Does a refinance affect the zestimate of my property?House value has plummeted over 25% since Jan 2012. I just refinanced and the new zestimate value just happens to be the amount of my new loan.May 22 2012 - West00YesReport 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.