28 Rose Petal Ct

Mount Clemens, Michigan, 48043

Tax DeedpendingSells Oct 14, 2026 · in 6 days

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Beds: 2
Baths: 2
SqFt: 1,056
Lot Size: 278,470
Year Built: 1990
APN: 05-11-10-235-021

Property Type: Condo
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 5 Years 7 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $120,000
County Market Value: $111,800; 2025
Assessed Value: $55,900; 2026

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $45,000; 02/10/2021
MLS: $60,000; 06/30/2026
Document Type: Warranty Deed

Opportunity

Opening Bid: $2,737
Bid / Value: 2%; of $120,000
Property Tax 2025: $2,004; annual bill · not the amount owed
Equity (est.): $120,000; 100%
Monthly Rent: $1,213; HUD fair market rent (2 bd)
Gross Yield: 12.13%

Opening bid

$2,737

Assessed value

$55,900

Market / AVM

$120,000

Property tax 2025

$2,004

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Nikki Johnson
Mailing Address: 28 Rose Petal Ct, Mount Clemens, MI 48043
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 2
Total Bathrooms: 2
Air Conditioning Type: Yes

Deal analysis

Date	Status	Price	Days on Market	Agent	Office
06/30/2026	Closed	$60,000	1	Ursula Merrifield	PG Real Estate Group Inc

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
02/10/2021	02/19/2021	$45,000	Warranty Deed	2125494	No	Cash Purchase	Nikki Chaza Johnson	Charles Johnson
08/16/2019	09/17/2019	$55,000	Warranty Deed	9104146	Yes	Cash Purchase	Charles Johnson	Ronald A Mackool, Lisa A Mackool

Your maximum bid

$69,120

Walk away above this. Projected profit at the ceiling: $36,000 (30% of ARV).

Opening bid $2,737

Room to bid $66,383

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$24,313

Under max by $44,807

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

17156

Median sold

$3,900

p(redeem) prior

History n=17156: median sold $3,900 is well below oracle $69,120 — target ~82% of ceiling.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $120,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $120,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$9,600
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical MI range ($2,000–$4,000, ~9 months).: −$3,000
Deed recording and transferassumed Typical MI recording and deed issuance cost.: −$300
Holding costs (11 months)assumed Taxes, insurance, and securing the property at ~$180/month.: −$1,980
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$36,000
Maximum bid: $69,120

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. Michigan's foreclosure judgment cuts off prior liens and the owner's interest, so title is comparatively clean — quiet title is often unnecessary.

28 Rose Petal Ct

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

28 Rose Petal Ct

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Listing

MLS History

Area

Fair Market Rents

Tax Assessment Information

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid