Sold

$408,000

600 Monroe Ave NW APT 407, Grand Rapids, MI 49503

2beds

1,352sqft

Condominium

Built in 1880

-- sqft lot

$413,000 Zestimate^®

$302/sqft

$2,588 Estimated rent

Home value

$413,000

$392,000 - $434,000

$2,588/mo

Zestimate^® history

Owner options

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$2,588/mo

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$2,588/mo

Rent Zestimate^®

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$3,306/mo

Est. payment

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$3,306/mo

Est. payment

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What's special

Cozy fireplaceGrand river waterfrontWood beam ceilingsOpen-concept livingLarge windowsExposed brickPrivate balcony

Historic Monroe Terrace condo steps from the Grand River waterfront. This 2 bed, 2 full bath loft offers 1,352 sq ft of open-concept living with exposed brick, wood beam ceilings, large windows, and a cozy fireplace. Features a private balcony, secure parking garage, and elevator access. Guest bath fully updated in 2023 with bathworks shower, new fixtures, and lighting. High-end Bosch & Electrolux appliances (2022). Surrounded by dining and entertainment options and a short distance to downtown, the Medical Mile and GVSU.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 1

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry: Upper Level

Features

Ceiling Fan(s), Elevator, Eat-in Kitchen
Flooring: Wood
Basement: Full
Number of fireplaces: 1
Fireplace features: Gas Log, Living Room

Interior area

Total structure area: 1,352
Total interior livable area: 1,352 sqft

Property

Parking

Total spaces: 1
Parking features: Garage Door Opener
Garage spaces: 1

Features

Stories: 2
Exterior features: Balcony

Lot

Features: Sidewalk

Details

Parcel number: 411324440059
Zoning description: RES

Construction

Type & style

Home type: Condo
Architectural style: Other
Property subtype: Condominium

Materials

Brick

Condition

New construction: No
Year built: 1880

Utilities & green energy

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

Community & HOA

HOA

Has HOA: Yes
Services included: Water, Trash, Snow Removal, Sewer, Maintenance Grounds
HOA fee: $710 monthly

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $302/sqft
Tax assessed value: $204,500
Annual tax amount: $10,605
Date on market: 9/5/2025
Listing terms: Cash,FHA,VA Loan,Conventional

Price history

Date	Event	Price
4/10/2026	Sold	$408,000-9.1%$302/sqft
Source: MichRIC #25045534 Report a problem
3/27/2026	Pending sale	$449,000$332/sqft
Source: MichRIC #25045534 Report a problem
2/26/2026	Price change	$449,000-2.2%$332/sqft
Source: MichRIC #25045534 Report a problem
9/5/2025	Listed for sale	$459,000+32.3%$339/sqft
Source: MichRIC #25045534 Report a problem
7/23/2023	Listing removed	--
Source: Zillow Rentals Report a problem
7/12/2023	Listed for rent	$3,800$3/sqft
Source: Zillow Rentals Report a problem
4/10/2023	Listing removed	--
Source: Realcomp II #65021004971 Report a problem
4/19/2021	Sold	$347,000-3.6%$257/sqft
Source: Public Record Report a problem
3/9/2021	Pending sale	$360,000$266/sqft
Source: MichRIC #21004971 Report a problem
2/18/2021	Listed for sale	$360,000$266/sqft
Source: MichRIC #21004971 Report a problem
7/15/2020	Listing removed	$360,000$266/sqft
Source: Steve Volkers Group #20018428 Report a problem
5/26/2020	Listed for sale	$360,000+15%$266/sqft
Source: Steve Volkers Group #20018428 Report a problem
8/18/2017	Sold	$313,000+33.2%$232/sqft
Source: Public Record Report a problem
6/5/2014	Sold	$234,900+36.2%$174/sqft
Source: Public Record Report a problem
1/12/2011	Sold	$172,500-1.4%$128/sqft
Source: Public Record Report a problem
6/5/2010	Listing removed	$175,000$129/sqft
Source: Keller Williams Realty of Grand Rapids #789471 Report a problem
5/5/2010	Listed for sale	$175,000-7.9%$129/sqft
Source: Griffin Properties, Keller Williams Realty #789471 Report a problem
3/6/2010	Listing removed	$190,000$141/sqft
Source: Jon Jackson #779804 Report a problem
12/26/2009	Price change	$190,000-7.3%$141/sqft
Source: MIDWEST PROP OF MICHIGAN(MAIN) #765704 Report a problem
11/6/2009	Price change	$205,000-2.4%$152/sqft
Source: MIDWEST PROP OF MICHIGAN(MAIN) #765704 Report a problem
10/24/2009	Price change	$210,000-6.7%$155/sqft
Source: MIDWEST PROP OF MICHIGAN(MAIN) #765704 Report a problem
9/26/2009	Listed for sale	$225,000-33.8%$166/sqft
Source: MIDWEST PROP OF MICHIGAN(MAIN) #765704 Report a problem
8/24/2005	Sold	$339,680$251/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,605	$210,200 +2.8%
2024	--	$204,500 +17.4%
2021	$5,494	$174,200 +2.8%
2020	$5,494 +3.6%	$169,500 +4.1%
2019	$5,306	$162,900 +6.8%
2018	--	$152,500 +15.8%
2017	$4,428	$131,700 +5.4%
2016	$4,428	$125,000
2015	$4,428 +7.5%	$125,000 +2.1%
2013	$4,118	$122,400 -20.8%
2011	--	$154,600 -8.8%
2010	--	$169,600 -6%
2009	--	$180,400 -2.5%
2007	--	$185,000 +16.6%
2006	--	$158,700 +1.7%
2005	--	$156,086 +3.3%
2004	--	$151,100 +276.5%
2002	--	$40,138