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7424 S 27th Terrace, Phoenix, AZ 85042

Phoenix
Local realty services provided by:CENTURY 21 Arizona West
7424 S 27th Terrace,Phoenix, AZ 85042
$426,900
  • 4 Beds
  • 3 Baths
  • 1,958 sq. ft.
  • Single family
  • Active
Listed by: kaden kent
Office: homesmart
MLS#:7026831
Source:ARMLS

Price summary

  • Price:$426,900
  • Price per sq. ft.:$218.03
  • Monthly HOA dues:$109

About this home

RARE 2.25% ASSUMABLE VA LOAN - A FINANCING OPPORTUNITY YOU DON'T SEE OFTEN! With interest rates significantly higher today, this home offers a unique chance for qualified buyers to potentially save hundreds per month by assuming the seller's existing 2.25% VA loan (subject to lender and VA approval). The current loan balance is approximately $189,000 with an estimated monthly payment of around $1,200. Buyers would need approximately $237,900 in cash, secondary financing, or a combination of both to cover the difference between the purchase price and the assumable loan balance. Beyond the financing advantage, this well-maintained home offers comfortable living in a convenient Phoenix location. Enjoy a functional floor plan with inviting living spaces!

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Home facts

  • Year built:2011
  • Subdivision & Development:MOUNTAIN GROVE COMMUNITY
  • Listing ID #:7026831
  • Updated:July 30, 2026 at 03:27 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Flooring:Carpet, Tile
  • Living area:1,958 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2011
  • Building area:1,958 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Gravel/Stone Back, Gravel/Stone Front, Synthetic Grass Back
  • Construction Materials:Stucco

Schools

  • High school:Camelback High School
  • Middle school:Valley View School
  • Elementary school:Bernard Black Elementary School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$426,900
  • Price per sq. ft.:$218.03
  • Tax amount:$2,851 (2025)

Parking

  • Garage:Yes
  • Garage spaces:2
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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