7040 W OLIVE Avenue 2, Peoria, AZ 85345

$185,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,006 Lot Size (sq. ft.): 971 Status: Closed
Current Price: $185,000 Last Modified: 2/25/2026

Description

Charming patio style home in the Peoria area! Check out this great starter home complete with newer 16'' tile throughout with upgraded carpet in the bedrooms! Step into a neutral inviting color palette and open floorplan, with kitchen that opens out onto combined dining/living room area and spacious Master & Guest Suites with ensuite bathrooms. it even has its own private patio to enjoy the great outdoors. Kitchen features cherry wood cabinets. Best of all the home is located in the well maintained Olive Square community! Featuring a community pool, playground area, & BBQ sites. Close to GCC, Grand, & WestGate! Schedule your appointment today!

More Information MLS# 6175317

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $185,000 Status: Closed Current Price: $185,000 List Date: 2020-12-29

Location, Tax & Legal

Unit #: 2 Assessor's Map #: 11 Assessor's Parcel #: 680 Tax Municipality: Peoria Taxes: 624 Map Code/Grid: M31 House Number: 7040 Compass: W Street Name: OLIVE St Suffix: Avenue City/Town Code: Peoria State/Province: AZ Zip Code: 85345 Zip4: 8881 County Code: Maricopa Assessor Number: 143-11-680 Subdivision: OLIVE SQUARE Tax Year: 2020

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 1006 Price/SqFt: 183.89 Approx Lot SqFt: 971 Approx Lot Acres: 0.022 Horses: N Builder Name: DESIGN MASTER HOMES Elementary School District: Peoria Unified School District High School District: Peoria Unified School District Elementary School: Ira A Murphy Jr. High School: Ira A Murphy High School: Raymond S. Kellis Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: No Dwelling Type: Patio Home Exterior Stories: 1 # Bedrooms: 2 Total Bathrooms: 2 Year Built: 1986

Legal Info

Range: 1E Section: 25 Township: 3N Lot Number: 2

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Status Update

Multiple Offers Received: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Transfer Fee: 180 HOA Fee: 199 HOA Paid Frequency: Monthly HOA Name: OLIVE SQUARE HOA HOA Telephone: (480) 948-5860 X 113 HOA Management Company: AMCOR MANAGEMENT PRO HOA Management Phone: (480) 948-5860 X 113 HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 199

Lockbox Type

Supra: 1

Master Bathroom

Full Bth Master Bdrm: 1 Double Vanity: 1

Master Bedroom

Split: 1

Additional Bedroom

Separate Bedroom Exit: 1 Master Bedroom Walk-in Closet: 1

Flooring

Carpet: 1 Tile: 1

Dining Area

Dining in LR/GR: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Range/Oven Elec: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Laundry

Stacked Washer/Dryer: 1 Inside: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Other: 1 See Remarks: 1

Water Source

City Water: 1

Exterior Features

Patio: 1 Storage: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 1 Total Covered Spaces: 1 Carport Spaces: 1

Parking Features

Assigned Parking: 1 Unassigned: 1

New Financing

Cash: 1 Conventional: 1

Utilities

SRP: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

North/South Exposure: 1

Landscaping

Gravel/Stone Front: 1 Grass Back: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1

Services

City Services: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Prof Managed: 1

Sold Info

Loan Type: Conventional Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: 67th Ave & Peoria Directions: Use GPS. Once you arrive to the complex, it's the unit by the front, second to the right hand side. Geo Lat: 33.567467 Geo Lon: -112.209653

Status Change Info

Off Market Date: 2021-02-03 Under Contract Date: 2021-01-02 Close of Escrow Date: 2021-02-02 Sold Price: $185,000

Property Features

Special Listing Cond: N/A Status Update: Multiple Offers Received Master Bathroom: Full Bth Master Bdrm; Double Vanity Master Bedroom: Split Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Flooring: Carpet; Tile Spa: None Dining Area: Dining in LR/GR Kitchen Features: Range/Oven Elec; Disposal; Dishwasher Laundry: Stacked Washer/Dryer; Inside Exterior Features: Patio; Storage Parking Features: Assigned Parking; Unassigned Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Other; See Remarks Property Description: North/South Exposure Landscaping: Gravel/Stone Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: West USA Realty
IDX
Last Updated: February - 25 - 2026
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