Sold
3 COLONY Lane, Dearborn, MI 48120
Sold on 10/17/2025 for$300,000
MLS # 20251042257 (Realcomp)
2 beds2 baths1,867 sqftBuilt 19740 acres
1 / 27
Listing Description
Welcome to 3 Colony Ln – A Spacious and Stylish Condo in the Heart of Dearborn!Step into this beautifully maintained 2-bedroom, 2-bathroom condo offering over 1,465 square feet of comfortable living space. Built in 1974, this charming home features a partially finished basement, a cozy fireplace, and an attached garage for added convenience. The open layout is perfect for entertaining, while the generous bedrooms provide a peaceful retreat.Located in a quiet, well-kept community, this home is just minutes from local parks, shopping, and dining. Whether you're a first-time buyer or looking to downsize, this condo offers the perfect blend of space, style, and location.Don’t miss your chance to own a piece of Dearborn charm—schedule your private showing today
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 1,867 sq ft home built in 1974 sits in Fairlane East in Dearborn.
Final sale price: $300,000 (about $161/sq ft).
Estimated annual property tax: $8,290, or about $691 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 2,000 Mbps from 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,867 sqft
Year Built1974
Stories1
Location
CityDearborn
MunicipalityDearborn City
Zip Code48120
CountyWayne
School DistrictDearborn City School District
Construction & Systems
ConstructionBrick
BasementPartial
Garage2 spaces
HeatingForced Air
InteriorBasement Partially Finished
Sale & Financing
Listed10/1/2025
Sold Date10/16/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$425 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$8,290
Parcel #32821019306130
Source: SparkMLS
Legal Description
UNIT 124 FAIRLANE-EAST TOWN- HOUSES CONDOMINIUM SUB PLAN 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nofila Haidar
Nova Realty Group
Frequently Asked Questions about 3 COLONY Lane, Dearborn, MI 48120
Which school district serves 3 COLONY Lane, Dearborn, MI 48120?
Per MLS# 20251042257, 3 COLONY Lane, Dearborn, MI 48120 is in the Dearborn City School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Dearborn City School District directly to confirm enrollment eligibility.
What financing options are available for 3 COLONY Lane, Dearborn, MI 48120?
Per MLS# 20251042257, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 3 COLONY Lane, Dearborn, MI 48120?
Per public tax records, annual property taxes for this property are $8,290. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 3 COLONY Lane, Dearborn, MI 48120 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 3 COLONY Lane, Dearborn, MI 48120 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 3 COLONY Lane, Dearborn, MI 48120. The maximum advertised download speed is 2.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 3 COLONY Lane, Dearborn, MI 48120?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Mortgage Calculator
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Monthly payment$2,436
Principal & interest$2,011
HOA$425
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
3 COLONY Lane, Dearborn, MI 48120
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Neighborhood
Fairlane East
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Community
Dearborn
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County
Wayne County
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