7424 S 27TH Terrace Phoenix, AZ $ 426,900
7424 S 27TH Terrace
$ 426,900
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7424 S 27TH Terrace

Phoenix, AZ, 85042
$ 426,900
Bedrooms4 Baths2.1 Sq 1,958

Monthly Estimate*

$ 2,695

7424 S 27TH Terrace, Phoenix, AZ 85042 - Image 1
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7424 S 27TH Terrace, Phoenix, AZ 85042 - Image 8
7424 S 27TH Terrace, Phoenix, AZ 85042 - Image 9

Single Family Home for sale in Phoenix, AZ

for $426,900 with 4 bedrooms and 2 full baths, 1 half bath. This 1,958 square foot home was built in 2011 on a lot size of 0.09.

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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Single Family Active

Price

$ 426,900

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,851

Style

Residential

Lot Size

0.09

Year Built

2011

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7026831

Features
Interior
Interior Amenities Full Bth Master Bdrm
Flooring Carpet Tile
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features See Remarks
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Built-in Microwave True
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities SRP
Possession Close Of Escrow
Roof Tile
HOA Fee 327.0
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds
Construction Materials Stucco Wood Frame
Year Built 2011
Township 1N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Quarterly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Subdivision Name MOUNTAIN GROVE COMMUNITY
Possible Use None
Total Rooms 0
Special Listing Conditions N/A
Status Active
High School Camelback High School
City Phoenix
Disclosures Seller Discl Avail
Association Name Mountain Grove
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 3930.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Bernard Black Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2851.0
Home Warranty Y/N N
Current Financing VA Assume - Qualify
Middle/Junior High School Valley View School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name WILSON PARKER HOMES
Standard Status Active
Occupancy Type Owner
Elementary School District Roosevelt Elementary District
Tax Lot 58
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 109.0
New Financing Cash True
New Financing: VA True
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Exterior
Fencing Block
Lot Features Gravel/Stone Front Gravel/Stone Back Synthetic Grass Back
Water Source City Water
Lot Size Area 3930.0
Spa N
Lot Size Acres 0.09
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7424
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* Excluded Features
List By
Homesmart

Broker

kadenkent47@gmail.com

Email

Affordability Calculator

$2,933
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,695
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327625 Elementary School
4327837 Middle School
Camelback High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2026$426,900 -0.72% Price Down
5/21/2026$430,000 Listed Price

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7424 S 27TH Terrace, Phoenix, AZ, 85042 is a Single Family Home for sale at $426,900 with 1,958 sqft and a lot size of 0.09. 7424 S 27TH Terrace has 4 bedrooms, 2.1 baths, and was built in 2011. The property's zip code is 85042 which is in Phoenix, AZ