16 W ENCANTO Boulevard 616, Phoenix, AZ 85003, Phoenix, 85003 - 2 bed, 2 bath
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Phoenix, AZ 85003
This Elevated Urban Penthouse is listed at $396,000, positioned near its $371,614 Fair Market Value. Boasting a Good Condition Rating, this move-in ready residence features a Granite Kitchen, stainless appliances, and two newer HVAC units for maximum climate efficiency. The property’s signature appeal lies in its Expansive Rooftop Patio and private balcony, which provide breathtaking Mountain Views and city skylines. Located within walking distance of major medical campuses and the light rail, it offers a premier lifestyle. This is an ideal sanctuary for Medical Professionals or Urban Owner-Occupants seeking luxury and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 W ENCANTO Boulevard 616 Subject | $396,000* List Price | 2 | 2 | 1,428 | $260 | - |
A 16 W ENCANTO Boulevard 502 Sold | $485,000 | 2 | 3 | 1,692 | $287 | 0.0 mi |
B 16 W ENCANTO Boulevard 305 Sold | $320,000 | 2 | 2 | 1,277 | $251 | 0.0 mi |
C 17 W VERNON Avenue 121 Sold | $359,900 | 2 | 3 | 1,510 | $238 | 0.0 mi |
D 16 W ENCANTO Boulevard 502 Sold | $485,000 | 2 | 2 | 1,716 | $283 | 0.0 mi |
E 100 W PORTLAND Street 301 Sold | $459,900 List Price | 2 | 2 | 1,388 | 0.9 mi | |
F 100 W Portland Street 301 Sold | $452,500 List Price | 2 | 2 | 1,387 | 0.9 mi | |
G 17 W VERNON Avenue 412 Active | $425,000 List Price | 3 | 2 | 1,716 | $248 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property falls within the 10-20 year age range for a 'good' rating. The penthouse is move-in ready and well-maintained, featuring a kitchen with granite countertops and stainless steel appliances. The listing highlights two newer HVAC units, indicating major systems are within their functional lifespan. While the bathroom tile and cabinetry reflect the original construction style, the overall interior shows minimal wear and tear with no immediate renovations required.
As a rare penthouse unit, this property features both an expansive rooftop patio and a private balcony, offering premium skyline and mountain views that are highly coveted in the downtown Phoenix market.
The property is perfectly positioned for professionals and students, located within walking distance of major medical campuses and the light rail, providing effortless access to downtown and university hubs.
The residence boasts a remodeled kitchen with granite countertops and two newer HVAC units for climate efficiency, complemented by resort-style community perks like secured side-by-side parking and a heated pool.
The association fee is $758 per month, which represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
The local public schools carry relatively low ratings (ranging from 3 to 5), which could be a deterrent for families prioritizing high-performing educational environments.
**New seller concession of $4,000--use it toward closing costs, prepaids, or to buy down your interest rate with an acceptable offer!** Experience elevated urban living in this beautiful penthouse in Phoenix! This spacious, well-maintained residence offers breathtaking skyline and mountain views, highlighted by an expansive rooftop patio and private balcony--perfect for enjoying Arizona's iconic sunsets. Inside, the large primary retreat feels like a true urban loft, creating a relaxing, open atmosphere. The kitchen is upgraded with granite countertops, stainless steel appliances, and ample space for entertaining, while two newer HVAC units ensure year-round comfort. Located within walking or biking distance to major medical and university campuses--Creighton University Health Science Campus, St. Joseph's Hospital, Banner University Medical Center, and Phoenix Children's Hospital--with light rail just steps away for quick access to downtown and the U of A Campus. Penthouse units with these views, features, and value rarely come available--don't miss this opportunity. The community delivers resort-style amenities including two secured side-by-side parking spaces, a heated pool and hot tub, fitness center with sauna, and a resident clubhouse. Even more convenient, you have on-site retail including a Walgreens and nail salon.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,428 | 922 | 70% |
| Lot Size | 770 | 801.5 | 50% |
| Price | $396.0K | $336.0K | 70% |
| Price per sq ft | $277 | $326 | 25% |
| Built year | 2007 | 2005 | 60% |
| HOA | $758 | $554 | 80% |
| Days on market | 415 | 1631 | 30% |
Mar 7, 2025
$396,000
Initial Listing