Distressed Sales — Reno, NV
Below-assessment property sales in Reno, NV.
Live data
Distressed sales
97,582
+43.5%
Average discount
+43.5%
Largest single discount
$49,801,887
Most active state
California
Distressed sales
3 results · page 1 of 1| Address | City, State | Sale date | Sale price | Prior assessment | Assess. yr | Discount % |
|---|---|---|---|---|---|---|
| 173 Martin St | Reno, NV | Aug 19, 2022 | $75,000 | $106,799 | 2021 | -29.8% |
| 2415 Montego Dr | Reno, NV | Aug 12, 2022 | $64,000 | $82,422 | 2021 | -22.4% |
| 7455 Geiger Grade Rd | Reno, NV | Jun 23, 2022 | $90,250 | $122,766 | 2021 | -26.5% |
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.