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431 Coventry Lane

431 Coventry Lane, Mason, MI 48854
Property in Mason
Sold May 30, 2023
$274,200
$219,360 by Flagstar Bank, Fsb
Mortgage Due Jun 01, 2053
Sold Jun 20, 2017
$178,000
$179,797 by The Dart Bank
Mortgage Due Jul 01, 2047
431 Coventry Lane has been categorized by the local assessors in Mason, MI as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 431 Coventry Lane has 1,218 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,340 ft and across the front of the lot is 759 ft. The area measurement of the land has been determined as 10,149 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 504 sqft. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 431 Coventry Lane sold most recently in May 19, 2023 for a total of $274,200. If you work out the math, that's approximately a cost of $225.12 per sqft. Before that, the property was also sold for $178,000 in Jun 9, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,492 in taxes each year. 431 Coventry Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $90,480. If we break it down further, the land itself was valued at $27,440. Improvements to the property, however, were assessed at a total of $63,040. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 552
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,149
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 759
  • Total Building Area: 1,218
  • Gross Building Area: 1,218
  • Building Area: 1,218
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,218
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MASON
  • Land Acres: 0.233
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 43 COVENTRY WOODS CONDOMINIUMS, SEC 7, T2NR1W, CITY OF MASON, INGHAM CO

Ownership

  • Current Owner : MASTERSON MICHAEL
  • Previous Owner : WENZLICK RACHAEL E
  • Owner Before Previous Owner: STEPHENS SCOTT T
  • Owner Before Previous Owner 2: STEPHENS ANGELA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mason Public Schools
  • School Tax School District: 33130
  • Census Tract: 006302

Zoning

  • Zoning: RS3

Geography

  • District: 19-10
  • Section: 7
  • Parcel: 33-19-10-07-228-040
  • Meridian: SEC 07 TWN 02N RNG 01W
  • Municipality: MASON CITY
  • Latitude: 42.581
  • Longitude: -84.466

    Address

  • Full Address: 431 Coventry Ln
  • Legal Unit: 43
  • Address - House Number: 431
  • Address - Street Name: Coventry
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Mason
  • Carrier Code: C003
  • 4-Digit Zip Code: 1160
  • Zip Code: 48854

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,492

    Appraisal Valuation

  • Standard Deviation: 0.1052
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 89
  • Final Value: 282,839
  • High Value: 312,602
  • Low Value: 253,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,360
  • First Open Lien Mortgage Lender: FLAGSTAR BANK, FSB
  • First Open Lien Mortgage Recording Date: May 30, 2023
  • First Open Lien Mortgage Loan Amount: $219,360
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $180,960
  • Market Land Value: $54,880
  • Market Improvement Value: $126,080

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,480
  • Assessed Land Value: $27,440
  • Assessed Improvements Value: $63,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Transaction ID: 11907742109
  • Current Sale Price: $274,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26921
  • Previous Sale Recording Date: Jun 20, 2017
  • Previous Sale Contract Date: Jun 09, 2017
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK, FSB
  • First Mortgage Transaction Date: May 30, 2023
  • First Mortgage Loan Amount: $219,360
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: THE DART BANK
  • Previous Mortgage Transaction Date: Jun 20, 2017
  • Previous Mortgage Loan Amount: $179,797
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Mason



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Frequently Asked Questions

What neighborhood is 431 Coventry Lane located in?
The 431 Coventry Lane is a located in the neighborhood of Mason in Mason, Mason.
What is the average sales price for listings in 431 Coventry Lane?
The average sales price for units in 431 Coventry Lane is $0 currently.

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