Sold
124 E Lafayette Street, Milford, MI 48381
Sold on 06/08/2026 for$140,000
MLS # 20261030740 (Realcomp)
4 beds2 baths1,527 sqftBuilt 19350.3 acres
1 / 26
Listing Description
Investors, flippers, builders—and savvy buyers looking to create instant equity—this is an opportunity you don’t see often in the highly desirable Village of Milford, part of an estate offering. This former owner occupied home is in need of updating and repairs and presents strong potential for renovation or redevelopment. Please note: MOLD IS BELIEVED TO BE PRESENT IN THE HOME AND 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
4-bedroom, 2-bath, 1,527 sq ft home in Milford Township in Milford built in 1935.
Final sale price: $140,000 (about $92/sq ft).
Annual property taxes run approximately $6,242 ($520/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
Bedrooms4
Bathrooms2
Living Area1,527 sqft
Lot Size0.3 acres
Year Built1935
Stories1
Location
CityMilford
MunicipalityMilford Charter Twp
Zip Code48381
CountyOakland
School DistrictHuron Valley
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
Garage2 spaces
HeatingBaseboard
WaterPublic
SewerSeptic Tank
Sale & Financing
Listed5/1/2026
Sold Date6/7/2026
Original Price$199,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,479
State Equalized Value$182,300
Taxable Value$83,090
Parcel #1611353016
Source: Public Records
Legal Description
T2N, R7E, SEC 11 NUTE'S ADD W 1/2 OF LOT 12, ALSO ALL OF LOT 13 BLK 2 11-4-97 FR 005 & 010
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 124 E Lafayette Street, Milford, MI 48381
What school district is 124 E Lafayette Street, Milford, MI 48381 in?
Per MLS# 20261030740, this property is served by Huron Valley. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261030740, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261030740, the most recent reported annual property tax for 124 E Lafayette Street, Milford, MI 48381 is $3,479. 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.
Is 124 E Lafayette Street, Milford, MI 48381 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 124 E Lafayette Street, Milford, MI 48381 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$6,242
Monthly$520
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$1,688
Principal & interest$1,167
Property taxes$520
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
124 E Lafayette Street, Milford, MI 48381
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Municipality
Milford Township
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County
Oakland County
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