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For sale
    • Price cut: $10K (7/10)
    $239,900

    7040 W OLIVE Avenue #40, Peoria, AZ 85345

    2beds
    852sqft
    : 
    $1,728/mo
    Get pre-qualified
    Townhouse
    Built in 1987
    828 Square Feet Lot
    $-- Zestimate®
    $282/sqft
    $283/mo HOA

    What's special

    Built-in microwaveStainless steel flat-top rangeOverlooks the peaceful greenbelt
    PRICE REDUCED! Rare standalone townhome across from community pool & spa! Don't miss this rare opportunity to own a charming 2 bedroom, 1 bath standalone townhome ideally located directly across from the community pool and spa. This inviting home features an open-concept kitchen and living area, perfect for everyday living or entertaining. Recent updates include luxury vinyl plank flooring installed in 2024 and a new water heater in 2025, offering modern style and peace of mind. The primary bedroom includes a private patio exit and overlooks the peaceful greenbelt, while the front bedroom enjoys views of the pool area. The bathroom features dual entry access, adding convenience and functionality. All appliances are included: -Refrigerator -Stainless steel flat-top range -Built-in microwave -Dishwasher -Newer stackable washer & dryer (2022) Step outside to relax on the enclosed back patio adjacent to the greenbelt, perfect for quiet mornings or entertaining guests. Residents also enjoy easy access to the community pool and spa just steps away. Located in a highly convenient area near shopping, dining, and Glendale Community College, this home combines comfort, updates, and an excellent location. A truly special property -- must see!
    133 days
    |
    387
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Heilesen 623-271-1975,

    West USA Realty

    Source: ARMLS,MLS#: 6994015MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Heat Pump, Electric
      Cooling
      • Heat Pump, Central Air, Ceiling Fan(s)
      Appliances
      • Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
      • Laundry: Inside
      Features
      • High Speed Internet, Breakfast Bar, No Interior Steps, Laminate Counters
      • Flooring: Vinyl
      • Windows: Screens, Double Pane Windows
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 852
      • Total interior livable area: 852 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned
      • Carport spaces: 1
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Spa features: None
      • Fencing: Block,Wrought Iron
      Lot
      • Size: 828 Square Feet
      • Features: Borders Common Area, Desert Front, Grass Back
      Details
      • Parcel number: 14311718

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Ranch
      • Property subtype: Townhouse
      Materials
      • Stucco, Wood Frame, Painted
      • Roof: Composition,Tile
      Condition
      • Year built: 1987
      Details
      • Builder name: Design Master Homes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool, Community Spa, Community Spa Htd, Near Bus Stop, Biking/Walking Path
      • Subdivision: OLIVE SQUARE CONDOMINIUMS PHASE 1
      HOA
      • Has HOA: Yes
      • Services included: Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Maintenance Exterior
      • HOA fee: $283 monthly
      • HOA name: Olive Square Condos
      • HOA phone: 520-742-5674
      Location
      • Region: Peoria

      Financial & listing details

      • Price per square foot: $282/sqft
      • Tax assessed value: $191,100
      • Annual tax amount: $417
      • Date on market: 4/3/2026
      • Cumulative days on market: 134 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Condominium

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Price change$239,900-4%$282/sqft
        Source: ARMLS #6994015 Report a problem
        5/29/2026Price change$249,900-3.8%$293/sqft
        Source: ARMLS #6994015 Report a problem
        5/8/2026Price change$259,900-3.7%$305/sqft
        Source: ARMLS #6994015 Report a problem
        4/3/2026Listed for sale$269,900+63.1%$317/sqft
        Source: ARMLS #6994015 Report a problem
        1/4/2021Sold$165,500+0.6%$194/sqft
        Source: ARMLS #6151180 Report a problem
        12/31/2020Pending sale$164,500$193/sqft
        Source: Arizona Best Real Estate #6151180 Report a problem
        11/24/2020Price change$164,500-0.3%$193/sqft
        Source: Arizona Best Real Estate #6151180 Report a problem
        11/6/2020Listed for sale$165,000+26.4%$194/sqft
        Source: Arizona Best Real Estate #6151180 Report a problem
        6/29/2018Sold$130,500$153/sqft
        Source: ARMLS #5770587 Report a problem
        5/24/2018Listed for sale$130,500+108.8%$153/sqft
        Source: Arizona E Homes #5770587 Report a problem
        1/11/2018Listing removed$895$1/sqft
        Source: Arizona E Homes #5704267 Report a problem
        1/5/2018Listed for rent$895+9.8%$1/sqft
        Source: Arizona E Homes #5704267 Report a problem
        3/27/2015Listing removed$815$1/sqft
        Source: Arizona eHomes #5238217 Report a problem
        2/24/2015Listed for rent$815+8.7%$1/sqft
        Source: Arizona eHomes Report a problem
        12/31/2014Sold$62,500-8.1%$73/sqft
        Source: ARMLS #5208392 Report a problem
        12/8/2014Listed for sale$68,000+28.3%$80/sqft
        Source: Realty Executives #5208392 Report a problem
        7/1/2012Listing removed$750$1/sqft
        Source: Apartment Hunters Report a problem
        5/31/2012Listed for rent$750$1/sqft
        Source: Apartment Hunters Report a problem
        1/25/1996Sold$53,000+1.9%$62/sqft
        Source: Public Record Report a problem
        12/2/1994Sold$52,000$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$408 +2.8%$19,110 -7.2%
        2024$397 -1.4%$20,600 +323.5%
        2023$402 -0.1%$4,864 -59.5%
        2022$403 -7.5%$12,010 +6.7%
        2021$435 +3.4%$11,260 +10.1%
        2020$421 +3.4%$10,230 +29%
        2019$407 $7,930 +21.6%
        2018$407 -14.6%$6,520 +15.2%
        2017$476 +8.7%$5,660 +1.6%
        2016$438 +1.1%$5,570 +1.6%
        2015$434 $5,480 +41.6%
        2014-- $3,870 +35.8%
        2013-- $2,850
        2012-- $2,850 -26%
        2011-- $3,850 -47.6%
        2010-- $7,350 -35.2%
        2009-- $11,350 -5%
        2008-- $11,950 +41.4%
        2007-- $8,450 +31%
        2006-- $6,450
        2005-- $6,450 +17.3%
        2004-- $5,500
        2003-- $5,500 +6.8%
        2002-- $5,150
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 85345

        Getting around

        18 / 100
        Car-Dependent
        34 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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