7040 W OLIVE Avenue 9, Peoria, AZ 85345 (MLS# 6407576)

7040 W OLIVE Avenue 9, Peoria, AZ 85345

$310,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,101 Lot Size (sq. ft.): 1,060 Status: Closed

Current Price: $310,000 Last Modified: 6/17/2026

Overview

Description

Updated patio home in Olive Square is sure to impress. Soaring vaulted ceiling upon entry, you will also notice the real wood fire place and large living room. Kitchen offers newer stainless appliances, granite counters, subway backsplash, painted cabinets and peninsula for stools. Off the kitchen is the laundry, full bathroom and guest bedroom. Large master has walk in closet, ensuite with updated dual vanities, new toilet and new shower surround. Back yard has a private patio with plenty of room to entertain. AC replace in 2018, water heater replaced in 2020

Listing Details MLS# 6407576

Location, Tax & Legal

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
Country: US
County Code: Maricopa
Assessor Number: 143-11-687
Subdivision: OLIVE SQUARE CONDOMINIUMS PHASE 1
Tax Year: 2021
Unit #: 9
Assessor's Map #: 11
Legal Description (Abbrev): LOT 9 OLIVE SQUARE CONDOMINIUMS PHASE 1 MCR 032103
Assessor's Parcel #: 687
Tax Municipality: Peoria
Taxes: 575

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple

General Property Description

Dwelling Type: Patio Home
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 2
Total Bathrooms: 2
Approx SQFT: 1101
Price/SqFt: 281.56
Horses: N
Builder Name: DESIGN MASTER HOMES
Year Built: 1989
Approx Lot SqFt: 1060
Approx Lot Acres: 0.024
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: Yes
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: Centennial High School

Remarks Misc

Directions: When entering off of olive, take your first right, park in an uncovered spot along olive, take the path, unit 9 will be the third home on the left

Status Change Info

Off Market Date: 2022-06-21
Under Contract Date: 2022-05-30
Close of Escrow Date: 2022-06-20

Legal Info

Township: 3N
Range: 1E
Section: 25
Lot Number: 9

More Information

Basement

Basement Y/N: N

Items Updated

Ht/Cool Yr Updated: 2020
Ht/Cool Partial/Full: Full
Roof Yr Updated: 2018
Roof Partial/Full: Partial
Kitchen Yr Updated: 2020
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2022
Bath(s) Partial/Full: Partial

Parking Spaces

Carport Spaces: Yes
Slab Parking Spaces: Yes
Total Covered Spaces: Yes

Sold Info

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

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Tile: Yes

Status Update

Multiple Offers Received: Yes

Association & Fees

HOA Y/N: Y
HOA Transfer Fee: 187
HOA Fee: 239
HOA Paid Frequency: Monthly
HOA Name: Olive Square
HOA Telephone: 4809485860
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 239

Lockbox Type

Supra: Yes

Master Bathroom

3/4 Bath Master Bdrm: Yes
Double Vanity: Yes

Master Bedroom

Split: Yes

Additional Bedroom

Other Bedroom Split: Yes
Master Bedroom Walk-in Closet: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes

Dining Area

Formal: Yes
Eat-in Kitchen: Yes

Heating

Electric: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Built-in Microwave: Yes
Range/Oven Elec: Yes
Refrigerator: Yes
Electric Cooktop: Yes
Granite Counters: Yes

Cooling

Central Air: Yes

Interior Features

Vaulted Ceiling(s): Yes

Laundry

Washer Hookup: Yes

Other Rooms

Family Room: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

None: Yes

Water Source

City Water: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Utilities

APS: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Property Description

Borders Common Area: Yes

Landscaping

Desert Front: Yes
Auto Timer H2O Back: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Exterior Mnt of Unit: Yes
Roof Repair: Yes
Roof Replacement: Yes
Pest Control: Yes
Front Yard Maint: Yes
Common Area Maint: Yes
Street Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
No Visible Truck Trailer RV Boat: Yes
Rental OK (See Rmks): Yes

Property Features

Special Listing Cond: N/A Status Update: Multiple Offers Received Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet Flooring: Carpet; Laminate; Tile Spa: None Dining Area: Formal; Eat-in Kitchen Kitchen Features: Range/Oven Elec; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters Laundry: Washer Hookup Other Rooms: Family Room Interior Features: Vaulted Ceiling(s) Construction: Wood Frame Const - Finish: Stucco Roofing: Tile Cooling: Central Air Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: None Property Description: Borders Common Area Landscaping: Desert Front; Auto Timer H2O Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Pest Control; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: West USA Realty

Last Updated: June - 17 - 2026