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144 Oakes St SW #2203, Grand Rapids, MI, 49503

3beds
3baths
1,710sqft
$950,000
$556price/sqft
$6,231/moest. monthly cost
$249,240/yrincome needed

About This Home

Nestled in the heart of Grand Rapids, Studio Park Tower Condominiums offer a sophisticated urban lifestyle unparalleled to the downtown community. Each condominium is a radiant sanctuary, featuring sleek floor-to-ceiling windows that bring an abundance of natural light to the living space. With over 1,700 sq.ft .of living space, this white box unit offers 3 bedrooms, 3 baths on the North side of the building overlooking downtown Grand Rapids. Outdoor balcony just under 400 sq. ft. spans the entire unit for the ultimate entertaining experience. Buyers may bring a builder of their choice to build their dream condo! Residents in Studio Park Tower will enjoy world-class amenities including a state of the art community room, on-site workspace, pickleball court, golf simulator, sauna, fitness facility, competition-length swimming pool, outdoor entertainment space, dog wash, and sundeck. Don't miss your opportunity to build your dream home in the most desirable new location in downtown Grand Rapids!

Getting Around

95
WalkingWalker's Paradise
63
TransitGood Transit
64
BikeBikeable

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Roof: Rubber
  • Construction materials: Other

Other

  • Builder name: Rockford Construction

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: In Unit,Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Features

  • Window features: Insulated Windows

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,710
  • Total interior livable area: 1,710 sqft

Property

Accessibility

  • Accessibility features: 36 Inch Entrance Door,36' or + Hallway,42 in or + Hallway,Accessible Mn Flr Full Bath

Details

  • Parcel number: 411325450025
  • Zoning description: Commerical/Cond

Features

  • Stories: 1
  • Pool features: Association Indoor Pool
  • Exterior features: Balcony

Lot

  • Features: Level,Sidewalk

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Tornado
    TornadoVery High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Strong Wind
Winter Weather
Cold Wave
Hail
Heat Wave
Ice Storm

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 $4,803$57,636
Home Insurance *$409$4,908
Property Taxes $831$9,972
Electricity $188$2,259
Total$6,231$74,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$213,634/yr
40% on housing$186,930/yr
45% on housing$166,160/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

$556This listing

vs Other Active Listings

Avg $/sqft

ZIP 49503$197
Kent County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49503$212
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)

No zestimate history available

Price History

DateEventPrice
2025-06-02Listed for sale$950,000
2025-05-22Listing removed$950,000
2024-11-22Listed for sale$950,000

New Construction

AgentKate Bylsma
BrokeragePatriot Realty

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