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$383,044Estimated home value

Beds
2
Baths
2.0
sq ft
1,315

940 Monroe Ave NW Unit 549, Grand Rapids, MI 49503

940 Monroe Ave NW Unit 549

Grand Rapids, MI 49503

  • Off market
    • Price drop $10,000↓
Welcome to the top floor at Boardwalk Condo's - easy and convenient living at its finest! Amenities include on-site restaurant/bar, fitness center, rooftop deck, hair salon, deli/coffee shop, theater, laundry, and various professional suites. Located near the common rooftop deck with great views of the river, city skyline and sunsets. This 2-bedroom, 2 full bath condo has been tastefully updated throughout. 1,315 square feet with plenty of room to add a third bedroom and/or in-unit laundry. All new flooring, kitchen appliances, electric fireplace, paint and water heater. You will love the exposed brick, wood pillars, and courtyard pool views.Great value in HOA fee ($467/month) given the amenities compared to what other developments offer. One parking spot is included in the covered garage and an additional spot is available for lease. Possession at close!

Details

Property type

Condominium

Est. home value

$383,044

Lot size

Unknown

Price per sq ft

$301

Year built

1892

Annual property taxes

$5,321.07

Monthly HOA fee

$468

Price History

06/30/2024
Realcomp

Realcomp #65024014523

Removed
$395,000
05/09/2024
Realcomp

Realcomp #65024014523

Price change
$395,000
-2.47%
03/27/2024
Realcomp

Realcomp #65024014523

Listed
$405,000
+48.9%

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

$114,658
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$248,742
Cash to seller
$114,658

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

Seller’s Loan History

Lender

Neighborhood Loans

Loan start date

April 2021

Original loan amount

$267,073

Est. remaining balance

$248,742

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

Lindsey Blosser

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: 06/30/2024 at 10:35 PM

Listing updated: 06/29/2024 at 10:13 AM

Listed by: Mark Blashkiw, Blueprint Properties LLC Phone #: (616) 706-2459

MLS: Realcomp #65024014523

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