Sold

$240,000

940 Monroe Ave NW Unit 518, Grand Rapids, MI 49503

1beds

702sqft

Condominium

Built in 1892

-- sqft lot

$247,700 Zestimate^®

$342/sqft

$1,952 Estimated rent

Home value

$247,700

$233,000 - $265,000

$1,952/mo

Zestimate^® history

Owner options

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$1,952/mo

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$1,952/mo

Rent Zestimate^®

Refinance and save

$1,781/mo

Est. payment

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$1,781/mo

Est. payment

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What's special

Sold before broadcast

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
Laundry: Main Level

Features

Center Island, Eat-in Kitchen
Basement: Other
Has fireplace: No

Interior area

Total structure area: 702
Total interior livable area: 702 sqft

Property

Parking

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

Accessibility

Accessibility features: Accessible Approach with Ramp, 36 Inch Entrance Door, 42 in or + Hallway, Covered Entrance, Accessible Entrance

Features

Stories: 1
Waterfront features: River

Lot

Features: Sidewalk

Details

Parcel number: 411324285239
Zoning description: RES

Construction

Type & style

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

Materials

Brick

Condition

New construction: No
Year built: 1892

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Phone Connected

Community & HOA

HOA

Has HOA: Yes
Amenities included: Clubhouse
Services included: Water, Trash, Snow Removal, Sewer, Maintenance Grounds
HOA fee: $195 monthly
HOA phone: 616-365-5033

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $342/sqft
Tax assessed value: $82,256
Annual tax amount: $4,247
Date on market: 12/4/2025
Listing terms: Cash,FHA,VA Loan,Conventional
Road surface type: Paved

Price history

Date	Event	Price
11/26/2025	Sold	$240,000-4%$342/sqft
Source: MichRIC #25060703 Report a problem
10/6/2025	Listed for sale	$250,000+78.7%$356/sqft
Source: Owner Report a problem
7/22/2016	Sold	$139,900+11.6%$199/sqft
Source: Public Record Report a problem
12/29/2009	Sold	$125,400+0.4%$179/sqft
Source: Public Record Report a problem
11/7/2009	Price change	$124,900-3.8%$178/sqft
Source: Jon Jackson #763406 Report a problem
9/5/2009	Listed for sale	$129,900+3.6%$185/sqft
Source: Jon Jackson #763406 Report a problem
8/7/2009	Sold	$125,400+2.2%$179/sqft
Source: Agent Provided Report a problem
4/4/2007	Sold	$122,700$175/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,687	$104,300 +6.8%
2024	--	$97,700 +24.5%
2021	$2,385	$78,500 +4.9%
2020	$2,385 +1.3%	$74,800 +10.3%
2019	$2,355	$67,800
2018	--	$67,800 +5.8%
2017	$3,064	$64,100 +9.4%
2016	$3,064	$58,600
2015	$3,064 +5%	$58,600 +2.8%
2013	$2,919	$57,000 -1.2%
2011	--	$57,700
2010	--	$57,700 -6%
2009	--	$61,400
2007	--	$61,400 +45.8%
2006	--	$42,100