Sold

5 Colony Lane, Dearborn, MI 48120

Sold on 10/24/2014 for$167,500

MLS # 31207115 (MiRealSource)

3 beds2 baths1,800 sqftBuilt 19740.01 acres

Listing Description

SUPER SHARP 3 BEDROOM CONDO IN POPULAR FAIRLANE EAST GATED COMMUNITY W/PARK LIKE SETTINGS INCLUDING PONDS & MATURED TREES, LARGE FINISHED BASEMENT,1ST FLOOR LAUNDRY,2 1/2 UPDATED BATHS, LARGE MASTER BEDROOM W/WALK IN CLOSET & MASTER BATH,UPDATED KITCHEN WITH BREAKFAST NOOK,HARDWOOD FLOORS,2 1/2 CAR ATTACHED GARAGE W/HANDY MAN TOOL AREA,NEWER ROOF,BRICK PAVER PATIO, LARGE COVERED FRONT PORCH,LIVING ROOM WITH NATURAL FIREPLACE,FORMAL DINING ROOM, 2ND FLOOR OFFICE AREA,1 YEAR HOME WARRANTY PAID BY SELLER,NICEL

Source: SparkMLS

About this home

Located in Fairlane East in Dearborn, this property offers 3-bedroom, 2-bath, 1,800 sq ft, with original construction dating to 1974.

Final sale price: $167,500 (about $93/sq ft).

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

Bedrooms3

Bathrooms2

Living Area1,800 sqft

Lot Size0.01 acres

Year Built1974

Location

CityDearborn

MunicipalityDearborn City

Zip Code48120

CountyWayne

School DistrictDearborn

Construction & Systems

ConstructionBrick

HeatingForced Air

Sale & Financing

Listed8/10/2014

Sold Date10/23/2014

Terms AcceptedCash, Conventional, FHA, VA Loan

Source: SparkMLS

Property Records

FEMA Flood Zone: Zone X — Minimal flood risk

Source: FEMA NFHL

USDA Rural Development: Not Eligible

Verify eligibility at USDA

Listed by DAVE ABDALLAH

CENTURY 21 CURRAN AND CHRISTIE

Frequently Asked Questions about 5 Colony Lane, Dearborn, MI 48120

Which school district serves 5 Colony Lane, Dearborn, MI 48120?

Per MLS# 31207115, 5 Colony Lane, Dearborn, MI 48120 is in the Dearborn boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Dearborn directly to confirm enrollment eligibility.

What type of financing is accepted for this listing?

Per MLS# 31207115, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.

Can I use a USDA Rural Development loan for this property?

Per USDA Rural Development boundary data, 5 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.

USDA Eligibility Map

Is 5 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.

FEMA Flood Map

What internet service is available at this address?

Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5 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.

FCC Broadband Map

What utilities serve 5 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.

DTE Electric Company DTE Gas Company MI Public Service Commission

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.

CLEMIS

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Mortgage Calculator

Purchase Price

Interest Rate

Loan Term

Annual Property Taxes

Annual Homeowner's Insurance

Monthly HOA

Monthly payment$1,135

Principal & interest$1,135

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

XfinityCable

2 Gbps

WOW Internet, Cable & PhoneCable

1.2 Gbps

VerizonLicensed Fixed Wireless

300 Mbps

StarlinkGSO Satellite

280 Mbps

HughesNetSatellite

100 Mbps

T-MobileLicensed Fixed Wireless

100 Mbps

Viasat IncSatellite

100 Mbps

AT&TDSL

50 Mbps

AT&TLicensed Fixed Wireless

25 Mbps

FCC Broadband Data Collection (Dec 2025). Max advertised speeds.

Utilities

DTE Electric Company

Investor-Owned

800-477-4747 Web

DTE Gas Company

Investor-Owned

800-477-4747 Web

MI Public Service Commission service territory boundaries.

Property

5 Colony Lane, Dearborn, MI 48120

View full property history →

Neighborhood

Fairlane East

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Community

Dearborn

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County

Wayne County

View county overview →

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Listing Description

Source: SparkMLS

About this home

Located in Fairlane East in Dearborn, this property offers 3-bedroom, 2-bath, 1,800 sq ft, with original construction dating to 1974.

Final sale price: $167,500 (about $93/sq ft).

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

Bedrooms3

Bathrooms2

Living Area1,800 sqft

Lot Size0.01 acres

Year Built1974

Location

CityDearborn

MunicipalityDearborn City

Zip Code48120

CountyWayne

School DistrictDearborn

Construction & Systems

ConstructionBrick

HeatingForced Air

Sale & Financing

Listed8/10/2014

Sold Date10/23/2014

Terms AcceptedCash, Conventional, FHA, VA Loan

Source: SparkMLS

Frequently Asked Questions about 5 Colony Lane, Dearborn, MI 48120

Which school district serves 5 Colony Lane, Dearborn, MI 48120?

What type of financing is accepted for this listing?

Can I use a USDA Rural Development loan for this property?

USDA Eligibility Map

Is 5 Colony Lane, Dearborn, MI 48120 in a flood zone?

FEMA Flood Map

What internet service is available at this address?

FCC Broadband Map

What utilities serve 5 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.

DTE Electric Company DTE Gas Company MI Public Service Commission

What is the crime rate in this area?

CLEMIS