Lapeer

Michigan

Tax DeedpendingSells Oct 30, 2026 · in 22 days

View on map ↗

Property Type: Vacant
County: Genesee

Opportunity

Opening Bid: $350

Opening bid

$350

Assessed value

—

Market / AVM

—

Taxes owed

—

Land/Location Information

Land Use: Vacant
County: Genesee

Legal Description

Vacant Commercial Parcel On Lapeer ...

County records

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

Deal analysis

Your maximum bid

-$3,639

Do not bid — the numbers do not clear your margin.

Opening bid $350

Room to bid -$3,989

Confidence: low — built on an assumed floor from the opening bid, not a valuation of this parcel.

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

17156

Median sold

$3,900

p(redeem) prior

History n=17156 for MI|Tax Deed — limited sample; light guidance only.
Oracle says no-bid — suggestion is pass.

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

Assumed floor, not a valuation of this parcel. No assessed value, provider estimate or comps were available, so this is the opening bid of $350 times 2.24 — the conservative quartile of the value-to-opening-bid ratio across 2,189 MI parcels where both figures are known (measured 2026-08-11). The middle half of those parcels ran 2.24x to 11.51x, so the true figure could plausibly be $4,029. Treat this as a starting magnitude for research, never as a reason to bid — enter real comps before you do.

Assumed floor (not an ARV): $784assumed
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$63
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 ~$75/month.: −$825
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): −$235
Maximum bid: -$3,639

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.
Costs exceed what the property can support at your target margin. There is no bid at which this clears.

Deal analysis

Your maximum bid

-$3,639

Do not bid — the numbers do not clear your margin.

Opening bid $350

Room to bid -$3,989

Confidence: low — built on an assumed floor from the opening bid, not a valuation of this parcel.

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

17156

Median sold

$3,900

p(redeem) prior

History n=17156 for MI|Tax Deed — limited sample; light guidance only.
Oracle says no-bid — suggestion is pass.

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

Assumed floor (not an ARV): $784assumed
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$63
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 ~$75/month.: −$825
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): −$235
Maximum bid: -$3,639

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.
Costs exceed what the property can support at your target margin. There is no bid at which this clears.

Lapeer

Opportunity

Land/Location Information

Legal Description

County records

Lapeer

Opportunity

Land/Location Information

Legal Description

County records

Genesee County rules

Historical comps

Verify before you bid

AI risk brief