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7040 Olive Ave

Peoria, AZ 85345

2 bd 2 ba 1,101 sqft Built 1988 Lot 1,110 sqft condos
Most recent sale
$263,638
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $263,638 MLS #6416927
Sep 8, 2022 Price changed $288,000 MLS #6416927
Aug 11, 2022 Price changed $293,000 MLS #6416927
Jul 29, 2022 Price changed $297,000 MLS #6416927
Jul 15, 2022 Price changed $318,000 MLS #6416927
Jul 1, 2022 Price changed $334,000 MLS #6416927
Jun 14, 2022 Listed $350,000 MLS #6416927
May 19, 2022 Sold $311,100 Public Record
Aug 17, 2015 Sold $90,000 Public Record
Aug 2, 2015 Listing removed $89,000 ArizonaRegionalMLS
Jul 23, 2015 Listed $89,000 MLS #5310956
Aug 31, 2000 Sold $77,800 Public Record
Oct 29, 1998 Sold $69,500 Public Record
Aug 6, 1991 Sold $51,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $11,390 $2,840 $14,230 $571
2021 $10,980 $2,740 $13,720 $511
2020 $9,390 $2,340 $11,730 $516
2019 $6,830 $1,700 $8,530 $499
2018 $5,980 $1,490 $7,470 $483
2017 $5,460 $1,360 $6,820 $483
2016 $5,470 $1,360 $6,830 $478
2015 $5,700 $1,420 $7,120 $446
2014 $4,110 $1,020 $5,130 $473
2013 $2,600 $650 $3,250 $362
2012 $3,040 $760 $3,800 $401
2011 $4,000 $1,000 $5,000 $442
2009 $10,840 $2,710 $13,550 $1,017
2008 $11,400 $2,850 $14,250 $956
2007 $8,080 $2,020 $10,100 $836

Property facts

Year built
1988
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,101 sqft
Lot size
1,110 sqft
ZIP code
85345
City
Peoria
Street
Olive Ave
Coordinates
33.56973, -112.20923

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,707
Gross rental yield
7.77%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 7040 Olive Ave last sell?
7040 Olive Ave most recently sold on Sep 29, 2022 for $263,638.
What is the current tax assessment for 7040 Olive Ave?
The most recent total assessment for 7040 Olive Ave (year 2022) is $14,230 with $571 in property tax.
How does 7040 Olive Ave's assessment compare to its last sale price?
The current assessment is 94.6% below the last sale price of $263,638.
When was 7040 Olive Ave built?
7040 Olive Ave was built in 1988.
How does 7040 Olive Ave compare to others on Olive Ave?
We track 8 other properties on Olive Ave. Browse the list under "Other properties on Olive Ave" to compare beds, baths, and sale history.
What are the property facts for 7040 Olive Ave?
7040 Olive Ave is a 2 bed, 2 bath, 1,101 sqft, 1,110 sqft lot condos.
Is 7040 Olive Ave a flip candidate?
No — 7040 Olive Ave does not appear in our flips dataset.
Is 7040 Olive Ave a tax-appeal candidate?
No — 7040 Olive Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-6.6%
Implied 1-yr
-26.5%
2026 Q3
$167.6K
2026 Q4
$148K
ZIP 85345 — Median Price History + Forecast

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