NOT LISTED FOR SALE

201 Michigan St NW Unit 1002 Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $294,000 - $374,000

1 Bed
1 Bath
816 Sq Ft
$220/mo HOA Fee

Last Sold April 01, 2022

Last sale price $320,000 $392 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,453/month

6 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • 1 Car Attached Garage
  • Traditional Architecture
  • Home Gym
  • 4-minute walk to Crescent Park

About This Home

As of April 2022

High Rise. Fresh Finishes. River Views. You can't beat this elevated, downtown lifestyle.
This luxury condo has been meticulously cared for & enjoyed by just 2 owners. The unit features floor-to-ceiling windows with expansive views of the Grand River, custom, white built-ins in the living area, quartz countertops, stainless steel appliances, and a high-efficiency washer and dryer. This unit also comes with additional storage space available just down the hall.
Being situated between the Bridge St business district & the Medical Mile puts you within walking distance of all of the area's top restaurants, bars, events & activities. Rest easy knowing the entire building is protected & monitored by a state-of-the-art security system. This unit also includes a secure, underground parking space just a few steps from the elevators & conveniently near the garage entrance.
Enjoy each of the upscale community amenities this building has to offer. From the gorgeous rooftop and lobby lounge areas, wet bar, fireplaces, fitness center, and outdoor grilling & lounge area, you'll have plenty of space to enjoy and entertain. Grab a drink or bite at Atwater with a 10% discount exclusive to ROWE residents.
Take advantage of this unique opportunity to be a part of one of the most sought-after communities in Grand Rapids.

Last Agent to Sell the Property

Abby Cribbs

RE/MAX of Grand Rapids (FH) License #6501424825 Listed on: 03/04/2022

RE/MAX of Grand Rapids (FH)

Co-Listed By

Josh May

RE/MAX of Grand Rapids (FH) License #6501301200

Last Buyer's Agent

Abby Cribbs

RE/MAX of Grand Rapids (FH) License #6501424825 Listed on: 03/04/2022

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 0.5

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Home Gym
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Bedroom

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat

Amenities

  • Restaurant
  • Clubhouse
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 1
  • Year Built: 1923
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Accessibility Features: Accessible Mn Flr Bedroom
  • Interior Amenities: Security System, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 816.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 330000.0
  • Roof: Other

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Club House, Fitness Center, Restaurant/Bar, Security, Storage
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Lot Info

  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8061.17
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 1, 2022
Sold by
Schweigert and Lisa
Bought by
Perles John W and Perles Amy M
Seller's Agent
Abby Cribbs
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Abby Cribbs
RE/MAX of Grand Rapids (FH)
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%
Current Estimated Value
$342,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,970
Avg. Annual Appreciation
1.91%

Purchase Details

Listed on
May 11, 2020
Closed on
Nov 19, 2020
Sold by
Mulder Stacy Lynn
Bought by
Schweigert Lisa and Schweigert Jim
Seller's Agent
Kyle Visser
ReSIDE Grand Rapids
Buyer's Agent
Abby Cribbs
RE/MAX of Grand Rapids (FH)
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%

Purchase Details

Listed on
Jan 6, 2017
Closed on
Mar 3, 2017
Sold by
Omh L L C
Bought by
Mulder Stacy Lynn
Seller's Agent
Steven Volkers
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
CHUCK GALLAGHER
Greenridge Realty (Downtown)
List Price
$284,900
Sold Price
$310,000
Premium/Discount to List
$25,100
8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.62%
Original Mortgage
$225,000
Interest Rate
4.1%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perles John W $320,000 None Listed On Document
Schweigert Lisa $260,000 None Available
Mulder Stacy Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mulder Stacy $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $320,000 -3.0% $392 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $330,000 +26.9% $404 / Sq Ft
11/19/2020 11/19/20 Sold $260,000 -13.0% $319 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $299,000 -3.5% $366 / Sq Ft
03/03/2017 03/03/17 Sold $310,000 +8.8% $380 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $284,900 -- $349 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,064 $159,700 $0 $0
2024 $5,064 $159,700 $0 $0
2023 $5,295 $157,000 $0 $0
2022 $4,896 $145,400 $0 $0
2021 $7,985 $153,000 $0 $0
2020 $8,084 $167,000 $0 $0
2019 $5,457 $155,100 $0 $0
2018 $5,396 $155,100 $0 $0
2017 $4,950 $26,600 $0 $0
2016 $1,423 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22006654

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-485-007