Sold
120 E Lafayette Street, Milford, MI 48381
Sold on 06/08/2026 for$120,000
MLS # 20261025951 (Realcomp)
2 beds1 bath769 sqftBuilt 19580.2 acres
1 / 14
Listing Description
Investors, flippers, builders—and savvy buyers looking to create instant equity—this is an opportunity you don’t see often. Two homes, side by side, in the highly desirable Village of Milford, part of an estate offering.This former rental home is in need of updating and repairs and presents strong potential for renovation or redevelopment. The adjacent property will be listed and available for viewing in the coming weeks, offering a rare chance to acquire the neighboring parcel.Please note: mold is believed to be present in the home. Property is being sold strictly as-is.ENTER AT YOUR OWN RISK. A signed Release and Hold Harmless Agreement (Mold Disclosure and Property Entry) is required for every individual prior to entering the home. All information is deemed reliable but not guaranteed and should be independently verified by Buyer and Buyer’s agent.
Source: SparkMLS
About this home
Located in Milford Township in Milford, this property offers 2-bedroom, 1-bath, 769 sq ft, with original construction dating to 1958.
Final sale price: $120,000 (about $156/sq ft).
Property tax estimate: $2,997 per year ($250/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area769 sqft
Lot Size0.2 acres
Year Built1958
Stories1
Location
CityMilford
MunicipalityMilford Charter Twp
Zip Code48381
CountyOakland
School DistrictHuron Valley
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
HeatingForced Air
WaterPublic
SewerSeptic Tank
Sale & Financing
Listed4/15/2026
Sold Date6/7/2026
Original Price$149,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,938
State Equalized Value$87,520
Taxable Value$37,380
Parcel #1611353009
Source: Public Records
Legal Description
T2N, R7E, SEC 11 NUTE'S ADD LOT 14 BLK 2 3/11/87 FR 007
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Robert Kobylas
Premier Realty Centers LLC
Frequently Asked Questions about 120 E Lafayette Street, Milford, MI 48381
Which school district serves 120 E Lafayette Street, Milford, MI 48381?
Per MLS# 20261025951, 120 E Lafayette Street, Milford, MI 48381 is in the Huron Valley boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Huron Valley directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261025951, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 120 E Lafayette Street, Milford, MI 48381?
Per public tax records, annual property taxes for this property are $1,938. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 120 E Lafayette Street, Milford, MI 48381 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 120 E Lafayette Street, Milford, MI 48381 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 120 E Lafayette Street, Milford, MI 48381?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$2,997
Monthly$250
Millage rate34.2383 mills
Municipality: VILLAGE OF MILFORD
School district: HURON VALLEY SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$1,028
Principal & interest$778
Property taxes$250
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
120 E Lafayette Street, Milford, MI 48381
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Municipality
Milford Township
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County
Oakland County
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