40 Monroe Center St NW Unit 307 Grand Rapids, MI 49503
Downtown Grand Rapids NeighborhoodEstimated payment $1,702/month
Highlights
- Traditional Architecture
- Halls are 36 inches wide or more
- Forced Air Heating and Cooling System
- Living Room
- Accessible Entrance
- 1-minute walk to Monument Park
About This Home
This one bedroom, one bathroom condo in the historic Peck Building offers 758 square feet of comfortable downtown living. Immediate possession is available, so you can settle in right away. The living room gets great natural light from the large windows, and the exposed brick and tall ceilings bring a lot of character to the space. New carpet was installed in 2025, and the HVAC system was updated in 2022. The bathroom also has plenty of built in storage that helps keep things organized. Living on Monroe Center gives you easy access to restaurants, coffee shops, shopping, Van Andel Arena, and Studio Park. Whether you are meeting friends for dinner, catching a show, or exploring downtown, everything is close and convenient. With historic charm inside and the energy of the city around you, this condo offers a lifestyle that is both comfortable and connected in one of Grand Rapids most vibrant areas.
Listing Agent
Five Star Real Estate (Main) License #6501450304 Listed on: 11/20/2025
Open House Schedule
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Saturday, November 22, 202511:00 am to 1:00 pm11/22/2025 11:00:00 AM +00:0011/22/2025 1:00:00 PM +00:00Add to Calendar
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Sunday, November 23, 202511:00 am to 1:00 pm11/23/2025 11:00:00 AM +00:0011/23/2025 1:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,445
Year Built
- Built in 1875
Lot Details
- Private Entrance
HOA Fees
- $208 Monthly HOA Fees
Home Design
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 758 Sq Ft Home
- 1-Story Property
- Living Room
- Basement
Kitchen
- Oven
- Range
- Microwave
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry on main level
- Laundry in Kitchen
- Dryer
- Washer
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
- High Speed Internet
- Internet Available
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal, sewer
- Peck Building Condos
Amenities
- Community Storage Space
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,130 | $128,900 | $0 | $0 |
| 2024 | $3,130 | $103,500 | $0 | $0 |
| 2023 | $3,297 | $94,000 | $0 | $0 |
| 2022 | $3,157 | $90,200 | $0 | $0 |
| 2021 | $3,160 | $92,900 | $0 | $0 |
| 2020 | $3,342 | $95,900 | $0 | $0 |
| 2019 | $2,256 | $91,000 | $0 | $0 |
| 2018 | $3,317 | $87,500 | $0 | $0 |
| 2017 | $3,236 | $68,600 | $0 | $0 |
| 2016 | $3,251 | $60,600 | $0 | $0 |
| 2015 | $3,098 | $60,600 | $0 | $0 |
| 2013 | -- | $59,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $229,000 | +28.7% | $302 / Sq Ft | |
| 08/21/2020 08/21/20 | Sold | $178,000 | -7.0% | $235 / Sq Ft | View Prior Sale |
| 08/12/2020 08/12/20 | Pending | -- | -- | -- | |
| 07/17/2020 07/17/20 | For Sale | $191,500 | -- | $253 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $178,000 | None Listed On Document | |
| Warranty Deed | $178,000 | None Available | |
| Warranty Deed | $140,000 | Grand Rapids Title Co Llc | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $123,000 | Fannie Mae Freddie Mac |
Source: MichRIC
MLS Number: 25059177
APN: 41-13-25-287-050
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