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$499,999

Beds
3
Baths
3.5
sq ft
2,314

5111 Fairlane Woods Dr, Dearborn, MI 48126

5111 Fairlane Woods Dr

Dearborn, MI 48126

  • 45 days on market
    • Price drop $25,001↓
LAND CONTRACT TERMS AVAILABLE! Here's your chance to be in the beautiful Fairlane Woods gated community located in the heart of Dearborn near shopping, dining, and easy access to freeways. This open concept executive home is situated on a prime corner lot with ample frontage. This home features custom wainscoting throughout the first floor, crown molding, and floor to ceiling windows. The kitchen boasts custom cabinets, custom built hood, and a 9 ft island, with a seating area looking out at your private court yard. Upstairs is the primary bedroom with cathedral ceilings and a custom California Closet that includes a custom vanity with mirror. There are 2 additional bedrooms with floor to ceiling windows and an additional bathroom that features custom tile. The basement boasts a fully stocked custom kitchen with granite counter tops and an island with a pantry and large tiled bathroom with plenty of storage. In 2019, basement was complete with Aquastop and Vapor LOC Elite Wall, by Foundation Systems of Michigan. The is a great area to entertain family! This home also features a paved patio great for grilling and enjoying the woods. Furniture is negotiable. Appointments can be made through ShowingTime. All data approx.

Details

Property type

Condominium

Est. home value

$628,407

Lot size

Unknown

Price per sq ft

$217

Year built

1981

Annual property taxes

$8,458

Monthly HOA fee

$459

Price History

08/21/2024
Realcomp

Realcomp #20240056873

Price change
$499,999
-4.76%
08/04/2024
Realcomp

Realcomp #20240056873

Price change
$525,000
-9.33%
08/03/2024
Realcomp

Realcomp #20240056873

Listed
$579,000
+124.42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Dearborn

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Community Alliance Cu

Loan start date

August 2017

Original loan amount

$10,900

Est. remaining balance

Not provided

Interest rate

3.21%

Loan type

Credit Line (Revolving), 20 year

Seller

Trudy E Bazzy and Nezeh Bazzy

Lender

Community Alliance Cu

Loan start date

August 2017

Original loan amount

$10,900

Est. remaining balance

Not provided

Interest rate

3.21%

Loan type

Credit Line (Revolving), 20 year

Seller

Trudy E Bazzy and Nezeh Bazzy

Lender

Independent Bank

Loan start date

August 2017

Original loan amount

$245,100

Est. remaining balance

$210,737

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Trudy E Bazzy

Lender

Independent Bank

Loan start date

August 2017

Original loan amount

$245,100

Est. remaining balance

$210,737

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Trudy E Bazzy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/18/2024 at 12:15 AM

Listing updated: 09/04/2024 at 4:31 PM

Listed by: Nick Bazzy, JNA Real Estate Phone #: (248) 648-0484

MLS: Realcomp #20240056873

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