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7040 W Olive Avenue, Unit 55
Peoria, AZ 85345
1 day ago
NEW
$220,000
Active
2
Beds
2
Baths
0.02
Acres
1987
Yr. Built
MLS# 7087000
Cumulative Days on Market: Less than 1
· Includes prior listings
· Currently listed since 09/30/26
· Data provided by the MLS.
Property 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.
Property Highlights
Property Type
Residential
Property Sub Type
Townhouse
Bedrooms
2
Total Bathrooms
2
Living Area
1,006
Price / Sqft
$219
Acres
0.02
Year Built
1987
Location
City/Township
Peoria
Subdivision
OLIVE SQUARE CONDOMINIUMS PHASE 1
County
Maricopa
Property Details
Price
$220,000
Property Type
Residential
Property Sub Type
Townhouse
Building
Stories
1
Community
Community Features
Pool, Community Spa
Local Schools
Elementary School
Ira A Murphy
Middle School
Ira A Murphy
High School
Peoria High School
School District
Peoria Unified School District
Interior Features
Bedrooms and Bathrooms
Total Bathrooms
2
Full Bathrooms
2
Bedrooms
2
Area and Spaces
Living Area
1,006
Appliances
Appliances
Stacked Washer/Dryer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
Interior Features
Interior Features
Double Vanity, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
Flooring
Laminate, Wood
Window Features
Screens
Fireplace Features
Living Room
Heating and Cooling
Heating Features
Electric
Cooling Included
Yes
Has Fireplace
Yes
Fireplaces
1
Building Details
Construction
Builder
unknown
Year Built
1987
Common Walls
No Common Walls, End Unit
Materials
Construction Materials
Stucco, Wood Frame, Painted
Roof
Tile
Terms
Terms
Ownership
Fee Simple
Disclosures
None
Special Conditions
N/A
Special Terms
Cash, Conventional
Taxes
Tax
Tax (Annual)
$606
HOA
Has HOA
Yes
Association Fee
$283 /mo
Association Fee Includes
Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior
Heating, Cooling & Utilities
Cooling Features
Central Air, Ceiling Fan(s)
Utilities
Sewer
Public Sewer
Water Source
Public
Lot
Acres
0.02
Lot Size
1,060
Lot Size Area Sq Ft
1,060
Lot Features
Grass Front
Road Surface
Asphalt
Exterior Features
Exterior Features
Storage, Patio
Patio And Porch Features
Patio
Fencing
Wrought Iron
Parking
Carport Spaces
1
Covered Spaces
1
Parking Features
Assigned
Pool Features
Spa Features
None
Listed by HomeSmart, 602-230-7600
Listing Data last updated 09/30/2026 02:40 pm
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Property History
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Property information last updated
Today
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: Less than 1 days (includes prior listings)
· Currently listed since September 30, 2026.
Data provided by the MLS.
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Listed by HomeSmart, Jeanne C Davidson