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$269,900 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 0.02 Acres
  • Updated 6 hours ago

Next open house:

Open House: 10:30 AM - 11:30 AM

Saturday 4/4 10:30 AM - 11:30 AM

7040 W Olive Avenue #40,Peoria, AZ 85345

7040 W Olive Avenue #40PeoriaAZ85345

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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!

Full Property Details for 7040 W Olive Ave #40

General

  • Price: $269,900
  • HOA FEE: $283/month
  • Taxes: $417 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6994015
  • Updated: 4/3/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: High Speed Internet, Breakfast Bar, No Interior Steps, Laminate Counters
  • Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside, Wshr/Dry HookUp Only

Parking

  • Parking Features: Assigned

Location

  • County: Maricopa
  • Township: 3N
  • Subdivision: OLIVE SQUARE CONDOMINIUMS PHASE 1
  • Cross Streets: Olive Ave and 71st Ave

Community

  • Association: Yes
  • Assoc. Name: Olive Square Condos
  • Assoc. Fees Include: Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Maintenance Exterior

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Heat Pump, Central Air, Ceiling Fan(s)
  • Heating Type: Heat Pump, Electric

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Ranch,
  • Builder: Design Master Homes
  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Composition, Tile
  • Windows: Screens, Dual Pane
  • Sq. Ft. Source: Assessor
  • Year Built: 1987

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 828
  • Lot Size Source: Assessor
  • Lot Features: Borders Common Area, Desert Front, Grass Back

Financial Considerations

  • Association Fee: $283
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $417
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: LOT 40 OLIVE SQUARE CONDOMINIUMS PHASE 1 MCR
  • Property ID: 143-11-718
  • Range: 1E
  • Section: 25
  • Lot Number: 40

Listed by West USA Realty

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Listing agent

— 7040 W Olive Ave #40 —

  • West USA Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7040 W Olive Ave #40

School District:Peoria Unified School District
NameGradesDistance
Ira A Murphy
7231 West North Lane, Peoria, AZ 85345
K-80.8 mi
Centennial High School
14388 North 79th Avenue, Peoria, AZ 85381
9-123.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7040 W Olive Ave #40 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2026
Listed
$269,900
63.08%
MLS
12/01/2020
Sold
$165,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7040 W Olive Ave #40

Year
Property Taxes
Change
Tax Assessment
Change
2025
$417
3%
$20,110
5%
2024
$406
-1%
$19,110
-7%
2023
$411
2%
$20,600
32%
2022
$403
—
$15,650
30%
2022
$403
-6%
$12,010
7%
2021
$431
-1%
$11,260
10%
2020
$435
3%
$10,230
29%
2019
$421
3%
$7,930
22%
2018
$407
-14%
$6,520
15%
2017
$476
1%
$5,660
2%
2016
$471
8%
$5,570
2%
2015
$438
1%
$5,480
42%
2014
$434
18%
$3,870
36%
2013
$367
—
$2,850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by West USA Realty

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7040 W Olive Avenue #40, Peoria, AZ 85345 (MLS# 6994015) is a Townhouse property with 2 bedrooms and 1 full bathroom. 7040 W Olive Avenue #40 is currently listed for $269,900 and was received on April 03, 2026. Want to learn more about 7040 W Olive Avenue #40? Do you have questions about finding other Townhouse real estate for sale in Peoria? You can browse all Peoria real estate or contact a Coldwell Banker agent to request more information.

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