5 Colony Ln Unit Ford Rd, Dearborn, MI 48120

Off Market Sep 2025 for $265K

$255,602

•

2,529

sq ft

5 Colony Ln Unit Ford Rd, Dearborn, MI 48120

About this home

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.

CondoProperty Type

1974Year Built

$101Est. Price/Sq.Ft.

2 car garageParking

Listed by Sam Baydoun • Century 21 Curran & Oberski

Listed by Al Baydoun • Century 21 Curran & Oberski

Bought with Wasimur Rahman • Wasim International Realty

Redfin checked: a minute ago

•Source:REALCOMP #20251020589

Listing provided courtesy of Realcomp MLS

Redfin Estimate

$255,602

$9,398 since sold in September 2025$10K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.3% lower than the average sale price ($317K) of 6 comparable homes.

SOLD AUG 28, 2026
$370,200
A
3 beds2.5 baths2,461 sq ft
10 Bradford Ct, Dearborn, MI 48126 4169
SOLD AUG 17, 2026
$190,000
B
2 beds1.5 baths1,894 sq ft
3082 Lindenwood Dr, Dearborn, MI 48120 1312
SOLD OCT 29, 2025
$295,000
C
3 beds2.5 baths1,950 sq ft
2 Brookwood Ln, Dearborn, MI 48120 1302
SOLD MAY 15, 2026
$285,000
D
2 beds2.5 baths1,314 sq ft
3051 Lindenwood Dr, Dearborn, MI 48120 1311
SOLD JUL 31, 2026
$559,900
E
3 beds3 baths2,128 sq ft
30 Turnberry Ln, Dearborn, MI 48120 1167
SOLD JAN 12, 2026
$200,000
F
2 beds2.5 baths1,618 sq ft
1 Colony Ln, Dearborn, MI 48120 1303

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Earn from this home

Sell

$30,846

Est. take-home

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Rent

$2,669/mo

Redfin rental estimate

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Market trends in 48120, MI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

95.9%

1.5% MoM

Median sale price

$250K

$45K MoM

Avg. days on market

36d

10 days MoM

Recently sold homes

1 MoM

Provided by Redfin

Sale history for 5 Colony Ln Unit Ford Rd

Date

Event

Price

MiRealSource-MiMLS #60922038

Sep 11, 2025

Sold

$265,000

$105/sq ft

Sep 11, 2025

Sold

$265,000

$105/sq ft

Aug 25, 2025

Pending

—

Aug 11, 2025

Contingent

—

Jul 25, 2025

Listed

$265,000

$105/sq ft

Jul 25, 2025

Listed

$265,000

$105/sq ft

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.

REALCOMP #20251020589

Sep 11, 2025

Sold

$265,000

$105/sq ft

Aug 25, 2025

Pending

—

Aug 11, 2025

Contingent

—

Jul 25, 2025

Listed

$265,000

$105/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Wayne County

APN

321019306131

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 25, 2025.

Multiple Family Residential District

The intent of the R-C Multiple Family Residential Districts is to address the varied housing needs of the community by providing locations for development of multiple-family housing at a higher density than is permitted in the single-family districts. In addressing these housing needs, multiple-family housing in the R-C districts should be designed in consideration of the following objectives: R-C developments are generally considered suitable transitional uses between single-family detached housing and nonresidential development. Multiple-family housing should be provided with necessary services and utilities, including usable outdoor recreation space and a well-designed internal road network. Multiple-family housing should be designed to be compatible with surrounding or nearby single-family housing. Multiple-family developments in the R-C, Districts should have direct access to a collector road or major thoroughfare.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Museum / gallery

Property details

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached

Interior

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Forced Air, Natural Gas

Interior Features
Appliances: Gas Water Heater, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator
Has Fireplace
Fireplace Features: Living Room

Room Information
# of Rooms Total: 8
Has Basement
Basement Details: Finished, Full

Exterior

Exterior Features
Exterior Features: Lighting

Pool Information
Pool Features: Community, Outdoor Pool

Building Information
Entry Location: GroundLevelwSteps
Above Grade Finished Area: 1,709
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area: 820
Levels: Two
Construction Materials: Brick
Foundation Details: Block

Property Features
Waterfront Features: Pond
Security Features: Gated Community
Pets Allowed: Call, Yes

Property Information
Property Type: Residential
Property Sub Type: Condominium
Raw Mls Property Sub Type: Condominium

Lot Information
Road Surface Type: Paved
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: $5,358

Utilities

Utility Information
Water Source: Public
Utilities: Sewer Available
Sewer: Public Sewer

Location

HOA Information
Has Homeowners Association
Association Amenities: Maintenance Grounds
Association Fee: $457
Association Fee Frequency: Monthly
Derived Association Fee (Monthly): $457
Association Fee Includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water

Schools Information
High School District: Dearborn

Location Information
Directions: South of Rotunda and East of Southfield
Subdivision Name: FAIRLANE EAST TWNHS CONDO
Cross Street: Rotunda & Southfield

Community Information
Community Features: Pool, Gated, Clubhouse, Fitness Center, Tennis Court(s)

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Wayne County
APN: 321019306131

Home facts updated by county records on Jul 25, 2025

Other

Listing Information
List AOR: RealcompIILtd

Around this home

Schools

Geer Park Elementary School

Public PreK-5 • Assigned • 1.0mi

5/10

Stout Middle School

Public 6-8 • Assigned • 1.5mi

7/10

Edsel Ford High School

Public 9-12 • Assigned • 2.5mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 97° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Dearborn, MI • 48120

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$243,000 – $294,000

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Home values near 5 Colony Ln Unit Ford Rd

Data from public records.

Address	Redfin Estimate
10 Colony Lane, Dearborn, MI 3 Beds \| 2.5 Baths \| 1986 Sq. Ft.	$377,863
3 Colony Lane, Dearborn, MI 2 Beds \| 2 Baths \| 1467 Sq. Ft.	$272,240

Address	Redfin Estimate
7 Colony Lane, Dearborn, MI 2 Beds \| 2.5 Baths \| 1618 Sq. Ft.	$240,852
1 Colony Lane, Dearborn, MI 2 Beds \| 2.5 Baths \| 1618 Sq. Ft.	$236,387

Address	Redfin Estimate
5 Colony Lane Unit 125, Dearborn, MI 3 Beds \| 2.5 Baths \| 1709 Sq. Ft.	$292,482
2 Colony Lane, Dearborn, MI 3 Beds \| 3 Baths \| 1709 Sq. Ft.	$260,509

Property information provided by REALCOMP when last listed in 2025. This data may not match . Learn more.

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