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

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$426,900 - 4Br/3Ba - for Sale in Mountain Grove Community, Phoenix
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: 38

Courtesy of HomeSmart

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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. 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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Property Details and Features

  • Appliances & Equipment
  • “Built-in Microwave”
  • “Built-In Electric Oven”
  • Bathrooms
  • 1 half bathroom
  • 2 full bathrooms
  • 3 total bathrooms
  • Bedrooms
  • 4 total bedrooms
  • Building
  • Built in 2011
  • Living area: 1958
  • Construction materials: “Stucco”, “Wood Frame”
  • Cooling
  • “Central Air”
  • Fence
  • “Block”
  • Floors
  • “Carpet”
  • “Tile”
  • Garage
  • 2 spaces
  • Heating
  • “Forced Air”
  • Home Owner’s Association
  • Association fee: $327
  • Association fee frequency: Quarterly
  • Association fee includes: “Maintenance Grounds”
  • Interior Features
  • “Full Bth Master Bdrm”
  • Listing
  • Listing ID: 7026831
  • Standard status: Active
  • 46 days on market
  • Location
  • Subdivision name: MOUNTAIN GROVE COMMUNITY
  • Lot
  • 0.09 acres
  • 3,930 sqft
  • “Gravel/Stone Front”
  • “Gravel/Stone Back”
  • “Synthetic Grass Back”
  • Possession
  • “Close Of Escrow”
  • Roof
  • “Tile”
  • Schools
  • Elementary school: Bernard Black Elementary School
  • High school: Camelback High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,851
  • Lot: 58

Property Map

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

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Brian Young PLLC
HomeSmart Elite Group
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653) Office
838388 E Hartford Drive Suite 100, Scottsdale, Arizona 85255
Fax:

Request More Information

Brian Young PLLC
HomeSmart Elite Group
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653) Office
838388 E Hartford Drive Suite 100, Scottsdale, Arizona 85255
Fax:

Schedule a Showing

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This content last updated on June 28, 2026 2:19AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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