33557 Otto Ave

Fraser, Michigan, 48026

Tax DeedpendingSells Oct 14, 2026 · in 10 days

View on map ↗

Opening bid

$8,998

Assessed value

$72,500

Market / AVM

$186,000

Taxes owed

—

Parcel number: 03-11-31-429-030
Case number: —
Land use: Residential
Beds / baths: 1 bd · 1 ba
Building: 841 sqft
Acreage: 0.19
Lot size: 8,059 sqft
Year built: 1929
Owner of record: Otto Investment, Llc

Legal description

FIELDSTONE SOUTH; MCCP NO 1170; UNIT 3

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 33557 Otto Ave — the parcel

Aerial view of 33557 Otto Ave — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 237 values

Summary(20)

Id	2,660,201
Beds	1
Baths	1
Equity	$148,782
Flood zone	Yes
Quit claim	Yes
High equity	Yes
Last sale date	2005-01-24
Property type	SFR
Equity percent	81

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: 03-11-31-429-030
Assessor Records ↗search: 03-11-31-429-030
Foreclosures and Delinquent Tax Sales ↗search: 03-11-31-429-030
Mortgage Foreclosure ↗search: 03-11-31-429-030
Recorded Document Search ↗search: 03-11-31-429-030
Michigan Survey and Plat Records Search ↗search: 03-11-31-429-030
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

$108,951

Walk away above this. Projected profit at the ceiling: $55,800 (30% of ARV).

Opening bid $8,998

Room to bid $99,953

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

History-guided suggestion

$41,135

Under max by $67,816

≤ 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 $108,951 — 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 $186,000. 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: $186,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$14,880
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 ~$279/month.: −$3,069
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): −$55,800
Maximum bid: $108,951

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.

2,660,201

Beds

Baths

Equity

$148,782

Flood zone

Yes

Quit claim

Yes

High equity

Yes

Last sale date

2005-01-24

Property type

SFR

Equity percent

Deal analysis

Your maximum bid

$108,951

Walk away above this. Projected profit at the ceiling: $55,800 (30% of ARV).

Opening bid $8,998

Room to bid $99,953

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

History-guided suggestion

$41,135

Under max by $67,816

≤ 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 $108,951 — 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 $186,000. 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: $186,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$14,880
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 ~$279/month.: −$3,069
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): −$55,800
Maximum bid: $108,951

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	03-11-31-429-030
Zoning	RM
Land use	Residential
Lot acres	0.19
Lot number	83
Census block	2003
Census tract	254100
Property use	Single Family Residence
Subdivision	Klein Subdivision
Lot depth feet	161
Lot width feet	50
Lot square feet	8,059
Property class	The general use for the property is for residential purposes
Apn unformatted	031131429030
Census block group	3
Legal description	KLEIN SUBDIVISION LOT 83. L8 P85. CITY OF FRASER

Year	2,025
Tax amount	$6,020
Property id	2,660,201
Market value	$145,000
Assessed value	$72,500
Assessment year	2,026

Book	16478
Page	237
Seq no	1
Sale date	2005-01-24
Buyer names	Alt Investment Llc
Seller names	John R Alt, Michele Alt
Document type	Quit Claim Deed
Recording date	2005-03-14
Document number	5043946
Purchase method	Cash Purchase
Transaction type	Non-Arm's Length Transactions
Document type code	DTQC
Prior owner individual	Yes
Prior owner months owned	1

Equity	$148,782
Owner1 type	Company
Owner2 type	Other
Company name	Otto Investment, Llc
Mail address · zip	48026
Mail address · city	Fraser
Mail address · fips	26099
Mail address · zip4	1989
Mail address · house	33557
Mail address · label	33557 Otto Ave, Fraser, MI 48026
Mail address · state	MI
Mail address · county	Macomb County
Mail address · street	Otto
Mail address · address	33557 Otto Ave
Mail address · carrier route	C063
Mail address · address format	S
Corporate owned	Yes
Owner1 full name	Otto Investment, Llc
Owner1 last name	Otto Investment, Llc
Ownership length	258

Book	Page	Seq no	Sale date	Buyer names	Seller names	Document type	Recording date	Document number	Purchase method	Transaction type	Document type code	Ltv	Arms length	Sale amount	Down payment	Owner individual
16478	237	1	2005-01-24	Alt Investment Llc	John R Alt, Michele Alt	Quit Claim Deed	2005-03-14	5043946	Cash Purchase	Non-Arm's Length Transactions	DTQC
16274	339	2	2004-12-09	John R Alt, Michele Alt	Marion D Gillenwater, Nena M Hernandez	Warranty Deed	2005-01-11	5006141	Cash Purchase	Arms Length Residential Transactions (Purchase/Resales)	DTWD	100	Yes	$95,500	$95,500	Yes
16060	551	3	1998-05-06	Mable P Stull, Marion D Gillenwater	Mable P Stull, Melvin E Stull	Intrafamily Transfer	2004-11-04	4239411	Cash Purchase	Non-Arm's Length Transactions	DTIT					Yes

Fmr year	2023
Hud area code	METRO19820M19820
Hud area name	Detroit-Warren-Livonia, MI HUD Metro FMR Area
Median income	$59,471
Fmr efficiency	$845
Fmr one bedroom	$952
Fmr two bedroom	$1,213
Suggested rent	$952
Fmr four bedroom	$1,629
Fmr three bedroom	$1,511

Address · zip	48026
Address · city	Fraser
Address · fips	26099
Address · zip4	1989
Address · house	33557
Address · label	33557 Otto Ave, Fraser, MI 48026
Address · state	MI
Address · county	Macomb County
Address · street	Otto
Address · address	33557 Otto Ave
Address · street type	Ave
Address · carrier route	C063
Address · jurisdiction	Macomb County
Address · congressional district	10
Bedrooms	1
Deck area	0
Latitude	42.54412512047985
Pool area	0
Bathrooms	1
Longitude	-82.95172343006271
Patio area	0
Year built	1,929
Garage type	Garage
Rooms count	5
Units count	0
Heating type	Forced Air Unit
Property use	Single Family Residence
Lot square feet	8,059
Parking spaces	2
Buildings count	0
Property use code	385
Garage square feet	480
Living square feet	841
Partial bathrooms	0
Basement square feet	686
Building square feet	841
Price per square foot	0
Plumbing fixtures count	0
Basement finished percent	0
Basement square feet finished	0
Basement square feet unfinished	0

Book	Open	Page	Seq no	Amount	Loan type	Position	Term type	Lender code	Lender name	Lender type	Mortgage id	Grantee name	Document date	Interest rate	Loan type code	Recording date	Document number
29925	Yes	191	1	$7,364	Unknown	Second	Month	O	Alt Investments Llc	Other (Company Or Corporation)	767952	Otto Investment Llc	2025-01-10	6	U	2025-01-10	202500002990
28973	Yes	720	2	$30,000	Unknown	First	Month	O	200424946 Ira	Other (Company Or Corporation)	729599	Otto Investment Llc	2022-12-15		U	2022-12-15	202300004468

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