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How do Appraised Value, Assessed Value and Zillow Values Compare?

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!

Posted Friday Oct 16