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$299,900

Beds
2
Baths
1.0
sq ft
975

940 Monroe Ave NW Unit 342, Grand Rapids, MI 49503

940 Monroe Ave NW Unit 342

GrandRapidsCity_Kent, MI 49503

  • 130 days on market
    • Price drop $5,000↓
Experience the best of downtown living and all it has to offer in this stunning 2-bed, 1-bath condo at the Boardwalk! Boasting 12'' wood ceilings and an open layout, this unit offers a blend of historic charm and modern updates. Enjoy the beautifully updated countertops, stainless steel appliances, and backsplash in the kitchen, complemented by custom blinds throughout. Step out onto your private balcony for a beautiful and relaxing view overlooking the pool. The Boardwalk features unmatched amenities that include: a pool, year-round hot tub, game room, gym, restaurant, and salon. Don't miss this incredible opportunity!

Details

Property type

Condominium

Est. home value

$323,387

Lot size

Unknown

Price per sq ft

$308

Year built

1892

Annual property taxes

$5,495.39

Monthly HOA fee

$377.87

Price History

11/21/2024
Realcomp

Realcomp #65024060033

Listed
$299,900
+39.49%
08/31/2018
Realcomp

Realcomp #65018021710

Sold
$215,000

Schools & Community

Neighborhood: 

Belknap Lookout

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center

High school district: 

GrandRapids

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

$119,696
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$156,212
Cash to seller
$119,696

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

September 2021

Original loan amount

$169,300

Est. remaining balance

$156,212

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Mary K Vanderwerp

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: 03/30/2025 at 8:30 PM

Listing updated: 03/25/2025 at 9:21 AM

Listed by: Nicholas D Allen, Blueprint Properties LLC Phone #: (616) 706-2459

MLS: Realcomp #65024060033

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