Sold

940 Monroe Avenue NW 455A, Grand Rapids, MI 49503

Sold on 03/05/2025 for$225,000

MLS # 25002578 (Michigan Regional Information Center (MichRIC))

1 bed1 bath514 sqftBuilt 18920 acres

940 Monroe Avenue NW 455A, Grand Rapids, MI 49503 — front exterior

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Listing Description

Stunning 4th-Floor Condo with fantastic views! Experience the perfect blend of comfort, convenience, and breathtaking scenery in this beautifully designed 1-bedroom, 1-bathroom condo. Situated on the 4th floor, this home offers stunning views of the Grand River, providing a serene backdrop for your everyday living. This condo features a bright, open layout that maximizes natural light and highlights the picturesque river views. The kitchen features sleek quartz countertops, included appliances, and ample storage for all your culinary need as well as an In-Unit Laundry! The bedroom is a private, cozy, tranquil retreat with its own views.

Source: SparkMLS

About this home

1-bedroom, 1-bath, 514 sq ft home in Grand Rapids in Grand Rapids built in 1892.

Final sale price: $225,000 (about $438/sq ft).

Annual property taxes run approximately $2,721 ($227/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. Fiber internet is available at this address with download speeds up to 5,120 Mbps across 11 providers.

Listing Property Details

Property TypeResidential

Property SubtypeCondominium

Bedrooms1

Bathrooms1

Living Area514 sqft

Year Built1892

Stories1

Location

CityGrand Rapids

MunicipalityCity of Grand Rapids

Zip Code49503

CountyKent

School DistrictGrand Rapids

Construction & Systems

StyleHistoric

ConstructionBrick, Concrete

BasementOther

Garage1 space

HeatingForced Air

WaterPublic

SewerPublic

UtilitiesPhone Connected, Natural Gas Connected, Cable Connected

InteriorElevator, Hot Tub Spa, Eat-in Kitchen

Sale & Financing

Listed1/21/2025

Sold Date3/4/2025

Terms AcceptedCash, FHA, VA Loan, Conventional

Concessions$5,000

HOA

HOA Fee$273 / Monthly

IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care

Source: SparkMLS

Tax Information

Annual Tax$2,721

Tax Year2024

State Equalized Value$91,600

Taxable Value$90,847

Assessed Value$85,800

Parcel #411324285274

Source: Public Records

Legal Description

411324285274 UNIT 157 * BOARDWALK CONDOMINIUMS KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.823 INSTRUMENT NO.20060428-0048899 AS AMENDED BY REPLAT NO.1 INSTRUMENT NO.20060919-0103267 & AS AMENDED BY REPLAT NO.2 INSTRUMENT NO.20071226-0120097 & AS AMENDED BY REPLAT NO.2 INSTRUMENT NO. 20080226-0016507 & AS AMENDED BY REPLAT NO.3 INSTRUMENT NO.20080714-0065135 & AS AMENDED BY REPLAT NO.4 INSTRUMENT

Property Records

FEMA Flood Zone: Zone D — Undetermined flood risk

Source: FEMA NFHL

USDA Rural Development: Not Eligible

Verify eligibility at USDA

Listed by Mellissa D Kaiserlian

ERA Reardon Realty Great Lakes

Frequently Asked Questions about 940 Monroe Avenue NW 455A, Grand Rapids, MI 49503

Which school district serves 940 Monroe Avenue NW 455A, Grand Rapids, MI 49503?

Per MLS# 25002578, 940 Monroe Avenue NW 455A, 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.

Can I use FHA or VA financing for this property?

Per MLS# 25002578, this listing accepts Cash, FHA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.

What are the property taxes at 940 Monroe Avenue NW 455A, Grand Rapids, MI 49503?

Per public tax records, annual property taxes for this property are $2,721 (2024). 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.

MI Property Tax Estimator

Can I use a USDA Rural Development loan for this property?

Per USDA Rural Development boundary data, 940 Monroe Avenue NW 455A, 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.

USDA Eligibility Map

Is 940 Monroe Avenue NW 455A, 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.

FEMA Flood Map

What internet service is available at this address?

Per FCC Broadband Data Collection filings, fiber internet is available at 940 Monroe Avenue NW 455A, Grand Rapids, MI 49503. The maximum advertised download speed is 5.1 Gbps. 11 internet providers serve this address. Confirm availability and speeds directly with providers.

FCC Broadband Map

What utilities serve 940 Monroe Avenue NW 455A, 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.

Consumers Energy Company DTE Gas Company MI Public Service Commission

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

Or contact Alexander directly

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