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$619,900

Beds
4
Baths
2.0
sq ft
1,073

345 S Houghton St, Milford, MI 48381

345 S Houghton St

Milford Vlg, MI 48381

  • 45 days on market
Come see this newly updated, rare opportunity to own/potential development home on the Huron River in the lovely Village of Milford. Enjoy the peach and quiet of nature off the back deck on the Huron River. 4 bedroom, 2 bathroom spacious home that can be potentially split with 2 separate units, making it a 2/1 rental. 1 car garage with workshop and additional 2+ garage on the other side of the home. this is being sold with 2 lots - 2+ acres on the Huron River. House could be work/live and or potential development. Immediate occupancy! Owner is licensed Broker.

Details

Property type

Single Family Residence

Est. home value

$542,076

Lot size

2.00 acres

Price per sq ft

$578

Year built

1957

Annual property taxes

$4,992

Price History

07/29/2024
Realcomp

Realcomp #20240055204

Listed
$619,900
+7.81%
04/11/2024
Realcomp

Realcomp #20230097891

Removed
$575,000
01/11/2024
Realcomp

Realcomp #20230097891

Pending
$575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Huron Valley

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

$486,141
Asking price
$619,900
Closing costs (~8% of asking)
-$49,592
Est. remaining loan balance
-$84,167
Cash to seller
$486,141

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

$84,167

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?

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929 Winding Way, Milford, MI 48381

Status: Active

Tomo last checked: 09/13/2024 at 6:25 AM

Listing updated: 07/31/2024 at 6:03 AM

Listed by: Eric Krajewski, Superior Real Estate & Investment LLC Phone #: (248) 459-1807

MLS: Realcomp #20240055204

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