22811 Oakwood Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 4 days

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Beds: 3
Baths: 1
SqFt: 1,294
Lot Size: 11,805
Year Built: 1929
APN: 02-13-25-478-036

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Other
Owner Status: Owner Occupied
Length of Ownership: 7 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $174,000
County Market Value: $180,000; 2025
Assessed Value: $90,000; 2026

Mortgage & Debt

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

Last Sale

Document Type: Intrafamily Transfer

Opportunity

Opening Bid: $4,470
Bid / Value: 3%; of $174,000
Property Tax 2025: $2,101; annual bill · not the amount owed
Equity (est.): $174,000; 100%
Monthly Rent: $1,660; Suggested rent
Gross Yield: 11.45%
Linked Properties: 5

Opening bid

$4,470

Assessed value

$90,000

Market / AVM

$174,000

Property tax 2025

$2,101

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Demonaco Family Revocable Living Trust
Owner 2 Name: Lawrence Demonaco
Mailing Address: 19535 Wallace St, Roseville, MI 48066
Owner Type: Other
Corporate Owned: No

Property Characteristics

Total Rooms: 6
Bedrooms: 3

Deal analysis

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
02/19/2026	02/20/2026		Intrafamily Transfer	202600015062	No	Cash Purchase	Demonaco Family Revocable Living Trust, Lawrence Demonaco	Lawrence Demonaco, Eugenia Demonaco
02/11/2011	03/04/2011		Land Contract	1123321	No	Cash Purchase	Lauri Malone	Lawrence Demonaco, Eugenia Demonaco
08/20/2008	10/10/2008	$32,000	Deed	8115347	Yes	Cash Purchase	Lawrence Demonaco	U S Bank Na, Saxon Mortgage Services Inc
09/28/2007	10/05/2007	$110,500	Sheriffs Deed	7137550	Yes	Cash Purchase	Us Bank Na, Home Equity Loan Trust 2004-He5	Joseph Colton
04/26/2002	06/12/2002	$126,900	Deed		Yes	Cash Purchase	Joseph Colton	Joseph E Rau
12/06/2000	01/30/2001	$97,000	Deed		Yes	Cash Purchase	Joseph E Rau	Thomas L Hattey
09/14/2000	09/25/2000	$74,955	Deed		Yes	Cash Purchase	Thomas L Hattey	Evelyn M Landstrom

Your maximum bid

$101,709

Walk away above this. Projected profit at the ceiling: $52,200 (30% of ARV).

Opening bid $4,470

Room to bid $97,239

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

History-guided suggestion

$36,042

Under max by $65,667

≤ 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 $101,709 — 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 $174,000. 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: $174,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$13,920
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 ~$261/month.: −$2,871
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): −$52,200
Maximum bid: $101,709

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.

22811 Oakwood Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

22811 Oakwood 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