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Sold for $350,500
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    • $350,500

    5550 N 16TH Street #162, Phoenix, AZ 85016

    2beds
    1,236sqft
    Townhouse
    Built in 2013
    588 Square Feet Lot
    $349,900 Zestimate®
    $284/sqft
    $2,187 Estimated rent

    Home value

    $349,900

    $322,000 - $381,000

    $2,187/mo

    Zestimate® history
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    What's special

    Open layoutLush desert landscapingPalm treesUpscale poolBbq areaRich cabinetryQuartz countertops
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Simon Hoffmann 920-737-9113,

    My Home Group Real Estate,

    Douglas Hopkins,

    My Home Group Real Estate

    Bought with:

    Jeremy McArthur, BR557810000

    McArthur Land Company

    Source: ARMLS,MLS#: 6987091MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Built-in Microwave, Dishwasher
    Features
    • Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
    • Flooring: Carpet, Tile
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,236
    • Total interior livable area: 1,236 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 2
    • Spa features: None
    • Fencing: None
    Lot
    • Size: 588 Square Feet
    • Features: Desert Front
    Details
    • Parcel number: 16202289

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Stucco, Other, Painted
    • Roof: Tile
    Condition
    • Year built: 2013
    Details
    • Builder name: MERITAGE HOMES

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Security: Security System Owned
    • Subdivision: MADISON PLACE AT GREER MANOR CONDOMINIUM AMD
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
    • HOA fee: $400 monthly
    • HOA name: Madison Place at Gre
    • HOA phone: 602-674-4355
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $284/sqft
    • Tax assessed value: $394,500
    • Annual tax amount: $2,593
    • Date on market: 3/27/2026
    • Cumulative days on market: 33 days
    • Listing terms: Cash,Conventional,1031 Exchange,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/29/2026Sold$350,500-7.8%$284/sqft
    Source: ARMLS #6987091 Report a problem
    4/24/2026Pending sale$380,000$307/sqft
    Source: ARMLS #6987091 Report a problem
    4/24/2026Listed for sale$380,000$307/sqft
    Source: ARMLS #6987091 Report a problem
    3/23/2026Pending sale$380,000$307/sqft
    Source: ARMLS #6987091 Report a problem
    2/19/2026Listed for sale$380,000+48.4%$307/sqft
    Source: ARMLS #6987091 Report a problem
    11/18/2019Sold$256,000+0.4%$207/sqft
    Source: ARMLS #5755261 Report a problem
    10/26/2019Pending sale$255,000$206/sqft
    Source: Opendoor #5755261 Report a problem
    10/24/2019Listed for sale$255,000$206/sqft
    Source: Opendoor Brokerage, LLC #5755261 Report a problem
    9/23/2019Pending sale$255,000$206/sqft
    Source: Opendoor Brokerage, LLC #5755261 Report a problem
    9/13/2019Listed for sale$255,000$206/sqft
    Source: Opendoor Brokerage, LLC #5755261 Report a problem
    8/12/2019Pending sale$255,000$206/sqft
    Source: Opendoor Brokerage, LLC #5755261 Report a problem
    7/18/2019Price change$255,000-0.8%$206/sqft
    Source: Opendoor #5755261 Report a problem
    7/11/2019Price change$257,000-0.8%$208/sqft
    Source: Opendoor #5755261 Report a problem
    7/4/2019Price change$259,000-0.4%$210/sqft
    Source: Opendoor #5755261 Report a problem
    6/27/2019Price change$260,000-1%$210/sqft
    Source: Opendoor #5755261 Report a problem
    6/20/2019Price change$262,500-0.9%$212/sqft
    Source: Opendoor #5755261 Report a problem
    6/15/2019Listed for sale$265,000$214/sqft
    Source: Opendoor Brokerage, LLC #5755261 Report a problem
    6/3/2019Pending sale$265,000$214/sqft
    Source: Opendoor Brokerage, LLC #5755261 Report a problem
    5/23/2019Price change$265,000-0.7%$214/sqft
    Source: Opendoor #5755261 Report a problem
    5/9/2019Price change$267,000-0.7%$216/sqft
    Source: Opendoor #5755261 Report a problem
    4/18/2019Price change$269,000-0.7%$218/sqft
    Source: Opendoor #5755261 Report a problem
    4/11/2019Price change$271,000-1.1%$219/sqft
    Source: Opendoor #5755261 Report a problem
    3/28/2019Price change$274,000-0.4%$222/sqft
    Source: Opendoor #5755261 Report a problem
    3/14/2019Price change$275,000-0.7%$222/sqft
    Source: Opendoor #5755261 Report a problem
    2/28/2019Price change$277,000-0.4%$224/sqft
    Source: Opendoor #5755261 Report a problem
    2/14/2019Listed for sale$278,000-3.3%$225/sqft
    Source: Opendoor #5755261 Report a problem
    4/3/2018Sold$287,500+15.8%$233/sqft
    Source: Public Record Report a problem
    11/27/2013Sold$248,280$201/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,593 +5.2%$39,450 -3.5%
    2024$2,466 +3%$40,870 +99.2%
    2023$2,394 +3.3%$20,513 -27%
    2022$2,317 -0.4%$28,110 -0.8%
    2021$2,326 -9.7%$28,350 +2.3%
    2020$2,575 +2.5%$27,710 +1.2%
    2019$2,512 $27,370 +8.9%
    2018$2,512 +4.9%$25,130 +17.6%
    2017$2,394 +27%$21,370 -3.3%
    2016$1,885 +367.4%$22,110 +24.2%
    2015$403 $17,800 +518.1%
    2014-- $2,880
    Find assessor info on the county website

    Neighborhood: Camelback East

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Madison Rose Lane School
    • Middle: Madison #1 Elementary School
    • High: North High School
    • District: Madison 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
    $349,900
    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
    $349,900

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