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7020 W OLIVE Avenue #224, Peoria, AZ, 85345

2beds
2baths
994sqft
$264,500
$266price/sqft
$2,077/moest. monthly cost
$83,080/yrincome needed

About This Home

Come see this 2-bedroom, 2-bath condo in a well-kept community features tile flooring throughout , vaulted ceilings, and a 2024 HVAC system. The home includes an enclosed patio for extra space, Inside laundry. Fridge, Washer, Dryer included. Beautiful Common areas, and pool, spa.

Getting Around

37
WalkingCar-Dependent
34
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

4/10
7/10
Centennial High SchoolGrades 9-123.7 mi

Construction

Condition

  • Year built: 1985

Materials

  • Roof: Composition
  • Construction materials: Stucco,Wood Frame,Painted

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Breakfast Bar,Full Bth Master Bdrm
  • Window features: Skylight(s)
  • Flooring: Tile
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 994
  • Total interior livable area: 994 sqft

Property

Details

  • Parcel number: 14311749
  • Attached to another structure: Yes

Features

  • Stories: 1
  • Patio & porch: Covered,Patio
  • Spa features: None
  • Fencing: Block

Lot

  • Lot size: 1,235 sqft
  • Features: Borders Common Area,North/South Exposure,Grass Front

Parking

  • Total spaces: 1
  • Parking features: Assigned,Common
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,337$16,044
Home Insurance $78$936
Property Taxes $446$5,352
Electricity $216$2,603
Total$2,077$24,924

Income You'd Need if You Spent...

35% on housing$71,211/yr
40% on housing$62,310/yr
45% on housing$55,386/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$266This listing

vs Other Active Listings

Avg $/sqft

ZIP 85345$135
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85345$234
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-18Listed for sale$269,000
2020-11-04Sold$170,000
2020-10-26Pending sale$167,500
2020-09-18Listed for sale$167,500
2015-06-30Listing removed$949
2015-06-27Listed for rent$949
2015-06-12Sold$83,000
2015-05-23Listed for sale$83,000
2013-04-27Sold$63,000
2013-03-01Listed for sale$65,000
1994-01-27Sold$53,943

For Sale by Agent

AgentLaura Romero
BrokerageHomeSmart

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