Profile picture for Mooshcat

975 Somera in Bel Air

Just sold for 2.2 yet your Zestimate shows a spike in value to 3.3m+
That sale should prove that this neighborhood is overvalued.

Why is this?????????
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 25 2011 - Bel Air
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (2)

This is the problem with computer generated valuation tools.  There must be a comp in the mix that is throwing everything off.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
June 03 2011

Zillow uses the recently sold home to calculate the Zestimate, it is not only Zillow estimates the subject property's value that over 3M. but another site also has same estimate at 3.07M
http://homesand.net/QuickComps.aspx?975+Somera+Bel+Air&citystatezip=ca?Map=1?AllComps=True

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 26 2011
 
Related Questions
975 Somera in Bel Air
Profile picture for Simon Mills
Latest answer by Simon Mills
June 03 2011 | 2 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 2726 Claray Dr, Los Angeles, CA Home For Sale
    2726 Claray Dr, Los Angeles, CA 90077

     For Sale: $1,187,000

    • Beds: 2
    • Sqft: 2641
    • Baths: 3.0
    • Lot: 276122
  2. 10827 Savona Rd, Los Angeles, CA Home For Sale
    10827 Savona Rd, Los Angeles, CA 90077

     For Sale: $2,595,000

    • Beds: 4
    • Sqft: 3871
    • Baths: 4.0
    • Lot: 63597
  3. 14200 Mulholland Dr, Los Angeles, CA Home For Sale
    14200 Mulholland Dr, Los Angeles, CA 90077

     For Sale: $3,495,000

    • Beds: 4
    • Sqft: 4219
    • Baths: 4.0
    • Lot: 11325