Sold

$285,000

940 Monroe Ave NW Unit 425, Grand Rapids, MI 49503

1beds

932sqft

Condominium

Built in 1892

-- sqft lot

$292,000 Zestimate^®

$306/sqft

$2,142 Estimated rent

Home value

$292,000

$272,000 - $315,000

$2,142/mo

Zestimate^® history

Owner options

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$2,142/mo

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$2,142/mo

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$2,163/mo

Est. payment

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$2,163/mo

Est. payment

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What's special

Industrial modern unitWalk-in closetIn-unit washer and dryerPrivate balcony

Welcome to urban living at the Boardwalk Condominiums! This industrial modern unit on the 4th floor offers stylish downtown living. Step inside to a spacious, open-concept living room and kitchen, where soaring ceilings with rich wood detailing create an inviting atmosphere. Enjoy seamless indoor-outdoor living with a private balcony just off the living room. The bedroom is generously sized with a walk-in closet, featuring a convenient in-unit washer and dryer. The building itself is packed with top-notch amenities: relax by the pool and hot tub, challenge friends in the game room, or unwind in the peaceful courtyards. With a prime location across from Canal Park, and easy access to downtown, Medical Mile, and the Grand River, this is the perfect downtown retreat!

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Laundry: In Unit

Features

Ceiling Fan(s), Elevator, Center Island
Flooring: Carpet, Laminate
Basement: Other
Has fireplace: No

Interior area

Total structure area: 932
Total interior livable area: 932 sqft

Property

Parking

Total spaces: 1
Parking features: Attached
Garage spaces: 1

Accessibility

Accessibility features: Accessible Approach with Ramp, 36 Inch Entrance Door, 36' or + Hallway, Accessible Mn Flr Full Bath, Covered Entrance, Covered Ramp, Lever Door Handles, Accessible Entrance

Features

Stories: 1
Exterior features: Balcony
Has private pool: Yes
Pool features: In Ground, Association
Spa features: Association

Lot

Features: Sidewalk

Details

Parcel number: 411324285187
Zoning description: Residential

Construction

Type & style

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

Materials

Brick

Condition

New construction: No
Year built: 1892

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Security System

HOA

Has HOA: Yes
Amenities included: Pool, Restaurant/Bar, Security, Spa/Hot Tub
Services included: Trash, Snow Removal, Maintenance Grounds
HOA fee: $369 monthly
HOA phone: 616-901-0563

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $306/sqft
Tax assessed value: $127,088
Annual tax amount: $4,100
Date on market: 10/11/2024
Listing terms: Cash,VA Loan,Conventional
Road surface type: Paved

Price history

Date	Event	Price
5/2/2025	Sold	$285,000-3.4%$306/sqft
Source: MichRIC #24053792 Report a problem
3/28/2025	Pending sale	$295,000$317/sqft
Source: MichRIC #24053792 Report a problem
3/10/2025	Price change	$295,000-4.5%$317/sqft
Source: MichRIC #24053792 Report a problem
10/21/2024	Price change	$309,000-3.1%$332/sqft
Source: MichRIC #24053792 Report a problem
10/11/2024	Listed for sale	$319,000+52%$342/sqft
Source: MichRIC #24053792 Report a problem
7/25/2017	Sold	$209,900$225/sqft
Source: Public Record Report a problem
6/21/2017	Pending sale	$209,900$225/sqft
Source: Coldwell Banker AJS-Schmidt #17029086 Report a problem
6/15/2017	Listed for sale	$209,900+13.5%$225/sqft
Source: Coldwell Banker AJS-Schmidt #17029086 Report a problem
5/22/2014	Sold	$184,900$198/sqft
Source: Public Record Report a problem
3/14/2014	Listed for sale	$184,900-3.6%$198/sqft
Source: Grand Rapids Market Center East #14009718 Report a problem
8/6/2007	Sold	$191,902$206/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,280	$166,200 +6.8%
2024	--	$155,600 +24.4%
2021	$3,800	$125,100 +4.9%
2020	$3,800 +1.1%	$119,200 +10.4%
2019	$3,758	$108,000
2018	--	$108,000 +5.7%
2017	$3,308	$102,200 +9.4%
2016	$3,308	$93,400
2015	$3,308 +7.5%	$93,400 +6.1%
2013	$3,077	$88,000 -1.6%
2011	--	$89,400
2010	--	$89,400 -6%
2009	--	$95,100
2007	--	$95,100 +85%
2006	--	$51,400