Sell the Property

Daniela Rubio

Better Homes & Gardens Real Estate SJ Fowler License #SA662518000 Listed on: 03/03/2021

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000

Last Buyer's Agent

Michael Smith

Barrett Real Estate License #BR635584000

Barrett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 2006

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Schools

  • Arizona City Elementary School
  • Casa Grande Union High Middle School
  • Casa Grande Union High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • The owner pays for sewer
  • Tax Lot 1149
  • Assessor Parcel Number 406-02-099

Community Details

Overview

  • 4 Units
  • Building Dimensions are 100 X 120
  • Arizona City Unit 2 Subdivision

Building Details

  • Operating Expense $5,760
  • Gross Income $30,210
  • Net Operating Income $24,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,760

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Overfield
  • Legal Info Range: 07E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: ARIZONA CITY UNIT 2
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Arizona City Elementary School
  • High School: Casa Grande Union High School
  • Junior High Dist: Casa Grande Union High School District
  • Middle Or Junior School: Casa Grande Union High School

Lot Info

  • Lot Size: 100 X 120
  • Additional Parcels: No
  • Parcel #: 406-02-099

Multi Family

  • Owner Pays: Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 30210.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 24450.0
  • Annual Operating Expense: 5760.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1760.0
  • Tax Book Number: 406.00
  • Tax Lot: 1149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Jain Anurag and Jain Deepa
Bought by
Kubera Llc

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 13, 2021
Sold by
Maddala Nagavally
Bought by
Jain Anurag and Jain Deepa
Seller's Agent
Daniela Rubio
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$276,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2017
Sold by
Vansickle Craig and Vansickle Vickilyn
Bought by
Maddala Nagavalley

Purchase Details

Closed on
Aug 28, 2012
Sold by
Stearns Bank Na
Bought by
Vansickle Craig and Vansickle Vickilyn

Purchase Details

Closed on
Apr 4, 2012
Sold by
Federal Deposit Insurance Corporation
Bought by
Steans Bank National Association

Purchase Details

Closed on
Dec 7, 2009
Sold by
Duron Ramon E and Duron Jacquelyn C
Bought by
Copper Star Bank

Purchase Details

Closed on
Sep 23, 2005
Sold by
Astos Jim
Bought by
Duron Ramon E and Duron Jacquelyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Aston Ina L
Bought by
Aston Jim

Purchase Details

Closed on
Jun 23, 2005
Sold by
Small Eugene R
Bought by
Aston Jim
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $390,000 Pioneer Title Agency Inc
Warranty Deed $140,000 First Arizona Title Agency
Cash Sale Deed $75,000 Fidelity National Title Agen
Receivers Deed -- None Available
Trustee Deed $224,096 Stewart Title & Trust Of Pho
Warranty Deed $230,000 Transnation Title
Interfamily Deed Transfer -- Transnation Title
Cash Sale Deed $25,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $276,250 New Conventional
Previous Owner $255,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 For Sale $575,000 +47.4% --
05/13/2021 05/13/21 Sold $390,000 -2.5% $116 / Sq Ft
05/08/2021 05/08/21 For Sale $400,000 0.0% $119 / Sq Ft
05/08/2021 05/08/21 Price Changed $400,000 0.0% $119 / Sq Ft
03/03/2021 03/03/21 For Sale $400,000 -- $119 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,804 $31,921 -- --
2024 $1,741 $36,570 -- --
2023 $1,787 $26,165 $1,680 $24,485
2022 $1,741 $17,076 $780 $16,296
2021 $1,818 $15,433 $0 $0
2020 $1,760 $15,680 $0 $0
2019 $1,683 $14,131 $0 $0
2018 $1,648 $12,126 $0 $0
2017 $1,686 $11,525 $0 $0
2016 $1,848 $11,726 $340 $11,386
2014 -- $8,132 $340 $7,792
Source: Public Records

Agents Affiliated with this Home

  • Michael Smith

    Seller's Agent in 2025

    Michael Smith

    Barrett Real Estate

    (480) 694-2564

    3 in this area

    182 Total Sales

    Michael Smith
    Section Image

  • K

    Seller Co-Listing Agent in 2025

    Kathleen Smith

    Barrett Real Estate

    (480) 967-1333

    76 Total Sales

    Kathleen Smith
    Section Image
  • Daniela Rubio

    Seller's Agent in 2021

    Daniela Rubio

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    3 in this area

    63 Total Sales

    Daniela Rubio
    Section Image
  • Laura Good

    Seller Co-Listing Agent in 2021

    Laura Good

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    3 in this area

    44 Total Sales

    Laura Good
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6202133

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-02-099

Arizona Pinal County Arizona City 85123

8131 W Serena Dr, Arizona City, AZ

This home is located at 8131 W Serena Dr, Arizona City, AZ 85123 and is currently priced at $390,000, approximately $116 per square foot. This property was built in 2006. 8131 W Serena Dr is a home located in Pinal County with nearby schools including Arizona City Elementary School and Toltec Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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