20947 Beechwood Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 5 days

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Beds: 3
Baths: 1
SqFt: 1,039
Lot Size: 4,792
Year Built: 1942
APN: 02-13-36-455-041

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 2 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $96,000
County Market Value: $103,400; 2025
Assessed Value: $51,700; 2026

Mortgage & Debt

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

Last Sale

Public Record: $97,500; 06/30/2026
MLS: $114,999; 07/01/2026
Document Type: Warranty Deed

Opportunity

Opening Bid: $5,502
Bid / Value: 6%; of $96,000
Property Tax 2025: $3,789; annual bill · not the amount owed
Equity (est.): $96,000; 100%
Monthly Rent: $1,660; Suggested rent
Gross Yield: 20.75%

Opening bid

$5,502

Assessed value

$51,700

Market / AVM

$96,000

Property tax 2025

$3,789

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Terry Cover
Mailing Address: 20947 Beechwood Ave, Eastpointe, MI 48021
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 3
Total Bathrooms: 1
Partial Bathrooms: 1

Deal analysis

Date	Status	Price	Days on Market	Agent	Office
06/30/2026	Closed	$114,999	112	Bryan Harman	Propel Property Management
06/30/2026	Pending	$114,999	1	Bryan Harman	Propel Property Management
02/16/2025	Closed	$110,000	488	Avrohom Knopf	Max Broock, REALTORSÂ®
03/24/2023	Off Market	$110,000	218	Avrohom Knopf	Max Broock
03/31/2023	Pending	$110,000	306	Avrohom Knopf	Max Broock
03/24/2023	Active	$110,000	222	Avrohom Knopf	Max Broock
02/03/2023	Off Market	$119,900	169	Albert Hakim	Re/Max First
08/19/2022	Active	$119,900	173	Albert Hakim	Re/Max First

School	Type	Grades	Rating	Enrollment
Crescentwood Elementary School	Public	K-2	0	259
Kelly Middle School	Public	6-8	2	579
East Detroit High School	Public	9-12	3	860

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
06/30/2026	07/08/2026	$97,500	Warranty Deed	202600064765	Yes	Cash Purchase	Terry Cover	Willow Creek Land Holdings Inc
04/28/2023	05/09/2023	$113,000	Warranty Deed	202300042011	Yes	Cash Purchase	Willow Creek Land Holdings Inc	Farkas Investments Llc
08/31/2021	10/13/2021	$62,500	Warranty Deed	202102250846	Yes	Cash Purchase	Farkas Investments Llc	Woj Llc, Brian Campbell
07/20/2012	08/10/2012	$38,500	Warranty Deed	2111073	Yes	Cash Purchase	Woj Llc	Mark A Fuga, Deborah Therese Fuga
04/28/2011	05/09/2011	$84,087	Sheriffs Deed	1158154	Yes	Cash Purchase	Federal National Mortgage Association	James Paluzzi
09/27/2005	10/13/2005	$76,000	Other	5184647	Yes	Cash Purchase	James Paluzzi	Deutsche Bank National Trust Co
01/28/2005	02/04/2005	$89,250	Sheriffs Deed	5023160	Yes	Cash Purchase	Deutsche Bank National Trust Co	Curtis G Ostrolencki, Kristina Ostrolencki
06/17/2004	06/30/2004		Intrafamily Transfer	4150589	No	Cash Purchase	Curtis G Ostrolencki, Christy Ostrolencki	Curtis G Ostrolencki

Your maximum bid

$54,636

Walk away above this. Projected profit at the ceiling: $28,800 (30% of ARV).

Opening bid $5,502

Room to bid $49,134

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

History-guided suggestion

$21,222

Under max by $33,414

≤ 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 $54,636 — 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 $96,000. 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: $96,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$7,680
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 ~$144/month.: −$1,584
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): −$28,800
Maximum bid: $54,636

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.

20947 Beechwood Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

20947 Beechwood 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

Schools

Tax Assessment Information

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid