5550 N 16TH Street 171, Phoenix, AZ 85016

$520,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,530 Lot Size (sq. ft.): 1,421 Status: Active
Current Price: $520,000 Last Modified: 2/20/2026

Description

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

Supplements: 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. 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. This is low-maintenance living in one of Phoenix's most sought-after central locations -- combining comfort, convenience, and community in one exceptional opportunity.

More Information MLS# 6987701

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $520,000 Status: Active Current Price: $520,000 List Date: 2026-02-20

Location, Tax & Legal

Unit #: 171 Building Number: 10 Assessor's Map #: 2 Legal Description (Abbrev): LOT 171 MADISON PLACE AT GREER MANOR CONDOMINIUM AMD MCR Assessor's Parcel #: 298 Tax Municipality: Phoenix Taxes: 3042 House Number: 5550 Compass: N Street Name: 16TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85016 Zip4: 2946 County Code: Maricopa Assessor Number: 162-02-298 Subdivision: MADISON PLACE AT GREER MANOR CONDOMINIUM Tax Year: 2025

General Property Description

Dwelling Styles: Attached # of Interior Levels: 2 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1530 Price/SqFt: 339.87 Approx Lot SqFt: 1421 Approx Lot Acres: 0.033 Horses: N Builder Name: Meritage Homes Elementary School District: Madison Elementary District High School District: Phoenix Union High School District Elementary School: Madison #1 Elementary School Jr. High School: Madison #1 Elementary School High School: Central High School Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: No Dwelling Type: Townhouse Exterior Stories: 2 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 2013

Legal Info

Range: 3E Section: 16 Township: 2N Lot Number: 171

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1 Stone: 1

Roofing

Tile: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 0 HOA Fee: 400 HOA Paid Frequency: Monthly HOA Name: MADISON PLACE HOA Telephone: 602-957-9191 HOA Management Company: AAM Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 2400 Cap Improvement/Impact Fee $/%: % Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: % Prepaid Association Fees HOA: 800 Disclosure Fees HOA: 400 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 400

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Master Bathroom

Full Bth Master Bdrm: 1 Double Vanity: 1

Master Bedroom

Split: 1

Flooring

Carpet: 1 Tile: 1

Window Features

Dual Pane: 1 Low-Emissivity Windows: 1

Community Features

Community Spa Htd: 1

Dining Area

Eat-in Kitchen: 1 Breakfast Bar: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Built-in Microwave: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Laundry

Gas Dryer Hookup: 1 Inside: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

None: 1

Water Source

City Water: 1

Community Pool Features

Heated: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Garage Spaces: 2

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

North/South Exposure: 1

Landscaping

None: 1

Services

City Services: 1

Unit Style

Two Levels: 1 End Unit: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Roof Replacement: 1 Blanket Ins Policy: 1 Water: 1 Garbage Collection: 1 Pest Control: 1 Front Yard Maint: 1 Common Area Maint: 1 Street Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Prof Managed: 1

Remarks Misc

Cross Street: 16th St & Bethany Home Directions: South on 16th St from Bethany Home. Corner of 16th St and Missouri * Bldg 10 Unit 171 * second building on the left as you drive in. Park near the pool or around the side or back of the pool. Geo Lat: 33.517442 Geo Lon: -112.048256

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Double Vanity Master Bedroom: Split Flooring: Carpet; Tile Window Features: Dual Pane; Low-Emissivity Windows Community Pool Features: Heated Spa: None Community Features: Community Spa Htd Dining Area: Eat-in Kitchen; Breakfast Bar Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Built-in Microwave; Kitchen Island Laundry: Gas Dryer Hookup; Inside Construction: Wood Frame Const - Finish: Painted; Stucco; Stone Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: None Property Description: North/South Exposure Landscaping: None Lockbox Type: Supra Possession: Close of Escrow Unit Style: Two Levels; End Unit Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Garbage Collection; Pest Control; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: February - 20 - 2026
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