69278 N Main St

Richmond, Michigan, 48062

Tax DeedpendingSells Oct 14, 2026 · in 6 days

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SqFt: 5,740
Lot Size: 5,496
Year Built: 1900
APN: 07-03-35-481-002

Property Type: Other
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 3 Years 1 Month
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $186,100
County Market Value: $372,200; 2025
Assessed Value: $186,100; 2026

Mortgage & Debt

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

Last Sale

Document Type: Quit Claim Deed

Opportunity

Opening Bid: $5,390
Bid / Value: 3%; of $186,100
Property Tax 2025: $7,308; annual bill · not the amount owed
Equity (est.): $186,100; 100%

Opening bid

$5,390

Assessed value

$186,100

Market / AVM

$186,100

Property tax 2025

$7,308

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Melissa Maichrzak
Mailing Address: 69278 N Main St, Richmond, MI 48062
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Heating Type: Forced Air Unit
Basement: No Basement
Number of Stories: 2

Deal analysis

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
08/02/2023	08/24/2023		Quit Claim Deed	202300072581	No	Cash Purchase	Melissa Maichrzak	Bonnie Bell Rublico
02/11/2022	02/15/2022	$200,000	Warranty Deed	202200022228	Yes	Cash Purchase	Bonnie Bell Rublico	Matthew A Ashbrook, Linda K Ashbrook
05/24/2017	06/12/2017	$150,000	Warranty Deed	7073439	Yes	Cash Purchase	Matthew A Ashbrook, Linda K Ashbrook	Ronald J Rose
08/17/2001	07/24/2002	$165,000	Deed		Yes	Cash Purchase	Ronald J Rose	Elaine Shepherd

Your maximum bid

$109,011

Walk away above this. Projected profit at the ceiling: $55,830 (30% of ARV).

Opening bid $5,390

Room to bid $103,621

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

History-guided suggestion

$38,990

Under max by $70,021

≤ 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 $109,011 — 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 $186,100. 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: $186,100
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$14,888
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 ~$279/month.: −$3,071
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): −$55,830
Maximum bid: $109,011

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.

69278 N Main St

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

69278 N Main St

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

Area

Fair Market Rents

Tax Assessment Information

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid