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  3. Peoria, AZ
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  5. 7040 W Olive Ave
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7040 W Olive Ave

7040 W Olive Ave, Peoria, AZ, 85345
Olive Square

YEAR BUILT

1988

# STORIES

1

# TOTAL UNITS

27

UNIT SIZE RANGE

852-1,101 sqft

Description

7040 W Olive Ave sits in Peoria, Arizona, near the intersection of N 91st Ave and W Northern Ave. The site belongs to the Olive Square community. The Agua Fria River lies nearby, adding to the scenic beauty of the area. Quick access to the 101 freeway connects to various parts of the city. This low-rise building has 1 story and consists of 27 condominium units. Construction finished in 1988. The unit sizes range from 852 to 1,101 square feet, with each unit having 2 bedrooms. Prices vary from $248,000 to $263,638, depending on the specific unit and its amenities. Many local services are nearby. Mi Casa Su Casa LLC provides a dining option close by. Juice Paradise offers grocery shopping needs. Elite Southwest Balfour serves as the nearby public school. Various shopping areas, like Arrowhead Mall and Westgate, are also within reach. Some community amenities focus on leisure and convenience. A playground sits on-site, enhancing outdoor enjoyment. Residents have access to a community pool, providing a place to relax. A gated back patio and vaulted ceilings deliver additional comfort in select units. Rental opportunities are available, making this property appealing for investors as well. Recent developments in housing add features like smart home technology and high ceilings in some units. The structure compliments the local surroundings with simple architecture. The balance of community amenities and nearby points of interest makes this location a well-rounded choice.

Building ImageMLS ID #5336710
Building ImageMLS ID #5336710
Building Image
Building ImageView Listing

7040 W Olive Ave

7040 W Olive Ave, Peoria, AZ, 85345


Olive Square

YEAR BUILT

1988

# STORIES

1

# TOTAL UNITS

27

UNIT SIZE RANGE

852-1,101 sqft

Description

7040 W Olive Ave sits in Peoria, Arizona, near the intersection of N 91st Ave and W Northern Ave. The site belongs to the Olive Square community. The Agua Fria River lies nearby, adding to the scenic beauty of the area. Quick access to the 101 freeway connects to various parts of the city. This low-rise building has 1 story and consists of 27 condominium units. Construction finished in 1988. The unit sizes range from 852 to 1,101 square feet, with each unit having 2 bedrooms. Prices vary from $248,000 to $263,638, depending on the specific unit and its amenities. Many local services are nearby. Mi Casa Su Casa LLC provides a dining option close by. Juice Paradise offers grocery shopping needs. Elite Southwest Balfour serves as the nearby public school. Various shopping areas, like Arrowhead Mall and Westgate, are also within reach. Some community amenities focus on leisure and convenience. A playground sits on-site, enhancing outdoor enjoyment. Residents have access to a community pool, providing a place to relax. A gated back patio and vaulted ceilings deliver additional comfort in select units. Rental opportunities are available, making this property appealing for investors as well. Recent developments in housing add features like smart home technology and high ceilings in some units. The structure compliments the local surroundings with simple architecture. The balance of community amenities and nearby points of interest makes this location a well-rounded choice.

Next

Description

7040 W Olive Ave sits in Peoria, Arizona, near the intersection of N 91st Ave and W Northern Ave. The site belongs to the Olive Square community. The Agua Fria River lies nearby, adding to the scenic beauty of the area. Quick access to the 101 freeway connects to various parts of the city. This low-rise building has 1 story and consists of 27 condominium units. Construction finished in 1988. The unit sizes range from 852 to 1,101 square feet, with each unit having 2 bedrooms. Prices vary from $248,000 to $263,638, depending on the specific unit and its amenities. Many local services are nearby. Mi Casa Su Casa LLC provides a dining option close by. Juice Paradise offers grocery shopping needs. Elite Southwest Balfour serves as the nearby public school. Various shopping areas, like Arrowhead Mall and Westgate, are also within reach. Some community amenities focus on leisure and convenience. A playground sits on-site, enhancing outdoor enjoyment. Residents have access to a community pool, providing a place to relax. A gated back patio and vaulted ceilings deliver additional comfort in select units. Rental opportunities are available, making this property appealing for investors as well. Recent developments in housing add features like smart home technology and high ceilings in some units. The structure compliments the local surroundings with simple architecture. The balance of community amenities and nearby points of interest makes this location a well-rounded choice.

7040 W Olive Ave Market Stats Last 12 months

Avg. Listed Price$280,000
Avg. Sale Price-
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings1 Listed
Total sold0 Sold
Average Days on Market0 days
Average HOA fees per sqft-
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Market Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings1 Listed
Total sold0 Sold
Average Days on Market0 days
Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

7040 W Olive Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 2121110122512023-04-27
MLS#: 6528646 		Closed$248,000
Unit 96961101221072022-09-29
MLS#: 6416927 		Closed$263,638
Unit 1919100622342015-10-23
MLS#: 5336710 		Closed$98,000
Unit 19
19

2 Beds

2 Baths

1006 sqft

DateStatusPrice
2015-10-23Closed$98,000
MLS#: 5336710
Days On Market34
Unit 21
21

2 Beds

2 Baths

1101 sqft

DateStatusPrice
2023-04-27Closed$248,000
MLS#: 6528646
Days On Market51
Unit 96
96

2 Beds

2 Baths

1101 sqft

DateStatusPrice
2022-09-29Closed$263,638
MLS#: 6416927
Days On Market107
View Complete Unit Listing HistorySource By: ARMLS

Amenities

Living at 7040 W Olive Ave means indulging in a variety of amenities designed for relaxation and enjoyment. Imagine unwinding after a long day with a stroll through the on-site playground—perfect for weekend picnics or playdates! Plus, this condo is VA Approved, meaning it’s accessible to many military families looking to buy. With rental options available, this setup opens the door for flexibility should you decide to invest in rental income while enjoying your space.

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Amenities Description

Living at 7040 W Olive Ave means indulging in a variety of amenities designed for relaxation and enjoyment. Imagine unwinding after a long day with a stroll through the on-site playground—perfect for weekend picnics or playdates! Plus, this condo is VA Approved, meaning it’s accessible to many military families looking to buy. With rental options available, this setup opens the door for flexibility should you decide to invest in rental income while enjoying your space.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Security System

Security System

Patio

Patio

Policies

While specific building policies haven’t been detailed, it’s always a great idea to familiarize yourself with any homeowner’s association rules and regulations. Typically, these can cover everything from pet policies to maintenance responsibilities, helping you to ensure a smooth living experience and a harmonious community atmosphere.

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Amenities Description

While specific building policies haven’t been detailed, it’s always a great idea to familiarize yourself with any homeowner’s association rules and regulations. Typically, these can cover everything from pet policies to maintenance responsibilities, helping you to ensure a smooth living experience and a harmonious community atmosphere.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
7040 W Olive Ave--
9439 N 59th Ave$246/sqft.$4 /sqft.
5236 W Peoria Ave$194/sqft.$6 /sqft.
10100 N 89th Ave$232/sqft.$6 /sqft.
10101 N 91st Ave$240/sqft.$7 /sqft.
8888 N 47th Ave$268/sqft.$5 /sqft.

Nearby Schools

7040 W Olive Ave is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Ira A. Murphy Elementary School

C-
Public|Grades KG–8
7231 W North Ln|0.84 miles away

Santa Fe Elementary School

C
Public|Grades KG–8
9880 N 77th Ave|1.08 miles away

West-Mec Glendale Community College

--
Public|Grades 9–12
6000 W Olive Ave|1.13 miles away

Gcc Early Childhood Learning Lab

--
Public|Grades PK–PK
6000 W Olive Ave|1.13 miles away

Sahuaro Ranch Elementary School

C+
Public|Grades KG–8
10401 N 63rd Ave|1.14 miles away

Academy of Math and Science Peoria Advanced

--
Public|Grades KG–8
7785 W Peoria Ave|1.32 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

7040 W Olive Ave is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Ira A. Murphy Elementary School

C-
Public|Grades KG–8
7231 W North Ln|Less than 1 Mile Away

Santa Fe Elementary School

C
Public|Grades KG–8
9880 N 77th Ave|1.08 Miles Away

West-Mec Glendale Community College

--
Public|Grades 9–12
6000 W Olive Ave|1.13 Miles Away

Gcc Early Childhood Learning Lab

--
Public|Grades PK–PK
6000 W Olive Ave|1.13 Miles Away

Sahuaro Ranch Elementary School

C+
Public|Grades KG–8
10401 N 63rd Ave|1.14 Miles Away

Academy of Math and Science Peoria Advanced

--
Public|Grades KG–8
7785 W Peoria Ave|1.32 Miles Away

Sundance Elementary School

C
Public|Grades PK–8
7051 W Cholla St|1.32 Miles Away

Copperwood Elementary School

B+
Public|Grades KG–8
11232 N 65th Ave|1.42 Miles Away

Little Scholars Academy

--
Private|Grades PK–KG
6702 W Cholla St|1.45 Miles Away

Desert Spirit School

C+
Public|Grades KG–8
7355 W Orangewood ...|1.79 Miles Away

Peoria Elementary School

C-
Public|Grades PK–8
11501 N 79th Ave|1.80 Miles Away

Glendale American School

C-
Public|Grades KG–8
8530 N 55th Ave|1.82 Miles Away

Rcb College Preparatory Academy

--
Public|Grades 9–12
7033 W Cactus Rd|1.84 Miles Away

Sunset Vista School

C+
Public|Grades KG–8
7775 W Orangewood ...|1.97 Miles Away

Transit

7040 W Olive Ave benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

59th Av & Alice Av

1.35 miles away|26 min walk

59th Av & Brown St

1.45 miles away|28 min walk

59th Av & Cholla St

1.9 miles away|37 min walk

59th Av & Desert Cove Av

1.78 miles away|35 min walk

59th Av & Evergreen Rd

1.44 miles away|28 min walk

59th Av & Freeway Ln

1.39 miles away|27 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

7040 W Olive Ave benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

59th Av & Alice Av

1.35 miles away|26 min walk

59th Av & Brown St

1.45 miles away|28 min walk

59th Av & Cholla St

1.9 miles away|37 min walk

59th Av & Desert Cove Av

1.78 miles away|35 min walk

59th Av & Evergreen Rd

1.44 miles away|28 min walk

59th Av & Freeway Ln

1.39 miles away|27 min walk

59th Av & Hayward Av

1.83 miles away|35 min walk

59th Av & Mercer Ln

1.73 miles away|34 min walk

59th Av & Morten Av

1.96 miles away|38 min walk

59th Av & Mountain View Rd

1.36 miles away|27 min walk

59th Av & Northern Av

1.69 miles away|33 min walk

59th Av & Olive Av

1.3 miles away|25 min walk

59th Av & Peoria Av

1.57 miles away|30 min walk

59th Av & Royal Palm Rd

1.55 miles away|30 min walk

59th Av & Seldon Ln

1.41 miles away|28 min walk

59th Av & Sunnyslope Ln

1.3 miles away|25 min walk

59th Av & Vogel Av

1.33 miles away|26 min walk

67th Av & 8401 North

0.83 miles away|16 min walk

67th Av & Alice Av

0.49 miles away|10 min walk

67th Av & Belmont Av

1.51 miles away|29 min walk

67th Av & Brown St

0.74 miles away|15 min walk

67th Av & Butler Dr

0.67 miles away|13 min walk

67th Av & Cactus Rd

1.86 miles away|36 min walk

67th Av & Carol Av

0.37 miles away|8 min walk

67th Av & Cholla St

1.4 miles away|27 min walk

67th Av & Desert Cove Av

1.16 miles away|23 min walk

67th Av & Diana Av

0.57 miles away|11 min walk

67th Av & Frier Dr

1.38 miles away|27 min walk

67th Av & Lupine Av

1.47 miles away|29 min walk

67th Av & Mountain View Rd

0.5 miles away|10 min walk

67th Av & Myrtle Av

1.87 miles away|36 min walk

67th Av & Olive Av

0.36 miles away|7 min walk

67th Av & Orangewood Av

1.62 miles away|32 min walk

67th Av & Peoria Av

0.9 miles away|18 min walk

67th Av & Sierra St

1.65 miles away|32 min walk

67th Av & Sunnyside Dr

1.68 miles away|33 min walk

67th Av & Sunnyslope Ln

0.38 miles away|8 min walk

83rd Av & 9500 North

1.67 miles away|32 min walk

83rd Av & Alice Av

1.7 miles away|33 min walk

83rd Av & Butler Dr

1.77 miles away|34 min walk

83rd Av & Monroe St

1.73 miles away|34 min walk

83rd Av & Mountain View Rd

1.69 miles away|33 min walk

83rd Av & Olive Av

1.65 miles away|32 min walk

83rd Av & Peoria Av

1.82 miles away|35 min walk

83rd Av & Vogel Av

1.66 miles away|32 min walk

83rd Av & Washington St

1.83 miles away|35 min walk

Alice Av & 66th Dr

0.59 miles away|12 min walk

Hayward Av & 59th Av

1.86 miles away|36 min walk

Myrtle Av & 65th Av

1.95 miles away|38 min walk

Myrtle Av & 66th Dr

1.89 miles away|37 min walk

The Neighbourhood: Acacia

Acacia is a neighborhood in Maricopa County, Arizona. The area has parks and open spaces for walking and play, and small shops and grocery stores offer everyday essentials. The district includes local schools, basic medical services, and shopping centers that meet daily needs. People find cafes and casual restaurants along main streets, and community centers host events and sports. Public buses and local transit run through the area, and highways give direct car access to nearby towns. The district remains convenient and easy to use for daily life and errands.

Next

Neighbourhood Description

Acacia is a neighborhood in Maricopa County, Arizona. The area has parks and open spaces for walking and play, and small shops and grocery stores offer everyday essentials. The district includes local schools, basic medical services, and shopping centers that meet daily needs. People find cafes and casual restaurants along main streets, and community centers host events and sports. Public buses and local transit run through the area, and highways give direct car access to nearby towns. The district remains convenient and easy to use for daily life and errands.

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7040 W Olive Ave Demographics

Age Demographics

0–14 Years

21.98%

15–29 Years

21.36%

30–44 Years

19.45%

45–59 Years

21.94%

60+ Years

15.27%

Commute

1.72%

Transit

3.09%

Walk

86.02%

Drive

0.09%

Bike

Housing Ownership

53.23%

Owner Occupied

46.77%

Rental Units

Household Types

Single Family
27.07%
Multi Family
16.58%
Single Person
28.97%
Multi Person
71.03%

Average Income

Household:$5,363,809.26 /yr

Individual:$2,326,210.29 /yr

Education

Bachelors Degree9.41%
High School College37.1%
Diploma6.9%
Post Graduate5.33%
Others41.26%
Next

Education

Diploma6.9%
Post Graduate5.33%
Others41.26%
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  1. Home
  2. /Peoria, AZ
  3. /
    7040 W Olive Ave
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850078501285021
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