121 Michigan St

Mount Clemens, Michigan, 48043

Tax DeedpendingSells Oct 14, 2026 · in 4 days

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Baths: 1
SqFt: 852
Lot Size: 5,407
Year Built: 1953
APN: 05-11-13-107-010

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 22 Years 10 Months
Purchase Method: Financed
County: Macomb

Value

Estimated Value: $114,000
County Market Value: $116,000; 2025
Assessed Value: $58,000; 2026

Mortgage & Debt

Open Mortgages: 2
Estimated Balance: $76,800
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2015

Last Sale

Document Type: Intrafamily Transfer

Opportunity

Opening Bid: $4,378
Bid / Value: 4%; of $114,000
Property Tax 2025: $1,283; annual bill · not the amount owed
Equity (est.): $73,410; 64%

Opening bid

$4,378

Assessed value

$58,000

Market / AVM

$114,000

Property tax 2025

$1,283

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Sherylene Mack
Mailing Address: 121 Michigan St, Mount Clemens, MI 48043
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Bathrooms: 1
Heating Type: Forced Air Unit
Garage Type: Detached Garage

Deal analysis

Recorded	Position	Amount	Type	Lender	Rate	Term	Maturity	Doc #
09/10/2003	First	$76,800	Stand Alone Refi (Refinance Of Original Loan)	Argent Mortgage Co Llc	9.1%	350	10/01/2033	3351061
04/22/2006	Second	$4,300	Unknown	Hansons Window & Siding				6072030

Recorded	Position	Amount	Type	Lender	Rate	Term	Maturity	Doc #	Open
04/22/2006	Second	$4,300	Unknown	Hansons Window & Siding				6072030	Yes
09/10/2003	First	$76,800	Stand Alone Refi (Refinance Of Original Loan)	Argent Mortgage Co Llc	9.1%	350	10/01/2033	3351061	Yes

Sale Date	Recorded	Document	Doc #	Arm's Length	Method	Buyer	Seller
09/10/2003	11/19/2003	Intrafamily Transfer	3351061	No	Financed	Willie Lee Cotton, Sherylene Cotton	Sherylene Cotton

Your maximum bid

$65,499

Walk away above this. Projected profit at the ceiling: $34,200 (30% of ARV).

Opening bid $4,378

Room to bid $61,121

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

History-guided suggestion

$24,110

Under max by $41,389

≤ 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 $65,499 — 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 $114,000. 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: $114,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$9,120
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 ~$171/month.: −$1,881
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): −$34,200
Maximum bid: $65,499

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.

121 Michigan St

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

121 Michigan 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

Open Mortgages

Mortgage History

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid