19 days on rocket

Sale Pending

940 Monroe Ave NW Unit 358, Grand Rapids, MI, 49503

$295,000

Home List Price

$3,503*

Closing Credit

2 Bedrooms
1 Full Bath
1,048 SqFt
$281/SqFt
Condo
Schools Nearby

Location

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940 Monroe Ave NW Unit 358, Grand Rapids$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached
Attached Garage1 space
Year Built1892
HeatingHeat Pump, Electric, Natural Gas
CoolingCentral Air
MLS #65024016654
StatusSale Pending
(Pending)

About 940 Monroe Ave NW Unit 358

Live downtown with views of the beautiful forest courtyard. This 2 bedroom, 1 bathroom, 3rd floor Boardwalk Condominium features 12' wood-beam ceilings, island kitchen, dining area, and one covered parking space. Rare location above office space which allows for solid-surface flooring throughout. In-unit laundry (can be added). Boardwalk is an award-winning historic 400,000 sf furniture factory converted into 235 loft condominiums with a pool, hot tub, rooftop deck, clubhouse, restaurant, fitness center, hair salon, and professional offices.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1892
  • Stories: 1
  • Living Area: 1,048 SqFt

Listing Office:

  • Office Name: Urban Soil Realty
  • Office Phone: (616) 437-1065
  • Listing Agent: Bradley S Veneklase

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Interior: Laundry Facility, Spa/Hot-tub

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Spa/Hot-tub, Club House

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • City Middle/High School, Public Magnet Grades 7-12
  • Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
  • Riverside Middle School, Public District Grades 6-8
  • Coit Arts Academy, Public District Grades KG-5

Other

Directions Information:

  • Directions: North of the historic 6th Street Bridge across from Canal Park on the Grand River.

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $281/SqFt

HOA Fees:

  • Amount: $411
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,560
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grand Rapids, MI.

Med. Sold Price

$299.2K

Med. Price/SqFt

$228

Avg. Days On Market

20

# of Sold Homes

224

940 Monroe Ave NW Unit 358 vs Grand Rapids

19 DAYS ON ROCKET

-1 Day

$295,000

-$4.2K Less

$281/SqFt

+$53 More

KEY TAKEAWAY

This property is $4.2K less than the Median Sold Price and $53/SqFt more than other homes in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65024016654

Listing Office:

  • Office Name: Urban Soil Realty
  • Office Phone: (616) 437-1065
  • Listing Agent: Bradley S Veneklase

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 8:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,560$110,200
2020$1,560$105,000
2019$1,475$95,200
2018$1,483$95,200
2017$1,413$93,100

History based on county public records data.

Payment Calculator

$1,951

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3318861
4
/10
  • Coit Arts Academy

  • 617 Coit Ave NE

  • 0.50 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3318862
4
/10
  • Riverside Middle School

  • 265 Eleanor St NE

  • 1.92 miles

  • Public District Grades 6-8

High School

school-card-donut-3318863
9
/10
  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 1.13 miles

  • Public Magnet Grades 7-12

school-card-donut-3318864
3
/10
  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 1.80 miles

  • Public Magnet Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,840. Most Grand Rapids, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 Monroe Ave NW Unit 358

What is the listing price of this property?

The listing price of 940 Monroe Ave NW Unit 358 property is $295,000.

What type of property is this?

The property 940 Monroe Ave NW Unit 358 is a condo located in Grand Rapids, Michigan, 49503.

Is this property for sale now?

Sale Pending: 940 Monroe Ave NW Unit 358 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 940 Monroe Ave NW Unit 358 are:
Coit Arts Academy: GreatSchools Rating 4/10
Riverside Middle School: GreatSchools Rating 4/10
City Middle/High School: GreatSchools Rating 9/10
Grand Rapids University Preparatory Academy: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,560 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 940 Monroe Ave NW Unit 358 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 940 Monroe Ave NW Unit 358 is 1,048 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 940 Monroe Ave NW Unit 358 is 1892.

Rocket HomesMichiganKent CountyGrand Rapids49503940 Monroe Ave NW Unit 358

This home is located at 940 Monroe Ave NW Unit 358 in Grand Rapids, MI and zip code 49503 in the Belknap Lookout neighborhood. This 1,048 square foot home was built in 1892. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $295,000.

Over 128 listings were sold over their listed price in March 2024 in Grand Rapids, MI. In the same period over 56 listings were sold below the listed price and 40 listings were sold for the listed price. The number of homes for sale in Grand Rapids, MI increased by 9.2% between February 2024 and March 2024. In March 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $299,288.

From Rocket Homes Real Estate and based on county public records data.

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