NOT LISTED FOR SALE

5207 Royal Vale Ln Dearborn, MI 48126

Henry Ford-Fairlane Neighborhood

Estimated Value: $255,592 - $290,000

2 Beds
2 Baths
1,184 Sq Ft
$350/mo HOA Fee

Last Sold September 28, 2020

Last sale price $175,000 $148 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,160/month

19 Days on Market

Highlights

  • Ranch Style House
  • End Unit
  • Covered Patio or Porch
  • Duvall Elementary School Rated A-
  • Ground Level Unit
  • 2 Car Direct Access Garage

About This Home

As of September 2020

Lovely end-unit true ranch condo in the much sought after gated community of Fairlane Woods! Two bedrooms and two full baths. Master bedroom has an ensuite bathroom with a garden tub, separate shower, and walk-in closet. Great room has floor-to-ceiling windows providing an abundance of natural light. The spacious deck directly off the great room allows the opportunity to sip a quiet cup of morning coffee or an evening BBQ while enjoying the view of the woods. Kitchen opens to a sizable dining room. Open staircase leads to the lower level. Laundry has two options. Currently the washer/dryer is located in the lower level, however, the main floor is plumbed for a first floor laundry. Neutral decor throughout. Rarely does a true ranch end-unit come on the market. Opportunity is knocking! Don't miss it! C of O has been done. Estate Sale. Property being sold As-Is.

Last Agent to Sell the Property

Diane Kroll

Remerica Hometown License #6501300593 Listed on: 07/23/2020

Remerica Hometown

Last Buyer's Agent

Hassan Ahmad

RE/MAX Leading Edge License #6501308071

RE/MAX Leading Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1993

Lot Details

  • End Unit
  • Private Entrance
  • Gated Home

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32820914101207

Community Details

Overview

  • Denise Smith Independent Property Management Association, Phone Number (734) 454-4022
  • Fairlane Woods Cond Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,363

Year Built

Built in 1993

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1993
  • State Equalized Value: 93600.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1184
  • Total Sq Ft: 1184
  • Sq Ft Total Bsmt: 641

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Gate House, Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Water
  • Association Fee Frequency: Monthly
  • Phone: 734-454-4022
  • Association Fee: 350
  • Association Contact: DENISE SMITH INDEPENDENT PROPERTY MANAGEMENT
  • Association Fee: Yes

Schools

  • School District: Dearborn

Lot Info

  • Homestead: Yes
  • Parcel Number: 32820914101207

Tax Info

  • Tax Amount Summer: 3785.0000
  • Tax Amount Winter: 578.0000
  • Total Tax: 4363.0000
  • Taxable Value: 69133.0000

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 28, 2020
Sold by
Teresa L Roman Living Trust and Tucker Rachel H
Bought by
Saab Mohamad and Saas Hana
Seller's Agent
Diane Kroll
Remerica Hometown
Buyer's Agent
Hassan Ahmad
RE/MAX Leading Edge
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Current Estimated Value
$274,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,148
Avg. Annual Appreciation
8.69%
Original Mortgage
$140,000
Outstanding Balance
$125,643
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$139,133

Purchase Details

Closed on
Jul 26, 2001
Sold by
Roman Teresa L and Hertz Philip
Bought by
Roman Teresa L and Teresa L Roman Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saab Mohamad $175,000 None Listed On Document
Roman Teresa L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saab Hana A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $175,000 -5.4% $148 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $184,900 -2.6% $156 / Sq Ft
07/28/2020 07/28/20 Price Changed $189,900 -5.0% $160 / Sq Ft
07/23/2020 07/23/20 For Sale $199,900 -- $169 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,193 $110,800 $0 $0
2024 $4,193 $103,200 $0 $0
2023 $3,968 $91,200 $0 $0
2022 $4,735 $92,100 $0 $0
2021 $5,554 $90,000 $0 $0
2019 $4,363 $93,600 $0 $0
2018 $3,696 $90,800 $0 $0
2017 $1,060 $87,500 $0 $0
2016 $3,458 $89,900 $0 $0
2015 $6,534 $83,600 $0 $0
2013 $6,330 $63,300 $0 $0
2011 -- $63,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Kroll

    Seller's Agent in 2020

    Diane Kroll

    Remerica Hometown

    (734) 905-0118

    1 in this area

    60 Total Sales

    Diane Kroll
    Section Image
  • Hassan Ahmad

    Buyer's Agent in 2020

    Hassan Ahmad

    RE/MAX

    (313) 999-2532

    1 in this area

    83 Total Sales

    Hassan Ahmad
    Section Image
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Map

Source: Realcomp

MLS Number: 2200055020

Realcomp

APN: 32-09-141-01-207

Michigan Wayne County Dearborn 48126 Henry Ford-Fairlane

5207 Royal Vale Ln, Dearborn, MI

This home is located at 5207 Royal Vale Ln, Dearborn, MI 48126 since 23 July 2020 and is currently estimated at $274,148, approximately $231 per square foot. This property was built in 1993. 5207 Royal Vale Ln is a home located in Wayne County with nearby schools including Duvall Elementary School, Smith Middle School, and Dearborn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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