@Ana CoelloTax assessed value is meaningless for property evaluation, and the cites you mentioned, especially Zillow, are notorious for bad numbers.Tax assessed value is some semi-arbitrary number assigned to the house by local taxing authorities.

Also consider two things, California is notorious for being overpriced for housing, currently the state has low inventory and high demand so prices are going up and up.

Awesome job.Cast iron house traps are notorious for catching all sorts of stuff creating a dam which leads to a backup. that backup can make its way up the stack and out into liveable  areas.

California has notoriously expensive costs to build.

Banks are notorious for saying "Absolutely, we'd love to loan you the money!"

It would take some federal indictments to be handed down with lengthy prison sentences to follow to let all the sponsors know they are being watched should they be thinking of crossing the line.

A month ago the oldest son stabbed his father to death and is now in prison, it is also strongly believed that the younger son was involved but he was not arrested. 

Isn't Airbnb notorious for telling home owners no when they put in cliams?

This town is notorious for being corrupt and not easy to work with, and we found out the hard way.

If you are using Zillow, they are notorious for being incorrect sometimes.