tomo logo

$339,515Estimated home value

Beds
2
Baths
2.0
sq ft
1,041

940 Monroe Ave NW Unit 446, Grand Rapids, MI 49503

940 Monroe Ave NW Unit 446

Grand Rapids, MI 49503

  • Sold On 9/22/2024
    • Price drop $4,899↓
This is a MUST-SEE! Don't miss this incredible opportunity to own a condo in a stunning building! This attractively priced property in Downtown Grand Rapids is awaiting new owners. Offering immediate occupancy & is turn-key READY. This updated 2-bedroom, 2 full bathroom condo showcases an open-concept living area that is ideal for both entertaining and unwinding. The kitchen boasts modern stainless steel appliances, a kitchen eating space with granite countertops. The primary suite includes a full bathroom with a fresh look & new fixtures, a newly decked balcony facing the courtyard, and a generous walk-in closet. The second bedroom can serve as a guest room, home office, or customized to suit your preferences. Other features include in-unit laundry for added convenience & second FULLBATHROOM. New HVAC/Hot Water Tank just installed as well! The HOA fee includes secure ramp parking with additional parking space available! This building offers dining, entertaining, roof-top views, pool/hot tub, fitness facility and so much more. Just a short distance from parks, entertainment & shopping. Come tour to see the amazing amenities & livelihood this building has to offer! PET FRIENDLY!

Details

Property type

Condominium

Est. home value

$339,515

Lot size

Unknown

Price per sq ft

$308

Year built

1892

Annual property taxes

$4,131.17

Monthly HOA fee

$396

Price History

09/20/2024
Realcomp

Realcomp #65024029662

Sold
$310,000
-3.13%
08/28/2024
Realcomp

Realcomp #65024029662

Pending
$320,000
07/23/2024
Realcomp

Realcomp #65024029662

Price change
$320,000
-1.51%

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

$149,501
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$144,899
Cash to seller
$149,501

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

Seller’s Loan History

Lender

Grand River Bank

Loan start date

December 2019

Original loan amount

$159,900

Est. remaining balance

$144,899

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Ashley Hresko

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: Off Market

Tomo last checked: 09/28/2024 at 5:15 PM

Listing updated: 09/22/2024 at 6:14 PM

Listed by: Angela J Worth, Bellabay Realty (North) Phone #: (616) 719-1022

MLS: Realcomp #65024029662

Realcomp logo

Recently listed in Grand Rapids