NOT LISTED FOR SALE

40 Monroe Center St NW Unit 307 Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $252,000 - $283,000

1 Bed
1 Bath
758 Sq Ft
$200/mo HOA Fee

Last Sold August 21, 2020

Last sale price $178,000 $235 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,874/month

26 Days on Market

Highlights

  • Eat-In Kitchen
  • Snack Bar or Counter
  • Ceiling Fan
  • Living Room
  • Forced Air Heating and Cooling System
  • 1-minute walk to Monument Park

About This Home

As of August 2020

PRIME DOWNTOWN LOCATION sits the historical 'Peck Building, commonly known as 40 Monroe. 12 unique condos on the third story providing complete walkability on Monroe Ctr heated streets with low($140) association dues and a pet friendly community! The accents you'll love include wood ceilings beams, brick walls and hardwood flooring. Unit 307 is turnkey making this a simply fantastic and affordable piece of growing downtown Grand Rapids and under 200K!!

Last Agent to Sell the Property

Jessica Tucker

Keller Williams GR East License #6506046244 Listed on: 07/17/2020

Keller Williams GR East

Last Buyer's Agent

Theresa Rodriguez

Epique Realty License #6501406910

Epique Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 2005

Lot Details

  • Private Entrance

HOA Fees

  • $200 Monthly HOA Fees

Interior Spaces

  • 758 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available

Community Details

Overview

  • Peck Building Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,387

Year Built

Built in 2005

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 2005
  • 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: 758.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3387.3
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • General Property Info:Condo Proj Name: Peck Building Condos
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 758.0
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 758.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 191500.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 200.0
  • Association Info:Assoc Buy in Fee: No
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Peck Building Condo

Lot Info

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

Tax Info

  • Tax Annual Amount: 3387.3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 27, 2020
Sold by
Kevin Mahoney
Bought by
Tripp Amy R and Tripp Abigail P
Seller's Agent
Jessica Tucker
Keller Williams GR East
Buyer's Agent
Theresa Rodriguez
Epique Realty
List Price
$191,500
Sold Price
$178,000
Premium/Discount to List
-$13,500
-7.05%
Current Estimated Value
$267,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,479
Avg. Annual Appreciation
8.30%

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 21, 2020
Sold by
Mahoney Kevin
Bought by
Tripp Amy R and Tripp Abigail P
Seller's Agent
Jessica Tucker
Keller Williams GR East
Buyer's Agent
Theresa Rodriguez
Epique Realty
List Price
$191,500
Sold Price
$178,000
Premium/Discount to List
-$13,500
-7.05%

Purchase Details

Closed on
Jul 11, 2014
Sold by
Swjh Properties Llc
Bought by
Mahoney Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2011
Sold by
Tucker Scott W and Tucker Jessica Hart
Bought by
Swjh Properties Llc

Purchase Details

Closed on
Feb 17, 2006
Sold by
Peck Building Associates Llc
Bought by
Hart Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
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
Tripp Amy R $178,000 None Listed On Document
Tripp Amy R $178,000 None Available
Mahoney Kevin $140,000 Grand Rapids Title Co Llc
Swjh Properties Llc -- None Available
Tucker Scott W -- None Available
Hart Jessica M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahoney Kevin $105,000
Previous Owner Hart Jessica M $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $178,000 -7.0% $235 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $191,500 -- $253 / 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 $3,130 $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
Source: Public Records

Agents Affiliated with this Home

  • Jessica Tucker

    Seller's Agent in 2020

    Jessica Tucker

    Keller Williams GR East

    (616) 307-2529

    143 Total Sales

    Jessica Tucker
    Section Image

  • T

    Buyer's Agent in 2020

    Theresa Rodriguez

    Epique Realty

    (616) 437-4593

    59 Total Sales

    Theresa Rodriguez
    Section Image

  • J

    Buyer Co-Listing Agent in 2020

    Jason Lash

    Epique Realty

    (616) 821-1350

    2 in this area

    629 Total Sales

    Jason Lash
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028092

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-287-050

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

40 Monroe Center St NW Unit 307, Grand Rapids, MI

This home is located at 40 Monroe Center St NW Unit 307, Grand Rapids, MI 49503 since 17 July 2020 and is currently estimated at $267,479, approximately $352 per square foot. This property was built in 2005. 40 Monroe Center St NW Unit 307 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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