32568 Groesbeck Hwy

Fraser, Michigan, 48026

Tax DeedpendingSells Oct 14, 2026 · in 5 days

View on map ↗

Beds: 2
Baths: 1
SqFt: 720
Lot Size: 17,424
APN: 03-14-05-203-008

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Other
Owner Status: Absentee (Out of State)
Length of Ownership: 16 Years 8 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $264,000
County Market Value: $227,800; 2025
Assessed Value: $113,900; 2026

Mortgage & Debt

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

Last Sale

Document Type: Intrafamily Transfer

Opportunity

Opening Bid: $8,178
Bid / Value: 3%; of $264,000
Property Tax 2025: $6,236; annual bill · not the amount owed
Equity (est.): $264,000; 100%
Monthly Rent: $1,213; Suggested rent
Gross Yield: 5.51%
Linked Properties: 2

Opening bid

$8,178

Assessed value

$113,900

Market / AVM

$264,000

Property tax 2025

$6,236

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Donald Roche
Owner 2 Name: Barbara Jean Roche
Mailing Address: 2189 Donegal Ave, Clermont, FL 34711
Owner Type: Other
Corporate Owned: No

Property Characteristics

Bedrooms: 2
Total Bathrooms: 1

Deal analysis

Sale Date	Recorded	Document	Doc #	Arm's Length	Method	Buyer	Seller
12/10/2009	01/06/2010	Intrafamily Transfer	0001577	No	Cash Purchase	Donald Roche, Barbara Jean Roche	Barbara J Roche
01/12/2006	03/09/2006	Land Contract	6039088	No	Cash Purchase	Dail Christy Russell	Barbara J Roche, Donald Roche
08/12/2004	10/25/2004	Quit Claim Deed	4232231	No	Cash Purchase	Barbara J Roche	Wash On Wheels Inc

Your maximum bid

$156,024

Walk away above this. Projected profit at the ceiling: $79,200 (30% of ARV).

Opening bid $8,178

Room to bid $147,846

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

History-guided suggestion

$56,083

Under max by $99,942

≤ 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 $156,024 — 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 $264,000. 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: $264,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$21,120
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 ~$396/month.: −$4,356
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): −$79,200
Maximum bid: $156,024

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.

32568 Groesbeck Hwy

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

32568 Groesbeck Hwy

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