MLS# 7026831 – 7424 S 27th Terrace, Phoenix, AZ 85042

Price: $426,900
Beds: 4
Baths: 2 full, 1 half
Living Area SqFt: 1,958
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.09
Lot Size SqFt: 3,930
Year Built: 2011
Neighborhood: Mountain Grove Community
Days on Website: 109

Courtesy of HomeSmart

Property Description

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. 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!

Open House

Property Details and Features

  • Appliances & Equipment
  • Built-in Microwave
  • Built-In Electric Oven
  • Bathrooms
  • 3 total bathrooms
  • 2 full bathrooms
  • 1 half bathroom
  • Bedrooms
  • 4 total bedrooms
  • 4 possible bedrooms
  • Building
  • Built in 2011
  • Living area: 1958.0
  • 2 stories
  • Construction Materials: Stucco, Wood Frame
  • Cooling
  • Central Air
  • Disclosures
  • Seller Discl Avail
  • Fence
  • Block
  • Floors
  • Carpet
  • Tile
  • Garage
  • 2 spaces
  • Heating
  • Forced Air
  • Home Owner’s Association
  • Association Fee: $327
  • Fee Frequency: Quarterly
  • Fee Includes: Maintenance Grounds
  • Interior Features
  • Full Bth Master Bdrm
  • Listing
  • Listing ID: 7026831
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Single Family Residence
  • On market as of 2026-05-25
  • 118 days on market
  • Special Conditions: N/A
  • Location
  • Subdivision: MOUNTAIN GROVE COMMUNITY
  • County/Parish: Maricopa
  • Lot
  • 0.09 acres
  • Gravel/Stone Front
  • Gravel/Stone Back
  • Synthetic Grass Back
  • Parking
  • 2 covered spaces
  • 2 open parking spaces
  • Possession
  • Close Of Escrow
  • Roof
  • Tile
  • Schools
  • Elementary School: Bernard Black Elementary School
  • Elementary School District: Roosevelt Elementary District
  • Middle School: Valley View School
  • High School: Camelback High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Parcel Number: 122-95-073
  • Public Survey Range: 3E
  • Public Survey Section: 35
  • Annual Amount: $2,851
  • Tax Book Number: 122.00
  • Legal Description: LOT 58 MOUNTAIN GROVE COMMUNITY MCR 079346
  • Lot: 58
  • Map Number: 95.00
  • Year: 2025
  • Utilities
  • Water Source: City Water

Property Map

$426,900 – 7424 S 27th Terrace, Phoenix, AZ 85042

Street View

Nearby Schools

Request More Information

Schedule a Showing

Similar Properties Nearby

This content last updated on September 7, 2026 2:50AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.