Sold
5302 ROYAL VALE Lane, Dearborn, MI 48126
Sold on 03/07/2025 for$300,000
MLS # 20250011988 (Realcomp)
2 beds3 baths1,610 sqftBuilt 19920.03 acres
1 / 47
Listing Description
This beautiful 2-bedroom, 3-bathroom condo is located in the secure, gated community of Fairlane Woods. The spacious master suite features a walk-in closet and private bath, while the open-concept kitchen and living area, complete with a gas fireplace, create a welcoming space for daily living and entertaining. Enjoy the outdoors on your private wood deck or take advantage of the finished basement for extra living space. An attached 2-car garage adds convenience and ample storage. With three bathrooms, this home is designed for comfort and functionality. Don't miss out--schedule a tour today!
Source: SparkMLS
About this home
This 2-bedroom, 3-bath, 1,610 sq ft home built in 1992 sits in Dearborn in Dearborn.
Closed at $300,000 (about $186/sq ft).
Estimated annual property tax: $6,201, or about $517 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 1,200 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms3
Living Area1,610 sqft
Lot Size0.03 acres
Year Built1992
Stories2
Location
CityDearborn
MunicipalityDearborn City
Zip Code48126
CountyWayne
School DistrictDearborn
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed2/23/2025
Sold Date3/6/2025
Terms AcceptedCash, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$6,201
Parcel #32820914101186
Source: SparkMLS
Legal Description
UNIT 42 BLDG 9 MODEL C FAIRLANE WOODS COUNTRY TOWNHOMES CONDOMINIUM 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 Ahmad Fawaz
Empire Realty Group
Frequently Asked Questions about 5302 ROYAL VALE Lane, Dearborn, MI 48126
Which school district serves 5302 ROYAL VALE Lane, Dearborn, MI 48126?
Per MLS# 20250011988, 5302 ROYAL VALE Lane, Dearborn, MI 48126 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 financing options are available for 5302 ROYAL VALE Lane, Dearborn, MI 48126?
Per MLS# 20250011988, this listing accepts Cash, Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5302 ROYAL VALE Lane, Dearborn, MI 48126?
Per public tax records, annual property taxes for this property are $6,201. 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, 5302 ROYAL VALE Lane, 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.
Is 5302 ROYAL VALE Lane, Dearborn, MI 48126 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 5302 ROYAL VALE Lane, Dearborn, MI 48126. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5302 ROYAL VALE Lane, Dearborn, MI 48126?
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.
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.
Map
Mortgage Calculator
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Monthly payment$2,076
Principal & interest$2,076
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 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
5302 ROYAL VALE Lane, Dearborn, MI 48126
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Municipality
Dearborn
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County
Wayne County
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