7040 W OLIVE Avenue # 40 Peoria, AZ $ 269,900
7040 W OLIVE Avenue # 40
$ 269,900
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7040 W OLIVE Avenue # 40

Peoria, AZ, 85345
$ 269,900
Bedrooms2 Baths1.0 Sq 852

Monthly Estimate*

$ 1,662

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Condo for sale in Peoria, AZ

for $269,900 with 2 bedrooms and 1 full bath. This 852 square foot condo was built in 1987 on a lot size of 0.02.

Rare Standalone Townhome Across from Community Pool & Spa! Don't miss this rare opportunity to own a charming 2 bedroom, 1 bath standalone townhome ideally located directly across from the community pool and spa. This inviting home features an open-concept kitchen and living area, perfect for everyday living or entertaining. Recent updates include luxury vinyl plank flooring installed in 2024 and a new water heater in 2025, offering modern style and peace of mind. The primary bedroom includes a private patio exit and overlooks the peaceful greenbelt, while the front bedroom enjoys views of the pool area. The bathroom features dual entry access, adding convenience and functionality. All appliances are included: -Refrigerator -Stainless steel flat-top range -Built-in microwave -Dishwasher -Newer stackable washer & dryer (2022) Step outside to relax on the enclosed back patio adjacent to the greenbelt, perfect for quiet mornings or entertaining guests. Residents also enjoy easy access to the community pool and spa just steps away. Located in a highly convenient area near shopping, dining, and Glendale Community College, this home combines comfort, updates, and an excellent location. A truly special property -- must see!

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Condo Active

Price

$ 269,900

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 417

Style

Ranch

Lot Size

0.02

Year Built

1987

Town/City

Peoria

County/Region

Maricopa

MLS | Web ID

6994015

Features
Interior
Interior Amenities High Speed Internet Breakfast Bar No Interior Steps Laminate Counters
Flooring Vinyl
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Screens Dual Pane
Fireplace Y/N N
Laundry Features Inside Wshr/Dry HookUp Only
Total Bedrooms 2
Total Baths 1
Bedrooms Possible 2
Built-in Microwave True
Laminate Counters True
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General
Sewer Sewer in & Cnctd Public Sewer
Heating Heat Pump Electric
Cooling Heat Pump Central Air Ceiling Fan(s)
Utilities SRP
Possession Close Of Escrow
Roof Composition Tile
HOA Fee 283.0
Garage Spaces 0.0
Association Fee Includes Insurance Pest Control Maintenance Grounds Street Maint Front Yard Maint Trash Maintenance Exterior
Architectural Style Ranch
Construction Materials Stucco Wood Frame Painted
Year Built 1987
Township 3N
Unit Number 40
Property Subtype Townhouse
Tax Year 2025
Ownership Condominium
Community Features Pool Community Spa Community Spa Htd Near Bus Stop Biking/Walking Path
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name OLIVE SQUARE CONDOMINIUMS PHASE 1
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions East on Olive Ave. Left on Olive Square. Drive to the left of the complex and park north of the cluster mailbox. Walk down sidewalk toward the community pool. Property located on the left side of the
High School Centennial High School
City Peoria
Disclosures Agency Discl Req Seller Discl Avail
Association Name Olive Square Condos
High School District Peoria Unified School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 828.0
Carport Spaces 1.0
Carport Y/N N
Spa Features None
Elementary School Ira A Murphy
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 417.0
Home Warranty Y/N N
Current Financing FHA
Middle/Junior High School Ira A Murphy
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.zillow.com/view-imx/089a64b6-cfee-49c6-828f-a7518eb05b88?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Builder Name Design Master Homes
Standard Status Active
Occupancy Type Interim Occupant
Elementary School District Peoria Unified School District
Tax Lot 40
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 283.0
New Financing Cash True
New Financing: VA True
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Exterior
Fencing Block Wrought Iron
Parking Features Assigned
Lot Features Borders Common Area Desert Front Grass Back
Water Source City Water
Lot Size Area 828.0
Spa N
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7040
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* Excluded Features
List By
West Usa Realty

Broker

theilesen@msn.com

Email

Affordability Calculator

$1,697
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$35
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327805 Elementary School
4327321 Middle School
Centennial High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2026$269,900 Listed Price

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7040 W OLIVE Avenue # 40, Peoria, AZ, 85345 is a Condo for sale at $269,900 with 852 sqft and a lot size of 0.02. 7040 W OLIVE Avenue # 40 has 2 bedrooms, 1.0 baths, and was built in 1987. The property's zip code is 85345 which is in Peoria, AZ