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!
For sale
$426,900
7424 S 27TH Terrace, Phoenix, AZ 85042
4beds
1,958sqft
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
- 152 days
- 263
- 19
Zillow last checked:
Listing updated:
Listed by:
Kaden Kent 480-999-8826,
HomeSmart
Source: ARMLS,MLS#: 7026831

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
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: 142 days
- Listing terms: VA Loan,Cash,Conventional,FHA
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Price change | $426,900-0.7%$218/sqft |
Source: | ||
| 5/21/2026 | Listed for sale | $430,000+199.9%$220/sqft |
Source: | ||
| 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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Neighborhood: South Mountain
Nearby schools
Schools provided by the listing agent
- Elementary: Bernard Black Elementary School
- Middle: Valley View School
- High: Camelback High School
- District: Roosevelt Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







