With a few extra minutes on my hand this rainy Friday afternoon, I was curious about the relationship  between the appraised value, assessed value and the Zillow value. 

So, I pulled a few loan files I was working on today and here's what I found:

   Location         Bed/Bath Size         Transaction Type     Appraised         Assessed       Zillow  

1.  DuPont, WA  3/2.50 1,948 sq ft        Refi                       288,500            267,500          312,500

2. Puyallup, WA 4/3.25 4,193 sq ft        Refi                       470,000            455,100          552,000

3. Tacoma, WA 2/1 1,016 sq ft             Purchase               135,000            161,800          175,000

4. Poulsbo, WA 4/2.50 2,712 sq ft        Refi                        345,000            356,620          364,500

5. Puyallup, WA 4/2.50 2981 sq ft        Purchase               300,000            308,900          324,500

**2 Appraised Values higher than assessed value, but lower than zillow
**3 Assessed Values higher than appraised value, but lower than zillow

Have a great weekend!

Kevin Tinsley All Tech Mortgage
Kevin Tinsley
All Tech Mortgage.com

Tacoma's #1 Mortgage Expert - Since 1996
FHA | VA | Conventional Purchase & Refinance Home Loans
7403 Lakewood Dr W, STE 2
Lakewood, WA 98499

(253) 472-1500 Office
(800) 339-7059 Toll Free
(866) 421-1788 Fax
kevin@alltechmortgage.com
www.alltechmortgage.com

 

1 Comments on How do Appraised Value, Assessed Value and Zillow Values Compare?

OCT
25
1 Featured Post Localism Sponsor Hit Router

Very interesting analysis you did on the Zestimates - - they tend to run high - - don't understand how that would be a very useful tool for anyone.  There have been many complaints about Zillow and these estimates are usually mentioned at the top of the list.

10:56pm • #1

Leave a response…



(optional)
What does the graphic say?
 
Kevin_tinsley20w4x5 Rainmaker_large

Tacoma's #1 Mortgage Expert - Kevin Tinsley

Tacoma, WA

More about me…

Tacoma's #1 Mortgage Expert - Kevin Tinsley

Address: 7403 Lakewood Dr W, STE 2, Lakewood, WA, 98499

Office Phone: (253) 472-1500

Email Me


All Tech Mortgage
Click our logo to visit us online
FHA & VA Approved - Tacoma or Seattle


Click Here for Current Mortgage Rates
Photobucket




Links

Archives

RSS 2.0 Feed for this blog

Find WA real estate agents and Tacoma real estate on ActiveRain.