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Realty of AmericaValley Wide Agents

Valley Wide Agents · brokered by Realty of America LLC

7424 S 27TH Terrace, Phoenix, AZ 85042 — photo 1 of 9
7424 S 27TH Terrace, Phoenix, AZ 85042 — photo 2 of 9
7424 S 27TH Terrace, Phoenix, AZ 85042 — photo 3 of 9
7424 S 27TH Terrace, Phoenix, AZ 85042 — photo 4 of 9
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7424 S 27TH Terrace, Phoenix, AZ 85042 — photo 8 of 9
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$426,900

Active

7424 S 27TH Terrace, Phoenix, AZ 85042

4

Beds

3

Baths

1,958

Sq ft

$218

Price / sq ft

3,930 sq ft

Lot size

2 stories

Stories

No pool

Pool

No

Spa

2-car

Garage

2011

Year built

$327/mo

HOA

Single Family Residence

Property type

MOUNTAIN GROVE COMMUNITY

Subdivision

63 days

On market

About this 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!

Charles Barrett

AZ Lic. #SA650612000 · Valley Wide Agents at Realty of America LLC

Location

Listing courtesy of HomeSmart

Listing last updated in ARMLS on June 20, 2026 at 10:16 PM MST