Actual vs assessed valueI looked at the property profile of a house I'm interested in on the county's website, and it had $190k for "actual value", but only $15k for assessed value. The market value is about $210k. Why the huge (12.5:1) disparity between "actual" and assessed ? It's great if the property taxes stay really low after I buy it, but maybe it was just a personal exception that the owner had or some special circumstance. Similar houses in the neighborhood assess for much closer to "actual value", and have about 3-4 times higher property taxes.August 20 2013 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.