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$489,990
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Property Description
Luxury Two-Bedroom, Two-Bath Brownstone Condo in Midtown Phoenix Welcome to refined urban living in the heart of Midtown Phoenix. This stunning two-bedroom, two-bath luxury brownstone offers the perfect blend of contemporary design, upscale finishes, and city convenience. Step inside to discover an open-concept living space filled with natural light, featuring high ceilings, designer fixtures, and elegant floors. The gourmet kitchen boasts quartz countertops, premium stainless-steel appliances, and custom cabinetry ideal for both casual dining and entertaining. Retreat to the spacious primary suite, complete with a spa-inspired en suite bathroom featuring dual vanities, a glass-enclosed shower, and designer tilework. The second bedroom offers versatile spaces perfect for guest. an office, or a personal studiowith access to a sleek full bath. Enjoy private outdoor living on your private balcony overlooking lush, tree-lined pool view. Additional highlights include access to a resort-style community pool and community gathering spaces. Located steps from premier dining and shopping, this brownstone offers the best of Midtown livingvibrant, walkable, and sophisticated --
Full Property Details
Full Property Details for 5550 N 16th St #131
General
- Price: $489,990
- HOA FEE: $400/month
- Taxes: $1,920 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6963229
- Updated: 2/6/2026
- Added to Site: 58 day(s) ago
Interior
- Interior Features: Granite Counters, Full Bth Master Bdrm
- Appliances: Stacked Washer/Dryer, Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas Oven, Gas Cooktop
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage
Additional Information
- Security/Safety: Fire Sprinkler System
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Maricopa
- Township: 2N
- Subdivision: MADISON PLACE AT GREER MANOR CONDOMINIUM
- Cross Streets: 16th Street & Missouri
Community
- Association: Yes
- Assoc. Name: AAM
- Assoc. Fees Include: Roof Repair, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Water: City Water
Structural Information
- Builder: Meritage
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile
- Windows: Screens, Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2008
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 771
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: Desert Front
Green Features
- Water Conservation: Tankless Ht Wtr Heat
Financial Considerations
- Association Fee: $400
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,920
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 131 MADISON PLACE AT GREER MANOR CONDOMINIUM MCR
- Property ID: 162-02-168
- Range: 3E
- Section: 16
- Lot Number: 131
Listed by Luxe Realty
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Price & Sales History for 5550 N 16th St #131
Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$489,990
-3.73%
MLS
1/03/2026
Listed
$509,000
43.38%
MLS
10/07/2021
Sold
$355,000
—
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 5550 N 16th St #131
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,920
28%
$33,110
—
2024
$1,505
-2%
$33,170
-1%
2023
$1,543
3%
$33,510
26%
2022
$1,494
—
$26,550
25%
2022
$1,494
-13%
$21,270
-3%
2021
$1,724
2%
$22,020
1%
2020
$1,698
2%
$21,860
9%
2019
$1,660
16%
$19,980
1%
2018
$1,427
5%
$19,850
38%
2017
$1,355
4%
$14,400
21%
2016
$1,306
-6%
$11,860
33%
2015
$1,384
-27%
$8,950
-29%
2014
$1,888
-13%
$12,650
-13%
2013
$2,181
—
$14,500
—
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 5550 N 16th St #131
5550 N 16th Street #131, Phoenix, AZ 85016 (MLS# 6963229) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 5550 N 16th Street #131 is currently listed for $489,990 and was received on January 03, 2026. Want to learn more about 5550 N 16th Street #131? 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.

