Distressed Sales — Charlotte, NC
Below-assessment property sales in Charlotte, NC.
Live data
Distressed sales
98,500
+43.6%
Average discount
+43.6%
Largest single discount
$49,801,887
Most active state
California
Distressed sales
119 results · page 3 of 3| Address | City, State | Sale date | Sale price | Prior assessment | Assess. yr | Discount % |
|---|---|---|---|---|---|---|
| 611 Park Ave | Charlotte, NC | Jun 15, 2020 | $190,000 | $277,800 | 2019 | -31.6% |
| 8317 Peyton Randolph Dr | Charlotte, NC | Jun 9, 2020 | $410,000 | $525,100 | 2019 | -21.9% |
| 1021 Lundy Ln | Charlotte, NC | May 27, 2020 | $100,000 | $128,300 | 2019 | -22.1% |
| 4420 Glenwood Dr | Charlotte, NC | May 26, 2020 | $60,000 | $89,700 | 2019 | -33.1% |
| 3021 Overbrook Ter | Charlotte, NC | May 5, 2020 | $116,000 | $202,900 | 2019 | -42.8% |
| 3832 Langley Rd | Charlotte, NC | Apr 2, 2020 | $127,500 | $178,100 | 2019 | -28.4% |
| 9915 Nicole Ln | Charlotte, NC | Mar 18, 2020 | $120,000 | $318,940 | 2019 | -62.4% |
| 5620 Cambridge Bay Dr | Charlotte, NC | Mar 16, 2020 | $75,000 | $239,500 | 2019 | -68.7% |
| 415 Dover Ave | Charlotte, NC | Mar 6, 2020 | $250,000 | $352,400 | 2019 | -29.1% |
| 513 Morningside Rd | Charlotte, NC | Mar 6, 2020 | $27,000 | $52,100 | 2019 | -48.2% |
| 6728 Kemp St | Charlotte, NC | Mar 4, 2020 | $100,000 | $182,600 | 2019 | -45.2% |
| 9116 Bellhaven Blvd | Charlotte, NC | Feb 7, 2020 | $60,000 | $97,400 | 2019 | -38.4% |
| 13641 Coram Pl | Charlotte, NC | Feb 3, 2020 | $125,000 | $228,500 | 2019 | -45.3% |
| 605 Pinoca Rd | Charlotte, NC | Feb 3, 2020 | $113,000 | $141,600 | 2019 | -20.2% |
| 851 Woodside Ave | Charlotte, NC | Jan 31, 2020 | $250,000 | $335,500 | 2019 | -25.5% |
| 2720 Kendrick Dr | Charlotte, NC | Jan 31, 2020 | $22,000 | $51,000 | 2019 | -56.9% |
| 1642 Washington Ave | Charlotte, NC | Jan 28, 2020 | $120,000 | $158,700 | 2019 | -24.4% |
| 14518 Crest Ct | Charlotte, NC | Jan 22, 2020 | $320,000 | $426,100 | 2019 | -24.9% |
| 2640 Shenandoah Ave | Charlotte, NC | Jan 3, 2020 | $280,000 | $408,400 | 2019 | -31.4% |
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.