7040 W Olive Avenue # Unit 55 Peoria, AZ $ 220,000
7040 W Olive Avenue # Unit 55
$ 220,000
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7040 W Olive Avenue # Unit 55

Peoria, AZ, 85345
$ 220,000
Bedrooms2 Baths2.0 Sq 1,006

Monthly Estimate*

$ 1,389

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Townhouse for sale in Peoria, AZ

for $220,000 with 2 bedrooms and 2 full baths. This 1,006 square foot townhouse was built in 1987 on a lot size of 0.02.

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.

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Townhouse Active

Price

$ 220,000

Bedrooms

2

Full Bath

2

Property Type

Townhouse

Taxes

$ 606

Style

Residential

Lot Size

0.02

Year Built

1987

Town/City

Peoria

County/Region

Maricopa

MLS | Web ID

7087000

Features
Interior
Interior Amenities Double Vanity Vaulted Ceiling(s) 3/4 Bath Master Bdrm
Flooring Laminate Wood
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls End Unit
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Screens
Fireplace Y/N Y
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 283.0
Garage Spaces 0.0
Association Fee Includes Roof Repair Insurance Sewer Pest Control Maintenance Grounds Trash Water Roof Replacement Maintenance Exterior
Construction Materials Stucco Wood Frame Painted
Year Built 1987
Township 3N
Unit Number Unit 55
Property Subtype Townhouse
Tax Year 2026
Ownership Fee Simple
Community Features Pool Community Spa
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 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 rig
High School Peoria High School
City Peoria
Disclosures None
Association Name GUD Community Manage
High School District Peoria Unified School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 1060.0
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 606.0
Home Warranty Y/N N
Middle/Junior High School Ira A Murphy
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name unknown
Standard Status Active
Occupancy Type Vacant
Elementary School District Peoria Unified School District
Tax Lot 55
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 283.0
New Financing Cash True
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Exterior
Exterior Amenities Storage
Fencing Wrought Iron
Parking Features Assigned
Lot Features Grass Front
Water Source Public
Lot Size Area 1060.0
Spa N
Lot Size Acres 0.02
Road Surface Type Asphalt
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
Homesmart

Broker

Kerry@MyAgent.net

Email

Affordability Calculator

$1,440
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,389
Monthly Property Taxes
$51
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Peoria High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$220,000 Listed Price

Map


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7040 W Olive Avenue # Unit 55, Peoria, AZ, 85345 is a Townhouse for sale at $220,000 with 1,006 sqft and a lot size of 0.02. 7040 W Olive Avenue # Unit 55 has 2 bedrooms, 2.0 baths, and was built in 1987. The property's zip code is 85345 which is in Peoria, AZ