Experience the Privacy of Detached Living
Welcome to this beautifully updated and spacious 2-bedroom, 2-bath single-level patio home in a quiet, conveniently located community of fully detached residences.
Recent upgrades include:
NEW A/C (2024) Water Heat(2022)
NEW Stainless Steel Frigidaire Gallery Appliances - featuring a stove with bake, convection, and AIR FRY functions
HOA covers roof replace/repair
Granite countertops, fresh paint, updated flooring, blinds, toilets,& ceiling fans
This home features:
Vaulted ceilings in the living and kitchen areas
A large great room with a cozy fireplace
Neutral tile throughout main living areas, plush carpet in bedrooms
A split floor plan offering privacy and space
A fenced back courtyard with gate access to a lush, grassy common HOA is in process of covering roof replacement.
Sold for $268,500
$268,500
7040 W OLIVE Avenue #94, Peoria, AZ 85345
2beds
1,101sqft
Townhouse
Built in 1988
1,098 Square Feet Lot
$269,000 Zestimate®
$244/sqft
$1,662 Estimated rent
Home value
$269,000
$245,000 - $296,000
$1,662/mo
Zestimate® history
Owner options
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$1,662/mo
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$1,662/mo
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$1,825/mo
Est. payment
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$1,825/mo
Est. payment
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List your homeWhat's special
Cozy fireplaceSplit floor planAir fry functionUpdated flooringFresh paintFenced back courtyardGranite countertops
Zillow last checked:
Listing updated:
Listed by:
Andrea Villasenor 602-621-0566,
HomeSmart
Bought with:
Julie Peters, SA677071000
Delex Realty
Source: ARMLS,MLS#: 6874651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Great room
- Level: First
Kitchen
- Level: First
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Cooktop
- Laundry: Inside
Features
- High Speed Internet, Granite Counters, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
- Flooring: Carpet, Tile
- Windows: Solar Screens
- Has basement: No
- Number of fireplaces: 1
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,101
- Total interior livable area: 1,101 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Common
- Carport spaces: 1
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Private Yard
- Has spa: Yes
- Spa features: Heated
- Fencing: Block,Wrought Iron
Lot
- Size: 1,098 Square Feet
- Features: None, Borders Common Area, Corner Lot, Gravel/Stone Front
Details
- Parcel number: 14311781
- Lease amount: $0
- Special conditions: Owner/Agent
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Stucco, Wood Frame
- Roof: Tile
Condition
- Year built: 1988
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Pool, Community Spa, Community Spa Htd
- Subdivision: OLIVE SQUARE CONDO PH 1B UNIT 64-102
HOA
- Has HOA: Yes
- Services included: Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
- HOA fee: $258 monthly
- HOA name: Olive Square
- HOA phone: 480-892-5222
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $224,500
- Annual tax amount: $482
- Date on market: 10/1/2025
- Cumulative days on market: 187 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Sold | $268,500-4.1%$244/sqft |
Source:  ARMLS #6874651 Report a problem | ||
| 8/22/2025 | Price change | $280,000-1.8%$254/sqft |
Source: ARMLS #6874651 Report a problem | ||
| 8/15/2025 | Pending sale | $285,000$259/sqft |
Source: ARMLS #6874651 Report a problem | ||
| 6/2/2025 | Listed for sale | $285,000+103.6%$259/sqft |
Source: ARMLS #6874651 Report a problem | ||
| 6/30/2018 | Sold | $140,000$127/sqft |
Source: ARMLS #5771159 Report a problem | ||
| 5/25/2018 | Listed for sale | $140,000+177.2%$127/sqft |
Source: RE/MAX Professionals #5771159 Report a problem | ||
| 11/30/2011 | Sold | $50,500-4.7%$46/sqft |
Source: Public Record Report a problem | ||
| 8/17/2011 | Listed for sale | $53,000-42.4%$48/sqft |
Source: Clients First Realty, LLC #4631822 Report a problem | ||
| 5/27/2004 | Sold | $92,000+9.5%$84/sqft |
Source: Public Record Report a problem | ||
| 6/25/2002 | Sold | $84,000+47.4%$76/sqft |
Source: Public Record Report a problem | ||
| 4/11/1994 | Sold | $57,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $484 +2.8% | $22,450 -7.9% |
| 2024 | $471 -1.4% | $24,370 +322.3% |
| 2023 | $477 -0.1% | $5,771 -59.4% |
| 2022 | $478 -7.5% | $14,230 +3.7% |
| 2021 | $516 +3.4% | $13,720 +17% |
| 2020 | $499 +3.4% | $11,730 +37.5% |
| 2019 | $483 | $8,530 +14.2% |
| 2018 | $483 0% | $7,470 +9.5% |
| 2017 | $483 +8.3% | $6,820 -0.1% |
| 2016 | $446 -5.6% | $6,830 -4.1% |
| 2015 | $473 | $7,120 +38.8% |
| 2014 | -- | $5,130 +57.8% |
| 2013 | -- | $3,250 -14.5% |
| 2012 | -- | $3,800 -24% |
| 2011 | -- | $5,000 -47.1% |
| 2010 | -- | $9,450 -30.3% |
| 2009 | -- | $13,550 -4.9% |
| 2008 | -- | $14,250 +41.1% |
| 2007 | -- | $10,100 +36.5% |
| 2006 | -- | $7,400 |
| 2005 | -- | $7,400 +7.2% |
| 2004 | -- | $6,900 |
| 2003 | -- | $6,900 +7.8% |
| 2002 | -- | $6,400 |
Find assessor info on the county website
Neighborhood: 85345
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Nearby schools
GreatSchools rating
- 4/10Ira A Murphy Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 7/10Centennial High SchoolGrades: 9-12Distance: 3.5 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
$269,000
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
$269,000
- Arizona
- Maricopa County
- Peoria
- 85345
- 7040 W OLIVE Avenue Unit 94
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