NOT LISTED FOR SALE

8940 W Olive Ave Unit 4 Peoria, AZ 85345

Estimated Value: $269,000 - $280,000

2 Beds
2 Baths
871 Sq Ft
$313/Sq Ft Est. Value

Last Sold June 22, 2017

Last sale price $135,000 $155 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,569/month

31 Days on Market

Highlights

  • Gated Community
  • Granite Countertops
  • Heated Community Pool
  • Vaulted Ceiling
  • Private Yard
  • Skylights

About This Home

As of June 2017

Gated Community with Just updated 2Bedroom, 2 Bathroom Home with Covered Parking and Community Pool. Gourmet Kitchen with Granite Countertops, Tile Backsplash and Highline Stainless Steel Appliances, Skylight and New Tile Floors. Great Room has New Tile, New Paint, Vaulted Ceilings with a Skylight to let the light in. Master Bedroom has Walk-in Closet with New Carpet in both Bedrooms. There is one open and one Enclosed Patio Areas to enjoy the Arizona Weather. The is a Community Pool, Picnic/BBQ area with lots of open grass area. Close to West Gate for restaurants , entertainment and Sports also Great access to all Freeway’s.

Last Agent to Sell the Property

Stewart White

HomeSmart License #SA588024000 Listed on: 05/05/2017

HomeSmart

Last Buyer's Agent

Mary Beth Cline

Russ Lyon Sotheby's International Realty License #SA541394000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 2005

Lot Details

  • 1,616 Sq Ft Lot
  • Block Wall Fence
  • Private Yard

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Cotton Boll Elementary And Middle School
  • Peoria High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 142-89-286

Community Details

Overview

  • Property has a Home Owners Association
  • Colby Mgmt Association, Phone Number (623) 977-3860
  • Westgreen Townhouses Phase 1 Amd Lt 1 132 Tr A Q Subdivision

Recreation

  • Heated Community Pool

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$730

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: 91st Ave & Olive
  • Legal Info Range: 1E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 125.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2016
  • Property Sub Type: Patio Home
  • Lot Size Acres: 0.04
  • Subdivision Name: WESTGREEN TOWNHOUSES PHASE 1 AMD LT 1-132 TR A-Q
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 125.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, Vaulted Ceiling(s), Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 871.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Yard
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • 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
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Westgreen Townhomes
  • Phone: 623-977-3860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 110.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Westgreen Townhomes
  • Association Fees:HOA Telephone4: 623-977-3860
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: Colby Mgmt
  • Association Fees:HOA Management Phone: 623-977-3860
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Cotton Boll School
  • High School: Peoria High School
  • Middle Or Junior School: Cotton Boll School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1616.0
  • Parcel #: 142-89-286
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 730.0
  • Tax Book Number: 142.00
  • Tax Lot: 4
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Summers Family Trust and Summers Steven
Bought by
Summers Steven J
Current Estimated Value
$277,647

Purchase Details

Closed on
Jun 14, 2023
Sold by
Summers Steven
Bought by
Summers Family Trust and Summers

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 15, 2017
Sold by
Re Ranch Llc
Bought by
Summers Steven J
Seller's Agent
Stewart White
HomeSmart
Buyer's Agent
Mary Beth Cline
Russ Lyon Sotheby's International Realty
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 14, 2017
Sold by
Summers Michelle
Bought by
Summers Steven J
Seller's Agent
Stewart White
HomeSmart
Buyer's Agent
Mary Beth Cline
Russ Lyon Sotheby's International Realty
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%

Purchase Details

Closed on
Apr 5, 2017
Sold by
Medrano Gabe
Bought by
Re Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2005
Sold by
Am Development Properties Llc
Bought by
Medrano Gabriel and Medrano Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2005
Sold by
Drumseal Investors Llc
Bought by
Am Development Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Summers Steven J -- None Listed On Document
Summers Family Trust -- None Listed On Document
Summers Steven J $135,000 Old Republic Title Agency
Summers Steven J -- Old Republic Title Agency
Re Ranch Llc $101,000 None Available
Medrano Gabriel $105,631 Transnation Title
Am Development Properties Llc -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Re Ranch Llc $32,000
Previous Owner Medrano Gabriel $84,500
Closed Medrano Gabriel $15,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $135,000 +3.8% $155 / Sq Ft
05/04/2017 05/04/17 For Sale $130,000 -- $149 / 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 $667 $7,337 -- --
2024 $673 $6,988 -- --
2023 $673 $18,300 $3,660 $14,640
2022 $659 $14,300 $2,860 $11,440
2021 $691 $12,850 $2,570 $10,280
2020 $695 $11,410 $2,280 $9,130
2019 $674 $10,000 $2,000 $8,000
2018 $654 $8,880 $1,770 $7,110
2017 $652 $7,470 $1,490 $5,980
2016 $644 $7,160 $1,430 $5,730
2015 $515 $6,930 $1,380 $5,550
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stewart White

    HomeSmart

    (602) 230-7600

    79 Total Sales

    Section Image
  • Mary Beth Cline

    Buyer's Agent in 2017

    Mary Beth Cline

    Russ Lyon Sotheby's International Realty

    (602) 359-0842

    77 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5600721

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-89-286

Arizona Maricopa County Peoria 85345

8940 W Olive Ave Unit 4, Peoria, AZ

This home is located at 8940 W Olive Ave Unit 4, Peoria, AZ 85345 since 05 May 2017 and is currently estimated at $272,887, approximately $313 per square foot. This property was built in 2005. 8940 W Olive Ave Unit 4 is a home located in Maricopa County with nearby schools including Alta Loma 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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