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Backup Offers

5326 Royal Vale Ln, Dearborn, MI, 48126

$249,900

Home List Price

$2,968*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,184 SqFt
$211/SqFt
Condo
Schools Nearby

Location

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5326 Royal Vale Ln, Dearborn$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAttached
Attached Garage2 spaces
Year Built1992
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240014937
StatusAccepting Backup Offers

About 5326 Royal Vale Ln

END UNIT CONDO LOCATED IN THE PRESTIGIOUS GATED COMMUNITY OF FAIRLANE WOODS AWAITING A NEW OWNER TO MAKE THIS HOME. THIS UNIT FEATURES TWO BEDROOMS AND TWO FULL BATHS ON THE MAIN FLOOR WITH AN OPEN EAT IN KITCHEN, DINING ROOM, AND LARGE LIVING ROOM THAT HAS A DOOR LEADING TO THE DECK WITH PLENTY OF PRIVACY. ATTACHED 2 CAR GARAGE AND A FANTASTIC FINISHED BASEMENT OFFERING A BONUS REC / MEDIA / FAMILY ROOM AND A HALF BATH. SOLD AS IS. SELLER WILL NOT MAKE ANY REPAIRS. BUYER TO SIGN RESIDENTIAL COMPLIANCE AGREEMENT WITH CITY OF DEARBORN.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1992
  • Stories: 1
  • Living Area: 1,184 SqFt

Listing Office:

  • Office Name: Homes Main Realty LLC
  • Office Phone: (248) 247-5000
  • Listing Agent: Nash N Khraishi

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Dearborn High School, Public District Grades 9-12
  • Smith Middle School, Public District Grades 6-8
  • Duvall Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South of Ford and East of Evergreen

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $211/SqFt

HOA Fees:

  • Amount: $375
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,720
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dearborn, MI.

Med. Sold Price

$246.9K

Med. Price/SqFt

$181

Avg. Days On Market

16

# of Sold Homes

74

5326 Royal Vale Ln vs Dearborn

51 DAYS ON ROCKET

+35 Days

$249,900

+$2.9K More

$211/SqFt

+$29 More

KEY TAKEAWAY

This property is $2.9K more than the Median Sold Price and $29/SqFt more than other homes in Dearborn, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240014937

Listing Office:

  • Office Name: Homes Main Realty LLC
  • Office Phone: (248) 247-5000
  • Listing Agent: Nash N Khraishi

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 27, 2015Home Sold
$175,500
Mar 17, 2011Home Sold
$103,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,720$99,700
2020$5,629$98,900
2018$5,629$89,900
2017$5,503$87,550

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4699340
7
/10
  • Duvall Elementary School

  • 22561 Beech St

  • 2.06 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4699341
7
/10
  • Smith Middle School

  • 23851 Yale St

  • 3.26 miles

  • Public District Grades 6-8

High School

school-card-donut-4699342
7
/10
  • Dearborn High School

  • 19501 Outer Dr

  • 2.01 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,579. Residents of Dearborn, MI typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5326 Royal Vale Ln

What is the listing price of this property?

The listing price of 5326 Royal Vale Ln property is $249,900.

What type of property is this?

The property 5326 Royal Vale Ln is a condo located in Dearborn, Michigan, 48126.

Is this property for sale now?

Accepting Backup Offers: 5326 Royal Vale Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5326 Royal Vale Ln are:
Duvall Elementary School: GreatSchools Rating 7/10
Smith Middle School: GreatSchools Rating 7/10
Dearborn High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,720 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 27, 2015 for $175,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5326 Royal Vale Ln has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5326 Royal Vale Ln is 1,184 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5326 Royal Vale Ln is 1992.

Rocket HomesMichiganWayne CountyDearborn481265326 Royal Vale Ln

This home is located at 5326 Royal Vale Ln in Dearborn, MI and zip code 48126 in the Fairlane neighborhood. This 1,184 square foot home was built in 1992. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $249,900.

Dearborn, MI housing market in April 2024 saw over 40 listings sold above listed price, more than 10 sold at listed price and over 24 sold below. The number of homes for sale in Dearborn, MI increased by 9.7% between March 2024 and April 2024. In April 2024 median list price was $246,916 and the average listing age was 16 days.

From Rocket Homes Real Estate and based on county public records data.

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