7040 W OLIVE Avenue 40, Peoria, AZ 85345 (MLS# 6994015)

7040 W OLIVE Avenue 40, Peoria, AZ 85345

$269,900

Virtual Tour

https://www.zillow.com/view-imx/089a64b6-cfee-49c6-828f-a7518eb05b88?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 852 Lot Size (sq. ft.): 828 Status: Active

Current Price: $269,900 List Date: 4/03/2026 Last Modified: 4/11/2026

Overview

Description

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.

Supplements: 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 awa ... (Read more)

Open Houses

Saturday, April 18, 10:00 am - 12:00 pm

Listing Details MLS# 6994015

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: 8883
County Code: Maricopa
Assessor Number: 143-11-718
Subdivision: OLIVE SQUARE CONDOMINIUMS PHASE 1
Tax Year: 2025
Unit #: 40
Assessor's Map #: 11
Legal Description (Abbrev): LOT 40 OLIVE SQUARE CONDOMINIUMS PHASE 1 MCR
Assessor's Parcel #: 718
Tax Municipality: Peoria
Taxes: 417

Contract Information

Type: Exclusive Right To Sell
Ownership: Condominium
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: Yes
Total Bathrooms: Yes
Approx SQFT: 852
Price/SqFt: 316.78
Horses: N
Builder Name: Design Master Homes
Year Built: 1987
Approx Lot SqFt: 828
Approx Lot Acres: 0.019
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Marketing Name: Olive Square Condominiums
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
Half Bathrooms: 0

Remarks Misc

Cross Street: Olive Ave and 71st Ave
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 pool (directly across from the pool).

Legal Info

Township: 3N
Range: 1E
Section: 25
Lot Number: 40

Basement

Basement Y/N: N

More Information

Items Updated

Floor Yr Updated: 2024
Floor Partial/Full: Full
Plmbg Yr Updated: 2025
Plmbg Partial/Full: Partial
Ht/Cool Yr Updated: 2005
Ht/Cool Partial/Full: Full
Kitchen Yr Updated: 2015
Kitchen Partial/Full: Partial
Bath(s) Yr Updated: 2015
Bath(s) Partial/Full: Partial

Parking Spaces

Carport Spaces: Yes
Total Covered Spaces: Yes
Slab Parking Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Composition: Yes
Tile: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 0
HOA Fee: 283
HOA Paid Frequency: Monthly
HOA Name: Olive Square Condos
HOA Telephone: 520-742-5674
HOA Management Company: Associa Arizona
HOA Management Phone: 520-742-5674
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 516
Disclosure Fees HOA: 400
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 283

Lockbox Type

Combo: Yes

Architecture

Ranch: Yes

Master Bathroom

None: Yes

Flooring

Vinyl: Yes

Window Features

Screens: Yes
Dual Pane: Yes

Community Features

Biking/Walking Path: Yes
Community Spa: Yes
Community Spa Htd: Yes
Near Bus Stop: Yes

Dining Area

Breakfast Bar: Yes
Dining in LR/GR: Yes

Heating

Heat Pump: Yes
Electric: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Electric Range: Yes
Laminate Counters: Yes
Built-in Microwave: Yes
Refrigerator: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Heat Pump: Yes

Interior Features

No Interior Steps: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
Stacked Washer/Dryer: Yes
Washer Hookup: Yes
220 V Dryer Hookup: Yes
Inside: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: Yes
High Speed Internet: Yes

Fencing

Block: Yes
Wrought Iron: Yes

Water Source

City Water: Yes

Community Pool Features

Fenced: Yes
Heated: Yes
Outdoor: Yes
Play Pool: Yes

Exterior Features

Patio: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Assigned Parking: Yes

New Financing

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

Plumbing

Electric Hot Wtr Htr: Yes

Utilities

SRP: Yes

Existing 1st Loan

FHA: Yes

Property Description

Borders Common Area: Yes

Landscaping

Desert Front: Yes
Grass Back: Yes

Services

City Services: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Exterior Mnt of Unit: Yes
Blanket Ins Policy: Yes
Sewer: Yes
Garbage Collection: Yes
Pest Control: Yes
Front Yard Maint: Yes
Common Area Maint: Yes
Street Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
Rental OK (See Rmks): Yes
FHA Approved Prjct: Yes
Prof Managed: Yes

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: None Flooring: Vinyl Window Features: Screens; Dual Pane Community Pool Features: Fenced; Heated; Outdoor; Play Pool Spa: None Community Features: Biking/Walking Path; Community Spa; Community Spa Htd; Near Bus Stop Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Laminate Counters Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer; Washer Hookup; 220 V Dryer Hookup; Inside Interior Features: No Interior Steps Technology: Cable TV Avail; High Speed Internet Exterior Features: Patio Parking Features: Assigned Parking Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition; Tile Cooling: Central Air; Ceiling Fan(s); Heat Pump Heating: Heat Pump; Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Wrought Iron; Block Property Description: Borders Common Area Landscaping: Desert Front; Grass Back Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: Exterior Mnt of Unit; Blanket Ins Policy; Sewer; Garbage Collection; Pest Control; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: FHA New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Documents

CC&Rs ›

CC&Rs Amended 2021 ›

By-Laws ›

Listing Office: West USA Realty

Last Updated: April - 11 - 2026