6942 West Olive Avenue

Local assessors in Peoria, AZ have categorized 6942 West Olive Avenue as a unknown type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 643,505 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6942 West Olive Avenue has a total of 1,999 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from unknown system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - unknown. The building has a roof that is made of unknown. Residents rely on unknown for their cooling system. The home's unknown is the primary heating source. The property was last sold in Oct 1, 2020 for $14,710,000. That's $7,358.68 per sqft. Prior to that sales transaction, the property was also sold in May 14, 2014 for $7,350,000. 6942 West Olive Avenue was last assessed in 2023. The total value of the property was assessed at $199,840. Specifically, the land the property is located on was valued at $133,360. While improvements on the property were assessed at a total of $66,480. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,942. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!