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Sold for $365,000
  • $365,000

    5241 Royal Vale Ln #72, Dearborn, MI 48126

    3beds
    2,619sqft
    Condominium
    Built in 1993
    -- sqft lot
    $425,200 Zestimate®
    $139/sqft
    $2,901 Estimated rent

    Home value

    $425,200

    $400,000 - $455,000

    $2,901/mo

    Zestimate® history
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    What's special

    3 bedroom, 3.5 bath condo in Fairlane Woods. Large great room with high ceilings and gas fireplace opens to deck and wooded surroundings. Hardwood floors, two master suites, two lofts, first floor laundry, 2 car att garage. Full finished basement with 2nd kitchen. All appliances included. Some furnishings may be available. Up to code and move in ready.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ted B Easterly 313-561-0900,

    RE/MAX Team 2000,

    Adam Easterly 313-561-0900,

    RE/MAX Team 2000

    Bought with:

    Mike Sher, 6502346400

    Max Broock, REALTORS®-Bloomfield Hills

    Source: Realcomp II,MLS#: 20240001964MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fans, Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Free Standing Electric Range, Free Standing Refrigerator, Humidifier, Microwave, Washer
    • Laundry: Gas Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Basement: Finished,Full
    • Has fireplace: Yes
    • Fireplace features: Gas, Great Room
    Interior area
    • Total interior livable area: 2,619 sqft
    • Finished area above ground: 1,719
    • Finished area below ground: 900

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Attached, Direct Access, Electricityin Garage, Garage Faces Front, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Patio & porch: Deck
    • Exterior features: Grounds Maintenance, Private Entrance
    • Fencing: Fencingnot Allowed
    Lot
    • Features: Wooded
    Details
    • Parcel number: 32820914101216
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Cape Cod
    • Property subtype: Condominium
    Materials
    • Brick
    • Foundation: Basement, Poured
    Condition
    • New construction: No
    • Year built: 1993
    • Major remodel year: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Other
    • Utilities for property: Cable Available, Underground Utilities

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center
    • Security: Gated Community, Smoke Detectors
    • Subdivision: FAIRLANE WOODS COND
    HOA
    • Has HOA: Yes
    • HOA fee: $375 monthly
    • HOA phone: 734-454-4022
    Location
    • Region: Dearborn

    Financial & listing details

    • Price per square foot: $139/sqft
    • Tax assessed value: $100,368
    • Annual tax amount: $5,131
    • Date on market: 1/13/2024
    • Cumulative days on market: 4 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan,Warranty Deed
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    2/27/2024Sold$365,000+17.8%$139/sqft
    Source: Realcomp II #20240001964 Report a problem
    1/14/2024Pending sale$309,900$118/sqft
    Source: Realcomp II #20240001964 Report a problem
    1/13/2024Listed for sale$309,900+54.2%$118/sqft
    Source: Realcomp II #20240001964 Report a problem
    7/16/1994Sold$201,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $146,900 +11.8%
    2024-- $131,400 -0.9%
    2023-- $132,600 +1.5%
    2022-- $130,600 +2.4%
    2021-- $127,600
    2020$5,596 +3.9%$127,600 +6.6%
    2019$5,384 $119,700 +11.6%
    2018$5,384 $107,300 +3.9%
    2017-- $103,300 -2.7%
    2016-- $106,200 -1.9%
    2015-- $108,250 +32%
    2013$8,200 $82,000
    2011-- $82,000 -31.2%
    2008-- $119,100 -15%
    2007-- $140,100
    2005-- $140,100 +3%
    2003$4,102 -5.8%$136,000 +32.4%
    2001$4,354 +3.2%$102,705 +3.2%
    2000$4,221 $99,520
    Find assessor info on the county website

    Neighborhood: 48126

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $425,200
    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
    $425,200