Sold

$350,000

940 Monroe Ave NW Unit 559, Grand Rapids, MI 49503

2beds

1,053sqft

Condominium

Built in 1891

-- sqft lot

$372,900 Zestimate^®

$332/sqft

$2,395 Estimated rent

Home value

$372,900

$354,000 - $392,000

$2,395/mo

Zestimate^® history

Owner options

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$2,395/mo

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$2,395/mo

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$2,631/mo

Est. payment

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$2,631/mo

Est. payment

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What's special

Experience urban living at its finest in this stunning Boardwalk Condominium located in the heart of downtown Grand Rapids. This unique unit features 2 beds, 1 bath, and a spiral staircase leading to a private rooftop balcony with breathtaking city views. The open-concept living area boasts exposed brick, wood beams, and large windows, creating a perfect blend of historic charm and modern comfort. The kitchen is equipped with stainless steel appliances and contemporary cabinetry. Enjoy the convenience of in-unit laundry. This vibrant community offers access to an outdoor pool, fitness center, and is within walking distance to dining, entertainment, and cultural attractions. Don't miss the opportunity!

Facts & features

Interior

Bedrooms & bathrooms

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

Dining room

Description: Formal

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Range, Refrigerator
Laundry: Laundry Closet

Features

Elevator, Center Island
Windows: Screens, Insulated Windows
Basement: Other
Has fireplace: No

Interior area

Total structure area: 1,053
Total interior livable area: 1,053 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, Accessible M Flr Half Bath, Accessible Mn Flr Full Bath, Covered Entrance, Covered Ramp, Lever Door Handles, Accessible Entrance

Features

Stories: 1
Exterior features: Play Equipment
Has private pool: Yes
Pool features: In Ground, Cabana, Association
Has spa: Yes
Spa features: Hot Tub Spa, Association

Lot

Features: Corner Lot, Sidewalk, Ground Cover, Shrubs/Hedges

Details

Parcel number: 411324285217
Zoning description: Res.

Construction

Type & style

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

Materials

Brick
Roof: Rubber

Condition

New construction: No
Year built: 1891

Utilities & green energy

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

Community & HOA

HOA

Has HOA: Yes
Amenities included: Cable TV, Clubhouse, Fitness Center, Meeting Room, Playground, Pool, Restaurant/Bar, Security, Spa/Hot Tub
Services included: Other, Water, Trash, Snow Removal, Sewer, Maintenance Grounds
HOA fee: $405 monthly
HOA phone: 616-901-0563

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $332/sqft
Tax assessed value: $146,229
Annual tax amount: $7,249
Date on market: 6/13/2024
Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional
Road surface type: Paved

Price history

Date	Event	Price
8/20/2024	Sold	$350,000-2.8%$332/sqft
Source: MichRIC #24028872 Report a problem
7/26/2024	Pending sale	$359,900$342/sqft
Source: MichRIC #24028872 Report a problem
6/28/2024	Price change	$359,900-4%$342/sqft
Source: MichRIC #24028872 Report a problem
6/13/2024	Listed for sale	$375,000+43.1%$356/sqft
Source: MichRIC #24028872 Report a problem
4/20/2017	Sold	$262,000+0.8%$249/sqft
Source: Public Record Report a problem
3/19/2017	Pending sale	$259,900$247/sqft
Source: RE/MAX of Grand Rapids #17010557 Report a problem
3/16/2017	Listed for sale	$259,900+30.7%$247/sqft
Source: RE/MAX of Grand Rapids (FH) #17010557 Report a problem
1/8/2013	Sold	$198,900$189/sqft
Source: Public Record Report a problem
10/13/2012	Price change	$198,900-9.5%$189/sqft
Source: PARKLAND REALTY INC. #12055390 Report a problem
10/15/2011	Listed for sale	$219,900-8.3%$209/sqft
Source: Grand Rapids Market Center East #11055973 Report a problem
3/9/2011	Listing removed	$239,900$228/sqft
Source: Grand Rapids Market Center East #G786585 Report a problem
10/11/2010	Price change	$239,900-4%$228/sqft
Source: Keller Williams - Grand Rapids East #G786585 Report a problem
9/18/2010	Listed for sale	$249,900$237/sqft
Source: Keller Williams - Grand Rapids East #G786585 Report a problem
7/25/2010	Listing removed	$249,900$237/sqft
Source: Keller Williams Realty of Grand Rapids #786585 Report a problem
5/14/2010	Price change	$249,900+4.2%$237/sqft
Source: Grand Rapids Market Center East #786585 Report a problem
5/8/2010	Price change	$239,900-4%$228/sqft
Source: Grand Rapids Market Center East #786585 Report a problem
4/20/2010	Price change	$249,900-9.1%$237/sqft
Source: Keller Williams - Grand Rapids East #786585 Report a problem
4/9/2010	Listed for sale	$274,900+25%$261/sqft
Source: Keller Williams - Grand Rapids East #786585 Report a problem
7/11/2008	Sold	$219,900$209/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,583	$180,300 +6.8%
2024	--	$168,800 +24.4%
2021	$4,124	$135,700 +4.9%
2020	$4,124 +1.1%	$129,300 +10.3%
2019	$4,078	$117,200
2018	--	$117,200 +5.8%
2017	$3,498	$110,800 +9.4%
2016	$3,498	$101,300
2015	$3,498 +7.5%	$101,300 +1.6%
2013	$3,253	$99,700 -1%
2011	--	$100,700
2010	--	$100,700 -6%
2009	--	$107,100 +31.3%
2007	--	$81,600 +22.7%
2006	--	$66,500