940 Monroe Ave NW Unit 431, Grand Rapids, MI, 49503
About This Home
This Boardwalk Condominium studio is available at your earliest convenience! Enjoy the buildings largest studio unit featuring exposed brick, open industrial wooded ceiling, full kitchen with wood flooring, carpeted living space with a gorgeous river view facing Northwest! Amenities included: *Water and trash removal *Assigned, attached/covered parking *On site/24 hour security *Community laundry room *Outdoor pool/hot tub *Rooftop deck/courtyard *Game room/theater room *Restaurant/bar, gym, beauty salon This building is walking distance to downtown, and the medical mile. You may also enjoy easy access to GR River Walk, and 131. Enjoy living in the thriving heart of Monroe North and experience downtown Grand Rapids with ease.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Roof: Other
Type & Style
- Home type: Condo
Interior
Appliances
- Appliances included: Dishwasher,Freezer,Garbage disposal,Microwave,Range / Oven,Refrigerator
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Carpet,Hardwood
Heating & Cooling
- Heating features: Forced air
- Cooling features: Central
Interior Area
- Total interior livable area: 584 sqft
Property
Details
- Parcel number: 411324285202
Features
- Exterior features: Brick
- Has spa: Yes
- Has view: Yes
- View description: Water,City
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
Parking
- Total spaces: 1
- Parking features: Garage - Attached
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
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Kent County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,087 | $13,044 |
| Home Insurance * | $92 | $1,104 |
| Property Taxes | $188 | $2,256 |
| Electricity | $188 | $2,259 |
| Total | $1,555 | $18,660 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-01 | Listed for sale | $215,000 |
| 2021-02-27 | Listing removed | -- |
| 2020-09-25 | Listing removed | $1,100 |
| 2020-09-22 | Listed for rent | $1,100 |
| 2020-06-02 | Listing removed | $1,025 |
| 2020-04-24 | Price change | $1,025 |
| 2020-04-23 | Listed for rent | $1,100 |
| 2015-12-21 | Listing removed | $1,200 |
| 2015-11-21 | Listed for rent | $1,200 |
| 2015-11-18 | Sold | $107,500 |
| 2015-10-16 | Price change | $110,000 |
| 2015-10-13 | Price change | $114,900 |
| 2015-10-09 | Price change | $110,000 |
| 2015-07-31 | Listed for sale | $114,900 |
| 2013-10-25 | Sold | $97,000 |
| 2013-08-04 | Listed for sale | $99,900 |
| 2011-05-19 | Listing removed | $114,900 |
| 2010-03-28 | Pending sale | $114,900 |
| 2009-11-14 | Listed for sale | $114,900 |
| 2007-08-21 | Sold | $114,900 |
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