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$729,000

Beds
3
Baths
2.0
sq ft
2,113

940 Monroe Ave NW Unit 461, Grand Rapids, MI 49503

940 Monroe Ave NW Unit 461

GrandRapidsCity_Kent, MI 49503

  • 35 days on market
INCREDIBLE RARE OPPORTUNITY! This luxurious double-unit condo is the finest Boardwalk has to offer with grand spaces and sweeping views of the Grand River and Canal Park from every room! Highlights include a new chef's kitchen, perfect for entertaining, overlooking the expansive living and dining areas; spacious primary en suite with oversized closet and private bath; exposed brick walls; wood beam ceilings; new flooring; two additional bedrooms with built-in shelves; second full bath; large laundry room with storage area and separate entrance; and two same level secured parking spaces in attached garage. The Boardwalk HOA includes on-site 24-hour security; outdoor pool; year-round hot tub; dog park, game room; rooftop deck and courtyard with gas grills.Potential MIL/Nanny suite or rental opportunity with 2nd entrance. Other on-site amenities available at an additional charge include Brickyard Tavern; fitness center; community laundry room; additional storage spaces; and extra parking. Close to riverfront, parks, coffee shops, restaurants, breweries, Medical Mile, and everything awesome that downtown Grand Rapids has to offer!

Details

Property type

Condominium

Est. home value

$614,727

Lot size

Unknown

Price per sq ft

$346

Year built

1892

Annual property taxes

$8,821.53

Monthly HOA fee

$841

Price History

03/22/2025
Realcomp

Realcomp #65025007166

Listed
$729,000
+8.81%
05/01/2024
Realcomp

Realcomp #65024010492

Sold
$670,000
-1.46%
03/20/2024
Realcomp

Realcomp #65024010492

Pending
$679,900

Schools & Community

Neighborhood: 

Belknap Lookout

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Fitness Center, Restaurant, Sidewalks

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

$299,474
Asking price
$729,000
Closing costs (~8% of asking)
-$58,320
Est. remaining loan balance
-$371,206
Cash to seller
$299,474

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

Seller’s Loan History

Lender

Van Dyk Mortgage Corp

Loan start date

November 2021

Original loan amount

$400,000

Est. remaining balance

$371,206

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Kimberly Joy Goei and Todd Albert Post Barnes

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: 04/04/2025 at 8:00 PM

Listing updated: 03/27/2025 at 2:01 PM

Listed by: Beth A Loehfelm, Coldwell Banker AJS (Casc) Phone #: (616) 957-1680

MLS: Realcomp #65025007166

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