22727 Rein Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 5 days

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Baths: 3
SqFt: 2,721
Lot Size: 8,720
Year Built: 1922
APN: 02-14-30-478-038

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Absentee (In State)
Length of Ownership: 1 Year 6 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $228,000
County Market Value: $253,600; 2025
Assessed Value: $126,800; 2026

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $180,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2017

Last Sale

Public Record: $115,000; 12/30/2024
Document Type: Warranty Deed

Opportunity

Opening Bid: $2,567
Bid / Value: 1%; of $228,000
Property Tax 2025: $9,270; annual bill · not the amount owed
Equity (est.): $49,569; 21%

Opening bid

$2,567

Assessed value

$126,800

Market / AVM

$228,000

Property tax 2025

$9,270

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Oryx Horn Iv Llc
Mailing Address: 100 W Big Beaver Rd, Troy, MI 48084
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Total Bathrooms: 3
Partial Bathrooms: 1
Heating Type: Forced Air Unit

Deal analysis

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #
03/11/2026	First	$180,000	Conventional	Cornerstone First Mortgage Inc	360	04/01/2056	202600021713

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #	Open
03/11/2026	First	$180,000	Conventional	Cornerstone First Mortgage Inc	360	04/01/2056	202600021713	Yes

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
12/30/2024	12/30/2024	$115,000	Warranty Deed	202400106314	Yes	Cash Purchase	Sarahs Midwest Holdings Corp Llc	Matthew Plunkard
12/16/2024	03/05/2025		Warranty Deed	202500017158	No	Cash Purchase	Oryx Horn Iv Llc	Sarahs Midwest Holdings Corporatioc
08/31/2023	09/06/2023		Quit Claim Deed	202300076003	No

Your maximum bid

$134,298

Walk away above this. Projected profit at the ceiling: $68,400 (30% of ARV).

Opening bid $2,567

Room to bid $131,731

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

History-guided suggestion

$45,590

Under max by $88,708

≤ 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 $134,298 — 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 $228,000. 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: $228,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$18,240
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 ~$342/month.: −$3,762
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): −$68,400
Maximum bid: $134,298

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.

22727 Rein Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

22727 Rein 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

Open Mortgages

Mortgage History

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid