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Updated over 5 years ago on . Most recent reply

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48
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8
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Nick S.
  • Algonquin, IL
8
Votes |
48
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using county website - "estimated property value"

Nick S.
  • Algonquin, IL
Posted

hi all, as i'm weeding out properties, i started adding a new tactic to estimate property value besides zillow, which i know isn't always accurate. 

i noticed that when i go to the county site that the property is located in, there is an "estimated property value", which rarely matches what zillow/redfin say. it's under a section called "tax year 2018 assessed value"

what should i make of this? is this a better way to estimate value?

thanks!

Most Popular Reply

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145
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46
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Kathy Utiss
  • Specialist
  • O'Fallon, MO
46
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145
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Kathy Utiss
  • Specialist
  • O'Fallon, MO
Replied

I wouldn't go by tax assessed value...I'd be looking at properties near the home for sale or that have recently sold. This property was a homepath one that I really liked..Asking price was $59,000. Home next door sold for $132,375. A good tool I find to use is realtytrac. As you can search by name of street and such you want to get the to the screen that looks like this 

https://www.realtor.com/realestateandhomes-detail/4861-Eva-Rue-Ln_House-Springs_MO_63051_M84328-44373



https://www.realtytrac.com/mapsearch/sold/mo/jefferson-county/house-springs/63051/eva-rue-ln/?sortbyfield=proximity,asc&address=eva%20rue%20ln,%20house%20springs,%20mo%2063051&enableaddress=1


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