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Sold for $394,500
  • $394,500

    5206 N 16TH Drive, Phoenix, AZ 85015

    3beds
    3baths
    2,211sqft
    Townhouse
    Built in 2001
    2,470 Square Feet Lot
    $391,400 Zestimate®
    $178/sqft
    $2,444 Estimated rent

    Home value

    $391,400

    $356,000 - $431,000

    $2,444/mo

    Zestimate® history
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    $2,492/mo

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    $2,492/mo

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    What's special

    Our Preferred Lender is offering a 1-0 buy down on this property for qualified buyers! Discover luxurious living in this stunning 3-bedroom + office, 2.5-bathroom townhome located at 5206 N 16th Drive, Phoenix, AZ 85015. Spanning 2,211 square feet, this meticulously maintained residence boasts an attached garage and resides within the desirable gated Alhambra community. Step inside to find a custom-built entertainment wall, a beautifully updated kitchen featuring marble countertops, brand-new appliances, and a water softener with reverse osmosis system. Smart home features, including a Nest thermostat and My Q garage opener, add modern convenience. The open-flow kitchen and family room create an inviting space, complemented by a spacious master suite and stylishly updated bathrooms. Enjoy low-maintenance living with a private backyard, perfect for relaxation. Community amenities include a pool and spa, while the prime location offers easy access to highways and Central Phoenix's finest dining and entertainment. Don't miss this gem in a vibrant neighborhood - it's move-in ready and waiting for you!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle L Minik 602-488-5432,

    Realty of America LLC,

    Zander Minik 602-618-2264,

    Realty of America LLC

    Bought with:

    Jessica Lonn, SA586596000

    RE/MAX Professionals

    Source: ARMLS,MLS#: 6833145MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
    • Flooring: Carpet, Laminate, Tile
    • Windows: Double Pane Windows, Tinted Windows
    • Has basement: No
    Interior area
    • Total structure area: 2,211
    • Total interior livable area: 2,211 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Open
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 2,470 Square Feet
    • Features: Desert Back, Gravel/Stone Front, Synthetic Grass Back
    Details
    • Parcel number: 15639125

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame
    • Roof: Foam
    Condition
    • Year built: 2001
    Details
    • Builder name: Donco Construction

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Gated, Community Spa
    • Subdivision: COLTER CLOSE
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Maintenance Grounds, Front Yard Maint, Roof Replacement, Maintenance Exterior
    • HOA fee: $220 monthly
    • HOA name: Colter Close
    • HOA phone: 623-877-1396
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $377,700
    • Annual tax amount: $2,107
    • Date on market: 3/13/2025
    • Cumulative days on market: 186 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/15/2025Sold$394,500-6.1%$178/sqft
    Source: ARMLS #6833145 Report a problem
    4/12/2025Price change$420,000-4.3%$190/sqft
    Source: ARMLS #6833145 Report a problem
    3/13/2025Listed for sale$439,000+57.9%$199/sqft
    Source: ARMLS #6833145 Report a problem
    11/8/2024Listing removed$9,270$4/sqft
    Source: Zillow Rentals Report a problem
    11/4/2024Listed for rent$9,270+106%$4/sqft
    Source: Zillow Rentals Report a problem
    8/27/2024Listing removed$4,500$2/sqft
    Source: ARMLS #6601542 Report a problem
    2/8/2024Listed for rent$4,500$2/sqft
    Source: ARMLS #6601542 Report a problem
    6/14/2019Sold$278,000+164.8%$126/sqft
    Source: ARMLS #5930385 Report a problem
    1/7/2011Sold$105,000-55.2%$47/sqft
    Source: Public Record Report a problem
    8/30/2010Sold$234,462$106/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,182 +3.6%$37,770 -4.8%
    2024$2,107 +3.9%$39,680 +129.1%
    2023$2,028 +0.4%$17,321 -32.2%
    2022$2,020 -0.1%$25,550 +10.9%
    2021$2,023 +4.9%$23,030 +4.1%
    2020$1,928 +3.7%$22,120 +9%
    2019$1,859 $20,300 +12%
    2018$1,859 +9.9%$18,120 +11.6%
    2017$1,691 +11.5%$16,230 +7.8%
    2016$1,516 +8.3%$15,060 +7.7%
    2015$1,400 $13,980 +17.7%
    2014-- $11,880 +17%
    2013-- $10,150
    2012-- $10,150 +3.6%
    2011-- $9,800 -40.1%
    2010-- $16,350 -35.9%
    2009-- $25,500 -4%
    2008-- $26,550 +32.8%
    2007-- $20,000 +41.3%
    2006-- $14,150
    2005-- $14,150 +4.8%
    2004-- $13,500
    2003-- $13,500 +1198.1%
    2002-- $1,040
    Find assessor info on the county website

    Neighborhood: Alhambra

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Solano School
    • Middle: Osborn Middle School
    • High: Central High School
    • District: Osborn Elementary District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $391,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $391,400