243 Southbound Gratiot Ave # Sb

Mount Clemens, Michigan, 48043

Tax DeedpendingSells Oct 14, 2026 · in 6 days

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SqFt: 2,080
Lot Size: 5,532
Year Built: 1956
APN: 05-11-14-378-003

Property Type: Other
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Absentee (In State)
Length of Ownership: 1 Year 5 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $185,200
County Market Value: $370,400; 2025
Assessed Value: $185,200; 2026

Mortgage & Debt

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

Last Sale

Public Record: $78,500; 04/17/2025
Document Type: Warranty Deed

Opportunity

Opening Bid: $7,101
Bid / Value: 4%; of $185,200
Property Tax 2025: $5,312; annual bill · not the amount owed
Equity (est.): $185,200; 100%
Linked Properties: 4

Opening bid

$7,101

Assessed value

$185,200

Market / AVM

$185,200

Property tax 2025

$5,312

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Jawaun Hodges
Mailing Address: 250 N Walnut St, Mount Clemens, MI 48043
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Heating Type: Forced Air Unit
Basement: No Basement
Number of Stories: 1

Deal analysis

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
04/17/2025	04/23/2025	$78,500	Warranty Deed	202500036203	Yes	Cash Purchase	Jawaun Marquize Hodges	Gary Becker Llc
04/17/2025	04/23/2025		Deed	202500036061	No	Cash Purchase	Gary Becker Llc	Nichols Beckor, Estate Of Gary D Becker
11/02/2018	12/18/2018		Quit Claim Deed	8137165	No	Cash Purchase	Jawann Hodges	Roshannah Pernell
12/01/2017	01/16/2018	$65,000	Warranty Deed	8005355	Yes	Cash Purchase	Gary Becker	Robert J Sorrentino

Your maximum bid

$108,468

Walk away above this. Projected profit at the ceiling: $55,560 (30% of ARV).

Opening bid $7,101

Room to bid $101,367

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

History-guided suggestion

$39,838

Under max by $68,630

≤ 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 $108,468 — 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 $185,200. 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: $185,200
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$14,816
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 ~$278/month.: −$3,056
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): −$55,560
Maximum bid: $108,468

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.

243 Southbound Gratiot Ave # Sb

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

243 Southbound Gratiot Ave # Sb

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