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The Condo Mania Team

MLS: 6987091     $380,000
2 Bedrooms with 3 Baths

MLS: 6987091 Condo For Sale
5550 N 16TH STREET 162#162
PHOENIX AZ 85016

MLS:  6987091
Status:  ACTIVE
List Price:  $380,000
Price per SQFT:  $307
Square Footage:  1236

2 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

MLS Logo  ARMLS SIMON HOFFMANN of MY HOME GROUP REAL ESTATE

Community: MADISON PLACE ... Listing 2 of 2
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Condo Mania Agent

Featured Real Estate Agent Melody Holehan-Kopas

Melody Holehan-Kopas

HomeSmart
Real Estate Agent
Phone: 623-910-5788

Contact Melody Holehan-Kopas

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Listing Photos

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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


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.5 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
6929135 $514,000 5812 N 12TH STREET 31#31 2 2 2036 12TH STREET REGISTRY
6984319 $359,000 1317 E COLTER STREET 3 3 1376
6946824 $285,000 5315 N 18TH STREET 3#3 2 2 1212 5315 NORTH 18TH STREET
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6944980 $249,000 1320 E BETHANY HOME ROAD 72#72 2 2 952 BETHANY VILLA
6915223 $329,900 5150 N 20TH STREET 214#214 1 2 1164 BILTMORE RESERVE
6899016 $397,990 1701 E COLTER STREET 148#148 2 2 999 BILTMORE SQUARE
6978736 $275,000 1701 E COLTER STREET 361#361 2 2 935 BILTMORE SQUARE
6978703 $280,000 1701 E COLTER STREET 378#378 2 2 999 BILTMORE SQUARE
6739309 $199,995 1701 E COLTER STREET 141#141 0 1 569 BILTMORE SQUARE

Condo Mania Agent

Featured Real Estate Agent Kristy McCullough

Kristy McCullough

HomeSmart
Real Estate Agent
Phone: 602-999-2246

Contact Kristy McCullough

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Community: MADISON PLACE ... Listing 2 of 2
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ARMLS Logo 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