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$430,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 0.09 Acres
  • 2 Car Garage
  • Updated 1 day ago
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RARE 2.25% ASSUMABLE VA LOAN - SAVE THOUSANDS IN INTEREST Don't miss this opportunity to own 7424 S 27th Terrace in South Phoenix--featuring a highly desirable assumable VA loan with a below-market interest rate (for qualified buyers), a major advantage in today's market. Step inside to a bright, open layout with spacious living areas, a functional kitchen with plenty of storage, and comfortable bedrooms throughout. The backyard offers plenty of space to relax, entertain, or design your own outdoor oasis. Located in a gated community just minutes from shopping, dining, parks, and with quick freeway access, this home combines convenience with everyday comfort.

Full Property Details for 7424 S 27th Terrace

General

  • Price: $430,000
  • HOA FEE: $109/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $2,851 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7026831
  • Updated: 5/21/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Full Bth Master Bdrm
  • Appliances: Built-in Microwave, Built-In Electric Oven
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: See Remarks

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: MOUNTAIN GROVE COMMUNITY

Community

  • Association: Yes
  • Assoc. Name: Mountain Grove
  • Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Water: City Water

Structural Information

  • Builder: WILSON PARKER HOMES
  • Exterior Const.: Stucco, Wood Frame
  • Roof: Tile
  • Sq. Ft. Source: Assessor
  • Year Built: 2011

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,930
  • Lot Size Source: Assessor
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back

Financial Considerations

  • Association Fee: $327
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $2,851
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 58 MOUNTAIN GROVE COMMUNITY MCR 079346
  • Property ID: 122-95-073
  • Range: 3E
  • Section: 35
  • Lot Number: 58

Listed by HomeSmart

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— 7424 S 27th Terrace —

  • HomeSmart

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7424 S 27th Terrace

School Districts:Roosevelt Elementary District, Phoenix Union High School District
NameGradesDistance
T G Barr School
2041 East Vineyard Road, Phoenix, AZ 85042
PK-80.9 mi
South Mountain High School
5401 S 7th St, Phoenix, AZ 85040
9-122.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7424 S 27th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Listed
$430,000
199.89%
MLS
7/18/2011
Sold
$143,387
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7424 S 27th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,851
3%
$35,180
2%
2024
$2,778
3%
$34,530
-5%
2023
$2,693
2%
$36,380
19%
2022
$2,637
—
$30,620
32%
2022
$2,637
-3%
$23,180
2%
2021
$2,720
5%
$22,760
19%
2019
$2,595
-3%
$19,100
-8%
2020
$2,686
7%
$20,860
8%
2018
$2,521
7%
$19,260
1%
2017
$2,349
5%
$19,030
13%
2016
$2,229
8%
$16,880
-7%
2015
$2,071
6%
$18,180
43%
2014
$1,946
28%
$12,670
13%
2013
$1,526
—
$11,210
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 7424 S 27th Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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7424 S 27th Terrace, Phoenix, AZ 85042 (MLS# 7026831) is a Single Family property with 4 bedrooms and 2 full bathrooms. 7424 S 27th Terrace is currently listed for $430,000 and was received on May 25, 2026. Want to learn more about 7424 S 27th Terrace? Do you have questions about finding other Single Family real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

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