The Condo Mania Team
MLS: 6987091 $380,000
2 Bedrooms with 3 Baths5550 N 16TH STREET 162#162
PHOENIX AZ 85016MLS: 6987091
Status: ACTIVE
List Price: $380,000
Price per SQFT: $307
Square Footage: 12362 Bedrooms
3 Baths
Year Built: 2013
Zip Code: 85016
Listing Remarks
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.
Address: 5550 N 16TH STREET 162#162 PHOENIX AZ 85016
ARMLS SIMON HOFFMANN of MY HOME GROUP REAL ESTATE
Community: MADISON PLACE ... Listing 2 of 2
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Condo Mania Agent
Melody Holehan-Kopas
HomeSmart
Real Estate Agent
Phone: 623-910-5788
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Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Townhouse LISTING CONTRACT DATE: 2026-02-19 BEDROOMS: 2 BATHROOMS: 2.5 LIVING AREA SQ FT: 1236 LIVING AREA SOURCE: Assessor YEAR BUILT: 2013 TAXES: $2,593 HOA/MGMT CO: Madison Place at Gre HOA/MGMT PHONE: 602-674-4355 HOA FEES FREQUENCY: Monthly HOA FEES: $400 HOA INCLUDES: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior APPLIANCES INCLUDED: Built-in Microwave, Dishwasher BUILDER NAME: MERITAGE HOMES CONSTRUCTION: Stucco, Other, Painted FLOORING: Carpet, Tile HEATING: Natural Gas COOLING: Central Air INTERIOR FEATURES: Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm LAUNDRY FEATURES: Wshr/Dry HookUp Only LOT FEATURES: Desert Front # GARAGE SPACES: 2 # CARPORT SPACES: 0 ROOF: Tile STORIES TOTAL: 2 LEGAL DESCRIPTION: LOT 162 MADISON PLACE AT GREER MANOR CONDOMINIUM AMD MCR 113807 LISTING AGENT: SIMON HOFFMANN LISTING OFFICE: MY HOME GROUP REAL ESTATE LISTING CONTACT: 920-737-9113
Estimated Monthly Payments
List Price: $380,000 20% Down Payment: $76,000 Loan Amount: $304,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,921 Estimate does not include taxes, fees, insurance.
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Property Location: 5550 N 16TH STREET 162#162 PHOENIX AZ 85016
This Listing
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Condo Mania Agent
Kristy McCullough
HomeSmart
Real Estate Agent
Phone: 602-999-2246
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Community: MADISON PLACE ... Listing 2 of 2
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ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on information from the Arizona Regional Multiple Listing Service. Copyright © 2026. Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2026-02-19 18:49:06
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