24304 Rosebud Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 6 days

View on map ↗

Beds: 3
Baths: 1
SqFt: 981
Lot Size: 5,619
Year Built: 1954
APN: 02-14-30-182-008

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 1 Year 1 Month
Purchase Method: Financed
County: Macomb

Value

Estimated Value: $157,000
County Market Value: $136,000; 2025
Assessed Value: $68,000; 2026

Mortgage & Debt

Open Mortgages: 2
Estimated Balance: $152,192
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2016

Last Sale

Public Record: $155,000; 07/29/2025
MLS: $155,900; 07/07/2026
Document Type: Warranty Deed

Opportunity

Opening Bid: $9,812
Bid / Value: 6%; of $157,000
Property Tax 2025: $3,618; annual bill · not the amount owed
Equity (est.): $0; 0%
Monthly Rent: $1,660; HUD fair market rent (3 bd)
Gross Yield: 12.69%

Opening bid

$9,812

Assessed value

$68,000

Market / AVM

$157,000

Property tax 2025

$3,618

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Joseph Walsh
Mailing Address: 24304 Rosebud Ave, Eastpointe, MI 48021
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 3
Total Bathrooms: 1
Air Conditioning Type: Yes

Deal analysis

Date	Status	Price	Days on Market	Agent	Office
07/29/2025	Closed	$155,900	344	Janis Chiapparo	II Elite Real Estate Services
06/20/2025	Pending	$155,900	71	Janis Chiapparo	II Elite Real Estate Services
06/12/2025	Active	$155,900	63	Janis Chiapparo	II Elite Real Estate Services

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #
07/29/2025	First	$10,000	2nd Mortgage Made To Cover Down Payment	Ruoff Mortgage Company Inc			202500070299
07/29/2025	Second	$152,192	Fha	Ruoff Mortgage Company Inc	360	08/01/2055	202500070297

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #	Open
07/29/2025	Second	$152,192	Fha	Ruoff Mortgage Company Inc	360	08/01/2055	202500070297	Yes
07/29/2025	First	$10,000	2nd Mortgage Made To Cover Down Payment	Ruoff Mortgage Company Inc			202500070299	Yes

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
07/29/2025	08/06/2025	$155,000	Warranty Deed	202500070297	Yes	Financed	Joseph S Walsh	Carl R Hauss, Rudolph C Hauss
10/28/2014	08/17/2020	$9,500	Quit Claim Deed	2096688	No	Cash Purchase	Rudolph C Hauss	Edward A Bittner

Your maximum bid

$91,450

Walk away above this. Projected profit at the ceiling: $47,100 (30% of ARV).

Opening bid $9,812

Room to bid $81,638

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

History-guided suggestion

$35,883

Under max by $55,567

≤ 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 $91,450 — 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 $157,000. 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: $157,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$12,560
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 ~$236/month.: −$2,591
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): −$47,100
Maximum bid: $91,450

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.

24304 Rosebud Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

24304 Rosebud 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

Listing

MLS History

Area

Fair Market Rents

Tax Assessment Information

Open Mortgages

Mortgage History

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid