23050 Rein Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 6 days

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Baths: 1
SqFt: 959
Lot Size: 4,368
Year Built: 1954
APN: 02-14-30-436-014

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 10 Years 5 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $138,000
County Market Value: $127,200; 2025
Assessed Value: $63,600; 2026

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2017

Last Sale

Document Type: Intrafamily Transfer

Opportunity

Opening Bid: $780
Bid / Value: 0.57%; of $138,000
Property Tax 2025: $1,713; annual bill · not the amount owed
Equity (est.): $138,000; 100%

Opening bid

$780

Assessed value

$63,600

Market / AVM

$138,000

Property tax 2025

$1,713

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Rebecca Bork
Mailing Address: 23050 Rein Ave, Eastpointe, MI 48021
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Bathrooms: 1
Heating Type: Baseboard
Garage Type: Detached Garage

Deal analysis

Sale Date	Recorded	Document	Doc #	Arm's Length	Method	Buyer	Seller
04/20/2016	04/20/2016	Intrafamily Transfer	6048952	No	Cash Purchase	Rebeca Bork, Raymond Bork	Rebecca Bork, Estatte Of Lillian Moralez

Your maximum bid

$79,983

Walk away above this. Projected profit at the ceiling: $41,400 (30% of ARV).

Opening bid $780

Room to bid $79,203

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

History-guided suggestion

$26,702

Under max by $53,281

≤ 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 $79,983 — 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 $138,000. 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: $138,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,040
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 ~$207/month.: −$2,277
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): −$41,400
Maximum bid: $79,983

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.

23050 Rein Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

23050 Rein Ave

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