8485 Potomac

Center Line, Michigan, 48015

Tax DeedpendingSells Oct 14, 2026 · in 5 days

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Beds: 3
Baths: 1
SqFt: 972
Lot Size: 7,306
Year Built: 1971
APN: 01-13-22-126-012

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
County: Macomb

Value

Estimated Value: $167,000
County Market Value: $167,000; 2025
Assessed Value: $83,500; 2026

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $83,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Opportunity

Opening Bid: $2,904
Bid / Value: 2%; of $167,000
Property Tax 2025: $2,495; annual bill · not the amount owed
Equity (est.): $134,779; 80%
Monthly Rent: $1,511; Suggested rent
Gross Yield: 10.86%

Opening bid

$2,904

Assessed value

$83,500

Market / AVM

$167,000

Property tax 2025

$2,495

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Cornelius Vanarsdol
Owner 2 Name: Janice Vanarsdol
Mailing Address: 8485 Potomac, Center Line, MI 48015
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 3
Total Bathrooms: 1

Deal analysis

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #
08/19/2004	First	$83,000	Unknown	Christian Fcu	110	09/18/2014	5004139

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #	Open
08/19/2004	First	$83,000	Unknown	Christian Fcu	110	09/18/2014	5004139	Yes

Your maximum bid

$97,485

Walk away above this. Projected profit at the ceiling: $50,100 (30% of ARV).

Opening bid $2,904

Room to bid $94,580

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

History-guided suggestion

$33,717

Under max by $63,767

≤ 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 $97,485 — 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 $167,000. 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: $167,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$13,360
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 ~$251/month.: −$2,756
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): −$50,100
Maximum bid: $97,485

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.

8485 Potomac

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

8485 Potomac

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Distress Flags

Area

Fair Market Rents

Tax Assessment Information

Open Mortgages

Mortgage History

County records

Macomb County rules

Historical comps

Verify before you bid