Distressed Sales — Grand Rapids, MI
Below-assessment property sales in Grand Rapids, MI.
Live data
Distressed sales
97,582
+43.5%
Average discount
+43.5%
Largest single discount
$49,801,887
Most active state
California
Distressed sales
5 results · page 1 of 1| Address | City, State | Sale date | Sale price | Prior assessment | Assess. yr | Discount % |
|---|---|---|---|---|---|---|
| 306 Sweet St | Grand Rapids, MI | Oct 3, 2022 | $50,000 | $73,300 | 2021 | -31.8% |
| 1960 Michigan St | Grand Rapids, MI | Aug 17, 2022 | $80,000 | $109,500 | 2021 | -26.9% |
| 410 Sweet St | Grand Rapids, MI | May 18, 2022 | $20,833 | $43,400 | 2021 | -52.0% |
| 642 Neland Ave | Grand Rapids, MI | Mar 2, 2022 | $20,833 | $48,500 | 2021 | -57.0% |
| 2326 Wilson Ave | Grand Rapids, MI | Feb 13, 2020 | $45,000 | $61,000 | 2019 | -26.2% |
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.