NOT LISTED FOR SALE

56 Monroe Center St NW Unit 5 Grand Rapids, MI 49503

Downtown Grand Rapids Neighborhood

Estimated Value: $252,051 - $348,000

1 Bed
1 Bath
840 Sq Ft
$190/mo HOA Fee

Last Sold November 30, 2015

Last sale price $167,000 $199 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,212/month

137 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Private Entrance
  • 2-minute walk to Monument Park
  • Baseboard Heating

About This Home

As of November 2015

Amazing LOCATION in the heart of Grand Rapids. Right on Monroe Center, only minutes from just about everything in this growing city. This condo was built in 2008, and has been updated and extremely well kept. Featuring 1 large bedroom, with a beautiful connecting bathroom and just under 900 square feet. Laundry located in the bathroom for convenience and an excellent use of space. Gorgeous wood floors, custom cabinets, and brick walls make this a condo that will surpass your expectations. The city is the place to be with art prize, laugh fest, the Grand Rapids Museums, Van Andel and the amazing city life. If you are looking for a place to call home or an awesome opportunity on an investment property this could be the place for you. Set up a showing today!

Last Agent to Sell the Property

Brandon Snellink

Cornerstone Home Group License #6501380659 Listed on: 05/26/2015

Last Buyer's Agent

CHUCK GALLAGHER

Greenridge Realty (Downtown) License #6501395052

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 2008

Lot Details

  • Private Entrance

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Community Details

Overview

  • Brickway Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,500

Year Built

Built in 2008

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Lot Dimensions: NA
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 840.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 3500.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Condo Proj Name: Brickway
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 840.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 840.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 174900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Baseboard, Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 190.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: NA

Lot Info

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

Tax Info

  • Tax Annual Amount: 3500.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
Nov 30, 2015
Sold by
Lacombe Travis L and Lacombe Kelli
Bought by
Saak Llc
Seller's Agent
Brandon Snellink
Cornerstone Home Group
Buyer's Agent
CHUCK GALLAGHER
Greenridge Realty (Downtown)
List Price
$174,900
Sold Price
$167,000
Premium/Discount to List
-$7,900
-4.52%
Current Estimated Value
$292,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,749
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Nov 3, 2008
Sold by
Fifity Six Monroe Center Llc
Bought by
Lacombe Travis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Saak Llc $167,000 First American Title Ins Co
Lacombe Travis L $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacombe Travis L $132,000
Previous Owner Lacombe Travis L $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $167,000 -4.5% $199 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $174,900 -- $208 / 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 $5,122 $109,000 $0 $0
2024 $5,122 $109,000 $0 $0
2023 $5,080 $99,100 $0 $0
2022 $4,829 $95,200 $0 $0
2021 $4,705 $95,200 $0 $0
2020 $4,547 $93,200 $0 $0
2019 $4,656 $88,800 $0 $0
2018 $4,513 $85,200 $0 $0
2017 $4,434 $83,300 $0 $0
2016 $4,456 $81,300 $0 $0
2015 $3,556 $81,300 $0 $0
2013 -- $79,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Snellink

    Seller's Agent in 2015

    Brandon Snellink

    Cornerstone Home Group

    (616) 439-6057

    96 Total Sales

    Section Image
  • CHUCK GALLAGHER

    Buyer's Agent in 2015

    CHUCK GALLAGHER

    Greenridge Realty (Downtown)

    (616) 299-5837

    1 in this area

    71 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15026325

Southwestern Michigan Association of REALTORS®

APN: 41-13-25-287-065

Michigan Kent County Grand Rapids 49503 Downtown Grand Rapids

56 Monroe Center St NW Unit 5, Grand Rapids, MI

This home is located at 56 Monroe Center St NW Unit 5, Grand Rapids, MI 49503 since 26 May 2015 and is currently estimated at $284,013, approximately $338 per square foot. This property was built in 2008. 56 Monroe Center St NW Unit 5 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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