22631 Petersburg Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 6 days

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Baths: 1
SqFt: 1,221
Lot Size: 7,100
Year Built: 1947
APN: 02-14-33-101-003

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Absentee (In State)
Length of Ownership: 9 Years 11 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $165,000
County Market Value: $145,000; 2025
Assessed Value: $72,500; 2026

Mortgage & Debt

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

Last Sale

Document Type: Quit Claim Deed

Opportunity

Opening Bid: $5,227
Bid / Value: 3%; of $165,000
Property Tax 2025: $3,006; annual bill · not the amount owed
Equity (est.): $165,000; 100%
Linked Properties: 12

Opening bid

$5,227

Assessed value

$72,500

Market / AVM

$165,000

Property tax 2025

$3,006

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Nada Jamoua
Mailing Address: 4805 Bantry Dr, West Bloomfield, MI 48322
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Bathrooms: 1
Air Conditioning Type: Yes
Heating Type: Forced Air Unit

Deal analysis

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
10/20/2016	10/20/2016		Quit Claim Deed	6123972	No	Cash Purchase	Nada Jamoua	The Prac Team Llc
04/30/2010	06/01/2010	$12,000	Warranty Deed	0067308	Yes	Cash Purchase	The Prac Team Llc	Universal Mortgage Corporation, Peoples State Bank
06/27/2008	07/08/2008	$75,860	Sheriffs Deed	8081932	Yes	Cash Purchase	Universal Mortgage Corp	Abdulamire Berro

Your maximum bid

$96,278

Walk away above this. Projected profit at the ceiling: $49,500 (30% of ARV).

Opening bid $5,227

Room to bid $91,051

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

History-guided suggestion

$34,715

Under max by $61,562

≤ 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 $96,278 — 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 $165,000. 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: $165,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$13,200
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 ~$248/month.: −$2,723
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): −$49,500
Maximum bid: $96,278

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.

22631 Petersburg Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

22631 Petersburg 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