$449,000
Grand Rapids, MI 49503
MLS# 25045534
Status: Pending
2 beds | 2 baths | 1352 sqft
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Property Description
Historic Monroe Terrace condo steps from the Grand River waterfront. This 2 bed, 2 full bath loft offers 1,352 sq ft of open-concept living with exposed brick, wood beam ceilings, large windows, and a cozy fireplace. Features a private balcony, secure parking garage, and elevator access. Guest bath fully updated in 2023 with bathworks shower, new fixtures, and lighting. High-end Bosch & Electrolux appliances (2022). Surrounded by dining and entertainment options and a short distance to downtown, the Medical Mile and GVSU.
Details
Maps
Location & Property Info
Unit #: 407
Cross Streets: Monroe and Trowbridge
Property Sub-Type: Condominium
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 332.1
General Property Info
New Construction: No
Lot Dimensions: 0
Road Frontage: 0
Garage Y/N: Yes
Garage Spaces: 1
Fireplace: Yes
Total Fireplaces: 1
Waterfront: No
Income Property: No
Basement: No
Condo Proj Name: Monroe Terrace
Total Rooms AG: 7
Total Fin SqFt All Levels: 1352
SqFt Above Grade: 1352
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 1352
Total Beds Above Grade: 2
Main Level Primary: No
Stories: 2
School District: Grand Rapids
Entry Type: Security
Pets Y/N: Yes
Association Contact: Kraig Koroleski
Association YN: Yes
Year Built: 1880
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 204500
SEV: 204500
For Tax Year: 2024
Seller's Annual Property Tax: 10605.13
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: NA
Zoning: RES
Tax ID #: 41-13-24-440-059
Remarks & Misc
Public Remarks: Historic Monroe Terrace condo steps from the Grand River waterfront. This 2 bed, 2 full bath loft offers 1,352 sq ft of open-concept living with exposed brick, wood beam ceilings, large windows, and a cozy fireplace. Features a private balcony, secure parking garage, and elevator access. Guest bath fully updated in 2023 with bathworks shower, new fixtures, and lighting. High-end Bosch & Electrolux appliances (2022). Surrounded by dining and entertainment options and a short distance to downtown, the Medical Mile and GVSU.
Legal: 411324440059 UNIT NO.407 * 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 AMENDED BY INSTRUMENT NO. 20030624-0125660 & AS AMENDED BY INSTRUMENT NO. 20090330-0026041 & AS AMENDED BY INSTRUMENT NO. 20120716-0064463 & AS AMENDED BY
Lot Description
Sidewalk: 1
Util Avail at Street
Cable Available: 1
Natural Gas Available: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Association Info.
Approx. Assoc Fee: 709.8
Assoc. Buy in Fee: 450
Assoc. Fee Payable: Monthly
Laundry Features
Upper Level: 1
Assoc. Amenities
Pets Allowed: 1
Exterior Material
Brick: 1
Assoc. Fee Incl.
Lawn/Yard Care: 1
Maintenance Structure: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Parking Features
Garage Door Opener: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Heat Pump: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 1
Upper Full Baths: 1
Upper Level Square Feet: 0
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 1
Main Full Baths: 1
Main Level SQFT: 1352
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Substructure
Full: 1
Kitchen Features
Eating Area: 1
Snack Bar: 1
Fireplace
Gas Log: 1
Living Room: 1
Additional Items
Ceiling Fan(s): 1
Elevator: 1
Garage Door Opener: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Exterior Features
Balcony: 1
Patio and Porch Features
Patio: 1
Flooring
Wood: 1
Architectural Style
Other: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 600
Street Name: Monroe
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49503
Zip (4): 1472
OfficeContract Info
Status: Pending
List Price: $449,000
Current Price: $449,000
Listing Date: 2025-09-05
Remarks Misc
Directions: Monroe North, on right after Trowbridge.
Status Change Info
Under Contract Date: 2026-03-27
Property Features
Laundry Features: Upper Level
Exterior Material: Brick
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available; Natural Gas Available
Kitchen Features: Eating Area; Snack Bar
Fireplace: Gas Log; Living Room
Additional Items: Ceiling Fan(s); Elevator; Garage Door Opener
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Heat Source: Natural Gas
Heat Type: Heat Pump
Air Conditioning: Central Air
Exterior Features: Balcony
Flooring: Wood
Patio and Porch Features: Patio
Parking Features: Garage Door Opener
Architectural Style: Other
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: ReSIDE Grand Rapids
Listing Agent: Kyle Visser
Last Updated: March - 27 - 2026
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