15504 Ego Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 6 days

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Beds: 3
Baths: 1
SqFt: 1,470
Lot Size: 7,231
Year Built: 1946
APN: 02-14-31-377-001

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 1 Year 5 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $170,000
County Market Value: $179,800; 2025
Assessed Value: $89,900; 2026

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2016

Last Sale

MLS: $59,800; 06/30/2026
Document Type: Quit Claim Deed

Opportunity

Opening Bid: $7,718
Bid / Value: 5%; of $170,000
Property Tax 2025: $4,837; annual bill · not the amount owed
Equity (est.): $170,000; 100%
Monthly Rent: $1,660; Suggested rent
Gross Yield: 11.72%

Opening bid

$7,718

Assessed value

$89,900

Market / AVM

$170,000

Property tax 2025

$4,837

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Nicola Adams
Mailing Address: 15504 Ego 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
08/30/2023	Closed	$59,800	1,036	Teressa R Laface	Garner Prop & Management LLC

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
04/20/2025	04/25/2025		Quit Claim Deed	202500037119	No	Cash Purchase	Nicola Adams	Takika White
10/01/2021	08/02/2022	$1,100	Quit Claim Deed	202200093714	No	Cash Purchase	Takika White	Nicola Adams
11/30/2012	04/08/2013	$69,250	Warranty Deed	3052698	Yes	Cash Purchase	L And Y 2012 Llc	Sb Capital Usa Llc, Eran Yaniv
09/03/2002	12/18/2002	$139,500	Deed		Yes	Financed	Carol K Christy	Eric H Wolletz
08/21/1995	09/12/1995	$79,900	Deed		Yes	Cash Purchase	E & M Wolletz	G & I Stone

Your maximum bid

$99,295

Walk away above this. Projected profit at the ceiling: $51,000 (30% of ARV).

Opening bid $7,718

Room to bid $91,577

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

History-guided suggestion

$37,200

Under max by $62,095

≤ 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 $99,295 — 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 $170,000. 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: $170,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$13,600
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 ~$255/month.: −$2,805
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): −$51,000
Maximum bid: $99,295

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.

15504 Ego Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

15504 Ego Ave

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