1 Colony Lane Dearborn, MI $ 229,900
1 Colony Lane
$ 229,900
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1 Colony Lane

Dearborn, MI, 48120
$ 229,900
Bedrooms2 Baths2.1 Sq 1,618

Monthly Estimate*

$ 1,434

1 Colony Lane, Dearborn, MI 48120 - Image 1
1 Colony Lane, Dearborn, MI 48120 - Image 2
1 Colony Lane, Dearborn, MI 48120 - Image 3
1 Colony Lane, Dearborn, MI 48120 - Image 4
1 Colony Lane, Dearborn, MI 48120 - Image 5
1 Colony Lane, Dearborn, MI 48120 - Image 6

Condo for sale in Dearborn, MI

for $229,900 with 2 bedrooms and 2 full baths, 1 half bath. This 1,618 square foot condo was built in 1974.

Fairlane East 2-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 basement. 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. Property is being sold in as is condition and city inspection to be provided by the seller.

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Condo Pending

Price

$ 229,900

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 3,625

Style

Cape Cod

Year Built

1974

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

20251030944

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession ClosePlus31to60Days
Appliances Dishwasher Disposal Dryer FreeStandingGasRange FreeStandingRefrigerator Microwave Washer
HOA Fee 425.0
Garage Spaces 2.0
Association Fee Includes MaintenanceGrounds Sewer SnowRemoval Trash Water
Architectural Style CapeCod
Pool Features Community
Construction Materials Brick
Pets Allowed Call NumberLimit SizeLimit
Year Built 1974
Levels Two
Property Subtype Condominium
Waterfront Features Pond
Community Features Clubhouse TennisCourts
Assoc Fee Paid Per Monthly
County Wayne
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name FAIRLANE EAST TWNHS CONDO
Garage Y/N Y
Total Rooms 5
Full Baths 2
Status Pending
Directions South of Rotunda and East of Southfield
City DearbornCity_Wayne
Disclosures TaxesHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Dearborn
MLS Area Area05093Dearborn
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3625.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Owner
Tax Assessed Value 72184
Expected Active Date 2025-09-08
Legal Description UNIT 123 FAIRLANE-EAST TOWN- HOUSES CONDOMINIUM SUB PLAN 100
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Interior
Basement Unfinished
Fireplace Features LivingRoom
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1618.0
Half Baths 1
Total Bedrooms 2
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Exterior Amenities GateHouse GroundsMaintenance Lighting
Parking Features TwoCarGarage Attached GarageDoorOpener
Lot Features Sprinklers
Water Source Public
Foundation Details Basement Poured
Spa N
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1
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* Excluded Features
List By
Sam Baydoun

Listing Agent

Century 21 Curran & Oberski

Broker

(313) 274-2316

Phone

Affordability Calculator

$1,736
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,434
Monthly Property Taxes
$302
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848133 Elementary School
848587 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$229,900 -8.00% Price Down
9/5/2025$249,900 Listed Price

Map


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1 Colony Lane, Dearborn, MI, 48120 is a Condo for sale at $229,900 with 1,618 sqft. 1 Colony Lane has 2 bedrooms, 2.1 baths, and was built in 1974. The property's zip code is 48120 which is in Dearborn, MI