$260,000
SOLD NOV 19, 2020

201 Michigan St NW Unit 1002 Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood
1 Bed
1 Bath
816 Sq Ft
$220/mo HOA Fee

Recently Sold

$319 Per Sq Ft

13% Below List Price

171 Days on Market

Highlights

  • Fitness Center
  • Traditional Architecture
  • Home Gym
  • Clubhouse
  • Wood Flooring
  • 4-minute walk to Crescent Park

About This Home

As of April 2022

Luxury condo living with sweeping views of downtown Grand Rapids. Inside the beautifully restored hotel, The Rowe, features modern amenities including secure private floor access, fitness center, rooftop club room and deck, and brewery on the street level. This gorgeous unit has floor to ceiling windows, chef's kitchen with stainless steel appliances and quartz countertops, and convenient in unit laundry. One covered parking space included. All just strolling distance from Medical Mile, Bridge St Market, shopping, dining and cultural events.

Last Agent to Sell the Property

Kyle Visser

Reside Grand Rapids License #6502432810

Last Buyer's Agent

Abby Cribbs

RE/MAX of Grand Rapids (FH) License #6501424825

RE/MAX of Grand Rapids (FH)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,457

Year Built

  • Built in 1923

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
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Patio

Community Details

Overview

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

Amenities

  • Restaurant
  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,457

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
  • Stories: 1
  • Year Built: 1923
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Range, Refrigerator
  • Interior Amenities: Security System, Wood Floor, Kitchen Island, Pantry
  • Fireplace Features: Other
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 816.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Above Grade Finished Sq Ft: 816.0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Patio
  • List Price: 269900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

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

Association/Amenities

  • Association Info:Approx Assoc Fee2: 220.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: CWD Real Estate
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:RestaurantBar: Yes
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5457.0
  • Tax Year: 2019

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%
Total Days on Market
171
Current Estimated Value
$340,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,872
Avg. Annual Appreciation
2.03%

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

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $320,000 None Listed On Document
Warranty Deed $260,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Negative Amortization
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

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
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

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20015544

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-485-007