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Distressed Sales — Virginia Real Estate

Below-assessment property sales across Virginia.

Live data
Currently viewing: Virginia · View nationwide
Distressed sales
97,582
+43.5%
Average discount
+43.5%
Largest single discount
$49,801,887
Most active state
California
Distressed sales
4,613 results · page 25 of 93
Address City, State Sale date Sale price Prior assessment Assess. yr Discount %
Sand Wedge Cir Penhook, VA Feb 24, 2023 $15,000 $24,000 2022 -37.5%
646 Washington St Petersburg, VA Feb 23, 2023 $25,000 $38,900 2022 -35.7%
648 Washington St Petersburg, VA Feb 23, 2023 $25,000 $38,900 2022 -35.7%
1935 Shavers Ford Rd Jonesville, VA Feb 23, 2023 $50,000 $65,000 2022 -23.1%
3410 Nelson St Portsmouth, VA Feb 23, 2023 $110,000 $139,720 2021 -21.3%
Brice Hollow Rd Goochland, VA Feb 22, 2023 $35,000 $62,600 2022 -44.1%
13111 Nokesville Rd Nokesville, VA Feb 22, 2023 $650,000 $2,817,400 2022 -76.9%
5630 Cartersville Rd Powhatan, VA Feb 22, 2023 $30,000 $44,100 2022 -32.0%
2526 Indian Creek Rd Cedar Bluff, VA Feb 21, 2023 $22,000 $28,800 2022 -23.6%
495 Old Kings Hwy Drakes Branch, VA Feb 17, 2023 $52,000 $73,079 2022 -28.8%
3363 Riverside Dr Lanexa, VA Feb 17, 2023 $40,000 $51,800 2022 -22.8%
3925 Maidens Rd Powhatan, VA Feb 17, 2023 $50,000 $67,800 2022 -26.3%
115 Mallard Dr Suffolk, VA Feb 16, 2023 $152,700 $208,000 2022 -26.6%
573 Garren Ave Norfolk, VA Feb 16, 2023 $176,000 $228,700 2022 -23.0%
4514 Denver Ave Norfolk, VA Feb 16, 2023 $166,896 $228,200 2022 -26.9%
3635 Traveler Rd Rockingham, VA Feb 16, 2023 $90,000 $115,000 2022 -21.7%
640 Villa Deste Dr Charlottesville, VA Feb 15, 2023 $1,657,000 $2,654,400 2022 -37.6%
2651 Lee Hwy Glasgow, VA Feb 15, 2023 $56,500 $343,800 2022 -83.6%
187 Eagle Ridge Dr Jonesville, VA Feb 15, 2023 $55,000 $73,900 2022 -25.6%
866 Grapevine Rd Sandston, VA Feb 15, 2023 $199,900 $251,700 2022 -20.6%
2326 Stillhouse Creek Rd Afton, VA Feb 14, 2023 $335,000 $561,600 2022 -40.3%
18291 Courthouse Rd Yale, VA Feb 14, 2023 $121,800 $219,700 2022 -44.6%
5010 Norris Run Rd Blacksburg, VA Feb 13, 2023 $190,000 $345,400 2022 -45.0%
34 Sharon Ct Hampton, VA Feb 13, 2023 $123,081 $154,200 2022 -20.2%
2604 Jackson Dr Haymarket, VA Feb 13, 2023 $35,500 $45,400 2022 -21.8%
100 Red Berkshire Williamsburg, VA Feb 13, 2023 $17,000 $75,000 2022 -77.3%
309 Timber Rd Barren Springs, VA Feb 10, 2023 $95,000 $146,700 2022 -35.2%
112 Rice St Berryville, VA Feb 10, 2023 $159,399 $250,200 2022 -36.3%
Waterside Dr Moneta, VA Feb 10, 2023 $18,500 $40,000 2022 -53.8%
6186 Trents Mill Rd Dillwyn, VA Feb 8, 2023 $30,000 $43,000 2022 -30.2%
1832 Palmyra Church Rd Edinburg, VA Feb 8, 2023 $215,000 $737,100 2022 -70.8%
124 Albany Dr Hampton, VA Feb 7, 2023 $169,100 $214,900 2022 -21.3%
6200 Heritage Rd Prince George, VA Feb 7, 2023 $110,000 $145,500 2022 -24.4%
524 Greenbrier Dr Saltville, VA Feb 7, 2023 $93,333 $221,200 2022 -57.8%
22 Bakers Walk Alexandria, VA Feb 6, 2023 $1,295,000 $1,686,000 2022 -23.2%
5398 Summit Dr Fairfax, VA Feb 6, 2023 $525,000 $663,670 2022 -20.9%
12122 Allen Ave King George, VA Feb 6, 2023 $212,501 $282,600 2022 -24.8%
404 Grant St Galax, VA Feb 3, 2023 $35,000 $44,900 2022 -22.0%
Callies Way Goochland, VA Feb 3, 2023 $31,000 $51,000 2022 -39.2%
122 Edison Ave Portsmouth, VA Feb 3, 2023 $110,000 $164,960 2022 -33.3%
729 Oak St Franklin, VA Feb 2, 2023 $54,000 $71,300 2022 -24.3%
10263 Robious Rd Richmond, VA Feb 2, 2023 $50,000 $164,500 2022 -69.6%
933 Wolcott Ave Norfolk, VA Feb 2, 2023 $222,000 $284,400 2022 -21.9%
3304 Clayborne Ave Alexandria, VA Jan 31, 2023 $475,000 $683,140 2022 -30.5%
2238 James Dr Hayes, VA Jan 31, 2023 $368,421 $483,140 2022 -23.7%
8 Leisure Ct Palmyra, VA Jan 31, 2023 $200,900 $339,200 2022 -40.8%
315 Tareyton Ln Portsmouth, VA Jan 31, 2023 $145,000 $185,690 2022 -21.9%
1202 Matoaka St Norfolk, VA Jan 30, 2023 $450,000 $563,600 2022 -20.2%
1709 Ann St Portsmouth, VA Jan 30, 2023 $159,125 $204,830 2022 -22.3%
295 Mount Carmel Rd Rocky Mount, VA Jan 30, 2023 $49,000 $97,200 2022 -49.6%
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.