NOT LISTED FOR SALE

7040 W Olive Ave Unit 21 Peoria, AZ 85345

Estimated Value: $262,000 - $279,000

2 Beds
2 Baths
1,101 Sq Ft
$258/ mo HOA Fee

Last Sold April 27, 2023

Last sale price $248,000 $225 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,720/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Centennial High School Rated A
  • Community Pool
  • 5-minute walk to Sunnyslope Park

About This Home

As of April 2023

COMING SOON! Don't miss out on this charming and spacious 2 bedrooms, and 2-bathroom condo. This unit offers ample room for relaxation, work, and play. Gorgeous tile sweeps through the home with the bedrooms boasting porcelain tile. The living area is bright and open, with plenty of natural light streaming in from large windows. The kitchen features modern appliances, plenty of counter space, and ample cabinetry for storage. Gather your family at the breakfast bar just off the kitchen for a delicious meal! Both bedrooms are generously sized, with large closets. Enjoy your morning coffee on the patio just off the primary bedroom. Step outside onto your covered patio and enjoy your beautiful surroundings and quiet community. Take a walk to the nearby Sunnyslope Dog Park or hop on the 60 for a quick commute around town! Other features of this lovely condo include a convenient in-unit laundry area, assigned covered parking, and a peaceful community pool for hot Arizona summers. The location couldn't be better, with easy access to major highways, shopping, dining, and entertainment. Don't miss your chance to make this wonderful condo your own!

Last Agent to Sell the Property

Dylan Doherty

eXp Realty License #SA687587000 Listed on: 03/23/2023

eXp Realty

Co-Listed By

Kelly Cook

Real Broker License #SA562405000

Last Buyer's Agent

Nadia Mohammed

Realty ONE Group License #SA673616000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $530

Year Built

  • Built in 1987

Lot Details

  • Desert faces the front of the property
  • No Common Walls
  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,101 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Tile Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Ira A Murphy Elementary And Middle School
  • Centennial High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 143-11-699

Community Details

Overview

  • Association fees include maintenance exterior, roof repair, insurance, water, sewer, trash, front yard maint, ground maintenance, street maintenance
  • Amcor Association, Phone Number (480) 948-5860
  • Olive Square Condominiums Phase 1 Subdivision, Model Sharp Floorplan

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$530

Year Built

Built in 1987

Lot Details

871 Sq Ft Lot

HOA Fees

$258 per month

Listing Details

  • Cross Street: 67th Ave & Olive
  • Property Type: Residential
  • Ownership: Condominium
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 258.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2022
  • Master Model: Model Sharp
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: realbr010
  • Co List Office Phone: 480-442-9868
  • Subdivision Name: OLIVE SQUARE CONDOMINIUMS PHASE 1
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 225.25
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer, Stacked Washer/Dryer
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Pantry, High Speed Internet, Vaulted Ceiling(s)
  • Living Area: 1101.0
  • Stories: 1

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: North/South Exposure, Desert Front, Grass Back
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Wood Frame, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned Parking
  • Attached Garage: No
  • Carport Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Spa Htd
  • Association Fee: 258.0
  • Association Fee Frequency: Monthly
  • Association Name: OLIVE SQUARE
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 186.5
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 258.0
  • Association Fees:Disclosure Fees HOA: 186.5
  • Association Fees:Other Fees HOA: 27.0
  • Association Fees:Other Fees Description: Document Fee Homewise
  • Association Fees:HOA Management Company: AMCOR

Fee Information

  • Association Fee Includes: Maintenance Exterior, Roof Repair, Insurance, Water, Sewer, Trash, Front Yard Maint, Maintenance Grounds, Street Maint

Schools

  • Elementary School: Ira A Murphy
  • High School: Centennial High School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Ira A Murphy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1053.0
  • Parcel #: 143-11-699

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 530.0
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 27, 2023
Sold by
White William Preston and White Twylia
Bought by
Mohammed Saif Khalid
Seller's Agent
Dylan Doherty
eXp Realty
Buyer's Agent
Nadia Mohammed
Realty ONE Group
List Price
$250,000
Sold Price
$248,000
Premium/Discount to List
-$2,000
-0.8%
Views
5
Current Estimated Value
$270,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,267
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Feb 27, 2021
Sold by
White William Preston and Butt Twylia
Bought by
White William Preston and Butt Twylia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2012
Closed on
Jan 20, 2012
Sold by
Britt Enterprises Llc
Bought by
White William
Seller's Agent
Frank Boyd
Realty Executives Arizona Territory
Buyer's Agent
Timothy Lass
Coldwell Banker Realty
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Listed on
Jan 1, 2012
Closed on
Jan 16, 2012
Sold by
Ez Homes Inc
Bought by
Britt Enterprises Llc
Seller's Agent
Frank Boyd
Realty Executives Arizona Territory
Buyer's Agent
Timothy Lass
Coldwell Banker Realty
List Price
$59,900
Sold Price
$59,900

Purchase Details

Closed on
Nov 10, 2011
Sold by
King Jennifer M
Bought by
Ez Homes Inc

Purchase Details

Closed on
Nov 1, 2011
Sold by
Ez Homes Inc
Bought by
Britt Enterprises Llc

Purchase Details

Closed on
Apr 25, 2005
Sold by
Pierce Deborah J
Bought by
King Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.74%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mohammed Saif Khalid $248,000 None Listed On Document
White William Preston -- Old Republic Title
White William $59,900 Lawyers Title Of Arizona Inc
Britt Enterprises Llc -- Lawyers Title Of Arizona Inc
Ez Homes Inc $36,500 None Available
Britt Enterprises Llc -- None Available
King Jennifer M $145,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White William Preston $140,000
Previous Owner King Jennifer M $112,000
Closed King Jennifer M $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $248,000 -0.8% $225 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $250,000 +317.4% $227 / Sq Ft
01/24/2012 01/24/12 Sold $59,900 0.0% $54 / Sq Ft View Prior Sale
01/04/2012 01/04/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $59,900 -- $54 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $659 $7,055 -- --
2024 $647 $6,719 -- --
2023 $647 $18,780 $3,750 $15,030
2022 $530 $14,810 $2,960 $11,850
2021 $567 $13,770 $2,750 $11,020
2020 $572 $12,860 $2,570 $10,290
2019 $554 $10,150 $2,030 $8,120
2018 $536 $8,470 $1,690 $6,780
2017 $536 $7,420 $1,480 $5,940
2016 $530 $7,510 $1,500 $6,010
2015 $495 $7,330 $1,460 $5,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6528646

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-11-699

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