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  • $205,000

    40 Monroe Center St NW APT 307, Grand Rapids, MI 49503

    1beds
    758sqft
    Condominium
    Built in 1875
    -- sqft lot
    $207,200 Zestimate®
    $270/sqft
    $1,406 Estimated rent

    Home value

    $207,200

    $195,000 - $220,000

    $1,406/mo

    Zestimate® history
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    What's special

    Tall ceilingsExposed brick
    Move-in-ready downtown living in the historic Peck Building. This one bedroom, one bathroom condo offers 758 square feet of character and comfort with immediate possession available. Large windows fill the living room with natural light, and the exposed brick and tall ceilings add a lot of charm to the space. Updates include new carpet installed in 2025 and an HVAC system replaced in 2022. The bathroom has great built-in storage to help keep everything neat and organized. Outside your door, Monroe Center puts you close to everything downtown. Restaurants, coffee shops, shopping, Van Andel Arena, and Studio Park are all just steps away, whether you are grabbing dinner with friends or heading to a show. With historic charm inside and the energy of the city around you, this condo offers a connected, walkable lifestyle in one of Grand Rapids most vibrant areas.

    Zillow last checked:

    Listing updated:

    Listed by:

    Spencer S Johnson 616-779-7722,

    Five Star Real Estate (Main)

    Bought with:

    Larissa J Bereza, 6506049004

    Keller Williams Realty Rivertown

    Rachel R Major, 6502404425

    Source: MichRIC,MLS#: 25059177MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    Bathroom 1
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Oven, Range, Refrigerator, Washer
    • Laundry: In Kitchen, In Unit, Main Level
    Features
    • Pantry
    • Basement: Other
    • Has fireplace: No
    Interior area
    • Total structure area: 758
    • Total interior livable area: 758 sqft
    • Finished area below ground: 0

    Property

    Accessibility
    • Accessibility features: 36 Inch Entrance Door, 36' or + Hallway, Covered Entrance, Accessible Entrance
    Features
    • Stories: 1
    Lot
    • Features: Sidewalk
    Details
    • Parcel number: 411325287050
    • Zoning description: TN-CC

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    Materials
    • Brick
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1875

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Phone Available, Cable Available, Natural Gas Connected

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Storage
    • Services included: Water, Trash, Snow Removal, Sewer
    • HOA fee: $208 monthly
    Location
    • Region: Grand Rapids

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $98,700
    • Annual tax amount: $3,445
    • Date on market: 11/20/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/17/2026Sold$205,000-10.5%$270/sqft
    Source: MichRIC #25059177 Report a problem
    3/21/2026Pending sale$229,000$302/sqft
    Source: MichRIC #25059177 Report a problem
    11/20/2025Listed for sale$229,000+19.6%$302/sqft
    Source: MichRIC #25059177 Report a problem
    9/8/2020Listing removed$191,500$253/sqft
    Source: Keller Williams Realty of Grand Rapids #20028092 Report a problem
    9/2/2020Listed for sale$191,500+7.6%$253/sqft
    Source: Keller Williams Realty of Grand Rapids #20028092 Report a problem
    8/28/2020Sold$178,000-7%$235/sqft
    Source: Public Record Report a problem
    8/12/2020Pending sale$191,500$253/sqft
    Source: Keller Williams GR East #20028092 Report a problem
    7/17/2020Price change$191,500-0.7%$253/sqft
    Source: Keller Williams GR East #20028092 Report a problem
    5/20/2020Price change$192,900-2.3%$254/sqft
    Source: Keller Williams GR East #20002013 Report a problem
    3/24/2020Listed for sale$197,500$261/sqft
    Source: Keller Williams Realty of Grand Rapids #20002013 Report a problem
    3/16/2020Pending sale$197,500$261/sqft
    Source: Keller Williams Realty of Grand Rapids #20002013 Report a problem
    2/28/2020Listed for sale$197,500$261/sqft
    Source: Keller Williams Realty of Grand Rapids #20002013 Report a problem
    1/29/2020Pending sale$197,500$261/sqft
    Source: Keller Williams Realty of Grand Rapids #20002013 Report a problem
    1/17/2020Listed for sale$197,500+41.1%$261/sqft
    Source: Keller Williams GR East #20002013 Report a problem
    7/18/2014Sold$140,000+0.1%$185/sqft
    Source: Public Record Report a problem
    4/11/2011Listing removed$139,900$185/sqft
    Source: BLU House Properties #749822 Report a problem
    4/6/2011Listed for sale$139,900$185/sqft
    Source: BLU House Properties #749822 Report a problem
    6/14/2010Listing removed$139,900$185/sqft
    Source: Blu House Properties #749822 Report a problem
    9/26/2009Listed for sale$139,900$185/sqft
    Source: BLUHOUSE PROPERTIES LLC #749822 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,324 $128,900 +24.5%
    2024-- $103,500 +11.4%
    2021$2,256 $92,900 -3.1%
    2020$2,256 +3.6%$95,900 +5.4%
    2019$2,179 $91,000 +4%
    2018-- $87,500 +27.6%
    2017$3,251 $68,600 +13.2%
    2016$3,251 $60,600
    2015$3,251 +5%$60,600 +1.7%
    2013$3,098 $59,600 -7%
    2011-- $64,100
    2010-- $64,100 -6%
    2009-- $68,200 +19.9%
    2007-- $56,900 +5.2%
    2006-- $54,100 +108.6%
    2005-- $25,932
    Find assessor info on the county website

    Neighborhood: Heartside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $207,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $207,200