$140,000
SOLD JUN 30, 2018

7040 W Olive Ave Unit 94 Peoria, AZ 85345

2 Beds
2 Baths
1,101 Sq Ft
1,098 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

1 Day on Market

Highlights

  • 1 Fireplace
  • Private Yard
  • Solar Screens
  • Centennial High School Rated A
  • Community Pool
  • 5-minute walk to Sunnyslope Park

About This Home

As of June 2018

Amazing 2 bedroom 2 bathroom patio home opportunity! This community is all single level detached patio homes. The unit offers tile throughout, vaulted ceilings in living areas and kitchen areas, spacious great room floor plan with fire place and fenced courtyard with gate to grassy common area. Split bedroom floor plan offers space and privacy. Perfect starter home, down sizing or investment opportunity!

Last Agent to Sell the Property

Nathan Martinez

RE/MAX Professionals License #BR027768000 Listed on: 05/25/2018

RE/MAX Professionals

Co-Listed By

Tonya Smith

RE/MAX Professionals License #SA533210000

Last Buyer's Agent

Andrea Ramsey

HomeSmart License #SA533027000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $483

Year Built

  • Built in 1988

Lot Details

  • 1,098 Sq Ft Lot
  • Private Yard

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

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

Interior Spaces

  • 1,101 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Solar Screens
  • Tile Flooring
  • Security System Owned
  • Built-In Microwave

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

  • Ira A Murphy Elementary And Middle School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 143-11-781

Community Details

Overview

  • Association fees include insurance, sewer, trash, water, roof replacement, maintenance exterior
  • The Osselaer Mgt Association, Phone Number (602) 277-4418
  • Built by DESIGN MASTER HOMES
  • Olive Square Condo Ph 1B Unit 64 102 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$483

Year Built

Built in 1988

Lot Details

0

HOA Fees

$190 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: 190.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2017
  • Directions: East on 75th to Olive Square, enter complex and turn right, follow around and go north to property on the west side.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: rmpr01
  • Co List Office Phone: 623-643-1000
  • Subdivision Name: OLIVE SQUARE CONDO PH 1B UNIT 64-102
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 190.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: 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
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Private Yard
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • 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
  • Carport Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association Name: THE OSSELAER MGT
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 125.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: THE OSSELAER MGT
  • Association Fees:HOA Telephone4: (602) 277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Insurance, Sewer, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Ira A Murphy
  • 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: DESIGN MASTER HOMES

Tax Info

  • Tax Annual Amount: 483.0
  • Tax Book Number: 143.00
  • Tax Lot: 94
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Villasenor Daniel and Villasenor Andrea L
Bought by
Daniel And Andrea L Villasenor Rev Tr

Purchase Details

Listed on
May 25, 2018
Closed on
Jun 15, 2018
Sold by
Bausch Morgan
Bought by
Villasenor Andrea and Villasenor Daniel
Seller's Agent
Nathan Martinez
RE/MAX Professionals
Buyer's Agent
Andrea Ramsey
HomeSmart
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$112,000
Outstanding Balance
$97,480
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$185,019

Purchase Details

Closed on
Nov 28, 2011
Sold by
Rodriguez Ruth
Bought by
Bausch Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Garcia Antonia M
Bought by
Rodriguez Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,240
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Weberman Elaine A
Bought by
Garcia Antonia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,480
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 1994
Sold by
Thomas Rebecca J and Phillips Rebecca J
Bought by
Weberman Elaine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,550
Interest Rate
7.38%
Mortgage Type
FHA
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 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

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $280,000 0.0% $254 / Sq Ft
08/22/2025 08/22/25 For Sale $280,000 -1.8% $254 / Sq Ft
08/15/2025 08/15/25 Pending -- -- --
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)

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 $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

Agents Affiliated with this Home

  • Andrea Ramsey

    Seller's Agent in 2025

    Andrea Ramsey

    HomeSmart

    (480) 352-3730

    Andrea Ramsey
    Section Image
  • Nathan Martinez

    Seller's Agent in 2018

    Nathan Martinez

    RE/MAX

    (800) 966-4019

    15 in this area

    343 Total Sales

    Nathan Martinez
    Section Image
  • Tonya Smith

    Seller Co-Listing Agent in 2018

    Tonya Smith

    RE/MAX

    (602) 430-6417

    41 Total Sales

    Tonya Smith
    Section Image

  • A

    Buyer's Agent in 2018

    Andrea Villasenor

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5771159

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-11-781

Arizona Maricopa County Peoria 85345

7040 W Olive Ave Unit 94, Peoria, AZ

This home is located at 7040 W Olive Ave Unit 94, Peoria, AZ 85345 and is currently priced at $140,000, approximately $127 per square foot. This property was built in 1988. 7040 W Olive Ave Unit 94 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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