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Distressed Sales — Rhode Island Real Estate

Below-assessment property sales across Rhode Island.

Live data
Currently viewing: Rhode Island · View nationwide
Distressed sales
97,582
+43.5%
Average discount
+43.5%
Largest single discount
$49,801,887
Most active state
California
Distressed sales
413 results · page 9 of 9
Address City, State Sale date Sale price Prior assessment Assess. yr Discount %
68 Quaker Dr West Warwick, RI Mar 16, 2020 $150,000 $207,300 2019 -27.6%
14 David Dr Cranston, RI Mar 16, 2020 $250,000 $329,200 2019 -24.1%
24 Jefferson Ave Pawtucket, RI Mar 6, 2020 $165,000 $225,900 2019 -27.0%
494 Woonasquatucket Ave North Providence, RI Mar 6, 2020 $149,000 $188,000 2017 -20.7%
42 High St Bristol, RI Feb 18, 2020 $215,000 $279,600 2019 -23.1%
33 Ocean Ave Block Island, RI Feb 11, 2020 $302,500 $410,160 2019 -26.2%
1008 South Rd East Greenwich, RI Feb 5, 2020 $302,000 $433,854 2019 -30.4%
1375 Louisquissett Pike North Providence, RI Feb 5, 2020 $191,500 $322,800 2017 -40.7%
71 Pinecrest Dr Pawtucket, RI Jan 31, 2020 $107,000 $213,700 2019 -49.9%
45 Old Greenville Rd North Smithfield, RI Jan 30, 2020 $75,000 $95,200 2019 -21.2%
111 Berkley Ave Portsmouth, RI Jan 24, 2020 $118,000 $153,500 2019 -23.1%
450 Poppasquash Rd Bristol, RI Jan 17, 2020 $1,862,500 $3,517,900 2019 -47.1%
1780 Nooseneck Hill Rd Coventry, RI Jan 10, 2020 $133,000 $168,300 2019 -21.0%
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.