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$400,000

Beds
4
Baths
2.0
sq ft
2,273

345 S Houghton St, Milford, MI 48381

345 S Houghton St

MilfordVillage_Oakland, MI 48381

    • Price drop $75,000↓
PRICE IMPROVEMENT Discover the charm of riverfront living in this newly listed property in the picturesque Village of Milford! Nestled along the serene Huron River, this versatile home offers endless possibilities. Featuring a spacious layout with two bedrooms up and two in the lower level with two full bathrooms, the property can easily accommodate your needs, whether you're looking for a cozy residence or an investment opportunity. Home to be sold on .71 acre parcel ID #1611376012 Additional 1.35 acre adjacent parcel to be offered on land contract terms of prime plus one

Details

Property type

Single Family Residence

Est. home value

$542,076

Lot size

0.71 acres

Price per sq ft

$176

Year built

1957

Annual property taxes

$5,179

HOA

No

Price History

03/27/2025
Realcomp

Realcomp #20250015804

Price change
$400,000
-15.79%
03/27/2025
Realcomp

Realcomp #20250015804

Removed
$475,000
03/23/2025
Realcomp

Realcomp #20250015804

Listed
$475,000
-20.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

HuronValley

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$289,388
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$78,612
Cash to seller
$289,388

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2012

Original loan amount

$176,260

Est. remaining balance

$78,612

Interest rate

3.92%

Loan type

New Conventional, 20 year

Seller

Ernest Krajewski Jr and Mary H Krajewski

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 5:20 AM

Listing updated: 03/27/2025 at 10:00 AM

Listed by: Cindy L Sharp, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20250015804

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