NOT LISTED FOR SALE

51 Monroe Center St NW Unit 207 Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $524,000 - $707,000

2 Beds
1.5 Baths
1,612 Sq Ft
$351/mo HOA Fee

Last Sold October 10, 2019

Last sale price $405,000 $251 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,187/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Community Storage Space
  • Wood Flooring
  • Dining Area
  • 1-minute walk to Monument Park

About This Home

As of October 2019

This stunning 2 bedroom, 1.5 bath condo is in the highly coveted Front Row Condominiums located in the heart of downtown Grand Rapids. Classic elements of this historic building; exposed brick walls, arched windows, and detailed trim work combine with modern finishes; bamboo floors, granite counters, stainless appliances, and stainless steel cable railings to create an aesthetic unique to this condo. Many upgrades have been added to this unit within the last 2 years, including but not limited to: a custom master bedroom closet, entry closet storage system, automatic blackout blinds in the bedrooms, extension of fire protection, new lighting upstairs, and Hunter Douglas blinds in the living room. One of the most unique upgrades is the addition of a flexible loft area that creates a great spot for an extra bedroom for visitors or just a great den/reading nook. The deck off the living room has also been upgraded with new Trex decking and privacy fencing complete with built-in planters. Electrical and water have also been added to the deck to truly create a usable outdoor space. This condo also comes with approximately 400 sqft of storage area. Up to 3 parking spaces available and assigned to the unit (with a monthly cost). 2
parking spaces in the Monroe Center garage and 1 parking space in the rear alley.

Last Agent to Sell the Property

Steven Volkers

Berkshire Hathaway HomeServices Michigan Real Estate (Main) Listed on: 07/11/2019

Last Buyer's Agent

Andrew Norden

Coldwell Banker Schmidt Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,507

Year Built

  • Built in 1890

HOA Fees

  • $351 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,612 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Cable TV Available

Community Details

Overview

  • Association fees include sewer, cable/satellite

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,507

Year Built

Built in 1890

Lot Details

0

HOA Fees

$351 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Wood Floor
  • Fireplace Features: Living
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1612.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Brick
  • List Price: 410000.0
  • Road Surface Type: Paved
  • Waterfront: No

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected, Public Sewer

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Storage
  • Association Fee: 350.78
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Sewer, Cable/Satellite

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4507.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Oct 10, 2019
Sold by
Hill David C and Kidd Elizabeth E
Bought by
Kahler Shelly and Kahler John
Seller's Agent
Steven Volkers
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Andrew Norden
Coldwell Banker Schmidt Realtors
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$610,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,605
Avg. Annual Appreciation
6.40%
Original Mortgage
$401,000
Outstanding Balance
$353,754
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$231,904

Purchase Details

Closed on
Mar 25, 2013
Sold by
Hill David C
Bought by
Hill David C and Kidd Elizabeth E

Purchase Details

Closed on
Mar 26, 2012
Sold by
Mercantile Bank Mortgage Company Llc
Bought by
Hill David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Owen Justin N
Bought by
Mercantile Bank Mortgage Company Llc

Purchase Details

Closed on
Jan 6, 2006
Sold by
Belford Development Llc
Bought by
Owen Justin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.42%
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
Kahler Shelly $405,000 Sun Title Agency Of Mi Llc
Hill David C -- None Available
Hill David C -- None Available
Mercantile Bank Mortgage Company Llc $256,960 None Available
Owen Justin N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahler Shelly Leaman $100,000
Open Kahler Shelly $401,000
Previous Owner Hill David $221,000
Previous Owner Hill David $100,000
Previous Owner Hill David $145,900
Previous Owner Hill David C $179,200
Previous Owner Owen Justin N $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $405,000 -4.7% $251 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $425,000 -- $264 / 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 $7,327 $307,100 $0 $0
2024 $7,327 $307,900 $0 $0
2023 $7,434 $249,900 $0 $0
2022 $7,058 $209,600 $0 $0
2021 $7,646 $236,200 $0 $0
2020 $11,340 $221,700 $0 $0
2019 $4,667 $207,900 $0 $0
2018 $4,507 $189,400 $0 $0
2017 $3,427 $180,500 $0 $0
2016 $2,585 $135,500 $0 $0
2015 $1,393 $135,500 $0 $0
2013 -- $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steven Volkers

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

  • A

    Buyer's Agent in 2019

    Andrew Norden

    Coldwell Banker Schmidt Realtors

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19032284

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-294-046

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

51 Monroe Center St NW Unit 207, Grand Rapids, MI

This home is located at 51 Monroe Center St NW Unit 207, Grand Rapids, MI 49503 since 11 July 2019 and is currently estimated at $610,605, approximately $378 per square foot. This property was built in 1890. 51 Monroe Center St NW Unit 207 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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