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$285,000

7040 W Olive Ave Unit 94 Peoria, AZ 85345

2 beds
2 baths
1,101 sqft
0.03 acres
$259 / sqft
Townhouse

Property details

About 7040 W Olive Ave Unit 94

Experience the Privacy of Detached Living - No Shared Walls! Welcome to this beautifully updated and spacious 2-bedroom, 2-bath single-level patio home in a quiet, conveniently located community of fully detached residences. Recent upgrades include: NEW A/C (2024) Water Heat(2022) NEW Stainless Steel Frigidaire Gallery Appliances - featuring a stove with bake, convection, and AIR FRY functions Granite countertops, fresh paint, updated flooring, blinds, toilets,& ceiling fans This home features: Vaulted ceilings in the living and kitchen areas A large great room with a cozy fireplace Neutral tile throughout main living areas, plush carpet in bedrooms A split floor plan offering privacy and space A fenced back courtyard with gate access to a lush, grassy common area

Highlights

Home typeTownhouse
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,101 sqft
Lot size0.03 Acres
Year built1988
ParkingAssigned, Common
MLS #6874651
Fireplace1 Fireplace

Summary

  • Flooring Type: Carpet, Tile
  • Interior: High Speed Internet, Granite Counters, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Fireplace: 1 Fireplace
  • Total Bedroom Count: 2
  • Parking: Assigned, Common
  • Exterior: Private Yard
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $285,000
  • Price/SqFt: $258
  • HOA Amount: $258 Monthly
  • Annual Tax Amount: $487
  • Tax Year: 2024
  • Lot: Corner Lot
  • Directions: After entering the community, turn right after security shack, follow around to unit 94 about 3/4 of the way back, entry on left
  • Year Built: 1988
  • Stories: 1
  • Living Area: 1,101 SqFt
  • Lot Size: 0.03 Acres
  • MLS Number: 6874651
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Office Email: rlarue@hsmove.com
  • Listing Agent: Andrea Villasenor

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 29, 2018
Home Sold
$140,000
Nov 30, 2011
Home Sold
$50,500
May 27, 2004
Home Sold
$92,000
Jun 25, 2002
Home Sold
$84,000
Apr 11, 1994
Home Sold
$57,000
Sep 04, 1990
Home Sold
$51,500

Tax history

YearAssessmentProperty Tax
2024$24,370$487
2023$18,650$477
2022$14,230$511
2020$11,730$516
2019$8,530$483
2017$6,820$483

History based on county public records data.

Nearby schools

4

Sunset Elementary School

Public District KG-6

2.9 mi

4626 W Mountain View Rd

3

Cactus Wren Elementary School

Public District KG-6

3.8 mi

9650 N 39th Ave

3

Manzanita Elementary School

Public District PK-6

3.8 mi

8430 N 39th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,167. The most common annual income of people living in Peoria, AZ is less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

46%
<35k
41%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
10%
Single, with Kids
23%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • ChevroletChevrolet

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7040 W Olive Ave Unit 94

The listing price of 7040 W Olive Ave Unit 94 property is $285,000.

The property 7040 W Olive Ave Unit 94 is a townhouse located in Peoria, Arizona, 85345.

Active Listing: 7040 W Olive Ave Unit 94 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7040 W Olive Ave Unit 94 are: Sunset Elementary School (GreatSchools Rating 4/10), Cactus Wren Elementary School (GreatSchools Rating 3/10), Manzanita Elementary School (GreatSchools Rating 3/10), Ira A. Murphy Elementary School (GreatSchools Rating 3/10), Santa Fe Elementary School (GreatSchools Rating 4/10), Sahuaro Ranch Elementary School (GreatSchools Rating 5/10), Peoria Flex Academy (GreatSchools Rating 6/10), Peoria High School (GreatSchools Rating 6/10), Crown Point High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $487 (source: MLS/based on county public records data).

The last sale was on June 29, 2018 for $140,000 (source: MLS/tax record).

The property at 7040 W Olive Ave Unit 94 has 2 bedrooms and 2 bathrooms.

The property 7040 W Olive Ave Unit 94 is 1,101 SqFt (source: MLS/tax record).

The year of construction for 7040 W Olive Ave Unit 94 is 1988.

This home is located at 7040 W Olive Ave Unit 94 in Peoria, AZ and zip code 85345 in the Acacia neighborhood. This 1,101 square foot home, which was built in 1988, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $285,000.

Peoria, AZ housing market in June 2025 saw over 27 listings sold above listed price, more than 56 sold at listed price and over 163 sold below. The inventory of homes for sale in Peoria, AZ between May and June 2025 decreased by 2.3%. Listings spent 63 days on the market in June 2025, and had a median list price of $525,844 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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