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Distressed Sales — Wilmington, NC

Below-assessment property sales in Wilmington, NC.

Live data
Currently viewing: Wilmington, NC · View nationwide · View all of North Carolina
Distressed sales
97,582
+43.5%
Average discount
+43.5%
Largest single discount
$49,801,887
Most active state
California
Distressed sales
157 results · page 2 of 4
Address City, State Sale date Sale price Prior assessment Assess. yr Discount %
801 Paoli Ct Wilmington, NC Jul 7, 2022 $143,000 $183,300 2021 -22.0%
2202 Barnett Ave Wilmington, NC Jul 6, 2022 $170,000 $219,900 2021 -22.7%
6320 Pigfish Ln Wilmington, NC Jun 7, 2022 $1,700,000 $2,943,700 2021 -42.3%
6512 River Vista Dr Wilmington, NC Jun 7, 2022 $647,000 $1,080,200 2021 -40.1%
329 Preservation Point Ave Wilmington, NC Jun 3, 2022 $99,900 $133,400 2021 -25.1%
320 Preservation Point Ave Wilmington, NC Jun 3, 2022 $189,900 $265,600 2021 -28.5%
308 Preservation Point Ave Wilmington, NC Jun 3, 2022 $189,900 $254,800 2021 -25.5%
7635 Carolina Beach Rd Wilmington, NC May 16, 2022 $160,000 $229,400 2021 -30.3%
701 Arnold Rd Wilmington, NC May 16, 2022 $120,000 $201,700 2021 -40.5%
5417 Myrtle Grove Rd Wilmington, NC May 13, 2022 $1,900,000 $3,308,300 2021 -42.6%
6021 Shiloh Dr Wilmington, NC May 13, 2022 $35,000 $49,100 2021 -28.7%
200 Front St Wilmington, NC May 12, 2022 $550,000 $839,200 2021 -34.5%
3711 New Colony Dr Wilmington, NC May 12, 2022 $120,000 $207,800 2021 -42.3%
106 Sea Shell Ln Wilmington, NC May 4, 2022 $550,000 $746,100 2021 -26.3%
320 Preservation Point Ave Wilmington, NC May 2, 2022 $190,000 $265,600 2021 -28.5%
6263 Ingleside Dr Wilmington, NC Apr 27, 2022 $1,275,000 $1,738,000 2021 -26.6%
1509 Roane Rd Wilmington, NC Apr 21, 2022 $77,000 $121,100 2021 -36.4%
211 McCormick Ln Wilmington, NC Apr 21, 2022 $70,000 $107,900 2021 -35.1%
6315 Strawfield Dr Wilmington, NC Apr 19, 2022 $140,000 $223,600 2021 -37.4%
3606 Leaning Tree Ct Wilmington, NC Apr 18, 2022 $150,000 $198,900 2021 -24.6%
2107 Middle Sound Loop Rd Wilmington, NC Apr 14, 2022 $290,000 $1,503,700 2021 -80.7%
117 15th St Wilmington, NC Apr 12, 2022 $100,000 $149,000 2021 -32.9%
6530 Shire Ln Wilmington, NC Apr 11, 2022 $300,000 $457,000 2021 -34.4%
5921 Saltee Way Wilmington, NC Apr 4, 2022 $45,000 $94,300 2021 -52.3%
5831 Carolina Beach Rd Wilmington, NC Mar 30, 2022 $500,000 $903,300 2021 -44.6%
801 Paoli Ct Wilmington, NC Mar 30, 2022 $60,000 $183,300 2021 -67.3%
8057 Reunion Rd Wilmington, NC Mar 29, 2022 $540,100 $692,400 2021 -22.0%
164 Masonboro Sound Rd Wilmington, NC Mar 23, 2022 $160,000 $798,600 2021 -80.0%
3601 Masonboro Loop Rd Wilmington, NC Mar 23, 2022 $400,000 $557,900 2021 -28.3%
7212 Retriever Dr Wilmington, NC Mar 18, 2022 $60,000 $131,300 2020 -54.3%
5831 Carolina Beach Rd Wilmington, NC Mar 11, 2022 $468,500 $903,300 2021 -48.1%
7635 Carolina Beach Rd Wilmington, NC Mar 4, 2022 $155,000 $229,400 2021 -32.4%
7213 Maple Leaf Dr Wilmington, NC Feb 17, 2022 $105,000 $293,300 2021 -64.2%
223 Londonderry Dr Wilmington, NC Feb 17, 2022 $200,000 $250,100 2021 -20.0%
748 Edgerton Dr Wilmington, NC Feb 15, 2022 $77,000 $100,000 2021 -23.0%
4525 Cove Rd Wilmington, NC Feb 9, 2022 $75,000 $157,000 2021 -52.2%
5831 Carolina Beach Rd Wilmington, NC Feb 7, 2022 $475,000 $903,300 2021 -47.4%
1305 Church St Wilmington, NC Feb 4, 2022 $120,000 $190,200 2021 -36.9%
1002 Cheryl Ln Wilmington, NC Feb 3, 2022 $180,000 $254,400 2021 -29.2%
365 Hanna Dr Wilmington, NC Jan 31, 2022 $120,000 $298,500 2021 -59.8%
7303 Flintrock Ct Wilmington, NC Jan 27, 2022 $138,500 $236,200 2021 -41.4%
801 Paoli Ct Wilmington, NC Jan 8, 2022 $140,000 $183,300 2021 -23.6%
213 Hollins Rd Wilmington, NC Jan 6, 2022 $115,000 $165,400 2021 -30.5%
7323 Myrtle Grove Rd Wilmington, NC Dec 21, 2021 $110,000 $206,900 2020 -46.8%
505 Belhaven Dr Wilmington, NC Dec 1, 2021 $160,000 $321,600 2020 -50.2%
801 Paoli Ct Wilmington, NC Nov 22, 2021 $100,000 $131,800 2020 -24.1%
706 Porters Neck Rd Wilmington, NC Nov 19, 2021 $164,000 $219,900 2020 -25.4%
5831 Carolina Beach Rd Wilmington, NC Nov 10, 2021 $500,000 $830,500 2019 -39.8%
801 Paoli Ct Wilmington, NC Oct 25, 2021 $88,000 $131,800 2020 -33.2%
801 Paoli Ct Wilmington, NC Oct 21, 2021 $88,000 $131,800 2020 -33.2%
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.