5839 LEISURE SOUTH DR SE KENTWOOD

KENTWOOD, Michigan, 49548

Tax DeedpendingSells Aug 26, 2026 · 17 days ago

View on map ↗

Opening bid

$21,338

Assessed value

$72,200

Market / AVM

—

Taxes owed

—

Parcel number: 41-18-31-429-314
Case number: —
Land use: Vacant
Building: —
Acreage: —
Lot size: —
Year built: —
Owner of record: —

Legal description

UNIT NO.164 * LEISURE SOUTH CONDOMINIUMS KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.51 LIBER 2294 PAGE 976 AS AMENDED BY LIBER 2295 PAGE 275 & AS AMENDED BY REPLAT NO.1 OF KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.51 LIBER 2317 PAGE 956 & AS AMENDED BY REPLAT NO.2 OF KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.51 LIBER 2345 PAGE 1227 & AS AMENDED BY REPLAT NO.3 OF KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.51 LIBER 2389 PAGE 1247 & AS AMENDED BY REPLAT NO.4 OF KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.51 LIBER 2424 PAGE 947 & AS AMENDED BY REPLAT NO.5 OF KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.51 LIBER 2461 PAGE 585 & AS CONSOLIDATED BY REPLAT NO.6 OF KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.51 LIBER 2782 PAGE 877

Property facts enriched via mi-taxsaleinfo-sev · 8/1/2026

Aerial view of 5839 LEISURE SOUTH DR SE KENTWOOD — the parcel — Aerial imagery from the USGS National Map. Flown on a multi-year cycle — it shows the site as photographed, which may predate clearing, construction or demolition. Not evidence of current condition.

Aerial view of 5839 LEISURE SOUTH DR SE KENTWOOD — what is around it — Aerial imagery from the USGS National Map. Flown on a multi-year cycle — it shows the site as photographed, which may predate clearing, construction or demolition. Not evidence of current condition.

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Nothing adverse found within range of this parcel.

Context

Watercourse (3 nearby)928 ft from parcel centre
Frontage or flood exposure depending on elevation and zone — read this next to the FEMA signal, not on its own.
FEMA flood zone X
Outside the 1% annual chance floodplain.
0% of homes vacant year-round in Census Tract 129.02
0 of 1,984 units vacant year-round, around or below the national tract average.
Tract median home value $153,700
Self-reported median across the whole tract — context for whether a number is plausible, not a comparable and never a bid input.
Median household income $64,130
Tract median household income. Sets what a local buyer can finance.

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: 41-18-31-429-314
Assessor Records ↗search: 41-18-31-429-314
Foreclosures and Delinquent Tax Sales ↗search: 41-18-31-429-314
Recorded Document Search ↗search: 41-18-31-429-314
Michigan Survey and Plat Records Search ↗search: 41-18-31-429-314
Google Maps (parcel / address search) ↗

Kent 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: —

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

Liens that survive

Circuit court foreclosure is intended to convey free of most prior liens, but federal tax liens and some interests may survive. Special assessments, environmental/demo status, and occupancy create practical risk.

Quiet title

Judgment of foreclosure is the primary clearing step; some insurers still require quiet title or extended review on tax-foreclosed 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.

Kent County Treasurer — Auction / Delinquent Property Tax ↗

Deal analysis

Your maximum bid

$83,845

Walk away above this. Projected profit at the ceiling: $43,320 (30% of ARV).

Opening bid $21,338

Room to bid $62,508

Confidence: medium — ARV derived from assessed value, not comps.

History-guided suggestion

$40,304

Under max by $43,541

≤ 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 $83,845 — 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

Assessed $72,200 ÷ 0.5 assessment ratio. Michigan state equalized value is 50% of true cash value by constitution (Mich. Const. art. IX, § 3); taxable value may be lower still. The SEV published with these auction listings is taken from the delinquent tax year that was foreclosed upon, so it is typically several years stale — in a rising market it understates current value, and in a falling one it overstates it.

After-repair value: $144,400
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,552
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 ~$217/month.: −$2,383
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): −$43,320
Maximum bid: $83,845

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.

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Nothing adverse found within range of this parcel.

Context

Watercourse (3 nearby)928 ft from parcel centre

Frontage or flood exposure depending on elevation and zone — read this next to the FEMA signal, not on its own.

FEMA flood zone X

Outside the 1% annual chance floodplain.

0% of homes vacant year-round in Census Tract 129.02

0 of 1,984 units vacant year-round, around or below the national tract average.

Tract median home value $153,700

Self-reported median across the whole tract — context for whether a number is plausible, not a comparable and never a bid input.

Median household income $64,130

Tract median household income. Sets what a local buyer can finance.

Deal analysis

Your maximum bid

$83,845

Walk away above this. Projected profit at the ceiling: $43,320 (30% of ARV).

Opening bid $21,338

Room to bid $62,508

Confidence: medium — ARV derived from assessed value, not comps.

History-guided suggestion

$40,304

Under max by $43,541

≤ 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 $83,845 — 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

After-repair value: $144,400
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,552
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 ~$217/month.: −$2,383
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): −$43,320
Maximum bid: $83,845

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.

Site & surroundings

Context

County records

Kent County rules

Historical comps

Verify before you bid

Site & surroundings

Context

County records

Kent County rules

Historical comps

Verify before you bid

AI risk brief