543 Drummond Rd

Gladwin, Michigan, 48624

Tax DeedpendingSells Aug 3, 2026 · 68 days ago

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Beds: 1
Baths: 1
SqFt: 0
Lot Size: 369,389
APN: 070-010-300-010-00

Property Type: Other
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Absentee (In State)
County: Gladwin

Value

Estimated Value: $154,000
County Market Value: $109,200; 2024
Assessed Value: $54,600; 2025

Mortgage & Debt

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

Last Sale

MLS: $85,900; 06/30/2026

Opportunity

Opening Bid: $47,755
Bid / Value: 31%; of $154,000
Property Tax 2024: $2,191; annual bill · not the amount owed
Equity (est.): $154,000; 100%
Linked Properties: 9

Opening bid

$47,755

Assessed value

$54,600

Land $0Improvement $54,600

Market / AVM

$154,000

Property tax 2024

$2,191

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 8/25/2026

Ownership Information

Owner 1 Name: Mandy Oneil
Mailing Address: 17421 N Nunneley Rd, Clinton Township, MI 48036
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 1
Total Bathrooms: 1
Basement

Deal analysis

Date	Status	Price	Days on Market	Agent	Office
06/30/2026	Closed	$85,900	1	NON MEMBER NON MEMBER	NONMEMBER

Your maximum bid

$89,639

Walk away above this. Projected profit at the ceiling: $46,200 (30% of ARV).

Opening bid $47,755

Room to bid $41,884

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

History-guided suggestion

$58,054

Under max by $31,585

≤ 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 $89,639 — 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 $154,000. 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: $154,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$12,320
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 ~$231/month.: −$2,541
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): −$46,200
Maximum bid: $89,639

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.

543 Drummond Rd

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

543 Drummond Rd

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Land/Location Information

Legal Description

Tax Assessment Information

Distress Flags

Listing

MLS History

Tax Assessment Information

County records

Gladwin County rules

Historical comps

Verify before you bid