68652 Oak St

Richmond, Michigan, 48062

Tax DeedpendingSells Oct 14, 2026 · in 13 days

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Opening bid

$4,423

Assessed value

$131,100

Market / AVM

$298,000

Taxes owed

—

Parcel number: 07-06-01-105-016
Case number: —
Land use: Residential
Beds / baths: 2 ba
Building: 1,488 sqft
Acreage: 0.2
Lot size: 8,716 sqft
Year built: 1983
Owner of record: Michael Madeau

Legal description

A/P NO. 6 (L17, P10); PART OF LOT 155 DESC AS: COMM AT NW COR LOT 153 OF SD A/P NO. 6; TH NORTH 66.00 FT ALG E LINE OF OAK ST TO POB; TH NORTH 66.00 FT; TH EAST 131.83 FT; TH SOUTH 66.00 FT; TH WEST 131.65 FT TO POB BEING BLOCK D, LOT 4 OF TOWN OF RIDGEWAY

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 68652 Oak St — the parcel

Aerial view of 68652 Oak St — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 105 values

Summary(13)

Id	25,940,317
Baths	2
Flood zone	Yes
Free clear	Yes
High equity	Yes
Property type	SFR
Equity percent	100
Flood zone type	X
Owner occupied	Yes
Estimated value	$298,000

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Michigan property search (BS&A / county) ↗search: 07-06-01-105-016
Assessor Records ↗search: 07-06-01-105-016
Foreclosures and Delinquent Tax Sales ↗search: 07-06-01-105-016
Mortgage Foreclosure ↗search: 07-06-01-105-016
Recorded Document Search ↗search: 07-06-01-105-016
Michigan Survey and Plat Records Search ↗search: 07-06-01-105-016
Google Maps (parcel / address search) ↗

Macomb County rules

Sale type: Tax Deed
Redemption: Forfeiture/foreclosure process ends redemption rights before auction (roughly 2 years of delinquency)
Return if redeemed: N/A — outright deed transfer
Statute: Michigan Compiled Laws §211.78 et seq.

Full county profile →

Historical comps

17156 recorded outcomes in MI|Tax Deed (17156 with winning bid).

Sample size: 17,156
p(redeem) prior: 2%
Median sold: $3,900
Med bid/assessed: —

Berrien County2025-10-31
Owned
$5,700
Berrien County2025-10-31
Owned
$2,600
Calhoun County2025-10-31
Owned
$1,600
Calhoun County2025-10-31
Owned
$14,000
Berrien County2025-10-31
Owned
$1,100
Calhoun County2025-10-31
Owned
$1,000

Liens that survive

Foreclosure judgment extinguishes most prior private liens; federal liens and some state/local interests can survive. Special assessments and occupancy create practical risk.

Quiet title

Judgment is primary clearing step; some insurers still want quiet title on tax-foreclosed residential parcels.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Macomb County Treasurer — Tax Foreclosure Auctions ↗

Deal analysis

Your maximum bid

$176,543

Walk away above this. Projected profit at the ceiling: $89,400 (30% of ARV).

Opening bid $4,423

Room to bid $172,120

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

History-guided suggestion

$60,560

Under max by $115,983

≤ 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 $176,543 — 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 $298,000. 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: $298,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$23,840
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 ~$447/month.: −$4,917
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): −$89,400
Maximum bid: $176,543

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.

25,940,317

Baths

Flood zone

Yes

Free clear

Yes

High equity

Yes

Property type

SFR

Equity percent

100

Flood zone type

Owner occupied

Yes

Estimated value

$298,000

Deal analysis

Your maximum bid

$176,543

Walk away above this. Projected profit at the ceiling: $89,400 (30% of ARV).

Opening bid $4,423

Room to bid $172,120

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

History-guided suggestion

$60,560

Under max by $115,983

≤ 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 $176,543 — 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 $298,000. 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: $298,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$23,840
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 ~$447/month.: −$4,917
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): −$89,400
Maximum bid: $176,543

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.

Apn	07-06-01-105-016
Zoning	R-3
Land use	Residential
Lot acres	0.20
Lot number	155,153
Census block	2001
Census tract	211000
Property use	Single Family Residence
Lot depth feet	132
Lot width feet	66
Lot square feet	8,716
Property class	The general use for the property is for residential purposes
Apn unformatted	070601105016
Census block group	1
Legal description	ASSESSORS PLAT NO 6 PART OF LOT 155 DESC AS COM AT NW COR LOT 153 OF SD ASSESSORS PLAT NO 6; TH N 66.0 FT ALG E LINE OF OAK

Year	2,025
Tax amount	$3,081
Property id	25,940,317
Market value	$262,200
Assessed value	$131,100
Assessment year	2,026

Owner1 type	Individual
Owner2 type	Other
Mail address · zip	48062
Mail address · city	Richmond
Mail address · fips	26099
Mail address · zip4	1224
Mail address · house	68652
Mail address · label	68652 Oak St, Richmond, MI 48062
Mail address · state	MI
Mail address · county	Macomb County
Mail address · street	Oak
Mail address · address	68652 Oak St
Mail address · carrier route	C003
Mail address · address format	S
Owner occupied	Yes
Owner1 full name	Michael Madeau
Owner1 last name	Madeau
Owner1 first name	Michael

Fmr year	2023
Hud area code	METRO19820M19820
Hud area name	Detroit-Warren-Livonia, MI HUD Metro FMR Area
Median income	$69,485
Fmr efficiency	$845
Fmr one bedroom	$952
Fmr two bedroom	$1,213
Fmr four bedroom	$1,629
Fmr three bedroom	$1,511

Address · zip	48062
Address · city	Richmond
Address · fips	26099
Address · zip4	1224
Address · house	68652
Address · label	68652 Oak St, Richmond, MI 48062
Address · state	MI
Address · county	Macomb County
Address · street	Oak
Address · address	68652 Oak St
Address · street type	St
Address · carrier route	C003
Address · jurisdiction	Macomb County
Address · congressional district	09
Deck area	0
Latitude	42.80671823562612
Pool area	0
Bathrooms	2
Longitude	-82.75142662159321
Patio area	0
Year built	1,983
Garage type	Garage
Rooms count	0
Units count	0
Heating type	Forced Air Unit
Property use	Single Family Residence
Lot square feet	8,712
Parking spaces	2
Buildings count	0
Property use code	385
Garage square feet	688
Living square feet	1,488
Partial bathrooms	0
Basement square feet	528
Building square feet	1,488
Price per square foot	0
Air conditioning type	Yes
Plumbing fixtures count	0
Basement finished percent	0
Air conditioning available	Yes
Tax exemption homeowner flag	Yes
Basement square feet finished	0
Basement square feet unfinished	0

Property detail

County records

Macomb County rules

Historical comps

Verify before you bid

Property detail

County records

Macomb County rules

Historical comps

Verify before you bid

AI risk brief