Listing provided courtesy of Fathom Realty Elite- MLS# 7003310MLS Provider

5550 N 16TH Street #123Phoenix, AZ 85016

Condo/Townhouse · 3 Beds · 2 Full Baths · 1 Half Bath · 1,858 Sq. ft. | 0.02 Acres
$538,500 UCB (Under Contract-Backups)

5550 N 16TH Street #123 Overview

Time on Site:
97 days
Visits:
0

Welcome to this beautifully updated, move-in ready townhome in the heart of North Central Phoenix--one of the city's most sought-after locations. Perfectly positioned near some of the area's hottest dining and entertainment spots, you're also just a short bike ride from the iconic Arizona Biltmore Hotel and the shops at Biltmore Fashion Park. Offering 3 bedrooms, ( or 2+ office), 2.5 baths, and 1,858 square feet of thoughtfully designed living space, this home combines comfort, style, storage and convenience. Enjoy the ease of direct entry from your private 2-car garage, making everyday living seamless. At the center of the home is an incredibly spacious chef's kitchen, ideal for cooking and entertaining alike, featuring a gas range, refrigerator, granite countertops, and a center island, making this space both functional and inviting. It will become the perfect spot to gather with family and friends! Located within the highly regarded Madison Elementary School District, this home offers exceptional access to top-rated education along with the best of easy urban living. This large floor plan rarely comes on the market, so don't miss this opportunity to own this well- maintained townhome in one of Phoenix's most vibrant and convenient neighborhoods.

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5550 N 16TH Street #123 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,858
  • Price/Sq.ft. $290
  • Lot 0.02 Acres

Details

General

Association/HOA

  • Association Fee: $400.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Roof Repair,Insurance,Pest Control,Maintenance Grounds,Street Maint,Front Yard Maint,Trash,Water,Roof Replacement,Maintenance Exterior
  • Association Name: Madison Pl @ Greer M
  • Association: true

School Information

  • School District: Phoenix Union High School District
  • Elementary School: Madison #1 Elementary School
  • Middle Or Junior School: Madison #1 Elementary School
  • High School: Central High School

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Information

  • Builder Name: Meritage
  • Year Built: 2008

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: MADISON PLACE AT GREER MANOR CONDOMINIUM
  • Township: 2N

Community/Development

  • Community Features: Pool

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $2,759.00
  • Tax Year: 2025

General Information

  • Disclosures: Agency Discl Req,Seller Discl Avail
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 162-02-160
  • Possible Use: None
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

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

Building Interior

  • Building Area Source: Assessor

General Information

  • Fireplace: false
  • Flooring: Carpet,Vinyl
  • Interior Features: High Speed Internet,Granite Counters,Double Vanity,Breakfast Bar,9+ Flat Ceilings,Kitchen Island,Pantry,Full Bth Master Bdrm,Separate Shwr \u0026 Tub
  • Laundry Features: Inside
  • Living Area: 1858.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Security Features: Fire Sprinkler System
  • Spa Features: Heated
  • Stories Total: 1
  • Window Features: Screens,Dual Pane,Vinyl Frame

Unit Information

  • Unit Number: 123

Exterior

Parking Information

  • Parking Features: Attached Garage,Garage Door Opener

Lot Information

  • Lot Features: Sprinklers In Front,Desert Front,Auto Timer H2O Front
  • Lot Size Area: 769.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 769.0
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Water Source: City Water

Building Exterior/Construction

  • Architectural Style: Other
  • Attached Garage: false
  • Construction Materials: Stucco,Wood Frame,Brick
  • Property Attached: true
  • Roof: Tile

General Information

  • Covered Spaces: 2.0
  • Exterior Features: Private Street(s)
  • Fencing: Other,Block,Wrought Iron
  • Horse: false
  • Pool Private: false
  • Sewer: Sewer in \u0026 Cnctd,Public Sewer
  • Utilities: Natural Gas Connected

5550 N 16TH Street #123 Neighborhood

Community

85016 (Phoenix) Demographics

38
Median Age
3,911
Population Density (per sq. mile)
52%
College Educated
$66,759
Estimated Median Income
8,433
Estimated Total Home Owners
8,685
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5550 N 16TH Street #123 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5550 N 16TH Street #123 Market Data

Based on the last 30 days in this zip code

$863,583
Average List Price
$468
Average Price per Square Foot
30
Properties Sold
99
Average Days on Market
273
Properties for Sale
Calculations provided by Reliance Network

5550 N 16TH Street #123 History

Date Event Value Agent
5/28/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
UCB (Under Contract-Backups)
3/24/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
March 24, 2026