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$538,500

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 0.02 Acres
  • 2 Car Garage
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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.

Full Property Details for 5550 N 16th St #123

General

  • Price: $538,500
  • HOA FEE: $400/month
  • Taxes: $2,759 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7003310
  • Updated: 3/24/2026
  • Added to Site: 14 day(s) ago

Interior

  • Interior Features: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Appliances: Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas Oven
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Inside

Additional Information

  • Security/Safety: Fire Sprinkler System

Exterior

  • Exterior Features: Private Street(s)

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Garage Door Opener

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: MADISON PLACE AT GREER MANOR CONDOMINIUM
  • Cross Streets: 16th St., and Missouri looking out at the pool

Community

  • Association: Yes
  • Assoc. Name: Madison Pl @ Greer M
  • Assoc. Fees Include: Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Electric

Utilities

  • Water: City Water
  • Utility Description: Natural Gas Connected

Structural Information

  • Architectural Style: Other,
  • Builder: Meritage
  • Exterior Const.: Stucco, Wood Frame, Brick
  • Roof: Tile
  • Windows: Screens, Dual Pane, Vinyl Frame
  • Sq. Ft. Source: Assessor
  • Year Built: 2008

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 769
  • Lot Size Source: Assessor
  • Frontage: Paved
  • Lot Features: Sprinklers In Front, Desert Front, Auto Timer H2O Front

Green Features

  • Water Conservation: Tankless Ht Wtr Heat

Financial Considerations

  • Association Fee: $400
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,759
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 123 MADISON PLACE AT GREER MANOR CONDOMINIUM MCR 088620
  • Property ID: 162-02-160
  • Range: 3E
  • Section: 16
  • Lot Number: 123

Listed by Fathom Realty Elite

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— 5550 N 16th St #123 —

  • Fathom Realty Elite

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 5550 N 16th St #123 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/24/2026
Listed
$538,500
58.38%
MLS
12/08/2017
Sold
$340,000
—
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 5550 N 16th St #123

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,759
—
$24,059
-47%
2025
$2,759
8%
$45,430
-4%
2023
$2,547
3%
$47,260
26%
2022
$2,465
—
$37,520
21%
2022
$2,465
-2%
$31,020
-6%
2021
$2,515
2%
$33,060
2%
2020
$2,475
2%
$32,400
8%
2019
$2,419
3%
$29,910
—
2018
$2,355
5%
$29,820
34%
2017
$2,236
4%
$22,300
16%
2016
$2,155
7%
$19,150
30%
2015
$2,005
-28%
$14,770
-31%
2014
$2,801
-13%
$21,410
-12%
2013
$3,209
—
$24,200
—
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.

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5550 N 16th Street #123, Phoenix, AZ 85016 (MLS# 7003310) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 5550 N 16th Street #123 is currently listed for $538,500 and was received on March 24, 2026. Want to learn more about 5550 N 16th Street #123? Do you have questions about finding other Townhouse real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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