1 month on rocket

529 Coventry Ln, Grosse Pointe Woods, MI, 48236

$485,000

Home List Price

$5,759*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,171 SqFt
$153/SqFt
House

Location

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529 Coventry Ln, Grosse Pointe Woods$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingSide Entrance, Electricity, Door Opener, Attached
Attached Garage2 spaces
Year Built1972
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontNavigable Water, Lake, Boat Facilities, Dock Facilities
FireplaceGas, Family Room
Private PoolYes
MLS #20240066794
Lot Size0.22 Acres
StatusActive

About 529 Coventry Ln

At $152/sqft, this is one of the best value-add opportunities in Metro Detroit! Appraised at $750,000 in March 2021, with the market appreciating approximately $50/sqft since! This is a rare chance to own one of only 43 homes in the exclusive GP Woods “Yacht Club View Subdivision,” located on a cul-de-sac near GP North High School and a short walk or bike ride to Lochmoor Country Club, Lake Shore Rd., and the GP Yacht Club. Plus, enjoy 3.3 miles of scenic, unobstructed views along Lake St. Clair. This 4-bedroom, 3 full and 1 half-bath home offers 3,171 sqft living space, plus an additional 1,620 sqft of unfinished basement (plumbed for a fourth full bath) below grade. Set on a 75x129 ft lot (0.22 acre), the home blends modern updates with the opportunity to add your own finishing touches. Recent improvements include: new windows, doors, kitchen, and appliances—all completed in the past two years! The driveway and garage floor have also been newly redone. With vacant residential lot values in GP exceeding $1M/ac and construction costs over $300/sqft, this home presents a fantastic opportunity for significant equity. Built in 1972, it’s “newer” than most Grosse Pointe homes and has many other updates, including custom casement windows, a gas fireplace with a stylish surround, new flooring, updated lighting, and refreshed electrical and plumbing. The layout is perfect for both living and entertaining, with spacious walk-in closets in every bedroom. The primary bedroom includes an ensuite bathroom, ready for you to design the ultimate retreat. The two-story foyer creates an impressive entrance, and the open indoor/outdoor flow makes it ideal for gatherings. Enjoy the convenience of a circular driveway, attached garage, first-floor mudroom, and laundry with a full bath. This home offers luxury living at a fraction of the cost of new construction and unbeatable value in one of Grosse Pointe’s most desirable neighborhoods. Don’t miss this chance to complete the renovation and enjoy substantial equity in your dream home!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Contemporary
  • Year Built: 1972
  • Stories: 2
  • Living Area: 3,171 SqFt

Listing Office:

  • Office Name: KW Grosse Pointe
  • Office Phone: (313) 886-7239
  • Listing Agent: Ryan Lally

Interior Features

Interior Information:

  • Appliances: Electric Range, Dishwasher, Double Oven, Dryer, Electric Cooktop, Exhaust Fan, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Interior: ENERGY STAR® Qualified Window(s)
  • Fireplace: Gas, Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Navigable Water, Lake, Boat Facilities, Dock Facilities
  • Exterior: Tennis Court, Club House, Awning/Overhang(s), Pool – Community, Pool - Inground

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Side Entrance, Electricity, Door Opener, Attached

Virtual/3D Tour

  • 3D Tour: 529 Coventry Ln
3D Tour

Lot Features

Lot Information:

  • Lot: Dead End Street, Near Golf Course
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 529 Coventry Ln, Grosse Pointe Woods, MI 48236

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $153/SqFt

Tax Information:

  • Annual Amount: $11,955
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grosse Pointe Woods, MI.

Med. Sold Price

$330K

Med. Price/SqFt

$203

Avg. Days On Market

23

# of Sold Homes

20

529 Coventry Ln vs Grosse Pointe Woods

49 DAYS ON ROCKET

+26 Days

$485,000

+$155K More

$153/SqFt

-$50 Less

KEY TAKEAWAY

This property is $155K more than the Median Sold Price and $50/SqFt less than other homes in Grosse Pointe Woods, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240066794

Listing Office:

  • Office Name: KW Grosse Pointe
  • Office Phone: (313) 886-7239
  • Listing Agent: Ryan Lally

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,955$219,200
2020$11,176$220,700
2018$11,176$233,100
2017$10,796$230,200

History based on county public records data.

Payment Calculator

$2,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-311771
7
/10
  • Ferry Elementary School

  • 748 Roslyn Rd

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-311772
3
/10
  • Stevens T. Mason Elementary School

  • 1640 Vernier Rd

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-311773
4
/10
  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.21 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,322. The most common annual income of people living in Grosse Pointe Woods, MI is between $100k-200k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 529 Coventry Ln

What is the listing price of this property?

The listing price of 529 Coventry Ln property is $485,000.

What type of property is this?

The property 529 Coventry Ln is a house located in Grosse Pointe Woods, Michigan, 48236.

Is this property for sale now?

Active Listing: 529 Coventry Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,955 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 529 Coventry Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 529 Coventry Ln is 3,171 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 529 Coventry Ln is 1972.

Rocket HomesMichiganWayne CountyGrosse Pointe Woods48236529 Coventry Ln

This home is located at 529 Coventry Ln in Grosse Pointe Woods, MI and zip code 48236. This 3,171 square foot home, which was built in 1972, sits on a 0.22 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $485,000.

Grosse Pointe Woods, MI housing market in October 2024 saw over 8 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. In October 2024 in Grosse Pointe Woods, MI there were 15.7% less homes for sale than in September 2024. In October 2024 median list price was $330,000 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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