#6859104, Tina Cramp, Listing office: Keller Williams Legacy One

1201 N Olive Ave Casa Grande, AZ 85122
Property details
About 1201 N Olive Ave
Exceptional opportunity in the heart of Casa Grande—where versatility meets income potential. This expansive 3,756 sq. ft. residence, nestled on TWO fully fenced lots totaling over 25,000 sq. ft., comes with grandfathered rights as an assisted living facility, unlocking multiple avenues for growth, income, and long-term value. Whether you're an investor seeking your next high-yield venture, a care provider ready to re-establish operations, or a visionary homeowner imagining multigenerational living, this property delivers on all fronts. Improvements: Sewer line updated in 2025, new roof in 2017 Separate Guest Quarters: The property includes a separate guest suite with 2 bedrooms, providing flexibility for multi-generational living or rental opportunities.
Highlights
Summary
- Flooring Type: Carpet, Tile
- Interior: High Speed Internet, See Remarks, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
- Fireplace: 1 Fireplace, Living Room
- Total Bedroom Count: 5
- Parking: RV Access/Parking
- Exterior: Storage
- Architectural Style: Ranch
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling, Other
- List Price: $395,000
- Price/SqFt: $105
- Annual Tax Amount: $1,785
- Tax Year: 2025
- Lot: Corner Lot, Desert Front
- Directions: Head south on N Pinal Ave, Turn left onto W McMurray Blvd, Turn right onto N Olive Ave. Property will be on the right.
- Year Built: 1954
- Stories: 1
- Living Area: 3,756 SqFt
- Lot Size: 0.58 Acres
- MLS Number: 6893977
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Keller Williams Northeast Realty
- Office Phone: (623) 399-9949
- Office Email: jasonedhamann@icloud.com
- Listing Agent: Timothy Tiller, Lacy Brogdon
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Last updated on: 7/22/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 20, 2016 | Home Sold | $195,000 |
Jan 03, 2002 | Home Sold | $220,000 |
Jan 11, 1996 | Home Sold | $139,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2025 | $48,937 | $1,785 |
2024 | $52,113 | $1,824 |
2023 | $34,491 | $1,793 |
2022 | $29,367 | $1,905 |
2021 | $29,029 | $1,723 |
2020 | $13,316 | $1,717 |
2019 | $12,773 | $1,717 |
2018 | $12,273 | $1,767 |
History based on county public records data.
Nearby schools
2
Saguaro Elementary School
Public District KG-5
0.3 mi
•1501 N Center Ave
3
Palo Verde Elementary School
Public District KG-5
1.1 mi
•40 N Roosevelt Ave
2
Ironwood Elementary School
Public District KG-5
1.4 mi
•1500 N Colorado St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,207. Most Casa Grande, AZ residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1201 N Olive Ave
The listing price of 1201 N Olive Ave property is $395,000.
The property 1201 N Olive Ave is a house located in Casa Grande, Arizona, 85122.
Active Listing: 1201 N Olive Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1201 N Olive Ave are: Saguaro Elementary School (GreatSchools Rating 2/10), Palo Verde Elementary School (GreatSchools Rating 3/10), Ironwood Elementary School (GreatSchools Rating 2/10), Casa Grande Middle School (GreatSchools Rating 1/10), Evergreen Elementary School (GreatSchools Rating 3/10), Legacy Traditional School - Casa Grande (GreatSchools Rating 7/10), PPEP Tec - Alice S. Paul Learning Center (GreatSchools Rating 2/10), Mission Heights Preparatory High School (GreatSchools Rating 7/10), Vista Grande High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2025 is $1,785 (source: MLS/based on county public records data).
The last sale was on June 20, 2016 for $195,000 (source: MLS/tax record).
The property at 1201 N Olive Ave has 5 bedrooms and 6 bathrooms.
The property 1201 N Olive Ave is 3,756 SqFt (source: MLS/tax record).
The year of construction for 1201 N Olive Ave is 1954.
This home is located at 1201 N Olive Ave in Casa Grande, AZ and zip code 85122 in the Ward Park neighborhood. This 3,756 square foot home, which was built in 1954, sits on a 0.58 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $395,000.
In June 2025 more than 14 listings in Casa Grande, AZ were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 42 were sold below. Between May and June 2025, Casa Grande, AZ real estate market has seen decrease in the number of listings by 1.7%. The median list price of listings available in June 2025 was $330,000, while the average time on the real estate market was 82 days.