Listing price vs last sold price vs property tax assessmentIs the property tax assessment a good indicator of the fair market value of the property? Does it take into account of the home improvement /whether or not with a garage? What are the reasons behind a listing price significantly below the last sold price (the price that the current seller paid)? What would be the best reference among the three for an opining offer ? ThanksMay 21 2012 - 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.