Tax Assesed Value

[N/A N/A]

ok so i just came upon a website that i thought was useful to me to asses the value of a property. oviously the best way to find out the value is the neighboring properties and thier recent sell price. so, i began searching properties and came upon zillow.com.

and although, i was wowwed by the "big brother" widget, i must ask what is the difference between "tax asseed value" as it states in zillow, vs. and the value of a property or are they the same thing? was a little confused by that term.

any help would be awesome. also, if anyone knows another website like zillow.com and is free, by all means share!
yours truly,
keuminotti

[Ryan Webber]

Tax accessed value is merely the value that the state or county determines to tax the property at. In theory, it is supposed to be an accurate estimate of the current value, but in my neck of the woods it is normally not accurate (at least 10% off if not more)