About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

5 Colony Ln #FORD RD, Dearborn, MI 48120

$279,000

Last sold 09/11/2025 for $265K

3
bed
3
bath
2,529
Sqft ($105/Sqft)

Condominium not for sale

About 5 Colony Ln #FORD RD

Property type Condominium

Neighborhood

Year built 1974

HOA fee $457/month

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

Beautifully maintained 3-bedroom, 2.5-bathroom condo located in a desirable gated community featuring an in-ground pool, tranquil pond, scenic walking paths, and a welcoming clubhouse. Inside, you'll find hardwood floors throughout, a cozy natural fireplace in the living room, and a finished basement with newer flooring and modern WiFi-enabled color-changing lighting. Major updates include a new electrical system, furnace and A/C (2020), and a 1-year-old hot water tank. Enjoy the convenience of a 2-car attached garage with an opener. HOA dues include snow removal, grounds maintenance, sewer, trash, and water — offering low-maintenance living in a beautifully landscaped setting.

Listed by

Listing Agent - Sam Baydoun

Listing Agent Contact: 3132747200

Listing Office - Century 21 Curran & Oberski

Source: Realcomp

MLS#20251020589 • last updated 1 year ago

Movoto checked Realcomp for data 7 minutes ago

Overview
Cooling/AC	CeilingFans, CentralAir
Heating	ForcedAir, NaturalGas
Levels/Style	Two, Colonial
Status	Closed
SubType	Condominium
Living Area	2529
MLS #	20251020589
Property Tax	5358
HOA Fee	457

Interior
Total # of Bathrooms	3
# of Full Baths	2
# of Half Baths	1
Total # of Bedrooms	3
Appliances	Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator
Fireplace	Living Room

Exterior
Construction	Brick
Foundation	Basement, Block
Parking	2 Car Garage, Attached
Exterior Features	GateHouse, GroundsMaintenance, Lighting
Lot Features	Sprinkler(s)

Amenities / Utilities
Security Features	Gated Community
HOA Fee Includes	MaintenanceGrounds, Sewer, SnowRemoval, Trash, Water
Pool	Community, OutdoorPool

Location
Subdivision	FAIRLANE EAST TWNHS CONDO
Community Features	Clubhouse, FitnessCenter, TennisCourts
High School District	Dearborn
APN	321019306131
Directions	South Of Rotunda And East Of Southfield

Lot/ Land Details
Road Frontage	Paved

$279K

Range: $245K-$312K

Last 30 days

Rental est.: $2,567/month

• Gross rent multiplier: 8.6 - Good

Lower your payment with the loan terms that fit you.

Nov 2025
Public Records
Nov 17, 2025 Sold
$265,000
Sep 2025
MLS # 20251020589
Sep 11, 2025 Sold
$265,000
Aug 25, 2025 Pending
—
Aug 11, 2025 Active
—
Jul 25, 2025 Listed
$265,000 (+15.7%)
Jul 2025
MLS # 60922038
Jul 25, 2025 Listed
$265,000
Jun 2017
Public Records
Jun 2, 2017 Sold
$229,000
May 2017
MLS # 217025236
May 27, 2017 Sold
—
Apr 13, 2017 Pending
—
Apr 3, 2017 Listed
$229,000
Apr 2017
MLS # 21278352
Apr 3, 2017 Listed
$229,000 (+36.7%)
Apr 2016
MLS # 52031207115
Apr 20, 2016 Sold
—
Aug 11, 2014 Listed
$175,000
Dec 2014
Public Records
Dec 5, 2014 Sold
$167,500 (-4.3%)
Oct 2014
MLS # 214081591
Oct 29, 2014 Sold
—
Aug 7, 2014 Listed
$175,000

Year Property taxes Tax assessment
2023
$5,077 -7.6%

$133,400 +9.88%
2019
$5,496 +36.4%

$121,400 +35.19%
2017
$4,029

$89,800

5 Colony Ln #FORD RD
$265K
Springwells
$299K +30% y/y
48120
$299K +30% y/y
Dearborn
$299K +6% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3 Colony Ln, Dearborn, MI 48120	$287,000	2/2	1,467	0.01
7 Colony Ln, Dearborn, MI 48120	$218,000	2/2	1,618	0.01
1 Colony Ln, Dearborn, MI 48120	$217,000	2/2	1,618	0.01
9 Colony Ln, Dearborn, MI 48120	$290,000	2/2	1,467	0.02
11 Colony Ln, Dearborn, MI 48120	$276,000	3/2	1,709	0.02
8 Kimberly Ln, Dearborn, MI 48120	$252,000	3/2	1,309	0.03
6 Kimberly Ln, Dearborn, MI 48120	$267,000	3/2	1,574	0.03
4 Kimberly Ln, Dearborn, MI 48120	$243,000	2/1	1,314	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.