NOT LISTED FOR SALE

600 Monroe Ave NW Unit 401 Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated Value: $351,000 - $415,000

1 Bed
1.5 Baths
1,300 Sq Ft
$471/mo HOA Fee

Last Sold May 20, 2013

Last sale price $165,000 $127 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,016/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Heating Available
  • Living Room
  • High Speed Internet
  • 2-minute walk to Sixth Street Park

About This Home

As of May 2013

Monroe Terrace Condo with great view of the river and 6th St. Dam from the rooftop. Walk to Downtown. Presently rented. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage financing. This property is approved for HomePath Renovation Mortgage financing.

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 01/07/2013

Last Buyer's Agent

Dan Devol

Keller Williams GR East License #6502128469

Keller Williams GR East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1880

HOA Fees

  • $471 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,500

Year Built

Built in 1880

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1300.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 149900.0
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 471.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3500.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
May 20, 2013
Sold by
Fannie Mae
Bought by
Vandellen Mark and Vandellen Ashley
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Dan Devol
Keller Williams GR East
List Price
$149,900
Sold Price
$165,000
Premium/Discount to List
$15,100
10.07%
Current Estimated Value
$389,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,146
Avg. Annual Appreciation
7.14%
Original Mortgage
$156,750
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2012
Sold by
Freedom Mortgage Corporation
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 2011
Sold by
Lankfer Stephen V
Bought by
Freedom Mortgage Corporation
Source: Public Records

Range of Values:

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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
Vandellen Mark $165,000 None Available
Fannie Mae -- None Available
Freedom Mortgage Corporation $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandellen Mark $241,850
Closed Vandellen Mark $240,900
Closed Vandellen Mark $235,000
Closed Vandellen Mark $30,000
Closed Vandellen Mark $156,750
Previous Owner Lankfer Stephen $100,000
Previous Owner Lankfer Stephen $100,000
Previous Owner Lankfer Stephen $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $165,000 +10.1% $127 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $149,900 -- $115 / 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 $4,749 $202,200 $0 $0
2024 $4,749 $196,700 $0 $0
2023 $4,549 $192,200 $0 $0
2022 $4,575 $179,500 $0 $0
2021 $4,473 $167,600 $0 $0
2020 $4,276 $163,100 $0 $0
2019 $4,478 $156,700 $0 $0
2018 $4,325 $146,700 $0 $0
2017 $4,210 $126,700 $0 $0
2016 $4,261 $120,300 $0 $0
2015 $3,963 $120,300 $0 $0
2013 -- $117,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Anthony DeBartolo

    DeBartolo Realty - I

    Section Image

  • D

    Buyer's Agent in 2013

    Dan Devol

    Keller Williams GR East

    (616) 437-9218

    2 in this area

    47 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13001949

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-440-053

Michigan Kent County Grand Rapids 49503 Belknap Lookout

600 Monroe Ave NW Unit 401, Grand Rapids, MI

This home is located at 600 Monroe Ave NW Unit 401, Grand Rapids, MI 49503 since 07 January 2013 and is currently estimated at $388,325, approximately $298 per square foot. This property was built in 1880. 600 Monroe Ave NW Unit 401 is a home located in Kent County with nearby schools including Coit Creative Arts Academy, Riverside Middle School, and Union 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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