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940 Chatham St NW, Grand Rapids, MI, 49504

3beds
3baths
2,271sqft
$305,000
$134price/sqft
$2,510/moest. monthly cost
$100,400/yrincome needed

About This Home

Over 2,000 square feet of living space within walking distance of Bridge Street! This updated 3-bedroom home puts you just minutes from downtown Grand Rapids, John Ball Zoo, restaurants, shopping, and easy highway access—all while offering the space and character that's hard to find this close to the city. Inside, the main level features newer paint, vinyl wood flooring, a spacious living room, large dining area with built-ins, and an updated kitchen with brand new cabinetry, butcher block countertops, stainless steel sink, a newer oven/range, and a large window overlooking the backyard. An additional eating area off the kitchen provides even more built-in storage, and a convenient half bath completes the main floor. Upstairs, original hardwood floors run throughout three generously sized bedrooms filled with natural light. The remodeled full bathroom includes a walk-in shower, tile flooring, updated vanity and countertop, and custom built-in bench seating. Need even more room? The partially finished lower level adds a second living/rec space, another half bath, laundry area with washer and dryer, additional storage, brand-new windows, and a new water heater. With over 2,000 square feet, thoughtful updates, original character, and a location that keeps you close to some of the best that Grand Rapids has to offer, this home is ready for its next owner. Schedule your private showing today!

Getting Around

82
WalkingVery Walkable
42
TransitSome Transit
75
BikeVery Bikeable

Schools

4/10
Sibley SchoolGrades PK-50.1 mi
8/10
5/10
Union High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1908

Materials

  • Roof: Composition,Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Oven,Range,Refrigerator,Washer
  • Laundry features: Gas Dryer Hookup,In Basement,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Daylight,Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 1/2 bathrooms: 2

Dining Room

  • Level: Main

Features

  • Eat-in Kitchen
  • Flooring: Tile,Vinyl,Wood
  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,688
  • Total interior livable area: 2,271 sqft

Property

Details

  • Parcel number: 411326230008
  • Zoning description: RES

Features

  • Stories: 2

Lot

  • Lot size: 5,227 sqft
  • Features: Level,Sidewalk
  • Lot size dimensions: 41 x 132

Parking

  • Total spaces: 1
  • Parking features: Garage Faces Front,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Kent County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,542$18,504
Home Insurance *$113$1,356
Property Taxes $608$7,296
Electricity $247$2,972
Total$2,510$30,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,057/yr
40% on housing$75,300/yr
45% on housing$66,933/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$134This listing

vs Other Active Listings

Avg $/sqft

ZIP 49504$171
Kent County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49504$191
Kent County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$299,999
2026-07-23Listed for sale$305,000
2022-03-29Sold$260,000
2022-03-13Pending sale$250,000
2022-03-06Listed for sale$250,000
2021-03-24Listing removed--
2016-10-20Listing removed$200,000
2016-09-18Listed for sale$200,000
2016-04-15Sold$64,100
2016-01-22Pending sale$64,000
2015-12-31Listed for sale$64,000
2015-06-25Sold$50,968
2015-05-19Listed for sale--

For Sale by Agent

AgentPayton L Haas
BrokerageCornerstone Home Group

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