is this a good deal?

[Tyler S.]

I'm assigning my contract. The county assessed value is 80,000 dollars. It's a 3 bed 2 bath. It is currently being rented for 700 dollars/month. The tenant has been there for 15 months and doesn't plan to leave. There are no repairs except paint on outside. The tenant has kept it very clean and in good shape. I'm putting it under contract for 44,000 dollars. So i will try to sell at 54,000 ( probably will negotiate ).

[Jon Holdman]

What's the property really worth? Tax assessments are useless for determining property values.