15510 Veronica Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 4 days

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Beds: 3
Baths: 1
SqFt: 1,562
Lot Size: 6,011
Year Built: 1947
APN: 02-14-31-330-002

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 9 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $207,000
County Market Value: $182,600; 2025
Assessed Value: $91,300; 2026

Mortgage & Debt

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

Last Sale

Public Record: $205,000; 12/09/2025
MLS: $199,900; 07/07/2026
Document Type: Warranty Deed

Opportunity

Opening Bid: $8,444
Bid / Value: 4%; of $207,000
Property Tax 2025: $4,387; annual bill · not the amount owed
Equity (est.): $207,000; 100%
Monthly Rent: $1,660; HUD fair market rent (3 bd)
Gross Yield: 9.62%

Opening bid

$8,444

Assessed value

$91,300

Market / AVM

$207,000

Property tax 2025

$4,387

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Sherica Mitchell
Mailing Address: 15510 Veronica 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
12/09/2025	Closed	$199,900	211	Rami Jabro	Top Agent Realty
11/28/2025	Pending	$199,900	1	Rami Jabro	Top Agent Realty
11/03/2025	Active Under Contract	$199,900	1	Rami Jabro	Top Agent Realty
10/06/2025	Active	$199,900	18	Rami Jabro	Top Agent Realty
09/30/2025	Withdrawn	$224,900	66	Rami Jabro	Top Agent Realty
08/27/2025	Active	$224,900	28	Rami Jabro	Top Agent Realty
08/13/2025	Closed	$84,900	1	Mark Austin	GSA Elite Realty
07/28/2025	Active	$239,900	6	Rami Jabro	Top Agent Realty
02/16/2025	Closed	$84,900	3,112	Mark Austin	GSA Elite Realty

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
12/09/2025	12/16/2025	$205,000	Warranty Deed	202500112426	Yes	Cash Purchase	Sherica Mitchell	Connect Properties Llc
03/07/2025	03/12/2025	$140,000	Warranty Deed	202500019166	Yes	Cash Purchase	Connect Properties Llc	Derrick A Hudson
10/25/2019	12/11/2019	$70,000	Special Warranty Deed	9140741	Yes	Cash Purchase	Derrick A Hudson	Lakeview Loan Servicing Llc
08/30/2019	09/06/2019	$73,500	Sheriffs Deed	9099731	Yes	Cash Purchase	Lakeview Loan Servicing Llc	Diann Hudson
12/09/2016	01/11/2017	$80,000	Warranty Deed	7004458	Yes	Cash Purchase	Diann Hudson	Five Asset Manangement Llc
01/22/2016	02/05/2016	$37,071	Sheriffs Deed	6013913	Yes	Cash Purchase	Five Star Asset Management Llc	Carrie A Landsiedel, Michael J Landsiedel
07/25/2005	08/10/2005		Intrafamily Transfer	5143367	No	Cash Purchase	Michael J Landsiedel, Carrie Ann Landsiedel	Carrie Ann Landsiedel, Carrie Ann Bryce
03/30/2000	05/09/2000	$80,000	Deed		Yes	Financed	Carrie A Bryce	Bryce Trust

Your maximum bid

$121,625

Walk away above this. Projected profit at the ceiling: $62,100 (30% of ARV).

Opening bid $8,444

Room to bid $113,181

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

History-guided suggestion

$44,959

Under max by $76,665

≤ 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 $121,625 — 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 $207,000. 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: $207,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$16,560
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 ~$311/month.: −$3,416
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): −$62,100
Maximum bid: $121,625

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.

15510 Veronica Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

15510 Veronica 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