Seller may consider buyer concessions if made in an offer. Welcome to a property that's been meticulously designed to exude comfort. You will be instantly taken by the unmistakably tasteful, neutral color paint scheme that flows seamlessly throughout, creating a soothing atmosphere. It complements any décor and affords you the liberty to mix and match your furniture pieces as your aesthetics desire. This remarkable room boasts a substantial walk-in closet, offering an abundance of storage space and an organized living condition. Stowing your personal belongings has never been easier or more stylish. This property is unrivaled in its beauty and function. It's not just a home, it's a lifestyle. Be the lucky one to acquire this dazzling property; a haven of peace and luxury, waiting to provid
Sold for $251,000
$251,000
7040 W OLIVE Avenue #4, Peoria, AZ 85345
2beds
1baths
852sqft
Condominium
Built in 1986
-- sqft lot
$222,600 Zestimate®
$295/sqft
$1,372 Estimated rent
Home value
$222,600
$211,000 - $234,000
$1,372/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Eric Tamayo homes@opendoor.com,
Opendoor Brokerage, LLC,
Kaysha Rice 702-710-3787,
Opendoor Brokerage, LLC
Bought with:
Karen Kamani, SA668718000
Real Broker
Source: ARMLS,MLS#: 6722240
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Built-in Microwave, Dishwasher
Features
- Full Bth Master Bdrm
- Flooring: Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 852
- Total interior livable area: 852 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 838 Square Feet
- Features: Grass Front, Grass Back
Details
- Parcel number: 14311682
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year built: 1986
Details
- Builder name: DESIGN MASTER HOMES
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Security: Security System Owned
- Subdivision: OLIVE SQUARE CONDOMINIUMS PHASE 1
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $258 monthly
- HOA name: Olive Square Condomi
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $190,800
- Annual tax amount: $411
- Date on market: 4/20/2026
- Cumulative days on market: 72 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Sold | $251,000$295/sqft |
Source:  ARMLS #6722240 Report a problem | ||
| 9/1/2024 | Pending sale | $251,000$295/sqft |
Source: ARMLS #6722240 Report a problem | ||
| 8/1/2024 | Price change | $251,000-2.3%$295/sqft |
Source: ARMLS #6722240 Report a problem | ||
| 7/18/2024 | Price change | $257,000-2.3%$302/sqft |
Source: ARMLS #6722240 Report a problem | ||
| 6/21/2024 | Listed for sale | $263,000+8.2%$309/sqft |
Source: ARMLS #6722240 Report a problem | ||
| 6/17/2024 | Sold | $243,000+50.9%$285/sqft |
Source: Public Record Report a problem | ||
| 9/14/2020 | Sold | $161,000+3.9%$189/sqft |
Source: ARMLS #6113445 Report a problem | ||
| 8/6/2020 | Listed for sale | $155,000+13.1%$182/sqft |
Source: West USA Realty #6113445 Report a problem | ||
| 10/21/2019 | Sold | $137,000-1.9%$161/sqft |
Source: ARMLS #5980062 Report a problem | ||
| 10/4/2019 | Pending sale | $139,700$164/sqft |
Source: Berkshire Hathaway HomeServices Arizona Properties #5980062 Report a problem | ||
| 9/18/2019 | Listed for sale | $139,700+25.4%$164/sqft |
Source: Berkshire Hathaway HomeServices Arizona Properties #5980062 Report a problem | ||
| 10/3/2016 | Listing removed | $850+13.3%$1/sqft |
Source: Renting Arizona RES Report a problem | ||
| 5/30/2014 | Listing removed | $750$1/sqft |
Source: RENTING ARIZONA REAL ESTATE SERVICES Report a problem | ||
| 4/17/2014 | Price change | $750-6.1%$1/sqft |
Source: Renting Arizona RES #5077142 Report a problem | ||
| 2/28/2014 | Listed for rent | $799$1/sqft |
Source: RENTING ARIZONA REAL ESTATE SERVICES Report a problem | ||
| 7/29/2005 | Sold | $111,400+29.1%$131/sqft |
Source: Public Record Report a problem | ||
| 4/13/2004 | Sold | $86,300+28%$101/sqft |
Source: Public Record Report a problem | ||
| 9/8/1999 | Sold | $67,400$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $408 -14.7% | $19,080 -7.1% |
| 2024 | $478 +18.8% | $20,530 +322.1% |
| 2023 | $402 -0.1% | $4,864 -59.3% |
| 2022 | $403 -7.5% | $11,960 +6.7% |
| 2021 | $435 -11.7% | $11,210 +10.1% |
| 2020 | $492 +3.1% | $10,180 +28.5% |
| 2019 | $478 | $7,920 +21.8% |
| 2018 | $478 +0.3% | $6,500 +15.7% |
| 2017 | $476 +8.7% | $5,620 +1.1% |
| 2016 | $438 +1.3% | $5,560 +1.8% |
| 2015 | $433 | $5,460 +41.8% |
| 2014 | -- | $3,850 +35.1% |
| 2013 | -- | $2,850 |
| 2012 | -- | $2,850 -26% |
| 2011 | -- | $3,850 -47.3% |
| 2010 | -- | $7,300 -35.4% |
| 2009 | -- | $11,300 -5% |
| 2008 | -- | $11,900 +40.8% |
| 2007 | -- | $8,450 +32% |
| 2006 | -- | $6,400 |
| 2005 | -- | $6,400 +20.8% |
| 2004 | -- | $5,300 |
| 2003 | -- | $5,300 +2.9% |
| 2002 | -- | $5,150 |
Find assessor info on the county website
Neighborhood: 85345
Nearby homes
- $243,8002 bd2 ba994 sqft7020 W Olive Ave UNIT 217, Peoria, AZ 85345Off Market
- $165,500-- bd2 ba863 sqft7020 W Olive Ave UNIT 219, Peoria, AZ 85345Off Market
- $225,2002 bd2 ba994 sqft7020 W Olive Ave UNIT 220, Peoria, AZ 85345Off Market
- $222,700-- bd2 ba994 sqft7020 W Olive Ave UNIT 221, Peoria, AZ 85345Off Market
- $218,6002 bd2 ba863 sqft7020 W Olive Ave UNIT 222, Peoria, AZ 85345Off Market
- $1,5502 bd2 ba863 sqft7020 W Olive Ave UNIT 223, Peoria, AZ 85345For Rent
- $244,5002 bd2 ba1k sqft7040 W Olive Ave UNIT 1, Peoria, AZ 85345Off Market
- $234,2002 bd2 ba1k sqft7040 W Olive Ave UNIT 2, Peoria, AZ 85345Off Market
Nearby schools
GreatSchools rating
- 4/10Ira A Murphy Elementary SchoolGrades: PK-8Distance: 0.9 mi
- 7/10Centennial High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Ira A Murphy
- Middle: Ira A Murphy
- High: Centennial High School
- District: Peoria Unified School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$222,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$222,600
- Arizona
- Maricopa County
- Peoria
- 85345
- 7040 W OLIVE Avenue Unit 4
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