NOT LISTED FOR SALE

600 Monroe Ave NW Unit 409 Grand Rapids, MI 49503

Belknap Lookout Neighborhood

Estimated Value: $297,000 - $303,600

1 Bed
2 Baths
1,107 Sq Ft
$406/mo HOA Fee

Last Sold May 17, 2016

Last sale price $187,000 $169 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,336/month

139 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Living Room
  • Whirlpool Bathtub
  • Eat-In Kitchen
  • 2-minute walk to Sixth Street Park

About This Home

As of May 2016

Chicago style living in downtown Grand Rapids. Well constructed with unique architectural features, this sharp, top floor condo offers the comforts of modern living. Slate entry leads to a gourmet kitchen with stainless appliances, snack bar and dining area. Open living area with hardwood floors, soaring wall of windows, dimming lights and built-in speaker system is perfect for entertaining. Wood-beamed staircase leads to the second level owner's suite with large, walk-in closet with custom shelving. Light filtering partition separates the bedroom from the balcony office space. Beautiful master bath with oval shaped, jetted tub and separate shower. Walking distance to the Medical Mile, GVSU downtown, Monroe Mall, arena district and restaurants. Includes 1 uncovered parking space.

Last Agent to Sell the Property

Lisa Novosad

Keller Williams GR East Listed on: 11/10/2015

Co-Listed By

Robert Novosad

Keller Williams GR East

Last Buyer's Agent

Patrick Loftis

Coldwell Banker Schmidt Realtors License #6501127401

Coldwell Banker Schmidt Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,046

Year Built

  • Built in 2000

HOA Fees

  • $406 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,107 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Den

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Private Entrance
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • $100 HOA Transfer Fee
  • Monroe Terrace Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,046

Year Built

Built in 2000

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 176.06
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1107.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 3046.0
  • Tax Info:Zoning3: PUD
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • Mineral Rights:No: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Additional Items:Stone Floor: Yes
  • General Property Info:Condo Proj Name: Monroe Terrace Condos
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Heat Type:Heat Pump: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Stone Floor, Whirlpool Tub, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Other
  • LivingArea: 1107.0
  • ResoLivingAreaSource: PublicRecords
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 194900.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric
  • Heating: Yes
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 406.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 406.0
  • Association Info:Assoc Buy in Fee: 100
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes

Fee Information

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

Lot Info

  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3046.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
May 17, 2016
Sold by
Hovinga Jeff and Hovinga Monique
Bought by
Anderson Robert B
Seller's Agent
Lisa Novosad
Keller Williams GR East
Buyer's Agent
Patrick Loftis
Coldwell Banker Schmidt Realtors
List Price
$199,900
Sold Price
$187,000
Premium/Discount to List
-$12,900
-6.45%
Current Estimated Value
$301,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,400
Avg. Annual Appreciation
5.10%
Original Mortgage
$177,000
Outstanding Balance
$144,072
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$157,328

Purchase Details

Listed on
Dec 3, 2013
Closed on
Apr 25, 2014
Sold by
Robinson Chadwick L and Robinson Patrick J
Bought by
Hovinga Jeff and Hovinga Monique
Seller's Agent
Gabriel Delnick
Key Realty
Buyer's Agent
Lauren Karsten
Five Star Real Estate (Ada)
List Price
$199,500
Sold Price
$185,500
Premium/Discount to List
-$14,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%
Original Mortgage
$85,500
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2011
Sold by
Vander Zand Rodney A and Vander Zand Meleah Ann
Bought by
Robinson Chadwick L and Robinson Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,880
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2011
Sold by
Citimortgage Inc
Bought by
Fannie Mae

Purchase Details

Closed on
May 18, 2011
Sold by
Vanderzand Rodney A and Vanderzand Meleah A
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 24, 2003
Sold by
Monroe Terrace Condos Llc
Bought by
Vanderzand Rodney A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Dujoco Llc
Bought by
Monroe Terrace Condos Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,822,673
Interest Rate
6.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anderson Robert B $187,000 Grand Rapids Title Co Llc
Hovinga Jeff $185,500 Sun Title Agency Of Mi Llc
Robinson Chadwick L $114,850 None Available
Fannie Mae -- None Available
Citimortgage Inc $178,634 None Available
Vanderzand Rodney A -- --
Monroe Terrace Condos Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Robert B $177,000
Previous Owner Hovinga Jeff $85,500
Previous Owner Robinson Chadwick L $91,880
Previous Owner Vanderzand Rodney A $191,000
Previous Owner Monroe Terrace Condos Llc $1,822,673
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2016 05/17/16 Sold $187,000 -6.5% $169 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $199,900 +7.8% $181 / Sq Ft
04/25/2014 04/25/14 Sold $185,500 -7.0% $168 / Sq Ft View Prior Sale
04/11/2014 04/11/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $199,500 -- $180 / 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 $4,159 $155,400 $0 $0
2024 $4,159 $151,200 $0 $0
2023 $4,219 $147,800 $0 $0
2022 $4,006 $138,000 $0 $0
2021 $3,916 $128,900 $0 $0
2020 $3,744 $125,400 $0 $0
2019 $3,921 $120,600 $0 $0
2018 $3,787 $112,900 $0 $0
2017 $3,686 $97,500 $0 $0
2016 $3,284 $92,700 $0 $0
2015 $3,054 $92,700 $0 $0
2013 -- $85,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lisa Novosad

    Keller Williams GR East

  • R

    Seller Co-Listing Agent in 2016

    Robert Novosad

    Keller Williams GR East

  • P

    Buyer's Agent in 2016

    Patrick Loftis

    Coldwell Banker Schmidt Realtors

    (616) 550-8181

    25 Total Sales

    Patrick Loftis
    Section Image

  • G

    Seller's Agent in 2014

    Gabriel Delnick

    Key Realty

  • L

    Buyer's Agent in 2014

    Lauren Karsten

    Five Star Real Estate (Ada)

    (616) 690-8355

    1 in this area

    90 Total Sales

    Lauren Karsten
    Section Image
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Map

Source: MichRIC

MLS Number: 15059052

MichRIC

APN: 41-13-24-440-061

Michigan Kent County Grand Rapids 49503 Belknap Lookout

600 Monroe Ave NW Unit 409, Grand Rapids, MI

Not Listed for Sale

Condos

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