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187 Summit View Trl, Milford, MI, 48381

3beds
3baths
1,558sqft
$550,000
$353price/sqft
$3,713/moest. monthly cost
$148,520/yrincome needed

About This Home

The Maplewood Cape Cod floor plan is now being offered at Summit View of Milford. This charming home can be built in Milford Village's newest community Summit View of Milford. From the darling cottage exterior to the perfectly functional floor plan, this home is a prize. All the benefits of a ranch plan are in this layout with the bonus room on the second floor for guests or additional bedroom space. The kitchen is nice and open to the great room with lots of cabinets and counter space. Additional large pantry for storage. Island with space for a breakfast bar offers more seating in addition to a separate nook space. Gas fireplace warms up the space, a doorwall leading to the backyard. Primary bedroom with walk in closet and bathroom boasting dual sinks, tile shower and separate water closet. Laundry room also conveniently located on the main floor. On the second floor the additional spacious 2 bedrooms share a full bath with dual sinks and tub/shower combo. This plan along with a 4 bedroom cape cod and a colonial floor plans are also available. Need to move quick? We have immediate occupancy homes available now. Photos are of a similar home. Equal Housing Opportunity.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

8/10
Muir Middle SchoolGrades 5-80.3 mi
8/10
Milford High SchoolGrades 7-121.8 mi
9/10
Kurtz Elementary SchoolGrades K-50.8 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Basement,Poured
  • Roof: Asphalt
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 110
  • Dimensions: 11 X 10

Bedroom

  • Level: Second
  • Area: 120
  • Dimensions: 10 X 12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Fireplace features: Gas,Great Room
  • Fireplace: Yes
  • Finished area above ground: 1,558

Great Room

  • Level: Entry
  • Area: 256
  • Dimensions: 16 X 16

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,558 sqft

Kitchen

  • Level: Entry
  • Area: 64
  • Dimensions: 8 X 8

Other

  • Level: Second

Other

  • Level: Entry

Other

  • Level: Entry
  • Area: 64
  • Dimensions: 8 X 8

Primary Bathroom

  • Level: Second

Primary Bedroom

  • Level: Second
  • Area: 169
  • Dimensions: 13 X 13

Property

Details

  • Parcel number: 1603480007
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Lighting
  • Fencing: Fencingnot Allowed

Lot

  • Lot size dimensions: Irregular

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Attached,Direct Access,Electricityin Garage
  • Has garage: Yes
  • Attached garage spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$172$2,064
Property Taxes $572$6,864
Electricity $188$2,259
Total$3,713$44,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$127,302/yr
40% on housing$111,390/yr
45% on housing$99,013/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$353This listing

vs Other Active Listings

Avg $/sqft

ZIP 48381$249
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48381$239
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2024-05-01Listed for sale$550,000

New Construction

AgentLori Beatty
BrokerageRE/MAX New Trend

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