111 Grand Ave

Mount Clemens, Michigan, 48043

Tax DeedpendingSells Oct 14, 2026 · in 6 days

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Baths: 2
SqFt: 1,734
Lot Size: 21,736
APN: 05-11-11-383-008

Property Type: Sfr
Distressed: No
Vacant: Yes
Owner Type: Individual
Owner Status: Absentee (In State)
County: Macomb

Value

Estimated Value: $193,000
County Market Value: $238,400; 2025
Assessed Value: $119,200; 2026

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2016

Opportunity

Opening Bid: $5,032
Bid / Value: 3%; of $193,000
Property Tax 2025: $4,032; annual bill · not the amount owed
Equity (est.): $193,000; 100%

Opening bid

$5,032

Assessed value

$119,200

Market / AVM

$193,000

Property tax 2025

$4,032

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Walter Liebzeit
Owner 2 Name: Nora Liebzeit
Mailing Address: Po Box 46145, Mount Clemens, MI 48046
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Bathrooms: 2
Heating Type: Forced Air Unit

Deal analysis

Your maximum bid

$113,176

Walk away above this. Projected profit at the ceiling: $57,900 (30% of ARV).

Opening bid $5,032

Room to bid $108,143

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

History-guided suggestion

$40,141

Under max by $73,035

≤ 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 $113,176 — 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 $193,000. 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: $193,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$15,440
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 ~$290/month.: −$3,185
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): −$57,900
Maximum bid: $113,176

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.

111 Grand Ave

Value

Mortgage & Debt

Opportunity

Ownership Information

Property Characteristics

111 Grand Ave

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

County records

Macomb County rules

Historical comps

Verify before you bid