18019 Oak Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 5 days

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Beds: 3
Baths: 1
SqFt: 1,400
Lot Size: 6,970
Year Built: 1950
APN: 02-14-32-205-030

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 9 Years 8 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $152,000
County Market Value: $149,200; 2025
Assessed Value: $74,600; 2026

Mortgage & Debt

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

Last Sale

Public Record: $41,800; 01/24/2017
MLS: $48,800; 06/30/2026
Document Type: Warranty Deed

Opportunity

Opening Bid: $11,192
Bid / Value: 7%; of $152,000
Property Tax 2025: $4,517; annual bill · not the amount owed
Equity (est.): $152,000; 100%
Monthly Rent: $1,660; HUD fair market rent (3 bd)
Gross Yield: 13.11%

Opening bid

$11,192

Assessed value

$74,600

Market / AVM

$152,000

Property tax 2025

$4,517

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Mark Wright
Mailing Address: 18019 Oak Ave, Eastpointe, MI 48021
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 3
Total Bathrooms: 1
Partial Bathrooms: 1

Deal analysis

Date	Status	Price	Days on Market	Agent	Office
07/22/2024	Closed	$48,800	708	Timothy Plevin	Real Estate One Inc

School	Type	Grades	Rating	Enrollment
Forest Park Elementary	Public	K-2	0	363
Kelly Middle School	Public	6-8	2	579
East Detroit High School	Public	9-12	3	860

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
01/24/2017	01/26/2017	$41,800	Warranty Deed	7010500	Yes	Cash Purchase	Mark A Wright	Jeffrey Simek
10/21/1997	12/09/1997	$88,000	Deed		Yes	Cash Purchase	J Simek	D & J Spoutz

Your maximum bid

$88,432

Walk away above this. Projected profit at the ceiling: $45,600 (30% of ARV).

Opening bid $11,192

Room to bid $77,240

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

History-guided suggestion

$35,721

Under max by $52,711

≤ 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 $88,432 — 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 $152,000. 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: $152,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$12,160
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 ~$228/month.: −$2,508
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): −$45,600
Maximum bid: $88,432

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.

18019 Oak Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

18019 Oak Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Listing

MLS History

Area

Fair Market Rents

Schools

Tax Assessment Information

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid