24859 Valley Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 5 days

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Beds: 3
Baths: 1
SqFt: 1,161
Lot Size: 5,685
Year Built: 1949
APN: 02-14-30-101-030

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 4 Years 4 Months
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $130,000
County Market Value: $129,000; 2025
Assessed Value: $64,500; 2026

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $40,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Document Type: Intrafamily Transfer

Opportunity

Opening Bid: $3,202
Bid / Value: 2%; of $130,000
Property Tax 2025: $3,277; annual bill · not the amount owed
Equity (est.): $102,258; 78%
Monthly Rent: $1,660; Suggested rent
Gross Yield: 15.32%
Linked Properties: 2

Opening bid

$3,202

Assessed value

$64,500

Market / AVM

$130,000

Property tax 2025

$3,277

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Gary Bargy
Mailing Address: 24859 Valley Ave, Eastpointe, MI 48021
Owner Type: Individual
Corporate Owned: No

Property Characteristics

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

Deal analysis

Recorded	Position	Amount	Type	Lender	Rate	Doc #
03/30/2012	First	$40,000	Seller Carryback / Seller Financing / Seller Take-Back	Toma Gjonaj	4.99%	2046794

Recorded	Position	Amount	Type	Lender	Rate	Doc #	Open
03/30/2012	First	$40,000	Seller Carryback / Seller Financing / Seller Take-Back	Toma Gjonaj	4.99%	2046794	Yes

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
04/15/2022	05/16/2022		Intrafamily Transfer	202200065065	No	Cash Purchase	Gary Bargy	Joma Gjouat
03/30/2012	03/30/2012	$50,000	Land Contract	2046794	Yes	Financed	Gary Gerald Bargy Jr	Toma Gjonaj
02/15/2012	02/15/2012		Intrafamily Transfer	2018242	No	Cash Purchase

Your maximum bid

$75,155

Walk away above this. Projected profit at the ceiling: $39,000 (30% of ARV).

Opening bid $3,202

Room to bid $71,953

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

History-guided suggestion

$26,572

Under max by $48,583

≤ 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 $75,155 — 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 $130,000. 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: $130,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$10,400
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 ~$195/month.: −$2,145
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): −$39,000
Maximum bid: $75,155

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.

24859 Valley Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

24859 Valley 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

Area

Fair Market Rents

Tax Assessment Information

Open Mortgages

Mortgage History

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid