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

$309,000

Home List Price

$3,669*

Closing Credit

1 Bedroom
1 Full Bath
932 SqFt
$332/SqFt
Condo

Location

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940 Monroe Ave NW Unit 425, Grand Rapids$309,000

Buyer Closing Credits

$3,669*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached
Attached GarageYes
Year Built1892
HeatingNatural Gas, Forced Air
CoolingCentral Air
Private PoolYes
MLS #65024053792
StatusActive

About 940 Monroe Ave NW Unit 425

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1892
  • Stories: 1
  • Living Area: 932 SqFt

Listing Office:

  • Office Name: ReSIDE Grand Rapids
  • Office Phone: (616) 419-9637
  • Listing Agent: Kyle Visser

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior: Elevator/Lift, Laundry Facility, Security Alarm, Spa/Hot-tub

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Spa/Hot-tub, Pool – Community, Pool - Inground

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Virtual/3D Tour

  • Virtual Tour: 940 Monroe Ave NW Unit 425
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Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South of Leonard on Monroe Ave - between Leonard and Mason, across from Canal Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,000
  • Price Per SqFt: $332/SqFt

HOA Fees:

  • Amount: $369
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,800
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grand Rapids, MI.

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Grand Rapids, MI

City

Med. Sold Price

$309.8K

Med. Price/SqFt

$232

Avg. Days On Market

20

# of Sold Homes

301

940 Monroe Ave NW Unit 425 vs Grand Rapids

42 DAYS ON ROCKET

+22 Days

$309,000

-$869 Less

$332/SqFt

+$99 More

KEY TAKEAWAY

This property is $869 less than the Median Sold Price and $99/SqFt more than other homes in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65024053792

Listing Office:

  • Office Name: ReSIDE Grand Rapids
  • Office Phone: (616) 419-9637
  • Listing Agent: Kyle Visser

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 14, 2017Home Sold
$209,900
May 22, 2014Home Sold
$184,900
Aug 06, 2007Home Sold
$191,902

Tax History

YEARPROP. TAXASSESSMENT
2021$3,800$125,100
2020$3,799$119,200
2019$3,268$108,000
2018$3,308$108,000
2017$3,077$105,700

History based on county public records data.

Payment Calculator

$1,979

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-804668
3
/10

  • Coit Creative Arts Academy

  • 617 Coit Ave NE

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-804669
2
/10

  • East Leonard Elementary School

  • 410 Barnett St NE

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-804670
4
/10

  • Stocking Elementary School

  • 863 7th St NW

  • 0.91 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,840. The majority of Grand Rapids, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 Monroe Ave NW Unit 425

What is the listing price of this property?

The listing price of 940 Monroe Ave NW Unit 425 property is $309,000.

What type of property is this?

The property 940 Monroe Ave NW Unit 425 is a condo located in Grand Rapids, Michigan, 49503.

Is this property for sale now?

Active Listing: 940 Monroe Ave NW Unit 425 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,800 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 14, 2017 for $209,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 940 Monroe Ave NW Unit 425 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 940 Monroe Ave NW Unit 425 is 932 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 940 Monroe Ave NW Unit 425 is 1892.

Rocket Homes›Michigan›Kent County›Grand Rapids›49503›940 Monroe Ave NW Unit 425

This home is located at 940 Monroe Ave NW Unit 425 in Grand Rapids, MI and zip code 49503 in the Belknap Lookout neighborhood. This 932 square foot home was built in 1892. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $309,000.

In October 2024, from all listings sold in Grand Rapids, MI there were more than 114 sold above asking price, over 124 sold below and more than 62 were sold right at the asked price. In October 2024 in Grand Rapids, MI there were 8.6% more homes for sale than in September 2024. Listings spent 20 days on the market in October 2024, and had a median list price of $309,869 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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