Date
Details
Price
Change
Source
9/30/2026
Listed
$220,000
—
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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$220,000 Just Listed
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Property Description
Olive Square is a unique community of many single family homes (no common walls) but are classified as condos. This home has an open floor plan, kitchen with breakfast bar and 2 pantries, dining area, 2 bedrooms and 2 bathrooms, large patio and updated flooring. The patio can be accessed, via sliding glass doors, from the living room or the main bedroom. The primary bedroom offers spacious bath, large walk-in closet and laundry. The community offers a pool and spa. The covered parking is right across from the front door for ease of use. Seller will work with buyer agent fee and seller concessions. VA approved
Full Property Details
Full Property Details for 7040 W Olive Ave #Unit 55
General
- Price: $220,000
- HOA FEE: $283/month
- Taxes: $606 (2026)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7087000
- Updated: 10/1/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Double Vanity, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Stacked Washer/Dryer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Storage
Parking
- Parking Features: Assigned
Location
- County: Maricopa
- Township: 3N
- Subdivision: OLIVE SQUARE CONDOMINIUMS PHASE 1
- Cross Streets: 67th Ave / Olive Ave
Community
- Association: Yes
- Assoc. Name: GUD Community Manage
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: Public
Structural Information
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Common Walls: No Common Walls, End Unit
- Windows: Screens
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,060
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: Grass Front
Financial Considerations
- Association Fee: $283
- Assoc Fee Freq.: Monthly
- Tax Amount: $606
- Tax Year: 2026
- Terms: VA Loan, Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 55 OLIVE SQUARE CONDOMINIUMS PHASE 1 MCR 032103
- Property ID: 143-11-733
- Range: 1E
- Section: 25
- Lot Number: 55
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— 7040 W Olive Ave #Unit 55 —
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Schools
Schools serving 7040 W Olive Ave #Unit 55
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7040 W Olive Ave #Unit 55
Tax History
Tax History for 7040 W Olive Ave #Unit 55
Year
Property Taxes
Change
Tax Assessment
Change
2025
$615
3%
$22,550
5%
2024
$598
-1%
$21,510
-7%
2023
$604
2%
$23,230
31%
2022
$592
—
$17,760
28%
2022
$592
-5%
$13,880
8%
2021
$620
-1%
$12,910
7%
2020
$624
3%
$12,020
27%
2019
$605
3%
$9,460
21%
2018
$587
—
$7,850
14%
2017
$585
1%
$6,910
-1%
2016
$578
7%
$6,980
2%
2015
$538
16%
$6,810
43%
2014
$462
18%
$4,750
36%
2013
$390
—
$3,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7040 W Olive Ave #Unit 55
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7040 W Olive Avenue #Unit 55, Peoria, AZ 85345 (MLS# 7087000) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 7040 W Olive Avenue #Unit 55 is currently listed for $220,000 and was received on September 30, 2026. Want to learn more about 7040 W Olive Avenue #Unit 55? 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.