"Quit Claim" on Assessor's web site (appraiser, sale, settlement)

[PokerMunkee]

When I look up properties on the Assessor's web site to see how much they were purchased for, they show a Sale Price of $0 with Deed Type: Quit Claim.

Is there a way to see how much the owner paid for these properties?

[Dee2e]

Originally Posted by TheEricHarris

When I look up properties on the Assessor's web site to see how much they were purchased for, they show a Sale Price of $0 with Deed Type: Quit Claim.

Is there a way to see how much the owner paid for these properties?

If it says $0, that means $0. Quit Claims are often due to a death, divorce, or foreclosure.

[Silverfall]

Quit claims are really common in divorces when one party signs over to the other for $0 as part of the divorce settlement. They are also common with estates when say two children inherit a property but then one deeds it over to the other one.

If you go back one deed further (ie WHO did the deeding over) you would be able to find out what that person paid, but you will probably have to head down to the courthouse for that.

[FLBob]

The deeds will not show you how much is paid, besides a quit claim is just a method of changing title, no money needs to exchanges hands.
In most cases even a warranty deed will only state that a "sum of $10 and other good and valuable consideration" exchanged hands.

In my state a tax is levee on the contract price, and it is through the payment of that tax that the property appraiser knows the price of the transfer of real property. Our property appraiser is the source for past transfer prices.