5835 N 16TH Place, Phoenix, AZ 85016, Phoenix AZ 85016
MOTIVATED SELLER!! Charming Updated Home in Madison Village. Welcome to this beautifully updated 3-bedroom, 2-bath home in the desirable Madison Village neighborhood of Central Phoenix, located within the highly coveted Madison School District. Set on a generous 9,257-square-foot lot, this single-level home offers 1,687 square feet of comfortable, modern living with a recently refreshed kitchen, flooring, and bathrooms.The functional floor plan features a split primary suite, generous living spaces, and plenty of room for everyday living or entertaining. Recent upgrades add peace of mind, incl
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is offered at $438 per square foot, compared with a $259 median for active 3-bedroom homes in Phoenix. Its asking price falls near the 89th percentile of that active group. The comparison uses 2,619 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $620,000, and the median is $419 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1620 E RANCHO Drive, Phoenix, AZ 85016 | Jun 29, 2026 | 3 bd · 1,125 sqft | $500,000 | 0.1 mi |
| 1630 E Solano Drive, Phoenix, AZ 85016 | May 6, 2026 | 4 bd · 2,640 sqft | $1,050,000 | 0.1 mi |
| 1538 E Montebello Avenue, Phoenix, AZ 85014 | Apr 29, 2026 | 2 bd · 2,159 sqft | $890,000 | 0.2 mi |
| 5815 N 18TH Place, Phoenix, AZ 85016 | Aug 20, 2026 | 2 bd · 1,540 sqft | $700,000 | 0.2 mi |
| 5628 N 17TH Street, Phoenix, AZ 85016 | Apr 10, 2026 | 3 bd · 1,532 sqft | $515,000 | 0.2 mi |
| 1903 E PALO VERDE Drive, Phoenix, AZ 85016 | Apr 24, 2026 | 3 bd · 1,658 sqft | $735,000 | 0.3 mi |
| 6040 N 15TH Street 27, Phoenix, AZ 85014 | May 28, 2026 | 2 bd · 1,171 sqft | $279,000 | 0.3 mi |
| 1807 E SAN MIGUEL Avenue, Phoenix, AZ 85016 | May 8, 2026 | 3 bd · 1,269 sqft | $540,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $760,000 · Active
- $739,500 · Active
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