24640 Schroeder Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 13 days

View on map ↗

Opening bid

$2,899

Assessed value

$59,000

Market / AVM

$149,000

Taxes owed

—

Parcel number: 02-14-29-251-009
Case number: —
Land use: Residential
Beds / baths: 1 ba
Building: 948 sqft
Acreage: 0.1
Lot size: 4,400 sqft
Year built: 1953
Owner of record: Alyse Presti

Legal description

VANITY SUBDIVISION NO. 1 LOT 163

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 24640 Schroeder Ave — the parcel

Aerial view of 24640 Schroeder Ave — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 177 values

Summary(18)

Id	20,505,389
Baths	1
Cash buyer	Yes
Flood zone	Yes
Free clear	Yes
Quit claim	Yes
High equity	Yes
Last sale date	2005-06-29
Property type	SFR
Absentee owner	Yes

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: 02-14-29-251-009
Assessor Records ↗search: 02-14-29-251-009
Foreclosures and Delinquent Tax Sales ↗search: 02-14-29-251-009
Mortgage Foreclosure ↗search: 02-14-29-251-009
Recorded Document Search ↗search: 02-14-29-251-009
Michigan Survey and Plat Records Search ↗search: 02-14-29-251-009
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
$2,600
Calhoun County2025-10-31
Owned
$1,600
Berrien County2025-10-31
Owned
$5,700
Berrien County2025-10-31
Owned
$1,100
Calhoun County2025-10-31
Owned
$1,000
Berrien County2025-10-31
Owned
$850

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

$86,622

Walk away above this. Projected profit at the ceiling: $44,700 (30% of ARV).

Opening bid $2,899

Room to bid $83,722

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

History-guided suggestion

$30,151

Under max by $56,470

≤ 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 $86,622 — 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 $149,000. 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: $149,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,920
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 ~$224/month.: −$2,459
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): −$44,700
Maximum bid: $86,622

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.

20,505,389

Baths

Cash buyer

Yes

Flood zone

Yes

Free clear

Yes

Quit claim

Yes

High equity

Yes

Last sale date

2005-06-29

Property type

SFR

Absentee owner

Yes

Deal analysis

Your maximum bid

$86,622

Walk away above this. Projected profit at the ceiling: $44,700 (30% of ARV).

Opening bid $2,899

Room to bid $83,722

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

History-guided suggestion

$30,151

Under max by $56,470

≤ 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 $86,622 — 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 $149,000. 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: $149,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,920
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 ~$224/month.: −$2,459
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): −$44,700
Maximum bid: $86,622

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	02-14-29-251-009
Zoning	R-1
Land use	Residential
Lot acres	0.10
Lot number	34
Census block	2007
Census tract	258100
Property use	Single Family Residence
Subdivision	Richmond Subdivision
Lot depth feet	110
Lot width feet	40
Lot square feet	4,400
Property class	The general use for the property is for residential purposes
Apn unformatted	021429251009
Census block group	7
Legal description	RICHMOND SUBDIVISION LOT 34 INCL 1/2 VAC ALLEY LIBER 12; PAGE 24

Year	2,025
Tax amount	$1,832
Property id	20,505,389
Market value	$118,000
Assessed value	$59,000
Assessment year	2,026

Book	16879
Page	867
Seq no	1
Sale date	2005-06-29
Buyer names	Alyse A Presti
Seller names	D&T Rentals Inc, Joseph A Presti
Document type	Quit Claim Deed
Recording date	2005-07-07
Document number	5121373
Purchase method	Cash Purchase
Owner individual	Yes
Transaction type	Non-Arm's Length Transactions
Document type code	DTQC
Prior owner months owned	115

Owner1 type	Individual
Owner2 type	Other
Mail address · zip	48080
Mail address · city	Saint Clair Shores
Mail address · fips	26099
Mail address · zip4	0482
Mail address · label	Po Box 482, Saint Clair Shores, MI 48080
Mail address · state	MI
Mail address · address	Po Box 482
Mail address · carrier route	B001
Mail address · address format	P
Absentee owner	Yes
Owner1 full name	Alyse Presti
Owner1 last name	Presti
Owner1 first name	Alyse
Ownership length	252
In state absentee owner	Yes

Book	Page	Seq no	Sale date	Buyer names	Seller names	Document type	Recording date	Document number	Purchase method	Owner individual	Transaction type	Document type code	Ltv	Arms length	Sale amount	Down payment
16879	867	1	2005-06-29	Alyse A Presti	D&T Rentals Inc, Joseph A Presti	Quit Claim Deed	2005-07-07	5121373	Cash Purchase	Yes	Non-Arm's Length Transactions	DTQC
17185	456	2	2005-06-27	Alyse Presti	Deutsche Bank National Trust Co, Vendee Mortgage Trust Series 2002-2	Corporation Deed	2005-09-29	5178278	Cash Purchase	Yes	Non-Arm's Length Transactions	DTCP
16615	286	3	2004-12-17	D&T Rentals Inc	Joseph A Presti, Alyse A Presti	Re-Recorded Document	2005-04-21	5070998	Cash Purchase		Non-Arm's Length Transactions	DTRR
		4	1995-11-22	T Dillard	T & J Case	Deed	1995-12-26		Cash Purchase		Arms Length Residential Transactions (Purchase/Resales)	DTDE	100	Yes	$69,000	$69,000

Fmr year	2023
Hud area code	METRO19820M19820
Hud area name	Detroit-Warren-Livonia, MI HUD Metro FMR Area
Median income	$52,155
Fmr efficiency	$930
Fmr one bedroom	$1,040
Fmr two bedroom	$1,330
Fmr four bedroom	$1,790
Fmr three bedroom	$1,660

Id	298609
Name	Richmond
Type	subdivision
Center	POINT(-82.9351773 42.476159566062)

Address · zip	48021
Address · city	Eastpointe
Address · fips	26099
Address · zip4	4212
Address · house	24640
Address · label	24640 Schroeder Ave, Eastpointe, MI 48021
Address · state	MI
Address · county	Macomb County
Address · street	Schroeder
Address · address	24640 Schroeder Ave
Address · street type	Ave
Address · carrier route	C002
Address · jurisdiction	Macomb County
Address · congressional district	10
Deck area	0
Latitude	42.476271687451636
Pool area	0
Bathrooms	1
Fireplace	Yes
Longitude	-82.93664641569627
Patio area	0
Year built	1,953
Rooms count	0
Units count	0
Heating type	Forced Air Unit
Property use	Single Family Residence
Lot square feet	4,400
Parking spaces	0
Buildings count	0
Property use code	385
Garage square feet	0
Living square feet	948
Partial bathrooms	1
Basement square feet	948
Building square feet	948
Price per square foot	0
Utilities sewage usage	Municipal
Utilities water source	Municipal
Plumbing fixtures count	0
Basement finished percent	0
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