23098 Rein Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 5 days

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Baths: 1
SqFt: 902
Lot Size: 4,371
Year Built: 1964
APN: 02-14-30-436-008

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 13 Years 5 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $142,000
County Market Value: $123,600; 2025
Assessed Value: $61,800; 2026

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2017

Last Sale

Public Record: $24,399; 03/14/2013
Document Type: Deed

Opportunity

Opening Bid: $1,106
Bid / Value: 0.78%; of $142,000
Property Tax 2025: $4,708; annual bill · not the amount owed
Equity (est.): $142,000; 100%

Opening bid

$1,106

Assessed value

$61,800

Market / AVM

$142,000

Property tax 2025

$4,708

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Jennifer Smith
Mailing Address: 23098 Rein Ave, Eastpointe, MI 48021
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Rooms: 5
Total Bathrooms: 1
Partial Bathrooms: 1

Deal analysis

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
03/14/2013	04/08/2013	$24,399	Deed	3052965	Yes	Cash Purchase	Jennifer Elaine Smith	Secretary Of Hud
09/14/2010	02/05/2013		Warranty Deed	3016792	No	Cash Purchase	Secretary Of Hud	Bac Home Loans Servicing Lp
03/12/2010	03/30/2010	$68,553	Sheriffs Deed	0041473	Yes	Cash Purchase	Bac Home Loans Servicing Lp	Paul W Pearcy Jr, Melissa Pearcy
09/30/1997	02/28/2005		Intrafamily Transfer	5035646	No	Cash Purchase	Melissa R Pearcy	Paul H Pearcy Jr
05/05/1995	05/12/1995	$64,270	Deed		Yes	Financed	Paul W Pearcy Jr	Joseph A Turri

Your maximum bid

$82,397

Walk away above this. Projected profit at the ceiling: $42,600 (30% of ARV).

Opening bid $1,106

Room to bid $81,291

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

History-guided suggestion

$27,690

Under max by $54,707

≤ 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 $82,397 — 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 $142,000. 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: $142,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,360
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 ~$213/month.: −$2,343
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): −$42,600
Maximum bid: $82,397

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.

23098 Rein Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

23098 Rein 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

Area

Fair Market Rents

Tax Assessment Information

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid