$189,900
PENDING

Estimated payment $1,591/month

Total Views 3,881
-- Bed
1 Bath
612 Sq Ft
$310 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • 2-minute walk to Sixth Street Park
  • Wood Flooring
  • High Speed Internet

About This Home

Don't miss this rare chance to own a downtown Grand Rapids condo at an unbeatable price! This 612 sq ft Monroe Terrace unit blends historic charm with modern updates—featuring wood floors, exposed brick, tall ceilings, and original beams. The renovated kitchen boasts granite counters, subway tile backsplash, and a 30'' industrial sink. Located steps from the Medical Mile, GRCC, parks, restaurants, breweries, and the arena district. Enjoy SpeakEZ Lounge downstairs and direct access to the scenic Grand River trail. BRAND NEW HVAC ($7,000) in 2024. Rental Certified.

Listing Agent

Nicholas McAnallen

Anchor Realty LLC License #6501415400 Listed on: 04/17/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 1880

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 612 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Laundry on main level

Utilities

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

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • $300 HOA Transfer Fee
  • Association Phone (616) 320-2857
  • Monroe Terrace Condos

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,359

Year Built

Built in 1880

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 1
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 310.29
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: N/A
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 612.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 3359.0
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:Condo Proj Name: Monroe Terrace
  • General Property Info:Entry Type: Security
  • General Property Info:Pets YN: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 612.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Contemporary: Yes
  • Flooring:Wood Floor: Yes
  • Remarks Misc: Public Remarks: Don't miss this rare chance to own a downtown Grand Rapids condo at an unbeatable price! This 612 sq ft Monroe Terrace unit blends historic charm with modern updates—featuring wood floors, exposed brick, tall ceilings, and original beams. The renovated kitchen boasts granite counters, subway tile backsplash, and a 30'' industrial sink. Located steps from the Medical Mile, GRCC, parks, restaurants, breweries, and the arena district. Enjoy SpeakEZ Lounge downstairs and direct access to the scenic Grand River trail. BRAND NEW HVAC ($7,000) in 2024. Rental Certified.
  • Remarks Misc: Agent Only Remarks: Go in the condo lobby door on the north side of the building. Door code 0210#. Head up the elevator to the second floor and the unit will be to your left. Lockbox code 2408. BRAND NEW HVAC ($7,000) in 2024. Rental Certified
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 612.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 189900.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public
  • Utilities: Phone Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Pets Allowed
  • Association Fee: 312.0
  • Association Fee Frequency: Monthly
  • Association Phone: 616-320-2857
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 312.0
  • Association Info:Assoc Buy in Fee: 300
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes
  • Association Info:Association Phone: 616-320-2857

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Lot Info

  • Lot Dimensions: N/A
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3359.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,233 $66,600 $0 $0
2024 $3,233 $64,800 $0 $0
2023 $3,224 $63,300 $0 $0
2022 $3,064 $59,100 $0 $0
2021 $2,661 $55,100 $0 $0
2020 $2,572 $53,600 $0 $0
2019 $2,634 $51,500 $0 $0
2018 $2,553 $48,200 $0 $0
2017 $2,017 $41,500 $0 $0
2016 $2,027 $39,400 $0 $0
2015 $1,931 $39,400 $0 $0
2013 -- $36,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2025 04/23/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $189,900 +75.8% $310 / Sq Ft
03/10/2017 03/10/17 Sold $108,000 -6.1% $176 / Sq Ft View Prior Sale
02/02/2017 02/02/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $115,000 +37.7% $188 / Sq Ft
09/26/2012 09/26/12 Sold $83,500 -5.1% $139 / Sq Ft View Prior Sale
08/16/2012 08/16/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $88,000 -- $147 / Sq Ft
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Deed -- Os National Llc
Warranty Deed $108,000 Chicago Title Of Michigan In
Warranty Deed $83,500 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $102,600 New Conventional
Previous Owner $66,800 New Conventional
Previous Owner $322,050 Purchase Money Mortgage
Source: Public Records

Source: MichRIC

MLS Number: 25015893

MichRIC

APN: 41-13-24-440-067