$299,900
$15K PRICE DROP

Estimated payment $2,604/month

Total Views 5,443
1 Bed
2 Baths
1,110 Sq Ft
$270 Price per Sq Ft

Highlights

  • Security Service
  • Wood Flooring
  • Corner Lot: Yes
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • 2-minute walk to Sixth Street Park

About This Home

Modern Top-Floor Loft in Prime Downtown Grand Rapids Location

Welcome to this stunning top-floor 1-bedroom, 2-bath loft located in the heart of Downtown Grand Rapids. Featuring vaulted ceilings, beautiful hardwood floors, and an open, light-filled layout, this unit offers a perfect blend of style and functionality.

The kitchen is equipped with stainless steel appliances, generous cabinet space, and a convenient snack bar—ideal for casual meals or entertaining. The spacious primary suite includes a large walk-in closet, a private office nook with balcony access, and in-unit laundry for added convenience. The luxurious en-suite bathroom boasts a Jacuzzi tub and separate walk-in shower.

Additional features include: Secure building entry, Bike storage, Pet-friendly community, one assigned uncovered parking space

This move-in-ready unit is just steps from restaurants, shops, entertainment venues, and everything downtown Grand Rapids has to offer. Whether you're a first-time homebuyer, looking to downsize, or seeking a smart investment property, this loft checks all the boxes.

Listing Agent

Colleen Erickson

Michigan Top Producers License #6501462544 Listed on: 06/21/2025

Co-Listing Agent

Linda Lazarus

Michigan Top Producers License #6501380665

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1880

HOA Fees

  • $581 Monthly HOA Fees

Parking

  • Parking Permit Required

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,110 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Historic Home
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include trash, snow removal, sewer, lawn/yard care
  • $450 HOA Transfer Fee
  • Association Phone (616) 320-2857
  • Monroe Terrace Condominiums

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Elevator
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,400

Year Built

Built in 1880

Lot Details

0

HOA Fees

$581 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Historic, Other
  • Stories: 2
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: Condominium
  • 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: 1110.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 4400.0
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Mineral Rights:No: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Additional Items:Whirlpool Tub: Yes
  • General Property Info:Condo Proj Name: Monroe Terrace Condominiums
  • General Property Info:Entry Type: Security
  • General Property Info:Pets YN: Yes
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • Roofing:Flat: Yes
  • General Property Info:SqFt Above Grade: 1110.0
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Historic: Yes
  • Security Features:Fire Alarm: Yes
  • Security Features:Building Security: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Broadband, Elevator, Center Island, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Other
  • LivingArea: 1110.0
  • Spa Features: Whirlpool Tub
  • Window Features: Screens, Insulated Windows
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 299900.0
  • Lot Features: Corner Lot, Sidewalk, Site Condo
  • Road Surface Type: Paved
  • Roof: Flat
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Permit Required
  • Parking Features:Permit Required: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump
  • Heating: Yes
  • Laundry Features: In Unit, Laundry Closet
  • Security Features: Building Security, Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Security, Other
  • Association Fee: 581.0
  • Association Fee Frequency: Monthly
  • Association Phone: 616-320-2857
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 581.0
  • Association Info:Assoc Buy in Fee: 450
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Agent For Owner
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Security: Yes
  • Association Info:Association Phone: 616-320-2857

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Year: 2024

Map

Range of Values:

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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 $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

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $299,900 -1.6% $270 / Sq Ft
07/16/2025 07/16/25 Price Changed $304,900 -1.6% $275 / Sq Ft
06/28/2025 06/28/25 Price Changed $309,900 -1.6% $279 / Sq Ft
06/21/2025 06/21/25 For Sale $314,900 +68.4% $284 / Sq Ft
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
04/11/2014 04/11/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $199,500 -- $180 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $187,000 Grand Rapids Title Co Llc
Warranty Deed $185,500 Sun Title Agency Of Mi Llc
Warranty Deed $114,850 None Available
Quit Claim Deed -- None Available
Sheriffs Deed $178,634 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,000 Credit Line Revolving
Open $177,000 Adjustable Rate Mortgage/ARM
Previous Owner $85,500 New Conventional
Previous Owner $91,880 Adjustable Rate Mortgage/ARM
Previous Owner $52,000 Credit Line Revolving
Previous Owner $39,600 Credit Line Revolving
Previous Owner $191,200 Unknown
Previous Owner $191,000 Purchase Money Mortgage
Previous Owner $1,822,673 No Value Available
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25030057

Southwestern Michigan Association of REALTORS®

APN: 41-13-24-440-061