$1,100,000

8625 W Olive Ave Peoria, AZ 85345

Estimated payment $5,921/month

Total Views 3,727
-- Bed
-- Bath
4,718 Sq Ft
$233 Price per Sq Ft

Highlights

  • Gated Community
  • Community Kitchen
  • Central Air
  • 1.46 Acre Lot
  • Ceramic Tile Flooring
  • 2-minute walk to Fairmont HOA Park

About This Home

So many possibilities with this one! Currently used as a religious facility. Opportunity to expand, lot next door is for sale which would give you almost 3 acres. Owners would like to sell both lots together if possible please refer to MLS#6802658 for the more info.

Listing Agent

Tia Armenta

Opportunity 2 Own Real Estate License #SA674656000 Listed on: 01/09/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,342

Year Built

  • Built in 1968

Lot Details

  • 1.46 Acre Lot
  • Block Wall Fence
  • Property is zoned C1

Home Design

  • 4,718 Sq Ft Home
  • Brick Exterior Construction
  • Tilt Up Walls
  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 40 Open Parking Spaces
  • 42 Parking Spaces
  • 2 Covered Spaces
  • Free Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot L
  • Assessor Parcel Number 142-34-002-L

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • 4 Buildings
  • Operating Expense $1,342
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$1,342

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: Olive Ave and 85th Ave
  • Legal Info Range: 1E
  • Property Type: Comm/Industry Sale
  • Zoning: C1
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1968
  • Tax Year: 2024
  • Directions: Going North on the 101, exit at Olive and head east, building will be on the right at the corner of 85th Ave. Building is gated, enter from Olive Ave.
  • Lot Size Acres: 1.46
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Tax Parcel Letter: L
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Living Area: 4718.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Frame - Wood, Tilt-Up, Brick
  • Roof: Composition
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 42.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 42.0
  • Parking Features Free: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 63791.0
  • Parcel #: 142-34-002-L
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1342.0

Tax Info

  • Tax Annual Amount: 1342.0
  • Tax Book Number: 142.00
  • Tax Lot: L
  • Tax Map Number: 34.00

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 $1,343 $70,081 -- --
2024 $1,354 $53,568 -- --
2023 $1,354 $29,585 $20,957 $8,628
2022 $5,055 $54,150 $24,345 $29,805
2021 $0 $33,820 $14,280 $19,540
2020 $355 $33,510 $14,090 $19,420
2019 $0 $29,990 $10,950 $19,040
2018 $334 $3,429 $1,489 $1,940
2017 $333 $2,538 $953 $1,585
2016 $345 $25,300 $9,190 $16,110
2015 $3,258 $24,470 $8,600 $15,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 For Sale $1,100,000 -- $233 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 First American Title
Warranty Deed $585,000 American Title Svc Agcy Llc
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $375,000 Fidelity National Title
Warranty Deed $70,000 Ati Title Agency
Quit Claim Deed -- Ati Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $575,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $483,000 Unknown
Previous Owner $300,000 New Conventional
Previous Owner $50,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6802572

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-34-002L

Arizona Maricopa County Peoria 85345

8625 W Olive Ave, Peoria, AZ

This home is located at 8625 W Olive Ave, Peoria, AZ 85345 and is currently priced at $1,100,000, approximately $233 per square foot. This property was built in 1968. 8625 W Olive Ave is a home located in Maricopa County with nearby schools including Cotton Boll School, Raymond S. Kellis, and Brighton Charter 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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Tia Armenta
Listing Agent
Tia Armenta
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Opportunity 2 Own Real Estate
(480) 233-8317