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$421,000

  • For Sale
  • Active
  • Apartment
  • 2 Beds
  • 2 Full Baths
  • 0.04 Acres
  • 1 Car Garage
  • Updated 11 days ago
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Welcome to 7887 N 16th St, Unit 123 - Nestled within the highly desirable, gated community of Canyon Gate in North Central Phoenix, this single-level condominium offers an exceptional blend of comfort, convenience, and resort-style living. Meticulously maintained and move-in ready, this home features approximately 1,091 square feet of well-designed living space with 2 bedrooms and 2 bathrooms, making it ideal for everyday living, a lock-and-leave lifestyle, or executive investment potential. Step inside to an open, light-filled living area that flows effortlessly into the dining space and tastefully updated kitchen, creating a warm and inviting atmosphere perfect for both relaxing and entertaining. The updated bathrooms complement the home's modern feel, while the generously sized primary and secondary bedrooms offer comfort, privacy, and flexibility for guests or a home office. An attached one-car garage provides secure, direct access and added convenience with plenty of overhead storage. Community Highlights include: Gated, secure community with beautifully maintained grounds and a well-managed HOA. Heated community pool and spa, ideal for enjoying Arizona's year-round sunshine. Prime location near Piestewa Peak hiking trails, Dreamy Draw Park, top-notch dining and shopping, world-class golf, the renowned Biltmore area, and Sky Harbor International Airport. Quick access to State Route 51, making commuting effortless Low-maintenance living in one of Phoenix's most sought-after zip codes, 85020. Whether you're searching for a comfortable primary residence, a secure secondary retreat, or a solid investment opportunity, this condo offers turnkey living in one of Phoenix's classic and well-located gated communities!

Full Property Details for 7887 N 16th St #123

General

  • Price: $421,000
  • HOA FEE: $441/month
  • Taxes: $2,122 (2025)
  • Status: Active
  • Type: Apartment
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6967435
  • Updated: 2/2/2026
  • Added to Site: 23 day(s) ago

Interior

  • Interior Features: Non-laminate Counter, High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Full Bth Master Bdrm
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Gas
  • Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven, Electric Cooktop
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Garage, Gas Dryer Hookup

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage, Garage Door Opener, Direct Access

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: CANYON GATE CONDOMINIUMS
  • Cross Streets: 16th Street & Northern Avenue

Community

  • Association: Yes
  • Assoc. Name: Canyon Gate
  • 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, Ceiling Fan(s)
  • Heating Type: Heat Pump

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Contemporary,
  • Builder: Gray Development
  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Tile, Concrete
  • Common Walls: Two Common Walls, Neighbor Above
  • Windows: Dual Pane
  • Sq. Ft. Source: Assessor
  • Year Built: 1996

Lot Features

  • Property View: Desert, Mountain(s)
  • Mountain views: Yes
  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,639
  • Lot Size Source: Assessor
  • Frontage: Asphalt
  • Lot Features: Borders Common Area, North/South Exposure, Borders Preserve/Public Land, Corner Lot, Desert Back, Desert Front

Financial Considerations

  • Association Fee: $441
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,122
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 123 CANYON GATE CONDOMINIUMS MCR
  • Property ID: 164-21-042
  • Range: 3E
  • Section: 3
  • Lot Number: 123

Listed by Compass

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— 7887 N 16th St #123 —

  • Compass

Get Pre-Approved Today

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

Get Pre-Approved

Price & Sales History for 7887 N 16th St #123 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/23/2026
Listed
$421,000
61.3%
MLS
8/29/2005
Sold
$261,000
—
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 7887 N 16th St #123

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,122
5%
$30,860
5%
2024
$2,018
3%
$29,330
-12%
2023
$1,959
3%
$33,150
26%
2022
$1,896
—
$26,350
28%
2022
$1,896
-2%
$20,570
1%
2021
$1,935
2%
$20,350
3%
2020
$1,904
2%
$19,830
3%
2019
$1,860
3%
$19,280
9%
2018
$1,812
5%
$17,760
10%
2017
$1,720
4%
$16,110
3%
2016
$1,657
7%
$15,700
4%
2015
$1,542
9%
$15,030
39%
2014
$1,415
1%
$10,820
3%
2013
$1,399
—
$10,550
—
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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7887 N 16th Street #123, Phoenix, AZ 85020 (MLS# 6967435) is a Apartment property with 2 bedrooms and 2 full bathrooms. 7887 N 16th Street #123 is currently listed for $421,000 and was received on January 23, 2026. Want to learn more about 7887 N 16th Street #123? Do you have questions about finding other Apartment 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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