NOT LISTED FOR SALE

5357 Royal Vale Ln Unit 17 Dearborn, MI 48126

Henry Ford-Fairlane Neighborhood

Estimated Value: $391,000 - $495,000

3 Beds
2.5 Baths
1,719 Sq Ft
$350/mo HOA Fee

Last Sold January 17, 2019

Last sale price $245,000 $143 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,253/month

24 Days on Market

Highlights

  • Outdoor Pool
  • Gated Community
  • Deck
  • Duvall Elementary School Rated A-
  • Clubhouse
  • Contemporary Architecture

About This Home

As of January 2019

IF YOU ARE LOOKING FOR SECURITY AND LUXURY LIVING, THEN LOOK NO FURTHER. THIS BEAUTIFUL 3 BEDROOM CONDO IS LOCATED IN THE PRESTIGIOUS GATED COMMUNITY OF FAIRLANE WOODS. THIS BEAUTY FEATURES A 1ST FLOOR MASTER SUITE WITH STAND UP SHOWER AND JETTED TUB, A WALK-IN CLOSET AND A DOOR TO THE REAR DECK. YOU WILL LOVE THE NEWER HARDWOOD FLOORS IN THE LIVING ROOM AND DINING ROOM. LIVING ROOM HAS A GAS FIREPLACE AND ANOTHER DOOR LEADING TO THE WOOD DECK. UPPER LEVEL HAS A LIBRARY/OFFICE THAT OVERLOOKS THE LIVING ROOM, AND AN ADDITIONAL FAMILY ROOM THAT CAN BE WALLED OFF TO OFFER A 4TH BEDROOM IF NEEDED. ATTACHED 2 CAR GARAGE AND A LARGE FINISHED BASEMENT OFFERING A BONUS REC / MEDIA ROOM. ENJOY THE SUMMERTIME SWIMMING POOL AND CLUBHOUSE (WITH ADDITIONAL FEE), AND THE PEACE OF MIND OF AN UPSCALE GATED COMMUNITY. EXCLUDE POOL TABLE & DECORATIVE FIREPLACE IN BASEMENT.

Last Agent to Sell the Property

James Ferris

RE/MAX Team 2000 License #6501282127 Listed on: 11/15/2018

RE/MAX Team 2000

Last Buyer's Agent

Zachary Sleiman

Century 21 Curran & Oberski License #6501416173

Century 21 Curran & Oberski

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1992

Lot Details

  • Property fronts a private road
  • Gated Home
  • Wooded Lot

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,719 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Exterior Lighting
  • Gazebo

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 32820914101161

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,341

Year Built

Built in 1992

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1992
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3369
  • Sq Ft Lower Floor: 1650
  • Total Sq Ft: 1719
  • Sq Ft Total Bsmt: 1719

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Club House, Gate House, Gazebo, Grounds Maintenance, Lighting, Pool – Community, Security Patrol
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved, Private

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, 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: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 734-454-4022
  • Association Fee: 350
  • Association Contact: DENISE
  • Association Fee: Yes

Schools

  • School District: Dearborn

Lot Info

  • Homestead: Yes
  • Lot Features: Gated Community, Wooded
  • Parcel Number: 32820914101161

Tax Info

  • Tax Amount Summer: 4671.0000
  • Tax Amount Winter: 670.0000
  • Total Tax: 5341.0000

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Fawaz Zahi
Bought by
Fawaz Zahi and Berry Tasha
Current Estimated Value
$457,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,749
Outstanding Balance
$213,609
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$182,145

Purchase Details

Listed on
Nov 15, 2018
Closed on
Jan 17, 2019
Sold by
Shamey Tom and Shamey Pamela
Bought by
Fawaz Zahi
Seller's Agent
James Ferris
RE/MAX Team 2000
Buyer's Agent
Zachary Sleiman
Century 21 Curran & Oberski
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$232,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 1995
Sold by
Lydia H Kachigian and Lydia Raff
Bought by
Krikorian Lydia H Kachigian and Krikorian Raffi K
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
Fawaz Zahi -- Addison Title Services
Fawaz Zahi $245,000 Title One Inc
Krikorian Lydia H Kachigian $220,000 --
Krikorian Lydia H Kachigian $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fawaz Zahi $237,749
Closed Fawaz Zahi $232,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $245,000 -2.0% $143 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $249,900 -- $145 / 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 $5,867 $160,600 $0 $0
2024 $5,867 $142,600 $0 $0
2023 $5,552 $127,600 $0 $0
2022 $6,627 $128,900 $0 $0
2021 $7,837 $127,000 $0 $0
2019 $5,514 $124,200 $0 $0
2018 $4,671 $113,400 $0 $0
2017 $1,340 $109,200 $0 $0
2016 $4,370 $112,300 $0 $0
2015 $8,258 $105,600 $0 $0
2013 $8,000 $80,000 $0 $0
2011 -- $82,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Ferris

    Seller's Agent in 2019

    James Ferris

    RE/MAX

    (313) 999-4266

    7 in this area

    180 Total Sales

    James Ferris
    Section Image
  • Zachary Sleiman

    Buyer's Agent in 2019

    Zachary Sleiman

    Century 21 Curran & Oberski

    (313) 352-5094

    2 in this area

    54 Total Sales

    Zachary Sleiman
    Section Image
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Map

Source: Realcomp

MLS Number: 218110973

Realcomp

APN: 32-09-141-01-161

Michigan Wayne County Dearborn 48126 Henry Ford-Fairlane

5357 Royal Vale Ln Unit 17, Dearborn, MI

This home is located at 5357 Royal Vale Ln Unit 17, Dearborn, MI 48126 since 15 November 2018 and is currently estimated at $457,116, approximately $265 per square foot. This property was built in 1992. 5357 Royal Vale Ln Unit 17 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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