How come when I looked this home up on Allegheny County Assessment the Value was only worth 39,600?

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I looked this home up on Allgheny County Assessments website and the results are below..why?

Full Market ValueCounty Assessed Value 
  Land Value$13,300   Land Value$13,300 
  Building Value$26,300   Building Value$26,300 
  Total Value$39,600   Total Value$39,600
Question refers to 1222 Clark St, White Oak, PA 15131
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March 04 2010
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