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

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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.

Condo Pending

Price

^$ 229,900

Bedrooms

Full Bath

Half Bath

Property Type

Condo

Taxes

^$ 3,625

Style

Cape Cod

Year Built

1974

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

60934141

Features

General

Heating Forced Air

Kitchen Level Entry

Cooling Central A/C

Possession Close Plus 31-60 Days

Fireplaces LivRoom Fireplace

Garage Attached Garage Gar Door Opener

Water Public Water

Appliances Dishwasher Disposal Dryer Microwave Range/Oven Refrigerator Washer

Status Pending Pending

Full Baths 2

Half Baths 1

Bathrooms 3

Year Built 1974

Subdivision Fairlane East Twnhs Condo MI

Water Heater Gas

Style Cape Cod

County Wayne

Class RESIDENTIAL

Type Condominium

Ownership Private

Municipality Dearborn

Sale/Rent For Sale

Status Detail 0

HOA Fee Includes Club House Included Maintenance Grounds Snow Removal Trash Removal Water Sewer

Structure Style 2 Story

Area Dearborn (82093)

Primary City Dearborn

Directions South of Rotunda and East of Southfield

City Dearborn

School District Dearborn City School District

Financial Terms Cash Conventional FHA VA

Legal Description UNIT 123 FAIRLANE-EAST TOWN- HOUSES CONDOMINIUM SUB PLAN 100

DOM 89

Postal Code 48120

Price Per Sq Ft Total AG 142.09

Public Remarks 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

Interior

Dining Room Level Entry

Basement Unfinished

Bedroom 1 Level Second

Bedroom 2 Level Second

Beds 2

Fireplace? Yes

Total Rooms 8

Exterior

Exterior Brick

Exterior Amenities Lawn Sprinkler Tennis Court(s)

Pool (Y/N) Yes

Water Features Pond

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Sam Baydoun

Listing Agent

Century 21 Curran & Oberski

Broker

Baydounsam@gmail.com

Affordability Calculator

$1,736

Per Month

Monthly Principal & Interest: $1,434
Monthly Property Taxes: $302
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Condo listings in Dearborn, MI

Average List Price ^$189,652

Percent of Sale Price 18%

About Dearborn, MI

99,037 Population

1% Since 2002

^$49,400 Median Income

34.6 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759766 Elementary School

760229 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/21/2025	$229,900	-8.00%	Price Down
9/5/2025	$249,900		Listed Price

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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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1 Colony Lane

Condo for sale in Dearborn, MI

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