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$425,000 Just Listed
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Property Description
Fantastic townhome in the heart of N. Central Phoenix! Partially updated 3BR+/2.5BA gated townhome features a bright, open layout with a separate office/den w/ its own french doors that open to the back. The spacious great room offers a soaring two-story ceiling, and the large eat in/dining area flows into a spacious, well appointed kitchen with brand new stainless steel appliances! Upstairs incl. 3 generous size bedrooms/ 2 large bathrooms + separate office/den. Highlights include: plantation shutters throughout, large GR fan, private backyard, heated community pool/spa just steps from the home. The low-cost HOA is a plus and they recently painted the complex, replaced the roofs. This is a prime location minutes from Downtown, great midtown restaurants, shopping, sports venues, and mo
Full Property Details
Full Property Details for 5216 N 16th Ln
General
- Price: $425,000
- HOA FEE: $264/month
- Taxes: $2,529 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7051703
- Updated: Today (7/9/2026)
- Added to Site: Today
Interior
- Interior Features: Walk-in Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Carpet, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Gated, Garage Door Opener
Location
- County: Maricopa
- Township: 2N
- Subdivision: COLTER CLOSE
- Cross Streets: 15th Avenue and Colter Street
Community
- Association: Yes
- Assoc. Name: Colter Close
- Assoc. Fees Include: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Heat Pump, Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Territorial/Santa Fe,
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile, Built-Up
- Common Walls: 1 Common Wall
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,413
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: East/West Exposure, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Irrigation Front, Irrigation Back
Financial Considerations
- Association Fee: $264
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,529
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 26 COLTER CLOSE MCR 052509
- Property ID: 156-39-170
- Range: 3E
- Section: 18
- Lot Number: 26
Listed by Arizona International Real Estate
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Schools
Schools serving 5216 N 16th Ln
School Districts:Osborn Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Solano School 1526 West Missouri Avenue, Phoenix, AZ 85015 | K-6 | 0.3 mi |
Osborn Middle School 1102 West Highland Avenue, Phoenix, AZ 85013 | 7-8 | 0.6 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 1.5 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 5216 N 16th Ln
Date
Details
Price
Change
Source
7/09/2026
Listed
$425,000
13.03%
MLS
9/26/2024
Sold
$376,000
—
Public Record
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
Tax History for 5216 N 16th Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,529
18%
$36,100
-5%
2024
$2,148
4%
$38,170
-3%
2023
$2,068
—
$39,260
36%
2022
$2,059
—
$28,920
13%
2022
$2,059
-3%
$25,610
11%
2021
$2,120
3%
$23,120
4%
2020
$2,062
5%
$22,160
9%
2019
$1,966
4%
$20,260
13%
2018
$1,895
10%
$17,970
12%
2017
$1,724
4%
$16,080
7%
2016
$1,660
7%
$15,050
7%
2015
$1,546
9%
$14,120
17%
2014
$1,424
7%
$12,030
16%
2013
$1,333
—
$10,350
—
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
Estimate the Cost for 5216 N 16th Ln
5216 N 16th Lane, Phoenix, AZ 85015 (MLS# 7051703) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 5216 N 16th Lane is currently listed for $425,000 and was received on July 09, 2026. Want to learn more about 5216 N 16th Lane? Do you have questions about finding other Townhouse real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.

