29272 SIMAR WASAS RD GREENLAND TOWNSHIP

Michigan

Tax DeedpendingSells Aug 18, 2026 · 25 days ago

View on map ↗

Opening bid

$680

Assessed value

$42,650

Market / AVM

—

Taxes owed

—

Parcel number: 04 201 011 00
Case number: —
Land use: Vacant
Building: —
Acreage: —
Lot size: —
Year built: —
Owner of record: —

Legal description

SEC 1 T50N R38W PAR COMMENCING AT THE SW CORNER OF SOUTH 1/2 OF NW 1/4 OF SW 1/4; TH N 175 FT; TH E 330 FT; TH S 175 FT; TH W 330 FT TO POB. ALSO DESCRIBED AS THE SOUTH 175 FT OF THE WEST 330 FT OF THE NW 1/4 OF SW 1/4. 1.33 A.

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

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: 04 201 011 00
Foreclosures and Delinquent Tax Sales ↗search: 04 201 011 00
Michigan Survey and Plat Records Search ↗search: 04 201 011 00
Google Maps (parcel / address search) ↗

Ontonagon 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
$700
Calhoun County2025-10-31
Owned
$750
Berrien County2025-10-31
Owned
$800
Berrien County2025-10-31
Owned
$800
Bay County2025-10-31
Owned
$550
Bay County2025-10-31
Owned
$550

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.

Deal analysis

Your maximum bid

$48,179

Walk away above this. Projected profit at the ceiling: $25,590 (30% of ARV).

Opening bid $680

Room to bid $47,499

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

History-guided suggestion

$16,210

Under max by $31,968

≤ 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 $48,179 — 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 $42,650 ÷ 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: $85,300
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$6,824
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 ~$128/month.: −$1,407
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): −$25,590
Maximum bid: $48,179

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.

Deal analysis

Your maximum bid

$48,179

Walk away above this. Projected profit at the ceiling: $25,590 (30% of ARV).

Opening bid $680

Room to bid $47,499

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

History-guided suggestion

$16,210

Under max by $31,968

≤ 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 $48,179 — 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: $85,300
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$6,824
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 ~$128/month.: −$1,407
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): −$25,590
Maximum bid: $48,179

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.

County records

Ontonagon County rules

Historical comps

Verify before you bid

County records

Ontonagon County rules

Historical comps

Verify before you bid

AI risk brief