5550 N 16TH Street # 131 Phoenix, AZ $ 509,000
5550 N 16TH Street # 131
$ 509,000
Recently Listed
Open House 1/10 12am - 2pm
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5550 N 16TH Street # 131

Phoenix, AZ, 85016
$ 509,000
Bedrooms2 Baths2.0 Sq 1,070

Monthly Estimate*

$ 3,134

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Condo for sale in Phoenix, AZ

for $509,000 with 2 bedrooms and 2 full baths. This 1,070 square foot condo was built in 2008 on a lot size of 0.02.

Luxury Two-Bedroom, Two-Bath Brownstone Condo in Midtown Phoenix Welcome to refined urban living in the heart of Midtown Phoenix. This stunning two-bedroom, two-bath luxury brownstone offers the perfect blend of contemporary design, upscale finishes, and city convenience. Step inside to discover an open-concept living space filled with natural light, featuring high ceilings, designer fixtures, and elegant floors. The gourmet kitchen boasts quartz countertops, premium stainless-steel appliances, and custom cabinetry ideal for both casual dining and entertaining. Retreat to the spacious primary suite, complete with a spa-inspired en suite bathroom featuring dual vanities, a glass-enclosed shower, and designer tilework. The second bedroom offers versatile spaces perfect for guest. an office, or a personal studiowith access to a sleek full bath. Enjoy private outdoor living on your private balcony overlooking lush, tree-lined pool view. Additional highlights include secure gated entry, access to a resort-style pool, fitness center, and community gathering spaces. Located steps from premier dining, shopping, and light rail access, this brownstone offers the best of Midtown livingvibrant, walkable, and sophisticated --

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Open House

1/10/2026 12:00 AM - 2:00 PM
5550 N 16TH Street # 131 Phoenix, AZ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 509,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,920

Style

Residential

Lot Size

0.02

Year Built

2008

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6963229

Features
Interior
Interior Amenities Granite Counters Full Bth Master Bdrm
Flooring Vinyl
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N N
Window Features Dual Pane
Fireplace Y/N N
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Built-in Microwave True
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General
Sewer Public Sewer
Cooling Central Air
Possession Close Of Escrow
Roof Tile
HOA Fee 400.0
Garage Spaces 2.0
Association Fee Includes Roof Repair Sewer Maintenance Grounds Front Yard Maint Trash Roof Replacement Maintenance Exterior
Security Features Fire Sprinkler System
Construction Materials Stucco Wood Frame
Year Built 2008
Township 2N
Unit Number 131
Property Subtype Townhouse
Tax Year 2025
Ownership Condominium
Community Features Pool Community Spa Community Spa Htd
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Subdivision Name MADISON PLACE AT GREER MANOR CONDOMINIUM
Green Water Conservation Tankless Ht Wtr Heat
Total Rooms 0
Special Listing Conditions Owner/Agent
Status Active
Directions North on 16th St. West to Madison Place entry. Building is on the North West Corner of the Complex. Just past the Pool.
High School Camelback High School
City Phoenix
Disclosures Seller Discl Avail
Association Name AAM
High School District Phoenix Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 771.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Heated
Elementary School Madison #1 Elementary School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 1920.0
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Madison #1 Elementary School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Meritage
Standard Status Active
Occupancy Type Owner
Elementary School District Madison Elementary District
Tax Lot 131
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 400.0
New Financing Cash True
New Financing: VA True
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Exterior
Fencing Block Wrought Iron
Lot Features Desert Front
Water Source City Water
Lot Size Area 771.0
Spa Y
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5550
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* Excluded Features
List By
Luxe Realty

Broker

jmccullough30@gmail.com

Email

Affordability Calculator

$3,294
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,134
Monthly Property Taxes
$160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4897865 Elementary School
4897865 Middle School
Camelback High School High School
Pricing History
DatePricePrice ChangeDescription
1/4/2026$509,000 Listed Price

Map


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5550 N 16TH Street # 131, Phoenix, AZ, 85016 is a Condo for sale at $509,000 with 1,070 sqft and a lot size of 0.02. 5550 N 16TH Street # 131 has 2 bedrooms, 2.0 baths, and was built in 2008. The property's zip code is 85016 which is in Phoenix, AZ