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Dexter 48130
505 Coventry Circle
$337,930
● House - Off Market

505 Coventry Circle

Dexter, MI 48130
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,492 Ft²
$483,805
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

NEW CONSTRUCTION IN DEXTER CROSSING - SITE 198. The Ashton ranch offers the convenience of first floor living with 3 bedrooms and 2 full baths. The spacious great room with cathedral ceiling, gas fireplace & extensive hardwood flooring opens to the dining area & kitchen that features maple cabinetry, granite counters & a full appliance package. Master bedroom suite has a private bath with tiled floors & 5'fiberglass shower. An additional 84 sf added to front bedroom with walk-in closet. Daylight basement with 9' foundation & rough-in plumbing ready for future finish. Azek, 10'x 14' low maintenance deck included. New construction is a great opportunity. No need to compete with other buyers or remodel an existing home! Picture shown may vary from actual that will be built.,   Primary Bath
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$213
Property Type
House
Property Taxes
$121
HOA Dues
$23
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #48791)

Price History

Date / Event Date Event Price
Jan 14, 2019 Sold
Premium
Sold
Dec 10, 2018 Sold
Premium
Sold
Aug 1, 2018 Sold
Premium
Sold
May 16, 2018 Listed by The Charles Reinhart Company $318,000
Listed by The Charles Reinhart Company

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,532
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,532
  • Building Area: 1,532
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,532
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEXTER CROSSING SITE CONDO 293
  • Land Acres: 0000000150
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: SITE 198, DEXTER CROSSING SITE CONDO, WASHTENAW CO CONDO SUBDV PLAN NO. 293. PTNW 1/4 SEC 8, T2S, R5E. VILLAGE OF DEXTER. .15

Neighborhood

  • School District Name: Dexter Community School District
  • School Tax School District: DEXTER
  • Census Tract: 454002

Zoning

  • Zoning: R-1B

Geography

  • District: 08
  • Parcel: 08-08-08-260-198
  • Block: 260
  • Meridian: SEC 08 TWN 02S RNG 05E
  • Municipality: DEXTER CITY
  • Latitude: 42.3202
  • Longitude: -83.8754

    Address

  • Full Address: 505 Coventry Cir
  • Address - House Number: 505
  • Address - Street Name: Coventry
  • Address - Suffix Type: Cir
  • State: MI
  • City Name: Dexter
  • Carrier Code: C001
  • 4-Digit Zip Code: 1075
  • Zip Code: 48130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,718
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 437,237
  • High Value: 509,281
  • Low Value: 365,193

    Market Valuation

  • Market Total Value: $399,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2018
  • Current Sale Recording Date: Jan 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6454732
  • Previous Sale Recording Date: Aug 01, 2018
  • Previous Sale Contract Date: Jul 16, 2018
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dexter

Stats & Trends

Median Asking:

$464,950

Sale Price/ft²

$266

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1504 ft²

Average Home Age

26.6 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Lisa Stelter, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 48791
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 505 Coventry Circle built and last sold?
The property at 505 Coventry Circle was built in 2018 and last sold on Dec 6, 2018 for $337,930.
How much is this home worth?
The estimated value of the home located at 505 Coventry Circle is $0.
What are some comparable homes to 505 Coventry Circle?
There are currently no comparable homes to 505 Coventry Circle.
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