$285,000

7040 W Olive Ave Unit 94 Peoria, AZ 85345

Estimated payment $1,877/month

Total Views 3,894
2 Beds
2 Baths
1,101 Sq Ft
$259 Price per Sq Ft

Highlights

  • Heated Spa
  • Vaulted Ceiling
  • Corner Lot
  • Centennial High School Rated A
  • 1 Fireplace
  • 5-minute walk to Sunnyslope Park

About This Home

Experience the Privacy of Detached Living - No Shared Walls!
Welcome to this beautifully updated and spacious 2-bedroom, 2-bath single-level patio home in a quiet, conveniently located community of fully detached residences.
Recent upgrades include:
NEW A/C (2024) Water Heat(2022)
NEW Stainless Steel Frigidaire Gallery Appliances - featuring a stove with bake, convection, and AIR FRY functions

Granite countertops, fresh paint, updated flooring, blinds, toilets,& ceiling fans

This home features:
Vaulted ceilings in the living and kitchen areas
A large great room with a cozy fireplace
Neutral tile throughout main living areas, plush carpet in bedrooms
A split floor plan offering privacy and space
A fenced back courtyard with gate access to a lush, grassy common area

Listing Agent

Andrea Ramsey

HomeSmart License #SA533027000 Listed on: 06/02/2025

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $482

Year Built

  • Built in 1988

Lot Details

  • 1,098 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,101 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Solar Screens

Kitchen

  • Kitchen Updated in 2025
  • Breakfast Bar
  • Electric Cooktop
  • Granite Countertops

Flooring

  • Floors Updated in 2025
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2025
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Common or Shared Parking
  • Assigned Parking

Pool

  • Heated Spa
  • Fence Around Pool
  • Diving Board

Schools

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

Utilities

  • Cooling System Updated in 2024
  • Central Air
  • Heating Available
  • Plumbing System Updated in 2022
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 94
  • Assessor Parcel Number 143-11-781

Community Details

Overview

  • Association fees include insurance, sewer, ground maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Associa Arizona Association, Phone Number (480) 892-5222
  • Olive Square Condo Ph 1B Unit 64 102 Subdivision

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$482

Year Built

Built in 1988

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Cross Street: 75th Ave and Olive
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 258.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2025
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2025
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2024
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2025
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2022
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2024
  • Directions: After entering the community, turn right after security shack, follow around to unit 94 about 3/4 of the way back, entry on left
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: OLIVE SQUARE CONDO PH 1B UNIT 64-102
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 258.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 1101.0
  • Stories: 1
  • Window Features: Solar Screens
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Gravel/Stone Front
  • Pool Features: Diving Pool, Fenced
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool
  • Association Fee: 258.0
  • Association Fee Frequency: Monthly
  • Association Name: Olive Square
  • Phone: 480-892-5222
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 186.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Olive Square
  • Association Fees:HOA Telephone4: 4808925222
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Associa Arizona
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

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

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: 1098.0
  • Parcel #: 143-11-781

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 482.0
  • Tax Book Number: 143.00
  • Tax Lot: 94
  • Tax Map Number: 11.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $482 $6,363 -- --
2024 $488 $6,060 -- --
2023 $488 $18,650 $3,730 $14,920
2022 $478 $14,230 $2,840 $11,390
2021 $511 $13,720 $2,740 $10,980
2020 $516 $11,730 $2,340 $9,390
2019 $499 $8,530 $1,700 $6,830
2018 $483 $7,470 $1,490 $5,980
2017 $483 $6,820 $1,360 $5,460
2016 $478 $6,830 $1,360 $5,470
2015 $446 $7,120 $1,420 $5,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $285,000 +103.6% $259 / Sq Ft
06/30/2018 06/30/18 Sold $140,000 0.0% $127 / Sq Ft
05/25/2018 05/25/18 For Sale $140,000 -- $127 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $140,000 Title Alliance Professionals
Warranty Deed $50,500 Stewart Title & Trust Of Pho
Warranty Deed $92,000 Great American Title Agency
Warranty Deed $84,000 Century Title Agency Inc
Warranty Deed $57,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 New Conventional
Previous Owner $30,000 New Conventional
Previous Owner $89,240 New Conventional
Previous Owner $81,480 FHA
Previous Owner $55,550 FHA
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6874651

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-11-781