51 Monroe Center St NW Unit 201 Grand Rapids, MI 49503
Downtown Grand Rapids Neighborhood
3
Beds
3
Baths
3,040
Sq Ft
$550/mo
HOA Fee
Highlights
- Waterfall on Lot
- Deck
- 2 Car Attached Garage
- Fireplace in Bathroom
- Wood Flooring
- 1-minute walk to Monument Park
About This Home
As of December 2024Welcome to this stunning condo directly in the heart of downtown GR on Monroe Center. Most of the condo recently went through an extensive renovation and is filled with high end features and finishes. You will be amazed by the 1200 square foot private patio (with a water feature and natural gas connections), the more than 3000 finished square feet, the sound proofing between floors, the tall coffered ceilings, the exposed brickwork, the in-floor radiant heat, 3 full suites, a lower level private gym room, a main floor office, 2 private heated garages, and privacy glass in the upstairs suite. These are the luxuries of a single family home but you can have them in a downtown condo. This home is one of a kind, a must see if you want some of the best that downtown Grand Rapids has to offer. Other features include 3 fireplaces, 3 new skylights, 2 new mini-splits, and too much more to list.
Last Buyer's Agent
Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6502368851
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,028
Year Built
- Built in 1890
Lot Details
- Decorative Fence
- Shrub
- Sprinkler System
- Garden
HOA Fees
- $550 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Insulated Windows
- Window Screens
- Living Room with Fireplace
- 3 Fireplaces
- Den with Fireplace
- Wood Flooring
- Home Security System
- Basement
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 3 Full Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- Halls are 42 inches wide
- Doors are 36 inches wide or more
- Accessible Approach with Ramp
- Accessible Ramps
Outdoor Features
- Deck
- Patio
- Waterfall on Lot
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include snow removal
- Front Row Condominiums
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2022
Closed on
Sep 23, 2022
Sold by
Plotz Zachary
Bought by
Hoffman Brendan and Hoffman Abigail
Seller's Agent
Jack Dekker
Greenridge Realty Hamilton
Buyer's Agent
Mark Brace
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$1,550,000
Sold Price
$1,262,500
Premium/Discount to List
-$287,500
-18.55%
Total Days on Market
437
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,792
Avg. Annual Appreciation
-1.43%
Original Mortgage
$1,000,000
Outstanding Balance
$969,498
Interest Rate
6.29%
Estimated Equity
$246,210
Purchase Details
Listed on
Jul 28, 2018
Closed on
Jan 25, 2019
Sold by
Nipke Michael E and Nipke Kristin S
Bought by
Plotz Zachary and Assifi Murwarid Mura
Seller's Agent
Rebecca Glaesman
Realify Properties
Buyer's Agent
Kendra Havemeier
Bellabay Realty (North)
List Price
$1,125,000
Sold Price
$975,000
Premium/Discount to List
-$150,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$975,000
Interest Rate
5.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 2, 2015
Sold by
Rouleau Beiden Mary Lynn
Bought by
Nipke Michael E and Nipke Kristin S
Purchase Details
Closed on
Nov 18, 2011
Sold by
Rouleau Belden Mary Lynn and Belden Paul B
Bought by
Rouleau Belden Mary Lynn
Purchase Details
Closed on
Oct 27, 2011
Sold by
Rouleau Belden Mary Lynn and Beldon Paula B
Bought by
Rouleau Belden Mary Lynn
Purchase Details
Closed on
Nov 1, 2006
Sold by
Belden Paul B and Rouleau Belden Mary Lynn
Bought by
Belden Paul B and Rouleau Belden Mary Lynn
Purchase Details
Closed on
Mar 21, 2006
Sold by
Paul B Belden Iv Family Trust
Bought by
Belden Paul B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 22, 2005
Sold by
Paul B Belden Iv Family Trust
Bought by
Belden Paul B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Aug 12, 2005
Sold by
Belford Development Llc
Bought by
Paul B Belden Iv Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Map
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Similar Homes in Grand Rapids, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Ata National Title Group | |
| Warranty Deed | $975,000 | Next Door Title Agency Llc | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | The Closing Office Title Age | |
| Interfamily Deed Transfer | -- | The Closing Office Title Age | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | No Value Available | |
| Previous Owner | $975,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $224,434 | No Value Available | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $300,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $83,000 | Unknown | |
| Previous Owner | $500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $403,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $3,260,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $1,200,000 | -7.3% | $377 / Sq Ft |
| 11/03/2024 11/03/24 | Pending | -- | -- | -- |
| 10/07/2024 10/07/24 | Price Changed | $1,295,000 | -3.7% | $407 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $1,345,000 | +6.5% | $422 / Sq Ft |
| 09/23/2022 09/23/22 | Sold | $1,262,500 | -9.8% | $415 / Sq Ft |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- |
| 05/02/2022 05/02/22 | Price Changed | $1,399,000 | -9.7% | $460 / Sq Ft |
| 06/07/2021 06/07/21 | For Sale | $1,550,000 | +59.0% | $510 / Sq Ft |
| 01/25/2019 01/25/19 | Sold | $975,000 | -13.3% | $349 / Sq Ft |
| 12/13/2018 12/13/18 | Pending | -- | -- | -- |
| 07/28/2018 07/28/18 | For Sale | $1,125,000 | -- | $403 / 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 | $27,124 | $630,800 | $0 | $0 |
| 2023 | $25,926 | $517,800 | $0 | $0 |
| 2022 | $13,280 | $439,300 | $0 | $0 |
| 2021 | $12,984 | $399,100 | $0 | $0 |
| 2020 | $12,413 | $376,500 | $0 | $0 |
| 2019 | $11,599 | $355,200 | $0 | $0 |
| 2018 | $11,201 | $326,300 | $0 | $0 |
| 2017 | $8,516 | $312,500 | $0 | $0 |
| 2016 | $6,425 | $282,400 | $0 | $0 |
| 2015 | $4,157 | $282,400 | $0 | $0 |
| 2013 | -- | $263,800 | $0 | $0 |
Source: Public Records
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21021276
APN: 41-13-25-294-040
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