Profile picture for Hello08

why 29242 sunridge, farmington hills, mi has such a low zestimate.

There is anout 150K price difference between zestimate and asking price. Is there some major damage to the house?
  • July 20 2011 - Farmington Hills
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Answers (2)

It's hard to believe that the Zestimate is so low for this property and the surrounding homes are much higher. Zillow does obtain their information from County public records. The county record for this house shows a 2010 taxable value of $126,250. So they value the home at $252,500 (twice the taxable value). And the house went back to the bank last December for $337,600.

Two of the pictures in the listing might indicate the presense of mold. The house would have to be viewed and inspected to verify this. If you're not working with a realtor, I can arrange a showing of this property.
  • July 20 2011
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Profile picture for wetdawgs
A Zestimate is a number that is generated from public data, and has no knowledge of the condition.   I noticed that there are at least two entries for the home on Zillow, the one that calculates the information from public data here has a Zestimate much closer to asking price.
  • July 20 2011
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