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The Condo Mania Team

MLS: 6987701     $510,000
3 Bedrooms with 2 Baths

MLS: 6987701 Condo For Sale
5550 N 16TH STREET 171#171
PHOENIX AZ 85016

MLS:  6987701
Status:  ACTIVE
List Price:  $510,000
Price per SQFT:  $333
Square Footage:  1530

3 Bedrooms
2 Baths
Year Built:  2013
Zip Code:  85016

 

Listing Remarks

Welcome to Madison Place at Greer Manor, a highly desirable gated community located in the heart of Central Phoenix's coveted 85016 zip code. Perfectly positioned near the SR-51 freeway, this prime location offers effortless access to Downtown Phoenix, Sky Harbor Airport, and some of Arizona's finest dining, shopping, and sporting venues. Whether you're heading to a Suns game, exploring the Biltmore area, or enjoying the vibrant culinary scene, everything you need is just minutes away. This beautifully maintained 3-bedroom, 2-bathroom residence offers a thoughtfully designed split floor plan with all living spaces conveniently located on one level. The spacious primary suite is privately situated and features a generous walk-in closet and a luxurious en-suite bath complete with a separate soaking tub and shower -- the perfect retreat at the end of the day. The expansive Great Room showcases tile flooring, a functional kitchen island, upgraded countertops, and stainless steel appliances, creating an ideal space for both entertaining and everyday living. Both the Kitchen and the bathrooms have been updated in 2024 a new HVAC system in 2025! Additional highlights include blinds throughout, ceiling fans, and quality finishes that add comfort and style throughout the home. Enjoy the convenience of a bottom-floor garage with epoxy flooring and exceptional storage, while the main living area remains elevated for privacy and ease. Step outside to your private patio, ideal for morning coffee or evening relaxation. Residents also enjoy close access to the community's luxurious, resort-style pool, offering the perfect Arizona lifestyle. Perfectly positioned near the SR-51 freeway, this prime location offers effortless access to Downtown Phoenix, Sky Harbor Airport, and some of Arizona's finest dining, shopping, and sporting venues. Whether you're heading to a Suns game, exploring the Biltmore area, or enjoying the vibrant culinary scene, everything you need is just minutes away. This is low-maintenance living in one of Phoenix's most sought-after central locations -- combining comfort, convenience, and community in one exceptional opportunity.

Address: 5550 N 16TH STREET 171#171 PHOENIX AZ 85016

MLS Logo  ARMLS BARRY VAN PATTEN II of RUSS LYON SOTHEBY'S INTERNATIONAL REALTY

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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:2026-02-20
BEDROOMS:3
LIVING AREA SQ FT:1530
LIVING AREA SOURCE:Assessor
YEAR BUILT:2013
TAXES:$3,042
HOA/MGMT CO:MADISON PLACE
HOA/MGMT PHONE:602-957-9191
HOA FEES FREQUENCY:Monthly
HOA FEES:$400
HOA INCLUDES:Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
COMMUNITY FEATURES:Pool, Community Spa Htd
APPLIANCES INCLUDED:Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven
BUILDER NAME:Meritage Homes
CONSTRUCTION:Stucco, Wood Frame, Painted, Stone
FLOORING:Carpet, Tile
HEATING:Electric
COOLING:Central Air, Ceiling Fan(s)
INTERIOR FEATURES:Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm
LAUNDRY FEATURES:Inside, Gas Dryer Hookup
LOT FEATURES:None, North/South Exposure
# GARAGE SPACES:2
# CARPORT SPACES:0
COMMON WALLS:End Unit
ROOF:Tile
STORIES TOTAL:2
LEGAL DESCRIPTION:LOT 171 MADISON PLACE AT GREER MANOR CONDOMINIUM AMD MCR
LISTING AGENT:BARRY VAN PATTEN II
LISTING OFFICE:RUSS LYON SOTHEBY'S INTERNATIONAL REALTY
LISTING CONTACT:602-576-2019

Estimated Monthly Payments

List Price:$510,000
20% Down Payment:$102,000
Loan Amount:$408,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$2,579

Estimate does not include taxes, fees, insurance.

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Property Location: 5550 N 16TH STREET 171#171 PHOENIX AZ 85016


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.5 mi

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Condo Mania Agent

Featured Real Estate Agent Kristy McCullough

Kristy McCullough

HomeSmart
Real Estate Agent
Phone: 602-999-2246

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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: 2026-04-07 00:50:24