Sold
600 Monroe Avenue NW 409, Grand Rapids, MI 49503
Sold on 06/25/2026 for$266,500
MLS # 26019814 (Michigan Regional Information Center (MichRIC))
1 bed2 baths1,107 sqftBuilt 18800 acres
1 / 24
Listing Description
Welcome to Monroe Terrace! Very nice 4th floor loft unit featuring hardwood flooring, stainless steel appliances and 2 full baths!! The Loft features a large bedroom, walk-in closet and impressive primary bath with jet tub and separate shower. There is a perfect office/desk in the loft area as well! 1 parking spot included. Close to everything downtown has to offer. The SpeakEZ Lounge is situated on the 1st floor building for a cold beer or great food! Call now for a private tour.
Source: SparkMLS
About this home
1-bedroom, 2-bath, 1,107 sq ft home in Grand Rapids in Grand Rapids built in 1880.
Final sale price: $266,500 (about $241/sq ft).
Annual property taxes run approximately $4,300 ($358/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms2
Living Area1,107 sqft
Year Built1880
Stories1
Location
CityGrand Rapids
MunicipalityCity of Grand Rapids
Zip Code49503
CountyKent
School DistrictGrand Rapids
Construction & Systems
StyleContemporary
ConstructionBrick
BasementOther
HeatingHeat Pump
WaterPublic
SewerPublic
InteriorCeiling Fan(s), Elevator, Eat-in Kitchen
Sale & Financing
Listed5/3/2026
Sold Date6/24/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$599 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$4,300
Tax Year2025
State Equalized Value$155,400
Taxable Value$138,863
Assessed Value$135,213
Parcel #411324440061
Source: Public Records
Legal Description
411324440061 UNIT NO.409 * MONROE TERRACE CONDOMINIUMS KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.520 LIBER 5163 PAGE 574 AS AMENDED BY REPLAT NO.1 LIBER 5395 PAGE 587 & AS AMENDED BY REPLAT NO. 2 LIBER 6784 PAGE 1344 & LIBER 6786 PAGE 559 & AS AMEN DED BY INSTRUMENT NO. 20030624-0125660 & AS AMENDED BY INSTRUMENT NO. 20090330-0026041 & AS AMENDED BY INSTRUMENT NO. 20120716-0064463 & AS AMENDED B
Property Records
FEMA Flood Zone: Zone D — Undetermined flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Charles J Gallagher
Greenridge Realty (Downtown)
Frequently Asked Questions about 600 Monroe Avenue NW 409, Grand Rapids, MI 49503
Which school district serves 600 Monroe Avenue NW 409, Grand Rapids, MI 49503?
Per MLS# 26019814, 600 Monroe Avenue NW 409, Grand Rapids, MI 49503 is in the Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Grand Rapids directly to confirm enrollment eligibility.
What financing options are available for 600 Monroe Avenue NW 409, Grand Rapids, MI 49503?
Per MLS# 26019814, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 600 Monroe Avenue NW 409, Grand Rapids, MI 49503?
Per public tax records, annual property taxes for this property are $4,300 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 600 Monroe Avenue NW 409, Grand Rapids, MI 49503 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 600 Monroe Avenue NW 409, Grand Rapids, MI 49503 in a flood zone?
Per FEMA flood maps, this property is designated as Zone D, a moderate-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 600 Monroe Avenue NW 409, Grand Rapids, MI 49503?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the City of Grand Rapids police department or the Kent County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$2,350
Principal & interest$1,751
HOA$599
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
600 Monroe Avenue NW 409, Grand Rapids, MI 49503
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Municipality
Grand Rapids
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