731 E Summit Street
Milford, MI 48381
Single Family Residence · MLS # 20261089493 · Listing courtesy of EXP Realty Main
About this home
Charming Village Living in the Heart of Milford! Enjoy the character and convenience of this inviting ranch style home. Ideally situated just minutes from the vibrant shops, restaurants, and charming downtown atmosphere of the Village of Milford. Offering easy one-level living, this home features an impressive list of recent improvements, including Pella windows throughout, Andersen exterior doors, a reverse osmosis system, tankless water heater, refrigerator, stove, microwave, and Nest thermostat (2023–2024). Additional updates include the furnace, air conditioner and roof. The unfinished basement has uncapped potential whether for storage or future finished living space. Set on a spacious 60 x 145 lot, the property offers a fenced backyard and storage shed, providing room to relax, entertain, and enjoy the outdoors. A wonderful opportunity to embrace the Milford lifestyle, where small-town charm, local dining, boutique shopping, and community amenities are just moments away!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Milford
Over the last 90 days, 84 homes sold in Milford for a median of $512,025, about $225 per square foot, and the typical one went under contract in 21 days. This home is listed at $324,900, or $343 per square foot, 52% above the city median, and has been on the market 7 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Milford sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $4,486 a year. A buyer who lives here would pay about $4,581 to $6,835 a year once the taxable value resets after the sale, at the 2025 homestead rate of 41.66 mills for Village Of Milford and Huron Valley schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Milford
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 7:30 PM.