NOT LISTED FOR SALE

7040 W Olive Ave Unit 56 Peoria, AZ 85345

Estimated Value: $244,000 - $276,000

2 Beds
2 Baths
1,006 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 15, 2012

Last sale price $48,000 $48 Per Sq Ft

Est. 447% increase in value since last sale

Current estimated payment $1,477/month

3 Days on Market

Highlights

  • Combination Dining and Living Room
  • Wrought Iron Fence
  • Patio Home
  • Centennial High School Rated A
  • Heating Available
  • 5-minute walk to Sunnyslope Park

About This Home

As of February 2012

Perfect starter home. Look for: Birch cabinets throughout, Ceramic floor tile in bathrooms and kitchen, two full bathrooms, walk-in closets in both bedrooms, community pool and spa.

Last Agent to Sell the Property

Kevin McNary

Century 21 Northwest License #SA630451000 Listed on: 12/05/2011

Last Buyer's Agent

Julie Moyemont

Realty ONE Group License #SA524332000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 1986

Lot Details

  • Wrought Iron Fence

Parking

  • 1 Carport Space

Home Design

  • Patio Home
  • Wood Frame Construction
  • Tile Roof
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 1,006 Sq Ft Home
  • Combination Dining and Living Room
  • Electric Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Ira A Murphy Elementary School
  • Ira A Murphy Middle School
  • Peoria Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • $393 per year Dock Fee
  • Association fees include common area maintenance, exterior maintenance of unit, front yard maint, garbage collection, roof repair, roof replacement, street maintenance
  • Built by DESIGN MASTER

Home Details

Home Type

Single Family

Est. Annual Taxes

$598

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Tax Municipality: Peoria
  • Cross Street: 67th Ave/Olive
  • Legal Info Lot Number: 56
  • Legal Info Range: 1E
  • Legal Info Section: 25
  • Legal Info Township: 3N
  • Property Type: A
  • Assessor Parcel Number: 734.00
  • Legal Description Abbrev: OLIVE SQUARE CONDOMINIUMS PHASE 1
  • Type: ER
  • Ownership: Fee Simple
  • Assessor Parcel Number: 143-11-734
  • HOA Association Fee: 182.00
  • HOA Fees: Y
  • Association Rules: Pets OK (See Rmrks), Prof Managed, Rental OK (See Rmks)
  • Construction Finish: Stucco
  • Dwelling Type: Patio Home
  • Encoded Features: 22R1C1S
  • Map Code Grid: M31
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Carport Spaces: 1.00
  • Parking Spaces Slab Parking Spaces: 1.00
  • Parking Spaces Total Covered Spaces: 1.00
  • Price per Sq Ft: 47.70
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1986
  • Tax Year: 2011
  • Directions: West to complex entrance, IMMEDIATELY BEFORE TRAFFIC SIGNAL AT 71ST AVE, North into complex.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Bedrooms Plus: 2.00
  • Bathrooms: 2.00
  • Laundry: Wshr/Dry HookUp Only
  • Fireplace: No Fireplace
  • Dining Area: Dining in LR/GR
  • Estimated Lot Sq Ft: 983.00
  • Estimated Sq Ft: 1006.00
  • Kitchen Features: Range/Oven Elec
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Landscaping: Gravel/Stone Front
  • Roofing: Comp Shingle, Tile
  • Fencing: Wrought Iron
  • Construction: Frame - Wood
  • Pool Private: No Pool

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Fee Include: Common Area Maint, Exterior Mnt of Unit, Front Yard Maint, Garbage Collection, Roof Repair, Roof Replacement, Street Maint

Schools

  • Elementary School: Ira A Murphy
  • Middle School: Ira A Murphy
  • High School: Peoria Elementary School
  • Elementary School: Ira A Murphy
  • High School: Peoria Elementary School
  • Jr High School: Ira A Murphy

Building Info

  • Builder Name: DESIGN MASTER

Tax Info

  • Taxes: 392.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Dargis David L and Dargis Rebecca C
Bought by
David And Rebecca Dargis Living Trust
Current Estimated Value
$262,377

Purchase Details

Listed on
Dec 5, 2011
Closed on
Feb 9, 2012
Sold by
Gamboa Raymond and Gamboa Yvonne
Bought by
Dargis David L and Dargis Rebecca C
Seller's Agent
Kevin McNary
Century 21 Northwest
Buyer's Agent
Julie Moyemont
Realty ONE Group
List Price
$48,000
Sold Price
$48,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
May 5, 2008
Sold by
Sasser Randall C and Sasser Conda D
Bought by
Gamboa Raymond and Gamboa Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2005
Sold by
Rasnick Donna L
Bought by
Sasser Randall C and Sasser Conda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2003
Sold by
Burry Emma L
Bought by
Rasnick Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 1997
Sold by
Podraza Richard and Podraza Richard N
Bought by
Rasnick Donna L and Burry Emma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1997
Sold by
Podraza Richard N and Podraza Eleanor
Bought by
Podraza Richard N
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
David And Rebecca Dargis Living Trust -- None Listed On Document
Dargis David L $48,000 Pioneer Title Agency Inc
Gamboa Raymond $135,000 Lawyers Title Insurance Corp
Sasser Randall C $142,000 Equity Title Agency Inc
Rasnick Donna L -- Grand Canyon Title Agency In
Rasnick Donna L $63,000 North American Title Agency
Podraza Richard N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gamboa Raymond $115,000
Previous Owner Sasser Randall C $127,800
Previous Owner Rasnick Donna L $13,000
Previous Owner Rasnick Donna L $56,800
Previous Owner Rasnick Donna L $59,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2012 02/15/12 Sold $48,000 0.0% $48 / Sq Ft
12/05/2011 12/05/11 For Sale $48,000 -- $48 / 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 $598 $6,585 -- --
2024 $604 $6,271 -- --
2023 $604 $17,820 $3,560 $14,260
2022 $592 $13,880 $2,770 $11,110
2021 $620 $12,900 $2,580 $10,320
2020 $624 $12,020 $2,400 $9,620
2019 $605 $9,470 $1,890 $7,580
2018 $587 $7,860 $1,570 $6,290
2017 $585 $6,880 $1,370 $5,510
2016 $578 $6,960 $1,390 $5,570
2015 $538 $6,760 $1,350 $5,410
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kevin McNary

    Century 21 Northwest

  • J

    Buyer's Agent in 2012

    Julie Moyemont

    Realty One Group

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4685285

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-11-734

Arizona Maricopa County Peoria 85345

7040 W Olive Ave Unit 56, Peoria, AZ

This home is located at 7040 W Olive Ave Unit 56, Peoria, AZ 85345 since 05 December 2011 and is currently estimated at $262,377, approximately $260 per square foot. This property was built in 1986. 7040 W Olive Ave Unit 56 is a home located in Maricopa County with nearby schools including Ira A Murphy Elementary School, Centennial High School, and Academy of Math and Science - Peoria Advanced.

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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