See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5550 N 16TH Street #132, Phoenix, AZ, 85016

2beds
2baths
1,070sqft
$449,000
$420price/sqft
$2,774/moest. monthly cost
$110,960/yrincome needed

About This Home

Brownstone charm, resort-style amenities, and a prime Biltmore location come together in this beautifully maintained townhome in Madison Place. Ideally situated with no buildings in front or behind, this rare pool-facing residence enjoys tranquil views of the heated pool and spa, lush landscaping, and glimpses of Camelback Mountain from its welcoming front porch. Lovingly cared for by the original owners, the home offers 2 bedrooms, 1.5 bathrooms, and an attached two-car garage. Inside, a warm neutral palette, recent interior paint, luxury vinyl plank flooring, and 9-foot ceilings create a bright, open atmosphere. Plantation shutters and oversized windows fill the home with natural light while framing peaceful community views. The upper level is designed for everyday living and entertaining, featuring a spacious great room that flows seamlessly into the dining area and kitchen. Rich espresso cabinetry, granite countertops, a glass tile backsplash, and a breakfast bar create a stylish and functional space at the heart of the home. The primary suite serves as a private retreat with an en-suite bath featuring dual sinks, generous counter space, a tub/shower combination, and a private water closet. The lower level offers a versatile second bedroom ideal for guests, a home office, or flex space, along with a convenient half bath, full-size laundry area, and direct access to the oversized two-car garage. Residents of Madison Place enjoy a resort-inspired lifestyle with a heated pool and spa, shaded ramada, outdoor grilling area, and beautifully maintained grounds. All of this is just minutes from the Biltmore, Uptown Phoenix, hiking trails, Sky Harbor Airport, and some of the city's best shopping and dining.

Getting Around

66
WalkingSomewhat Walkable
44
TransitSome Transit
50
BikeBikeable

Schools

5/10
2/10
North High SchoolGrades 9-122.7 mi
8/10
Madison Rose Lane SchoolGrades PK-40.8 mi

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame,Stone

Other

  • Builder name: Monterey by Meritage

Type & Style

  • Home type: Townhouse
  • Architectural style: Santa Barbara/Tuscan
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Dryer,Washer,Gas Stub for Range,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Range
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • High Speed Internet,Granite Counters,Double Vanity,Upstairs,Breakfast Bar,9+ Flat Ceilings,Full Bth Master Bdrm
  • Window features: Screens,Double Pane Windows,Vinyl Frame
  • Flooring: Vinyl,Tile
  • Common walls with other units/homes: Two Common Walls

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 1,070
  • Total interior livable area: 1,070 sqft

Property

Details

  • Parcel number: 16202169
  • Attached to another structure: Yes
  • Special condition: Owner/Agent

Features

  • Stories: 2
  • Patio & porch: Patio
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Front Yard,Wrought Iron
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 771 sqft
  • Features: Borders Common Area,East/West Exposure,Desert Back,Desert Front,Gravel/Stone Front

Parking

  • Total spaces: 2
  • Parking features: Attached,Direct Access
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,270$27,240
Home Insurance $124$1,488
Property Taxes $164$1,968
Electricity $216$2,603
Total$2,774$33,288

Income You'd Need if You Spent...

35% on housing$95,108/yr
40% on housing$83,220/yr
45% on housing$73,973/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$420This listing

vs Other Active Listings

Avg $/sqft

ZIP 85016$346
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85016$399
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$449,000
2009-09-21Sold$200,786

For Sale by Agent

AgentDawn M Patterson
BrokerageEmbarc Realty

Similar Homes