1299 ELK CT TRAVERSE CITY

TRAVERSE CITY, Michigan, 49696

Tax DeedpendingSells Aug 27, 2026 · 16 days ago

View on map ↗

Opening bid

—

Assessed value

$11,000

Market / AVM

—

Taxes owed

—

Parcel number: 03-725-012-00
Case number: —
Land use: Vacant
Building: —
Acreage: —
Lot size: —
Year built: —
Owner of record: —

Legal description

UNIT 12 SHARKEY HILLS CONDOMINIUM SEC 7 T26N R10W

Property facts enriched via mi-taxsaleinfo-sev · 8/1/2026

Aerial view of 1299 ELK CT TRAVERSE CITY — the parcel — Aerial imagery from the USGS National Map. Flown on a multi-year cycle — it shows the site as photographed, which may predate clearing, construction or demolition. Not evidence of current condition.

Aerial view of 1299 ELK CT TRAVERSE CITY — what is around it — Aerial imagery from the USGS National Map. Flown on a multi-year cycle — it shows the site as photographed, which may predate clearing, construction or demolition. Not evidence of current condition.

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Sloped ground — about 8.2% grade
Gentle grade — a stepped foundation or some cut and fill on a build.

Context

FEMA flood zone X
Outside the 1% annual chance floodplain.
0% of homes vacant year-round in Census Tract 5506.01
0 of 1,092 units vacant year-round, around or below the national tract average. A further 137 unit(s) are vacant seasonally — second homes rather than distress — so a headline vacancy rate quoted elsewhere for this tract will read 13%.
Tract median home value $351,000
Self-reported median across the whole tract — context for whether a number is plausible, not a comparable and never a bid input.
Median household income $114,021
Tract median household income. Sets what a local buyer can finance.

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Michigan property search (BS&A / county) ↗search: 03-725-012-00
Property Tax Search ↗search: 03-725-012-00
Foreclosures and Delinquent Tax Sales ↗search: 03-725-012-00
Recorded Document Search ↗search: 03-725-012-00
Michigan Survey and Plat Records Search ↗search: 03-725-012-00
Google Maps (parcel / address search) ↗

Grand Traverse County rules

Sale type: Tax Deed
Redemption: Forfeiture/foreclosure process ends redemption rights before auction (roughly 2 years of delinquency)
Return if redeemed: N/A — outright deed transfer
Statute: Michigan Compiled Laws §211.78 et seq.

Full county profile →

Historical comps

17156 recorded outcomes in MI|Tax Deed (17156 with winning bid).

Sample size: 17,156
p(redeem) prior: 2%
Median sold: $3,900
Med bid/assessed: —

Bay County2025-10-31
Owned
$550
Bay County2025-10-31
Owned
$550
Bay County2025-10-31
Owned
$550
Bay County2025-10-31
Owned
$550
Bay County2025-10-31
Owned
$700
Berrien County2025-10-31
Owned
$850

Liens that survive

Foreclosure judgment aims to clear most prior private liens; federal liens can survive. Special assessments and association dues need local verification in resort townships.

Quiet title

Often still pursued for insurable title on desirable Traverse City-area tax-foreclosed parcels.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Grand Traverse County Treasurer — Delinquent Taxes / Available Properties ↗

Deal analysis

Your maximum bid

$9,515

Walk away above this. Projected profit at the ceiling: $6,600 (30% of ARV).

Confidence: medium — ARV derived from assessed value, not comps.

History-guided suggestion

$7,802

Under max by $1,713

≤ 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 $9,515 — 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

Assessed $11,000 ÷ 0.5 assessment ratio. Michigan state equalized value is 50% of true cash value by constitution (Mich. Const. art. IX, § 3); taxable value may be lower still. The SEV published with these auction listings is taken from the delinquent tax year that was foreclosed upon, so it is typically several years stale — in a rising market it understates current value, and in a falling one it overstates it.

After-repair value: $22,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$1,760
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 ~$75/month.: −$825
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): −$6,600
Maximum bid: $9,515

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.

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Sloped ground — about 8.2% grade

Gentle grade — a stepped foundation or some cut and fill on a build.

Context

FEMA flood zone X

Outside the 1% annual chance floodplain.

0% of homes vacant year-round in Census Tract 5506.01

0 of 1,092 units vacant year-round, around or below the national tract average. A further 137 unit(s) are vacant seasonally — second homes rather than distress — so a headline vacancy rate quoted elsewhere for this tract will read 13%.

Tract median home value $351,000

Self-reported median across the whole tract — context for whether a number is plausible, not a comparable and never a bid input.

Median household income $114,021

Tract median household income. Sets what a local buyer can finance.

Deal analysis

Your maximum bid

$9,515

Walk away above this. Projected profit at the ceiling: $6,600 (30% of ARV).

Confidence: medium — ARV derived from assessed value, not comps.

History-guided suggestion

$7,802

Under max by $1,713

≤ 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 $9,515 — 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

After-repair value: $22,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$1,760
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 ~$75/month.: −$825
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): −$6,600
Maximum bid: $9,515

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.

Site & surroundings

Context

County records

Grand Traverse County rules

Historical comps

Verify before you bid

Site & surroundings

Context

County records

Grand Traverse County rules

Historical comps

Verify before you bid

AI risk brief