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$490,000

Beds
3
Baths
2.0
sq ft
1,539

7887 North 16th Street Unit 227, Phoenix, AZ 85020

7887 North 16th Street Unit 227

Phoenix, AZ 85020

  • 2 days on market
Spacious 3-Bed, 2-Bath Corner Townhome in a Prime Location! Discover this light-filled end unit nestled in a gated, resort-style community in the highly sought-after 85020 zip code. Offering an open floor plan, this home features patio doors that seamlessly connect indoor and outdoor living spaces. The updated kitchen boasts a breakfast bar, pantry, and full-size washer and dryer conveniently located within the unit. Enjoy the privacy of a one-car garage and the luxury of resort-style amenities, including a sparkling pool and relaxing spa. The unbeatable location places you near the 51 freeway, Dreamy Draw Park, the Biltmore area, shopping, dining, top golf courses, and just minutes from downtown Phoenix, Scottsdale, and Sky Harbor Airport. This home is perfect for those seeking style comfort and convenience in the heart of Phoenix. Set up your visit today!

Details

Property type

Townhouse

Est. home value

$468,213

Lot size

1,768 sq ft

Price per sq ft

$319

Year built

1996

Annual property taxes

$2,561

Monthly HOA fee

$401.14

Price History

02/19/2025
ArizonaRegional

ArizonaRegional #6823166

Listed
$490,000
+22.5%
10/12/2021
ArizonaRegional

ArizonaRegional #6288586

Sold
$400,000
+53.85%
07/05/2019
ArizonaRegional

ArizonaRegional #5902413

Sold
$260,000

Schools & Community

Neighborhood: 

Camelback East

Elementary school: 

Madison Heights Elementary School

Middle school: 

Madison #1 Elementary School

High school: 

North High School

Community features: 

Gated, Pool

High school district: 

Phoenix Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$154,339
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$296,461
Cash to seller
$154,339

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2021

Original loan amount

$320,000

Est. remaining balance

$296,461

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Martin Garcia

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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7887 North 16th Street Unit 116, Phoenix, AZ 85020

Status: Active

Tomo last checked: 02/22/2025 at 3:10 AM

Listing updated: 02/19/2025 at 4:30 PM

Listed by: Kimberly K Salazar, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6823166

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