7424 S 27th Terrace, Phoenix, AZ 85042
- $426,900
- 4
- BD
- 3
- BA
- 1,958
- SqFt
- List Price
- $426,900
- Price Change
- ▼ $3,100 1782037327
- Days on Market
- 88
- Status
- ACTIVE
- MLS#
- 7026831
- City
- Phoenix
- Bedrooms
- 4
- Bathrooms
- 3
- Living SQFT
- 1,958
- Lot Size
- 3,930
- Subdivision
- Mountain Grove Community
- Year Built
- 2011
- Type
- Single Family Residence
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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Additional Information
- Elementary School
- Bernard Black Elementary School
- High School
- Camelback High School
- Middle School
- Valley View School
- Acres
- 0.09
- Assoc Fee Includes
- Maintenance Grounds
- Hoa Fee
- $327
- Hoa Fee Frequency
- Quarterly
- Hoa
- Yes
- Hoa Name
- Mountain Grove
- Builder Name
- WILSON PARKER HOMES
- Community
- Mountain Grove Community
- Construction
- Wood Frame, Stucco
- Cooling
- Central Air
- Fencing
- Block
- Flooring
- Carpet, Tile
- Garage Spaces
- 2
- Heating
- Forced Air
- Laundry
- See Remarks
- Living Area
- 1,958
- Lot Size
- 3,930
- New Financing
- Cash, VA Loan, FHA, Conventional
- Lot Features
- Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
- Roofing
- Tile
- Spa
- None
- Stories
- 2
- Subdivision
- Mountain Grove Community
- Taxes
- $2,851
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of HomeSmart.
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