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$354,900

Beds
2
Baths
2.0
sq ft
1,215

940 Monroe Ave NW Unit 105, Grand Rapids, MI 49503

940 Monroe Ave NW Unit 105

Grand Rapids, MI 49503

  • 7 days on market
Welcome to your Newly Renovated Nest Perched in a Tranquil Forest Courtyard in the Heart of North Monroe District & Downtown Grand Rapids, where urban living meets comfort and luxury rich in the historic Berkey & Gay Furniture Factory. This exquisite property is tailored to those who seek an exceptional city living experience, be it homebuyers or astute investors. -Location: Nestled in the vibrant core of Downtown Grand Rapids, this Boardwalk Condominium offers the convenience of city life with a variety of restaurants, entertainment venues, and cultural attractions at your doorstep. -Size: This spacious retreat boasts 2 generously sized bedrooms, 2 beautifully appointed bathrooms, exceptional entertaining space, 12' 6'' lofted wood beamed ceilings, providing ample room for relaxationand work. -Great Features: Newly Designed Kitchen and Baths: Step into modernity with well thought finishes, sleek fixtures, new quartz counters & tile splash, and stainless appliances that make this space not just functional but a statement of style. -Freshly Updated Interiors: With new washer and dryer closet, new quartz counters & tile splash in the kitchen and baths, new appliances, new lighting, the contemporary aesthetics serve as a canvas to personalize your abode. -Maintenance Updates: Experience worry-free living with new hot water heater, new heat pump ensuring your comfort throughout the seasons. -Laundry Convenience: Equipped with the addition of a new washer/dryer closet, this condo offers the practicality of in-home laundry. -Ample Parking: TWO premium ramp parking spaces provide the ultimate convenience for city dwellers, making coming and going a seamless experience with additional exterior parking in the east lot for a nominal fee. -Amenities Galore: Step beyond your door to enjoy exclusive access to more amenities than any other development in the area has to offer including north courtyard with resort style living, forested courtyard with grilling and picnic areas and majestic 30+ foot trees, trendy club and g

Details

Property type

Condominium

Est. home value

$370,286

Lot size

Unknown

Price per sq ft

$293

Year built

1892

Annual property taxes

$4,031.77

Monthly HOA fee

$441

Price History

11/14/2024
Realcomp

Realcomp #65024059344

Listed
$354,900
+34.94%
03/10/2017
Realcomp

Realcomp #65017001909

Sold
$263,000

Schools & Community

Neighborhood: 

Belknap Lookout

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

School district: 

Grand Rapids

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$236,664
Asking price
$354,900
Closing costs (~8% of asking)
-$28,392
Est. remaining loan balance
-$89,844
Cash to seller
$236,664

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Independent Bank

Loan start date

March 2017

Original loan amount

$163,000

Est. remaining balance

$89,844

Interest rate

3.34%

Loan type

New Conventional, 15 year

Seller

Karen S Joyce

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 5:30 AM

Listing updated: 11/16/2024 at 3:18 PM

Listed by: Arija Wilcox, Keller Williams GR North Phone #: (616) 447-9100

MLS: Realcomp #65024059344

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