5 Timberlane Court

About this home

This gorgeous 3 bedroom condo encompasses evertything your looking for! Beautifully updated and well maintained as you pull into the attached 2 car garage. This home features a large kitchen with a separate area for dining and another room on the other side that is currently used as an office or can be made into a separate formal dining room. Huge family room with a fireplace and half bathroom on the first floor. Gorgeous new flooring, paint and carpet. Upstairs you will find a very large primary bedroom with a walk in closet and private bathroom. Along with 2 very big bedrooms and another bathroom. The basement features newly painted ceiling/ductwork and is finished with a full bathroom as well. Enjoy living luxuriously in this private community complete with gate access for added security. A new roof is being installed as well. This home is truly turn key, move in ready!

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Dearborn

Over the last 90 days, 230 homes sold in Dearborn for a median of $272,500, about $156 per square foot, and the typical one went under contract in 9 days. This home is listed at $539,000, or $161 per square foot, 3% above the city median, and has been on the market 27 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Dearborn sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $8,298 a year. A buyer who lives here would pay about $8,298 to $13,847 a year once the taxable value resets after the sale, at the 2025 homestead rate of 50.87 mills for Dearborn City and Dearborn schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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