For sale

Price cut: $3.1K (6/21)

$426,900

7424 S 27TH Terrace, Phoenix, AZ 85042

4beds

1,958sqft

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Single Family Residence

Built in 2011

3,930 Square Feet Lot

$-- Zestimate^®

$218/sqft

$109/mo HOA

What's special

Comfortable livingFunctional floor planInviting living spacesWell-maintained 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!

58 days

471

19

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Built-in Microwave, Built-In Electric Oven
Laundry: See Remarks

Features

Full Bth Master Bdrm
Flooring: Carpet, Tile
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,958
Total interior livable area: 1,958 sqft

Property

Parking

Total spaces: 4
Parking features: Garage, Open
Garage spaces: 2
Uncovered spaces: 2

Features

Stories: 2
Spa features: None
Fencing: Block

Lot

Size: 3,930 Square Feet
Features: Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back

Details

Parcel number: 12295073

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco, Wood Frame
Roof: Tile

Condition

Year built: 2011

Details

Builder name: WILSON PARKER HOMES

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Subdivision: MOUNTAIN GROVE COMMUNITY

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $327 quarterly
HOA name: Mountain Grove
HOA phone: 480-539-1396

Location

Region: Phoenix

Financial & listing details

Price per square foot: $218/sqft
Tax assessed value: $345,300
Annual tax amount: $2,851
Date on market: 5/25/2026
Cumulative days on market: 48 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/21/2026	Price change	$426,900-0.7%$218/sqft
Source: ARMLS #7026831 Report a problem
5/21/2026	Listed for sale	$430,000+199.9%$220/sqft
Source: ARMLS #7026831 Report a problem
7/29/2011	Sold	$143,387$73/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,851 +2.6%	$34,530 -5.1%
2024	$2,778 +3.1%	$36,380 +90.2%
2023	$2,693 +2.1%	$19,130 -17.5%
2022	$2,637 -1.8%	$23,180 +1.8%
2021	$2,686 +3.5%	$22,760 +9.1%
2020	$2,595 +2.9%	$20,860 +9.2%
2019	$2,521	$19,100 -0.8%
2018	$2,521 +7.3%	$19,260 +1.2%
2017	$2,349 +13.4%	$19,030 +12.7%
2016	$2,071 +6.4%	$16,880 -7.2%
2015	$1,946	$18,180 +43.5%
2014	--	$12,670 +13%
2013	--	$11,210 +73%
2009	--	$6,480

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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