how to find out how much a house was purchased for

If you're wondering how to find out how much a house sold for, yous're in the right place. Our consummate guide covers everything you need to know about valuing a contempo habitation sale. Read on to learn more.

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Whether you lot're listing your home for auction, curious about the state of the local housing market, or simply want to see how much your neighbors paid for their pad, information technology's a good idea to learn how to find out how much a house sold for.

Belongings records, for the most role, are not private. At that place are ways to run into exactly how much a house sold for. You can also see who it sold to, and the engagement of the last sale.

You lot tin even come across how much an owner pays in property taxes each year, find the deed to a business firm, and the legal clarification of the property by looking at public property records.

Merely outset, you lot've got to know where to look! We've got three simple methods to find this information apace online or in person. Your method will vary depending on what y'all want to use the data to practise.

Keep reading to learn how to find out how much a house sold for and admission all related property records.

How to Find Out How Much a House Sold For

At that place are a few dissimilar ways to find out how much a house sold for, merely some methods are more authentic than others. The method you should use depends on what your goals are.

Do you desire to determine a fair listing price for your ain abode? Are you wondering how much a house on the marketplace has gone up in value since the terminal buyers purchased it?

Perchance you're just interested in seeing if you lot're paying a fair price for your home compared to the last sold price. In whatever example, you desire the near accurate information you can find.

While sites like Zillow and Trulia tin be a swell starting point, they won't offering the virtually up-to-date information or important records like the holding act. Permit'due south wait at all the methods you can employ to find reliable data.

Piece of work With a Real Estate Agent

Accurateness Level: Loftier | Convenience: Medium

Real estate agents have access to a valuable tool that most of united states don't: The Multiple Listing Service, or MLS. A real estate license and yearly membership are required to access the MLS.

And non-agents can't do good from the wealth of information independent there without working directly with a real estate agent.

If you're thinking of selling your house and desire to find out how much you tin can list your home for, working with a real estate agent is the all-time method to use. An agent tin log into the MLS to find the exact price history of your home over the years each time information technology's been sold.

While some methods of finding the by sold price for a domicile are not always accurate, MLS information is regularly updated and correct. A existent manor amanuensis can also bear witness you a comparative market analysis (comps) that highlights how much similar homes in your area have sold for recently.

The value in this service is giving you lot, the homeowner, an idea of how much you can listing your home for in the current local housing market place.

Running comps is much more accurate than just looking at the sold prices of other homes in your neighborhood or relying on the price yous bought the house for.

You lot may have made renovations or seen an appreciation in the value of the home over time. Other homes in your neighborhood may be larger, smaller, older, or newer, on less or more acreage, or contain features that yours does not.

Running comps allows an agent to accept into account specific firm features to compare, like:

Number of bedrooms and bathrooms
Number of stories
Square footage
Acreage
Location of the abode
Renovations or special interior features
Yr the domicile was built
Unique exterior features (garage, puddle, etc.)

This results in a highly customized, authentic comparing betwixt the virtually similar nearby properties rather than just looking at other homes that happen to exist in your neighborhood.

Real manor agents work on commission that is but paid to them one time a domicile is sold, then their time is better spent working with clients who demand guidance through the home buying or sale process.

Remember: If you're non planning to list your home for sale or work with an amanuensis to find out if a listed habitation is priced reasonably, it's best to use a dissimilar method to find out how much a firm sold for.

Online Existent Estate Portal Searches

Accuracy Level: Medium | Convenience: High

If you're just looking for a convenient fashion to find the prior sale price on a house, online searches can give yous pretty accurate information. It won't be correct 100% of the time.

Even so, many users report that online searches on sites like Redfin, Zillow, Trulia, and Realtor.com do tend to testify the correct previous auction prices because they admission this information from third-political party existent estate databases.

It'due south besides impossible for these sites to mail service accurate prior sale price information on homes in certain non-disclosure states, similar Alaska, Idaho, Louisiana, Mississippi, Missouri, Texas, and Utah.

These states have laws preventing the sold cost of a domicile from being publicly disclosed to protect the privacy of citizens. Online searches typically involve visiting a website (Redfin, for example).

Then, you type in a home'south address in the search bar or select the location on a map of the area afterward typing in a zip code. Once you've called the belongings you lot're interested in viewing prior auction prices for, you lot can scroll downward to review taxation data, sale history, property details, and more than.

While looking at the prior sale price for a house in online existent estate portals can be reasonably accurate, don't rely on some of the additional pricing information you're likely to come up across.

One case is the "Zestimate" provided by Zillow. This estimate is supposed to give you lot an thought of how much a item dwelling house is worth on the market today under electric current market weather. The problem is that these numbers are close to the actual market value, a small-scale fraction of the fourth dimension – about 53%.

Zillow has faced numerous lawsuits concerning the Zestimate inaccuracy, so if you do use an online portal to search for prior sale prices, don't be swayed by whatever estimated marketplace value estimates you come beyond.

A comparable marketplace assay (ask a real estate agent for aid with this) will ever deliver a more accurate estimate. These are typically done by an agent as role of their intro process.

Search Local Property Records

Accuracy Level: High | Convenience: Low

While it's not the almost user-friendly option in many counties, you tin can always find out exactly how much a house sold for by referring to your local canton records.

Depending on your county, you may visit the revenue enhancement assessor's office, the county courthouse, or the canton records role. In some counties, these offices may all be within the courthouse.

In others, they may be part of a courthouse annex or a separate administration building. You may need to visit more than than 1 office to get the information you're looking for. With any of these options, clerks in the office can help you locate the information.

Tax Assessor's Office: You should be able to locate the property deed for the address you're interested in here. You may find the legal clarification of the property as well, which details the exact measurements of a belongings.
County Courthouse: The property human action volition be available in i of the offices at the county courthouse, forth with information on the past selling cost and any belongings taxes, transfer taxes, and more. The office may vary by canton. But any clerk in the courthouse tin point you in the correct management.
County Records Office: At your local records office, you can do a title search that shows the history of a given home in terms of sale prices, mortgages, taxes, and any liens on the holding. You tin can observe important data on any easements that may be on the property.

In general, larger counties are more than likely to have these records available for online access. Simply it is the 20th Century, then it's likely that you'll observe a digital search portal on any of these.

How to Know How Much a House Sold For

If yous just want to know how to find out how much a house sold for, your goal for knowing the prior sale price is important. If y'all're thinking about selling your business firm, accept a existent manor amanuensis run comps to find similar backdrop in your area that accept recently sold.

This gives you an idea of how much your house can sell for in the electric current local housing market. This method is best used when you're gear up to sell a domicile or want to find more detailed information virtually the pricing of a house on the market yous're interested in buying.

If you're just wondering how much a house sold for in the by, you can use online real estate portals like Zillow, Redfin, Trulia, or Realtor.com.

While these websites don't use data directly from the MLS, they use 3rd-party real estate databases that do incorporate a lot of the data the MLS does. The downside to trying to find this information online yourself is that y'all can't be certain the numbers you are seeing are accurate.

If you're looking for more than in-depth information on potential liens, easements, belongings boundaries, and property tax information, your all-time bet is heading straight to your local courthouse or revenue enhancement assessor's function.

Hither, you can find information that is accurate and consummate. The drawback of this method is that information technology may be time-consuming and crave more i function visit to get all the information.

So, What's the Best Method?

With any of these methods, you won't have to wonder how to find out how much a house sold for – you can always access this public information through a existent estate agent, online, or through one of your county administration offices.