5550 N 16TH Street 134, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 3 bath
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Phoenix, AZ 85016
This Rare End-Unit Brownstone Townhome is a Strong Value Opportunity, listed at $550,000—positioned well below the $581,913 Fair Market Value by 5%. This valuation gap provides $31,913 in Instant Equity for the incoming buyer. Maintained in Good Condition, the residence features gleaming hardwood floors, a large private patio, and a versatile ground-floor flex space. Located within the prestigious Madison School District near central Phoenix amenities, it offers immediate lifestyle appeal and long-term stability. This property is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting a high-demand rental area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5550 N 16TH Street 134 Subject | $550,000* List Price | 2 | 3 | 1,841 | $316 | - |
A 5314 N LAS CASITAS Place Sold | $459,000 | 2 | 2 | 1,538 | $298 | 0.3 mi |
B 5550 N 16TH Street 123 Active | $538,500 List Price | 3 | 3 | 1,858 | $290 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property is within the 10-20 year age range for a 'Good' rating and appears exceptionally well-maintained. The kitchen is move-in ready with stainless steel appliances, stone countertops, and modern cabinetry. The bathrooms have been updated with contemporary fixtures and tile work. The interior features a mix of gleaming hardwood floors and clean carpeting, showing minimal wear and tear.
As a rare end-cap brownstone, this unit benefits from additional windows that flood the interior with natural light and features a larger private patio than standard units in the complex.
The floor plan offers exceptional flexibility with a ground-floor flex space and a second-story formal dining area, both of which are ideal for home offices, dens, or secondary living areas.
Situated in the highly-regarded Madison School District and close to central Phoenix amenities, the property combines a well-maintained community atmosphere with excellent urban accessibility.
The monthly association fee of $400 represents a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
The three-story townhouse design necessitates frequent stair usage to navigate between the flex space, main living area, and bedrooms, which may be a drawback for those with mobility concerns.
UNICORN ALERT! Oh...you are gonna LOVE this one! Fantastic end cap brownstone styled townhome with a large private patio and lots of interior light because it is an end unit! Ground floor flex space, perfect for a den/office/2nd living space with the 2nd floor boasting gleaming hardwood floors, gas fireplace, large living room, kitchen and formal dining (or home office!) with a cute balcony. Upstairs are 2 large bedrooms and the laundry with updated baths, lots of light and fluffy carpet. Truly, you will fall in love with this unicorn, it is sparkling clean, well maintained and 100% adorable. PLUS this complex has an amazing pool & gazebo area, lush landscaping, Madison schools and close to everything. How can you go wrong? It is perfect! A true 10+ home!
No exterior & parking available.
Grades 5-8 • 0.2 mi
Grades PK-4 • 0.8 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 1,841 | 1,470 | 77% |
| Lot Size | 721 | 1,585 | 8% |
| Price | $550.0K | $430.0K | 74% |
| Price per sq ft | $299 | $299 | 50% |
| Built year | 2008 | 1979 | 93% |
| HOA | $400 | $278 | 74% |
| Days on market | 31 | 1655 | 1% |
Mar 26, 2026
$550,000
Initial Listing