NOT LISTED FOR SALE

7428 S 27th Terrace Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $406,034 - $460,000

3 Beds
2.5 Baths
2,079 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $285,000 $137 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,570/month

19 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of March 2020

Amazing opportunity to live on a fantastic gated community in Phoenix! This two story beauty offers low maintenance front yard and 2 car garage. Step inside to discover neutral fresh paint, tile flooring in traffic areas, formal living/dining room, bright family room, and a cozy loft upstairs. Kitchen includes stainless steel appliances, ample cabinetry w/crown molding, tile back-splash, granite countertops, island, and breakfast nook. Spacious master suite has carpet, full bath with double sinks, separate tub & shower, and a walk-in closet. Out the back you'll see a nice covered patio with amazing landscaping potential. Mountain Groove is within walking distance to Golf course and Mountain Preserve. You don't wanna miss this opportunity. Call to book a showing today!

Last Agent to Sell the Property

Ryon Genet

Balboa Realty, LLC License #SA663529000 Listed on: 01/24/2020

Last Buyer's Agent

Vaughn Parker

The Compass Group License #SA686169000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 2011 | Under Construction

Lot Details

  • 3,901 Sq Ft Lot
  • Desert faces the front of the property
  • Private Streets
  • Block Wall Fence

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,079 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Roosevelt Elementary School
  • South Mountain High Middle School
  • Phoenix Union Cyber High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 122-95-072

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Mountain Groove Association, Phone Number (480) 539-1396
  • Built by Wilson Parker Homes
  • Mountain Grove Community Subdivision, Mesquite Floorplan

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,933

Year Built

Built in 2011 | Under Construction

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Cross Street: S 32nd St & E Baseline Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 85.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2011
  • Tax Year: 2019
  • Master Model: Mesquite
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: MOUNTAIN GROVE COMMUNITY
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 255.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2079.0
  • Stories: 2
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Dirt Back, Gravel/Stone Front, Natural Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Near Bus Stop, Biking/Walking Path
  • Association Fee: 255.0
  • Association Fee Frequency: Quarterly
  • Association Name: Mountain Groove
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Mountain Groove
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Phoenix Union Cyber High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: South Mountain High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3901.0
  • Parcel #: 122-95-072

Building Info

  • Builder Name: Wilson Parker Homes

Tax Info

  • Tax Annual Amount: 2933.0
  • Tax Book Number: 122.00
  • Tax Lot: 57
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 2, 2020
Sold by
Motamarri Sucharitha and Maddula Viswa Srk
Bought by
Benavides Stephanie
Seller's Agent
Ryon Genet
Balboa Realty, LLC
Buyer's Agent
Vaughn Parker
The Compass Group
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%
Current Estimated Value
$426,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,759
Avg. Annual Appreciation
7.50%
Original Mortgage
$284,900
Outstanding Balance
$251,838
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$174,921

Purchase Details

Closed on
Jan 10, 2012
Sold by
Wilson Parker Homes Of Mountain Grove In
Bought by
Motamarri Sucharitha and Maddula Viswa Srk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,406
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2008
Sold by
Home National Bank
Bought by
Performance Energy Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,301,416
Interest Rate
5.97%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Benavides Stephanie $285,000 Pioneer Title Agency Inc
Motamarri Sucharitha $150,215 First American Title
Performance Energy Partners Llc $2,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benavides Stephanie $284,900
Previous Owner Motamarri Sucharitha $146,406
Previous Owner Performance Energy Partners Llc $2,301,416
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $285,000 -1.7% $137 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $290,000 0.0% $139 / Sq Ft
02/10/2020 02/10/20 Price Changed $290,000 -3.0% $139 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/29/2020 01/29/20 Price Changed $298,900 +3.1% $144 / Sq Ft
01/24/2020 01/24/20 For Sale $289,900 -- $139 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,891 $21,504 -- --
2024 $2,746 $20,480 -- --
2023 $2,746 $30,910 $6,180 $24,730
2022 $2,689 $23,410 $4,680 $18,730
2021 $2,773 $23,050 $4,610 $18,440
2020 $2,738 $21,160 $4,230 $16,930
2019 $2,933 $19,330 $3,860 $15,470
2018 $2,854 $19,470 $3,890 $15,580
2017 $2,720 $19,270 $3,850 $15,420
2016 $2,587 $17,130 $3,420 $13,710
2015 $2,111 $18,430 $3,680 $14,750
Source: Public Records

Agents Affiliated with this Home

  • Ryon Genet

    Seller's Agent in 2020

    Ryon Genet

    Balboa Realty, LLC

    (480) 254-9197

    51 Total Sales

    Ryon Genet
    Section Image

  • V

    Buyer's Agent in 2020

    Vaughn Parker

    The Compass Group

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6028162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-95-072

Arizona Maricopa County Phoenix 85042 South Mountain

7428 S 27th Terrace, Phoenix, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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