Distressed Sales — Detroit, MI
Below-assessment property sales in Detroit, MI.
Live data
Distressed sales
265,484
+49.3%
Average discount
+49.3%
Largest single discount
$570,425,100
Most active state
Florida
Distressed sales
7 results · page 1 of 1| Address | City, State | Sale date | Sale price | Prior assessment | Assess. yr | Discount % |
|---|---|---|---|---|---|---|
| 469 Willis St | Detroit, MI | Aug 30, 2022 | $100,000 | $160,200 | 2021 | -37.6% |
| 5907 Iroquois St | Detroit, MI | Apr 5, 2021 | $45,000 | $64,200 | 2020 | -29.9% |
| 5444 Field St | Detroit, MI | Jul 26, 2019 | $15,000 | $25,500 | 2018 | -41.2% |
| 2085 Atkinson St | Detroit, MI | May 23, 2017 | $34,000 | $42,800 | 2016 | -20.6% |
| 18100 Muirland St | Detroit, MI | Apr 20, 2017 | $45,000 | $66,100 | 2016 | -31.9% |
| 1632 Estates Dr | Detroit, MI | Aug 19, 2016 | $25,000 | $32,700 | 2015 | -23.5% |
| 17371 Pennington Dr | Detroit, MI | Jun 22, 2015 | $21,000 | $27,098 | 2014 | -22.5% |
Methodology
A "distressed sale" is defined as a property whose final sale price was at least 20% below its prior-year tax assessment. These often correlate with foreclosures, estate sales, and motivated-seller situations. Investors frequently scan distressed-sale lists for acquisition opportunities.
Source: county deed records and tax-assessment rolls. Data through July 2024.