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5208 Royal Vale Ln

Dearborn, MI 48126

2 bd 3 ba 1,610 sqft Built 1993 condos
Most recent sale
$300,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2022 Listed for rent $2,150 Zumper
Oct 9, 2022 Listed for rent $2,150 Zumper
Sep 7, 2022 Listing removed $2,150 Realcomp
Jul 29, 2022 Sold $300,000 Public Record
Jul 20, 2022 Listed for rent $2,150 Realcomp
Jul 15, 2022 Sold $300,000 Realcomp
Jun 16, 2022 Listed $299,900 MLS #20221002854
Jul 6, 1994 Sold $179,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $115,500 $4,139
2020 $110,700 $4,723
2019 $103,700 $4,735
2018 $101,400 $4,615
2017 $98,650 $4,511
2016 $98,700 $3,753
2015 $90,650 $4,397
2014 $75,550 $4,295
2013 $68,700 $4,081
2012 $68,700 $4,179
2011 $68,700 $3,750
2010 $76,350 $3,907
2009 $89,800 $4,325
2008 $99,800 $4,297
2007 $117,400 $4,909

Property facts

Year built
1993
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,610 sqft
Lot size
ZIP code
48126
City
Dearborn
Street
Royal Vale Ln
Coordinates
42.32490, -83.23011

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,415
Gross rental yield
9.66%
Implied cap rate
6.28%
Trend-extrapolated value

Frequently asked questions

When did 5208 Royal Vale Ln last sell?
5208 Royal Vale Ln most recently sold on Jul 29, 2022 for $300,000.
What is the current tax assessment for 5208 Royal Vale Ln?
The most recent total assessment for 5208 Royal Vale Ln (year 2021) is $115,500 with $4,139 in property tax.
How does 5208 Royal Vale Ln's assessment compare to its last sale price?
The current assessment is 61.5% below the last sale price of $300,000.
When was 5208 Royal Vale Ln built?
5208 Royal Vale Ln was built in 1993.
How does 5208 Royal Vale Ln compare to others on Royal Vale Ln?
We track 8 other properties on Royal Vale Ln. Browse the list under "Other properties on Royal Vale Ln" to compare beds, baths, and sale history.
What are the property facts for 5208 Royal Vale Ln?
5208 Royal Vale Ln is a 2 bed, 3 bath, 1,610 sqft condos.
Is 5208 Royal Vale Ln a flip candidate?
No — 5208 Royal Vale Ln does not appear in our flips dataset.
Is 5208 Royal Vale Ln a tax-appeal candidate?
No — 5208 Royal Vale Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.2%
2026 Q3
$264.4K
2026 Q4
$268.2K
ZIP 48126 — Median Price History + Forecast

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