Distressed Sales — Virginia Real Estate
Below-assessment property sales across Virginia.
Live data
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 93 of 93| Address | City, State | Sale date | Sale price | Prior assessment | Assess. yr | Discount % |
|---|---|---|---|---|---|---|
| 119 Battle Mountain Rd | Amissville, VA | Jan 8, 2020 | $162,050 | $358,500 | 2019 | -54.8% |
| 974 Red Oak Cir | Newport News, VA | Jan 8, 2020 | $70,000 | $186,000 | 2019 | -62.4% |
| 1204 Owl Ct | Virginia Beach, VA | Jan 7, 2020 | $100,000 | $143,300 | 2019 | -30.2% |
| 2245 Cedar Ave | Buena Vista, VA | Jan 6, 2020 | $70,000 | $113,600 | 2019 | -38.4% |
| 409 Beech Dr | Newport News, VA | Jan 6, 2020 | $70,000 | $151,400 | 2019 | -53.8% |
| 6246 Chesapeake Blvd | Norfolk, VA | Jan 6, 2020 | $50,000 | $122,900 | 2019 | -59.3% |
| 1019 Hanover Ave | Roanoke, VA | Jan 6, 2020 | $29,950 | $56,300 | 2019 | -46.8% |
| 1144 York Ln | Virginia Beach, VA | Jan 3, 2020 | $675,000 | $910,200 | 2019 | -25.8% |
| 615 Water Lilly Rd | Portsmouth, VA | Jan 3, 2020 | $210,000 | $283,540 | 2019 | -25.9% |
| 2266 High Rock Rd | Cumberland, VA | Jan 2, 2020 | $406,800 | $652,700 | 2019 | -37.7% |
| 423 Benthall Rd | Hampton, VA | Jan 2, 2020 | $75,000 | $117,500 | 2019 | -36.2% |
| 7407 Laura Ln | Fredericksburg, VA | Jan 2, 2020 | $61,000 | $184,800 | 2019 | -67.0% |
| 529 Glasgow St | Portsmouth, VA | Jan 2, 2020 | $220,000 | $327,470 | 2019 | -32.8% |
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.