Photo 1 of 5741 Fairwood DR
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Active · MLS #20261088336
$384,995 3 bd2 ba2,276 sqft

5741 Fairwood DR , Dearborn Heights, MI 48127

Est. $2,973/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1959
Lot0.13 acres
Garage2 spaces
Price/sqft$169
On market0 days

About this home

Welcome to 5741 Fairwood! This charming home features beautiful vaulted ceilings in the living and dining rooms, adding an open, airy feel, while exposed wood beams bring warmth and character throughout. The spacious family room addition offers the perfect space for relaxing or entertaining. Featuring 3 bedrooms, 2 full bathrooms, and a beautifully finished basement complete with a second kitchen and full bath, this home offers plenty of flexible living space. Full of charm and functionality, you won't want to miss!

Monthly payment

$2,973per month
Principal & interest$2,190
Property tax, current$424
Homeowners insurance$200
Mortgage insurance (PMI)$159

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$384,995
Beds3
Baths2 full
Square feet2,276
TypeSingle family residence
SubdivisionLEWIS MANOR 2
CountyWayne
MLS #20261088336
Listed2026-11-02
Days on market0
Year built1959
Possession31–60 days after closing
Stories1 story
BasementFinished
HeatingForced air, Natural gas
FoundationBasement, Poured
Garage spaces2.0
Water / SewerCity water & sewer
Parcel number33013020408000
Listing officeGot Key'D Realty

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$100,299about $192,498
Yearly property tax$5,094about $10,148

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $5,054 a year more than this seller pays. The assessor's state equalized value (SEV) is $150,900. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Dearborn Heights's 2025 homestead rate of 52.72 mills and assumes you claim the homestead exemption. See Dearborn Heights's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.

$384,995Est. $2,973/mo
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