7040 W Olive Avenue #94, Peoria, AZ 85345 - Photo 1

1/1

$268,500

Sold
Closed
Townhouse
2 Beds
2 Full Baths
0.03 Acres

1/1

Property Description

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.

Full Property Details

Full Property Details for 7040 W Olive Ave #94

General

Sold For: $268,500
HOA FEE: $258/month
Taxes: $482 (2024)
Status: Closed
Type: Townhouse
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6874651
Added to Site: 229 day(s) ago

Interior

Number of Rooms: 4
Interior Features: High Speed Internet, Granite Counters, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
Fireplace: Yes
Number of Fireplaces: 1
Appliances: Electric Cooktop
Flooring: Carpet, Tile

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Exterior

Exterior Features: Private Yard

Parking

Parking Features: Assigned, Common

Location

County: Maricopa
Township: 3N
Subdivision: OLIVE SQUARE CONDO PH 1B UNIT 64-102
Cross Streets: 75th Ave and Olive

Community

Association: Yes
Assoc. Name: Olive Square
Assoc. Fees Include: Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Heating & Cooling

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

Utilities

Water: City Water

Structural Information

Exterior Const.: Stucco, Wood Frame
Roof: Tile
Common Walls: No Common Walls
Windows: Solar Screens
Sq. Ft. Source: Assessor
Year Built: 1988

Lot Features

Lot Size (Acres): 0.03
Lot Size (Sq. Ft.): 1,098
Lot Size Source: Assessor
Lot Features: Borders Common Area, Corner Lot, Gravel/Stone Front
Fencing (Description): Block, Wrought Iron

Financial Considerations

Association Fee: $258
Assoc Fee Freq.: Monthly
Tax Amount: $482
Tax Year: 2024
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: N/A, Owner/Agent
Legal Description: LOT 94 OLIVE SQUARE CONDO PH 1B UNIT 64-102 MCR 031149
Property ID: 143-11-781
Range: 1E
Section: 25
Lot Number: 94

Listed by HomeSmart
Sold by Delex Realty

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Schools

Schools serving 7040 W Olive Ave #94

School District:Peoria Unified School District

Name	Grades	Distance
Ira A Murphy 7231 West North Lane, Peoria, AZ 85345	K-8	0.8 mi
Centennial High School 14388 North 79th Avenue, Peoria, AZ 85381	9-12	3.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7040 W Olive Ave #94

Date

Details

Price

Change

Source

12/11/2025

Sold

$268,500

-4.11%

MLS

8/22/2025

Price Reduced

$280,000

-1.75%

MLS

6/02/2025

Listed

$285,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7040 W Olive Avenue #94, Peoria, AZ 85345 (MLS# 6874651) is a Townhouse property that was sold at $268,500 on December 11, 2025. Want to learn more about 7040 W Olive Avenue #94? 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.

7040 W Olive Ave #94 Peoria, AZ 85345