21540 Gratiot Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 13 days

View on map ↗

Opening bid

$12,198

Assessed value

$309,900

Market / AVM

$309,900

Taxes owed

—

Parcel number: 02-14-31-307-005
Case number: —
Land use: Commercial
Building: —
Acreage: 1.17
Lot size: 50,922 sqft
Year built: —
Owner of record: Sean Investment, Llc
Last sale: $62,500 · 2012-02-09

Legal description

HALFWAY CITY NO. 1 (L5, P3); S 1/2 OF LOT 323 & ALL OF LOT 324

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 21540 Gratiot Ave — the parcel

Aerial view of 21540 Gratiot Ave — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 173 values

Summary(20)

Id	246,363,063
Cash buyer	Yes
Flood zone	Yes
Free clear	Yes
High equity	Yes
Notice type	NOL
Last sale date	2012-02-09
Property type	LAND
Absentee owner	Yes
Equity percent	100

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Michigan property search (BS&A / county) ↗search: 02-14-31-307-005
Assessor Records ↗search: 02-14-31-307-005
Foreclosures and Delinquent Tax Sales ↗search: 02-14-31-307-005
Mortgage Foreclosure ↗search: 02-14-31-307-005
Recorded Document Search ↗search: 02-14-31-307-005
Michigan Survey and Plat Records Search ↗search: 02-14-31-307-005
Google Maps (parcel / address search) ↗

Macomb County rules

Sale type: Tax Deed
Redemption: Forfeiture/foreclosure process ends redemption rights before auction (roughly 2 years of delinquency)
Return if redeemed: N/A — outright deed transfer
Statute: Michigan Compiled Laws §211.78 et seq.

Full county profile →

Historical comps

17156 recorded outcomes in MI|Tax Deed (17156 with winning bid).

Sample size: 17,156
p(redeem) prior: 2%
Median sold: $3,900
Med bid/assessed: —

Calhoun County2025-10-31
Owned
$14,000
Berrien County2025-10-31
Owned
$5,700
Berrien County2025-10-31
Owned
$2,600
Calhoun County2025-10-31
Owned
$1,600
Berrien County2025-10-31
Owned
$1,100
Calhoun County2025-10-31
Owned
$1,000

Liens that survive

Foreclosure judgment extinguishes most prior private liens; federal liens and some state/local interests can survive. Special assessments and occupancy create practical risk.

Quiet title

Judgment is primary clearing step; some insurers still want quiet title on tax-foreclosed residential parcels.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Macomb County Treasurer — Tax Foreclosure Auctions ↗

Deal analysis

Your maximum bid

$183,725

Walk away above this. Projected profit at the ceiling: $92,970 (30% of ARV).

Opening bid $12,198

Room to bid $171,526

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

History-guided suggestion

$67,581

Under max by $116,144

≤ 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 $183,725 — 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 $309,900. 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: $309,900
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$24,792
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 ~$465/month.: −$5,113
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): −$92,970
Maximum bid: $183,725

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.

246,363,063

Cash buyer

Yes

Flood zone

Yes

Free clear

Yes

High equity

Yes

Notice type

NOL

Last sale date

2012-02-09

Property type

LAND

Absentee owner

Yes

Equity percent

100

Deal analysis

Your maximum bid

$183,725

Walk away above this. Projected profit at the ceiling: $92,970 (30% of ARV).

Opening bid $12,198

Room to bid $171,526

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

History-guided suggestion

$67,581

Under max by $116,144

≤ 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 $183,725 — 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 $309,900. 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: $309,900
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$24,792
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 ~$465/month.: −$5,113
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): −$92,970
Maximum bid: $183,725

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.

Apn	02-14-31-307-005
Zoning	B-3
Land use	Commercial
Lot acres	1.17
Lot number	274-275
Census block	4002
Census tract	258800
Property use	Commercial-Vacant Land
Subdivision	Assessors Plat #17
Lot depth feet	500.3
Lot width feet	158.6
Lot square feet	50,922
Property class	The general use for the property is for commercial purposes
Apn unformatted	021431307005
Census block group	2
Legal description	ASSESSORS PLAT NO. 17 LOTS 274 & 275 EXC: BEG AT SW COR LOT 275; TH N2800'E 110.68 FT; TH S6200'E 135.80 FT; TH S28*00'W

Year	2,025
Tax amount	$9,008
Property id	246,363,063
Market value	$619,800
Assessed value	$309,900
Assessment year	2,026
Tax delinquent year	2016

Ltv	100
Book	21166
Page	461
Seq no	1
Sale date	2012-02-09
Arms length	Yes
Buyer names	Sean Investment Llc
Sale amount	$62,500
Down payment	$62,500
Seller names	F & J Llc
Document type	Warranty Deed
Recording date	2012-03-13
Document number	2029509
Purchase method	Cash Purchase
Transaction type	Non-Residential Arm's Length Transactions
Document type code	DTWD
Prior owner months owned	80

Owner1 type	Company
Owner2 type	Other
Company name	Sean Investment, Llc
Mail address · zip	48021
Mail address · city	Eastpointe
Mail address · fips	26099
Mail address · zip4	3130
Mail address · house	17805
Mail address · label	17805 E 8 Mile Rd, Eastpointe, MI 48021
Mail address · state	MI
Mail address · county	Macomb County
Mail address · street	8 Mile
Mail address · address	17805 E 8 Mile Rd
Mail address · carrier route	C028
Mail address · pre direction	E
Mail address · address format	S
Absentee owner	Yes
Corporate owned	Yes
Owner1 full name	Sean Investment, Llc
Owner1 last name	Sean Investment, Llc
Ownership length	174
In state absentee owner	Yes

Ltv	Book	Page	Seq no	Sale date	Arms length	Buyer names	Sale amount	Down payment	Seller names	Document type	Recording date	Document number	Purchase method	Transaction type	Document type code
100	21166	461	1	2012-02-09	Yes	Sean Investment Llc	$62,500	$62,500	F & J Llc	Warranty Deed	2012-03-13	2029509	Cash Purchase	Non-Residential Arm's Length Transactions	DTWD
100	16858	448	2	2005-06-22	Yes	F & J Llc	$200,000	$200,000	Merollis Enterprises Inc, Merollis Leasing Inc	Warranty Deed	2005-06-30	5117372	Cash Purchase	Non-Residential Arm's Length Transactions	DTWD

Fmr year	2023
Hud area code	METRO19820M19820
Hud area name	Detroit-Warren-Livonia, MI HUD Metro FMR Area
Median income	$52,155
Fmr efficiency	$930
Fmr one bedroom	$1,040
Fmr two bedroom	$1,330
Fmr four bedroom	$1,790
Fmr three bedroom	$1,660

Address · zip	48021
Address · city	Eastpointe
Address · fips	26099
Address · zip4	2856
Address · house	21540
Address · label	21540 Gratiot Ave, Eastpointe, MI 48021
Address · state	MI
Address · county	Macomb County
Address · street	Gratiot
Address · address	21540 Gratiot Ave
Address · street type	Ave
Address · carrier route	C019
Address · jurisdiction	Macomb County
Address · congressional district	10
Deck area	0
Latitude	42.45611918615144
Pool area	0
Longitude	-82.96217127913413
Patio area	0
Porch area	0
Rooms count	0
Units count	0
Property use	Commercial-Vacant Land
Lot square feet	50,922
Parking spaces	0
Buildings count	0
Property use code	393
Garage square feet	0
Living square feet	0
Partial bathrooms	0
Basement square feet	0
Building square feet	0
Price per square foot	0
Plumbing fixtures count	0
Basement finished percent	0
Basement square feet finished	0
Basement square feet unfinished	0

Ids	45308741, 246363063
Total owned	2
Total value	$572,900
Total equity	$374,339
Purchased last6mos	0
Purchased last12mos	0
Total mortgage balance	$198,561

Property detail

County records

Macomb County rules

Historical comps

Verify before you bid

Property detail

County records

Macomb County rules

Historical comps

Verify before you bid

AI risk brief