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$380,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 2 Full Baths
  • 0.01 Acres
  • 2 Car Garage
  • Updated 8 hours ago
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Enjoy affordable living in the heart of Central Phoenix with unbeatable convenience. Just minutes from the 51 freeway and surrounded by popular dining and shopping -- including Luci's -- this location also offers close proximity to Madison Elementary and is only eight blocks (via Missouri) to the Biltmore resort and premier shopping. Lovingly maintained by the owner, this home showcases soothing designer tones, rich cabinetry, generous tile flooring, quartz countertops, and stainless steel appliances -- including a gas range. The open layout feels both comfortable and functional. Upstairs features a spacious primary suite and a secondary bedroom, each with private bathroom access -- ideal for guests or roommates. The community amenities are equally impressive, with an upscale pool, spa, and BBQ area set among lush desert landscaping and palm trees, creating a true resort-style atmosphere. Modern style, prime location, and exceptional value -- all in one.

Full Property Details for 5550 N 16th St #162

General

  • Price: $380,000
  • HOA FEE: $400/month
  • Taxes: $2,593 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6987091
  • Updated: 2/19/2026
  • Added to Site: Today

Interior

  • Interior Features: Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
  • Appliances: Built-in Microwave, Dishwasher
  • Flooring: Carpet, Tile

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Wshr/Dry HookUp Only

Additional Information

  • Security/Safety: Security System Owned

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: MADISON PLACE AT GREER MANOR CONDOMINIUM AMD
  • Cross Streets: 16th Street and Missouri

Community

  • Association: Yes
  • Assoc. Name: Madison Place at Gre
  • Assoc. Fees Include: Roof Repair, Insurance, Sewer, 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
  • Heating Type: Natural Gas

Utilities

  • Water: City Water

Structural Information

  • Builder: MERITAGE HOMES
  • Exterior Const.: Stucco, Other, Painted
  • Roof: Tile
  • Sq. Ft. Source: Assessor
  • Year Built: 2013

Lot Features

  • Lot Size (Acres): 0.01
  • Lot Size (Sq. Ft.): 588
  • Lot Size Source: Assessor
  • Lot Features: Desert Front

Financial Considerations

  • Association Fee: $400
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,593
  • Tax Year: 2025
  • Terms: Cash, Conventional, 1031 Exchange, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 162 MADISON PLACE AT GREER MANOR CONDOMINIUM AMD MCR 113807
  • Property ID: 162-02-289
  • Range: 3E
  • Section: 16
  • Lot Number: 162

Listed by My Home Group Real Estate

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— 5550 N 16th St #162 —

  • My Home Group Real Estate

  • My Home Group Real Estate

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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 #162 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Listed
$380,000
48.44%
MLS
11/15/2019
Sold
$256,000
—
Public Record
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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 #162

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,593
5%
$38,230
-3%
2024
$2,466
3%
$39,450
-3%
2023
$2,394
3%
$40,870
25%
2022
$2,317
—
$32,770
17%
2022
$2,317
-2%
$28,110
-1%
2021
$2,364
2%
$28,350
2%
2020
$2,326
—
$27,710
—
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 #162, Phoenix, AZ 85016 (MLS# 6987091) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 5550 N 16th Street #162 is currently listed for $380,000 and was received on February 19, 2026. Want to learn more about 5550 N 16th Street #162? 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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