NOT LISTED FOR SALE

40 Monroe Center St NW Unit 303 Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $274,756 - $323,000

1 Bed
1 Bath
827 Sq Ft
$234/mo HOA Fee

Last Sold November 22, 2023

Last sale price $290,000 $351 Per Sq Ft

Current estimated payment $2,128/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Halls are 36 inches wide or more
  • Kitchen Island
  • Security Service
  • Accessible Entrance
  • 1-minute walk to Monument Park

About This Home

As of November 2023

Welcome to a beautiful renovated turn key ready downtown condo located in the Peck Building close to the Van Andel, The BOB, Restaurants and all the benefits of living in downtown Grand Rapids. The kitchen, living room, and eating area have an open floor plan with high ceilings. The kitchen has quartz countertops, island area, and stainless steel appliances. Other perks: security entrance, in-unit laundry, loft storage with Murphy desk, desirable leased parking spot, elevator, updated paint, flooring, tile shower, low $234 dues, unit can be rented, and pet friendly. Open house is 12 to 1 30 on 10.21. Call for a private showing today!

Last Agent to Sell the Property

Doug Takens

Independence Realty (Main) License #6501343127 Listed on: 10/18/2023

Last Buyer's Agent

Brooke Edison

Century 21 White House Realty License #6501396011

Century 21 White House Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,313

Year Built

  • Built in 1875

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 827 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Laundry in Bathroom
  • Dryer

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 36 inches wide or more
  • Accessible Entrance
  • Stepless Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

Overview

  • Association fees include water, trash, sewer
  • $500 HOA Transfer Fee
  • Peck Building Condominiums

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,313

Year Built

Built in 1875

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 1
  • Year Built: 1875
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 827.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3313.47
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:Condo Proj Name: Peck Building Condominiums
  • General Property Info:Entry Type: Security
  • General Property Info:Pets YN: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • General Property Info:SqFt Above Grade: 827.0
  • General Property Info Garage YN: No
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Accessibility Feat 36' or Hallway: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator
  • Accessibility Features: 36 Inch Entrance Door, 36' or + Hallway, Accessible Entrance
  • Interior Amenities: Kitchen Island
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 827.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Bathroom: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 275000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Bathroom
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Security, Storage
  • Association Fee: 234.0
  • Association Fee Frequency: Monthly
  • Association Phone: Gail Lopez
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 234.0
  • Association Info:Assoc Buy in Fee: 500
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: gail.lopez@colliers.
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Association Info:Association Phone: Gail Lopez

Fee Information

  • Association Fee Includes: Other, Water, Trash, Sewer

Lot Info

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

Tax Info

  • Tax Annual Amount: 3313.47
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2018
Sold by
Lambers Debra L
Bought by
Monk Erin E
Current Estimated Value
$291,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Outstanding Balance
$173,839
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$117,600

Purchase Details

Closed on
Dec 20, 2006
Sold by
Tp & E Llc
Bought by
Lambers Debra L

Purchase Details

Closed on
Apr 5, 2006
Sold by
Lambers Debra L
Bought by
Tp & E Llc

Purchase Details

Closed on
Jan 6, 2006
Sold by
Peck Building Associates Llc
Bought by
Lambers Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
7.75%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Monk Erin E $212,000 Sun Title Agency Of Michgan
Lambers Debra L -- None Available
Tp & E Llc -- None Available
Lambers Debra L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monk Erin E $50,000
Open Monk Erin E $201,400
Previous Owner Lambers Debra $8,687
Previous Owner Lambers Debra L $108,780
Previous Owner Lambers Debra L $104,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $290,000 +5.5% $351 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $275,000 -- $333 / 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 $3,580 $140,600 $0 $0
2024 $3,580 $112,900 $0 $0
2023 $3,269 $102,500 $0 $0
2022 $3,313 $98,400 $0 $0
2021 $3,445 $101,300 $0 $0
2020 $3,333 $104,600 $0 $0
2019 $3,490 $99,200 $0 $0
2018 $1,990 $95,500 $0 $0
2017 $1,938 $74,800 $0 $0
2016 $1,961 $66,200 $0 $0
2015 $1,824 $66,200 $0 $0
2013 -- $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Takens

    Seller's Agent in 2023

    Doug Takens

    Independence Realty (Main)

    (616) 262-4574

    1 in this area

    770 Total Sales

    Section Image
  • Brooke Edison

    Buyer's Agent in 2023

    Brooke Edison

    Century 21 White House Realty

    (989) 309-9094

    1 in this area

    148 Total Sales

    Section Image
  • Chip Issette

    Buyer Co-Listing Agent in 2023

    Chip Issette

    Century 21 White House Realty

    (231) 629-2683

    1 in this area

    293 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23138727

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-287-058

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

40 Monroe Center St NW Unit 303, Grand Rapids, MI

This home is located at 40 Monroe Center St NW Unit 303, Grand Rapids, MI 49503 since 18 October 2023 and is currently estimated at $291,439, approximately $352 per square foot. This property was built in 1875. 40 Monroe Center St NW Unit 303 is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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