Back 5693 Colonial Lane
Off Market

5693 Colonial Lane

Dearborn Heights MI 48127

2
1
2
1399 sq. ft.
0.25 ac.
Single-Family
Last sold for $230,000
Michael PhillipsMichael Phillips, last sold this property on 04 August 2026 after 28 days on market.

Overview

Welcome to this charming and spacious 2-bedroom, 1-bath home in the heart of North Dearborn Heights! Offering approximately 1,399 square feet of living space, this well-maintained residence provides more room than many comparable homes in the area, making it an exceptional value. Built in 1953, the home features a functional layout, generous room sizes, and solid craftsmanship, providing the perfect opportunity for homeowners, first-time buyers, or investors alike. The spacious interior offers comfortable living areas with plenty of potential to make it your own. For added peace of mind, the home is equipped with a Generac whole-house generator, as well as a newer furnace and central A/C, offering comfort and reliability year-round. Conveniently located in a well-established neighborhood, this home is just minutes from shopping, dining, parks, schools, and everyday essentials. Enjoy easy access to Cherry Hills Marketplace, Fairlane Town Center, major retailers, local restaurants, and grocery stores. Outdoor enthusiasts will appreciate nearby Warren Valley Golf Club and Rouge Park, offering abundant recreational opportunities. Situated within the Crestwood School District and close to Henry Ford College, the University of Michigan-Dearborn, major roadways, and downtown Detroit, this location combines suburban comfort with exceptional convenience. Don't miss this opportunity to own a spacious home in one of Dearborn Heights' most desirable and accessible neighborhoods. Schedule your showing today!

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1399 sq. ft. floor area
0.25 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Dearborn Heights over the last 12 months, the estimated median property value of 5693 Colonial Lane is $182k.

Median value
$182k
Estimated value range
$80k - $485k
Median days on market
11
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Dearborn Heights. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5693 Colonial Lane

2026
Sold
$230,000
04 Aug 2026 by Michael Phillips, of Keller Williams Legacy

Happy sellers in Dearborn Heights

87%
87% of sellers in Dearborn Heights reported that their sale price either exceeded or met their price expectations.

Dearborn Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Dearborn Heights over the last 12 months.

Local market activity for 2 bedroom single-family properties in Dearborn Heights

In the last 12 months, 32 two-bedroom single-family properties similar to 5693 Colonial Lane, have been sold.

This represents a 3% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

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