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Sold for $282,000
    • $282,000

    5209 Royal Vale Ln #62, Dearborn, MI 48126

    2beds
    1,730sqft
    Condo
    Built in 1993
    -- sqft lot
    $298,500 Zestimate®
    $163/sqft
    $2,192 Estimated rent

    Home value

    $298,500

    $266,000 - $334,000

    $2,192/mo

    Zestimate® history
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    $2,195/mo

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    $2,195/mo

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    What's special

    A ONE OF A KIND FAIRLANE WOODS CONDOMINIUM! SEIZE YOUR OPPORTUNITY TO LIVE IN DEARBORN'S PREMIER GATED COMMUNITY! PICTURE COMING HOME EVERY DAY TO THE WARM EMBRACE OF 130+ ACRES OF METICULOUS LANDSCAPING. THIS EXQUISITE CONDO FEATURES A DRAMATIC, CATHEDRAL ENTRY FOYER AND OPEN FLOOR PLAN WITH NEUTRAL DECOR THROUGHOUT. SPACIOUS KITCHEN W/ HDWD FLOORS, OAK CABINETS, CENTER ISLAND AND SEPARATE EATING AREA. STAINLESS STEEL APPLIANCES INCLUDED IN THE SALE. MAIN LEVEL LAUNDRY ROOM! FORMAL DINING ROOM OPENS UP TO ELEGANT LIVING ROOM W/ SKYLIGHTS, FIREPLACE AND CATHEDRAL CEILINGS. ENJOY THE LUSH, WOODED VIEWS OF MOTHER NATURE OUT OF YOUR LIVING ROOM WINDOW, OR WHILE RELAXING OUTSIDE ON THE BALCONY. OFFERS EASY ACCESS TO FORD RD AND SOUTHFIELD FREEWAY. IS ACROSS THE STREET FROM FORD WORLD HEADQUARTERS, UNIVERSITY OF MICHIGAN DEARBORN CAMPUS, THE HENRY FORD MUSEUM AND FAIRLANE TOWN MALL. THIS CONDO IS TRULY LOCATED AT THE INTERSECTION OF CONVENIENCE AND LUXURY! SCHEDULE YOUR PRIVATE TOUR TODAY!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Jetted Tub, Intercom, Humidifier, Carbon Monoxide Alarm(s)
    • Basement: Partially finished
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    Interior area
    • Total interior livable area: 1,730 sqft
    • Finished area below ground: 660

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Patio & porch: Deck
    • Exterior features: Wood, Brick
    • Pool features: Community
    • Has spa: Yes
    • Spa features: Private
    • On waterfront: Yes
    • Waterfront features: Pond
    Lot
    • Features: Wooded
    Details
    • Additional structures: CLUB HOUSE
    • Parcel number: 32091410120600
    • Special conditions: Sale
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Raised Ranch
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1993

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Sewer at Street
    • Water: Municipal Water

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Security Patrol
    HOA
    • Has HOA: Yes
    • Services included: Water
    • HOA fee: $225 monthly
    Location
    • Region: Dearborn

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $129,100
    • Exclusions: No Exclusions
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/19/2025Sold$282,000+31.2%$163/sqft
    Source: Public Record Report a problem
    10/13/2020Sold$215,000-2.2%$124/sqft
    Source: Public Record Report a problem
    8/20/2020Pending sale$219,900$127/sqft
    Source: Keller Williams Legacy #2200065000 Report a problem
    8/13/2020Price change$219,900-2.3%$127/sqft
    Source: Keller Williams Legacy #2200065000 Report a problem
    7/4/2020Listed for sale$225,000-6.3%$130/sqft
    Source: Owner Report a problem
    7/31/2001Sold$240,000$139/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $129,100 +12.4%
    2024-- $114,900 -0.9%
    2023-- $115,900 +1.5%
    2022-- $114,200 +5.3%
    2021-- $108,500
    2020$4,688 +3.9%$108,500 +6.9%
    2019$4,511 $101,500 +2.3%
    2018$4,511 $99,200 +3.8%
    2017-- $95,600 -2.6%
    2016-- $98,200 +8.3%
    2015-- $90,650 +32%
    2013$6,870 $68,700
    2011-- $68,700 -31.2%
    2008-- $99,800 -15%
    2007-- $117,400
    2005-- $117,400 +3%
    2003$4,249 +6.8%$114,000 +21.4%
    2001$3,980 +3.2%$93,870 +3.2%
    2000$3,858 $90,959
    Find assessor info on the county website

    Neighborhood: 48126

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Dearborn

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $298,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $298,500

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