7040 W Olive Avenue Unit 55, Peoria, AZ 85345

$220,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,006 Lot Size (sq. ft.): 1,060 Status: Active

Current Price: $220,000 Last Modified: 10/11/2026

Overview

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

Listing Details MLS# 7087000

Location, Tax & Legal

House Number: 7040
Compass: W
Street Name: Olive
St Suffix: Avenue
City/Town Code: Peoria
State/Province: AZ
Zip Code: 85345
Zip4: 8884
Country: US
County Code: Maricopa
Assessor Number: 143-11-733
Subdivision: OLIVE SQUARE CONDOMINIUMS PHASE 1
Tax Year: 2026

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Townhouse
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 2
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1006
Price/SqFt: 218.69
Horses: N
Builder Name: unknown
Year Built: 1987
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: Peoria High School

Remarks Misc

Cross Street: 67th Ave / Olive Ave
Directions: Olive Ave to north on 70th Ave (to the south of the entrance is 69th Ave- ie across from 69th ave. the entrance to Olive Square is set back a bit. Pass the guard gate and take an immediate right. Then left at end and 3rd covered carport is parking space and unit generic flyer in docs tab

Legal Info

Township: 3N
Range: 1E
Section: 25
Lot Number: 55

Basement

Basement Y/N: N

More Information

Items Updated

Floor Yr Updated: 2026

Parking Spaces

Carport Spaces: Yes
Total Covered Spaces: Yes

Showing Notification Methods

Showing Service: Aligned Showings

DPR Eligible

DPR Eligible: Yes

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity; Private Toilet Room Master Bedroom: Split Fireplace Features: Fireplace Living Rm Flooring: Laminate; Wood Window Features: Screens Community Pool Features: Outdoor Spa: None Community Features: Community Spa Dining Area: Dining in LR/GR Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Refrigerator Laundry: Stacked Washer/Dryer Interior Features: Vaulted Ceiling(s) Exterior Features: Patio; Storage Parking Features: Assigned Parking Road Surface Type: Asphalt 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 Fencing: Wrought Iron Landscaping: Grass Front Showing Notification Methods: Email Lockbox Type: Supra Possession: Close of Escrow Unit Style: All on One Level; No Common Walls; End Unit Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional Disclosures: None

Documents

7040 W Olve generic Flyer short ›

Listing Office: HomeSmart

Office Phone: 602-230-7600

Office Email: rlarue@hsmove.com

Last Updated: October - 11 - 2026