24899 Wilmot Ave

Eastpointe, Michigan, 48021

Tax DeedpendingSells Oct 14, 2026 · in 5 days

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Beds: 2
Baths: 1
SqFt: 1,162
Lot Size: 5,097
Year Built: 1947
APN: 02-14-29-201-022

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 14 Years
Purchase Method: Cash Purchase
County: Macomb

Value

Estimated Value: $149,000
County Market Value: $124,600; 2025
Assessed Value: $62,300; 2026

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2016

Last Sale

Public Record: $16,400; 09/18/2012
Document Type: Warranty Deed

Opportunity

Opening Bid: $7,828
Bid / Value: 5%; of $149,000
Property Tax 2025: $3,581; annual bill · not the amount owed
Equity (est.): $149,000; 100%
Monthly Rent: $1,330; Suggested rent
Gross Yield: 10.71%

Opening bid

$7,828

Assessed value

$62,300

Market / AVM

$149,000

Property tax 2025

$3,581

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Nicole Nice
Mailing Address: 24899 Wilmot Ave, Eastpointe, MI 48021
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Rooms: 6
Bedrooms: 2
Total Bathrooms: 1

Deal analysis

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
09/18/2012	09/26/2012	$16,400	Warranty Deed	2130325	Yes	Cash Purchase	Nicole Nice
02/23/2012	02/24/2012	$24,000	Intrafamily Transfer	2021631	No	Cash Purchase	Keith Allen Fusinski	Kelly Fusinski
03/21/2002	03/29/2002	$96,000	Deed		Yes	Financed	Keith A Fusinski	Kathleen M Pascoe
07/29/1997	08/14/1997	$72,700	Deed		Yes	Cash Purchase	K Pascoe	J & N Upton

Your maximum bid

$86,622

Walk away above this. Projected profit at the ceiling: $44,700 (30% of ARV).

Opening bid $7,828

Room to bid $78,794

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

History-guided suggestion

$33,108

Under max by $53,513

≤ 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 $86,622 — 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 $149,000. 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: $149,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,920
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 ~$224/month.: −$2,459
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): −$44,700
Maximum bid: $86,622

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.

24899 Wilmot Ave

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

24899 Wilmot 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

Sale History

County records

Macomb County rules

Historical comps

Verify before you bid