22031 Firwood Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 4 days

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Beds: 3
Baths: 1
SqFt: 1,526
Lot Size: 5,619
Year Built: 1967
APN: 02-13-36-229-029

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Absentee (Out of State)
Length of Ownership: 10 Years 7 Months
Purchase Method: Financed
County: Macomb

Value

Estimated Value: $187,000
County Market Value: $155,000; 2025
Assessed Value: $77,500; 2026

Mortgage & Debt

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

Last Sale

Public Record: $58,750; 01/19/2016
MLS: $975; 08/30/2023
Document Type: Warranty Deed

Opportunity

Opening Bid: $4,172
Bid / Value: 2%; of $187,000
Property Tax 2025: $2,768; annual bill · not the amount owed
Equity (est.): $187,000; 100%
Monthly Rent: $1,660; HUD fair market rent (3 bd)
Gross Yield: 10.65%
Linked Properties: 3

Opening bid

$4,172

Assessed value

$77,500

Market / AVM

$187,000

Property tax 2025

$2,768

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Property Transactions Llc
Mailing Address: 1325 N Soldano Dr, Azusa, CA 91702
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Bedrooms: 3
Total Bathrooms: 1
Partial Bathrooms: 2

Deal analysis

Date	Status	Price	Days on Market	Agent	Office
08/30/2023	Closed	$975	3,613	RICHMOND INGER	GLOBAL REALTY, LLC

Recorded	Amount	Lender	Open
02/26/2016	$52,300	Not Provided	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
01/19/2016	02/26/2016	$58,750	Warranty Deed	6021357	Yes	Financed	Property Transactions Llc	Buy Right Properties Llc, Nick Savocchia
07/27/2011	08/24/2011	$668,384	Quit Claim Deed	1196085	No	Cash Purchase	Buy Right Properties Llc	Ted B Wahby

Your maximum bid

$109,555

Walk away above this. Projected profit at the ceiling: $56,100 (30% of ARV).

Opening bid $4,172

Room to bid $105,382

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

History-guided suggestion

$38,437

Under max by $71,117

≤ 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 $109,555 — 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 $187,000. 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: $187,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$14,960
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 ~$281/month.: −$3,086
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): −$56,100
Maximum bid: $109,555

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.

22031 Firwood Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

22031 Firwood 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

First Mortgage Information

Distress Flags

Listing

MLS History

Area

Fair Market Rents

Tax Assessment Information

Mortgage History

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid