Pending
5206 ROYAL VALE, Dearborn, MI 48126
$280,000
MLS # 20230020938 (Realcomp)
2 beds2 baths1,700 sqftBuilt 1993
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Listing Description
Welcome to 5206 Royal Vale Ln, located in the highly coveted Fairlane Woods community. This stunning two bedroom, two full bath condooffers 1,200 square feet of beautifully renovated living space that will exceed your expectations. Upon entering the condo, you willimmediately notice the spacious and open concept design, complete with high ceilings that provide a sense of grandeur and airiness. Theliving area is perfect for entertaining, with ample space for guests to relax and enjoy the company of loved ones. The kitchen has beenupdated with modern finishes and high-end appliances, making it a chef's dream. The finished basement is a true gem, offering evenmore space to entertain and relax with friends and family. With ample light and beautifully appointed finishes, this space is perfect formovie nights, game nights, or simply unwinding after a long day. The two full baths have been updated to reflect a modern and chicaesthetic, featuring subway-tiled showers that offer a sleek and clean look. The bedrooms are spacious and comfortable, providing apeaceful retreat at the end of a long day. This condo is an end unit, providing privacy and seclusion from the hustle and bustle of dailylife. Surrounded by nature, you'll enjoy a serene environment that allows you to connect with the outdoors and enjoy the beauty of yoursurroundings. Overall, 5206 Royal Vale Ln is a truly exceptional property that offers the perfect combination of luxury, comfort, andprivacy. Don't miss out on this incredible opportunity to own a piece of paradise in one of the most distinguished communities in the area.Contact us today to schedule a showing and experience the beauty of this property for yourself!
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,700 sq ft home in Dearborn in Dearborn built in 1993.
Asking $280,000 (about $165/sq ft).
Estimated annual property tax: $5,653, or about $471 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.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,700 sqft
Year Built1993
Stories1
Location
CityDearborn
MunicipalityDearborn City
Zip Code48126
CountyWayne
School DistrictDearborn
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed3/20/2023
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$375 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$5,653
Parcel #32820914101198
Source: SparkMLS
Legal Description
UNIT 54 BLDG 12 MODEL B FAIRLANE WOODS COUNTRY TOWNHOMES CONDOMINIUMS WAYNE CO. SUB PLAN NO 317
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ali Fayz
Real Estate One-Dbn Hts
Frequently Asked Questions about 5206 ROYAL VALE, Dearborn, MI 48126
What school district is 5206 ROYAL VALE, Dearborn, MI 48126 in?
Per MLS# 20230020938, this property is served by Dearborn. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20230020938, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20230020938, the most recent reported annual property tax for 5206 ROYAL VALE, Dearborn, MI 48126 is $5,653. 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.
Is 5206 ROYAL VALE, Dearborn, MI 48126 eligible for USDA financing?
Per USDA Rural Development boundary data, 5206 ROYAL VALE, Dearborn, MI 48126 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5206 ROYAL VALE, Dearborn, MI 48126 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$2,191
Principal & interest$1,816
HOA$375
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5206 ROYAL VALE, Dearborn, MI 48126
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Municipality
Dearborn
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County
Wayne County
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