NOT LISTED FOR SALE

51 Monroe Center St NW Unit 208 Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $753,000 - $924,000

3 Beds
2 Baths
2,109 Sq Ft
$443/mo HOA Fee

Last Sold October 15, 2015

Last sale price $525,000 $249 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,684/month

43 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Fireplace
  • Traditional Architecture
  • Den
  • 1-minute walk to Monument Park

About This Home

As of October 2015

Rare opportunity to own in Front Row Condos. Tastefully updated 3 bedroom 2-full bath condo with 2 parking spaces including one indoor garage. This is a true urban loft with 12-14 foot ceilings, turn-of-the century millwork, and exposed brick. Stunning kitchen with European Cabinets, granite countertops, stainless appliances and Italian Tile flooring. The main level offers a spacious great room with 8 foot windows overlooking the city, 2 bedrooms, and full bath. Up is the Owners’ bedroom and bath with custom tile shower. Also up is an office/studio space and laundry. 500 sq. ft. private deck with Southern exposure. Front Row offers reduced Ren. Zone taxes to qualified owners through the end of 2017. Monthly assoc. fee of $443 includes, trash, recycling, DirecTV.

Last Agent to Sell the Property

Cheryl Grant

Keller Williams GR North (Main) Listed on: 07/30/2015

Last Buyer's Agent

Jane Reynolds

Keller Williams GR North (Main) License #6501372999

Keller Williams GR North (Main)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 2005

HOA Fees

  • $443 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,109 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Den
  • Basement

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Low Threshold Shower
  • Accessible Bathroom
  • Roll Under Sink
  • Accessible Bedroom
  • Stepless Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Deck
  • Private Entrance
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include trash, cable/satellite
  • Front Row Condominium Association Condos

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,500

Year Built

Built in 2005

Lot Details

0

HOA Fees

$443 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 260.79
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2109.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 2500.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Accessibility Feat:Low Threshold Shower: Yes
  • Appliances Microwave: Yes
  • Mineral Rights:No: Yes
  • General Property Info:Condo Proj Name: Front Row Condominium Association
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Cook Top, Dishwasher, Microwave, Oven, Refrigerator
  • Accessibility Features: Accessible Bath Sink, Accessible Mn Flr Bedroom, Accessible Mn Flr Full Bath, Low Threshold Shower
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Other
  • LivingArea: 2109.0
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Cook Top: Yes
  • Accessibility Feat:Accessible Mn Flr Bedroom: Yes
  • Accessibility Feat:Accessible Mn Flr Full Bath: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 550000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Storage
  • Association Fee: 443.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 443.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Storage: Yes

Fee Information

  • Association Fee Includes: Trash, Cable/Satellite

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2015
Closed on
Oct 15, 2015
Sold by
Rouleau Belde Mary Lynn
Bought by
Michaell & Kimberly Clarke Trust and Clarke Kimberly A
Seller's Agent
Cheryl Grant
Keller Williams GR North (Main)
Buyer's Agent
Jane Reynolds
Keller Williams GR North (Main)
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$835,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,125
Avg. Annual Appreciation
4.67%
Original Mortgage
$393,750
Outstanding Balance
$313,634
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$521,491

Purchase Details

Closed on
Apr 2, 2015
Sold by
Nipke Michael E and Nipke Kristin S
Bought by
Rouleau Belden Mary Lynn

Purchase Details

Closed on
Mar 20, 2009
Sold by
Belford Development Llc
Bought by
Nipke Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michaell & Kimberly Clarke Trust $525,000 None Available
Rouleau Belden Mary Lynn -- None Available
Nipke Michael E $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaell & Kimberly Clarke Trust $393,750
Previous Owner Nipke Michael E $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2015 10/15/15 Sold $525,000 -4.5% $249 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $550,000 -- $261 / Sq Ft
Source: MichRIC

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 $10,175 $424,100 $0 $0
2024 $10,175 $425,100 $0 $0
2023 $10,324 $349,200 $0 $0
2022 $9,801 $296,500 $0 $0
2021 $9,583 $331,300 $0 $0
2020 $9,161 $312,300 $0 $0
2019 $9,595 $294,400 $0 $0
2018 $9,266 $270,100 $0 $0
2017 $7,045 $258,500 $0 $0
2016 $5,314 $233,200 $0 $0
2015 $2,437 $233,200 $0 $0
2013 -- $217,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cheryl Grant

    Keller Williams GR North (Main)

  • J

    Buyer's Agent in 2015

    Jane Reynolds

    Keller Williams GR North (Main)

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Map

Source: MichRIC

MLS Number: 15041086

MichRIC

APN: 41-13-25-294-047

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

51 Monroe Center St NW Unit 208, Grand Rapids, MI

Not Listed for Sale

Condos

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