For sale

Price cut: $500 (7/21)

$264,500

7020 W OLIVE Avenue #224, Peoria, AZ 85345

2beds

994sqft

$1,894/mo

Get pre-qualified

Condominium

Built in 1985

-- sqft lot

$263,300 Zestimate^®

$266/sqft

$283/mo HOA

What's special

Beautifully landscaped common areasEnclosed patioCommunity pool and spaInside laundry areaTile flooring throughoutVaulted ceilings

Welcome home to this charming 2-bedroom, 2-bath condo located in a well-maintained community. This move-in-ready home features tile flooring throughout, vaulted ceilings, and a newer HVAC system installed in 2024. Enjoy the added living space of the enclosed patio, plus the convenience of an inside laundry area. The refrigerator, washer, and dryer are all included. Residents can take advantage of the beautifully landscaped common areas, as well as the community pool and spa, creating the perfect setting for relaxation and enjoyment. Conveniently Located in the Olive Square Condominiums!

123 days

178

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
Laundry: Inside

Features

Breakfast Bar, Full Bth Master Bdrm
Flooring: Tile
Windows: Skylight(s)
Has basement: No
Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 994
Total interior livable area: 994 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned, Common
Carport spaces: 1

Features

Stories: 1
Patio & porch: Covered, Patio
Spa features: None
Fencing: Block

Lot

Size: 1,235 Square Feet
Features: Borders Common Area, North/South Exposure, Grass Front

Details

Parcel number: 14311749

Construction

Type & style

Home type: Condo
Architectural style: Other
Property subtype: Condominium
Attached to another structure: Yes

Materials

Stucco, Wood Frame, Painted
Roof: Composition

Condition

Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Pool, Biking/Walking Path
Subdivision: OLIVE SQUARE CONDOMINIUMS PHASE 1

HOA

Has HOA: Yes
Services included: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
HOA fee: $283 monthly
HOA name: Olive Sqare
HOA phone: 520-742-5674

Location

Region: Peoria

Financial & listing details

Price per square foot: $266/sqft
Tax assessed value: $211,700
Annual tax amount: $491
Date on market: 4/18/2026
Cumulative days on market: 124 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Condominium

Estimated market value

$263,300

$250,000 - $276,000

$1,561/mo

Price history

Date	Event	Price
7/21/2026	Price change	$264,500-0.2%$266/sqft
Source: ARMLS #7016109 Report a problem
7/4/2026	Price change	$265,000-1.3%$267/sqft
Source: ARMLS #7016109 Report a problem
6/4/2026	Price change	$268,500-0.2%$270/sqft
Source: ARMLS #7016109 Report a problem
4/18/2026	Listed for sale	$269,000+58.2%$271/sqft
Source: ARMLS #7016109 Report a problem
11/4/2020	Sold	$170,000+1.5%$171/sqft
Source: ARMLS #6134402 Report a problem
10/26/2020	Pending sale	$167,500$169/sqft
Source: Delex Realty #6134402 Report a problem
9/18/2020	Listed for sale	$167,500+101.8%$169/sqft
Source: Delex Realty #6134402 Report a problem
6/30/2015	Listing removed	$949$1/sqft
Source: Delex Realty, LLC #5299345 Report a problem
6/27/2015	Listed for rent	$949$1/sqft
Source: Delex Realty, LLC #5299345 Report a problem
6/12/2015	Sold	$83,000$84/sqft
Source: ARMLS #5284230 Report a problem
5/23/2015	Listed for sale	$83,000+31.7%$84/sqft
Source: HomeSmart #5284230 Report a problem
4/27/2013	Sold	$63,000-3.1%$63/sqft
Source: ARMLS #4897012 Report a problem
3/1/2013	Listed for sale	$65,000+20.5%$65/sqft
Source: RE/MAX Integrity #4897012 Report a problem
1/27/1994	Sold	$53,943$54/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$479 +2.8%	$21,170 -7%
2024	$466 -1.4%	$22,770 +298.3%
2023	$473 -0.1%	$5,717 -57.9%
2022	$473 -7.5%	$13,570 +7.4%
2021	$511 +3.4%	$12,630 +7.9%
2020	$495 +3.4%	$11,710 +26.9%
2019	$478	$9,230 +20.7%
2018	$478 0%	$7,650 +15.4%
2017	$479 +8.3%	$6,630 -0.7%
2016	$442 +0%	$6,680 +2.8%
2015	$442	$6,500 +42.9%
2014	--	$4,550 +35.8%
2013	--	$3,350
2012	--	$3,350 -23%
2011	--	$4,350 -47.3%
2010	--	$8,250 -33.7%
2009	--	$12,450 -5%
2008	--	$13,100 +40.9%
2007	--	$9,300 +35.8%
2006	--	$6,850
2005	--	$6,850 +16.1%
2004	--	$5,900
2003	--	$5,900 +10.3%
2002	--	$5,350