Profile picture for Tom Pohlman

Tom Pohlman

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Agent

Realtor, CA DRE (16 years experience)

18 Recent Sales (last 12 months)

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Short-Sale

Advice

  • (10 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

Contributions are sorted newest to oldest.

Why is the Zestimate so much lower than the list price?

Answer

Yes, the interior is dated. However, I don't think you're seeing the value of this beautiful, private, wooded lot, which is a full acre and is backed by open space and a creek. It is pretty rare to find a full acre in Rocklin at this price. The Zestimate is usually low on properties like this, for example: A recent sale on the same street; 6408 Rainier closed in August for $554,000. It was on .75 acre, and the house was much smaller, at 2162 sq ft. While it sold for $554k, the Zestimate shows $443k.

  (0)
Price

Answer

Yes, I work with referrals. I apologize for not getting back to you sooner, for some reason this query didn't get to my in-box.We just reduced this price by $10,000.Let me know if your client wants to come and see this property.

  (0)
Price

Answer

That home was reposessed by a loan service company who then sold it to an investor. The home was bare to the studs inside, it was an aborted remodel. I can send you the MLS pictures of it from when the owner was trying to sell it last fall for $425k. It's a withdrawn listing so you won't find it unless you're a Realtor, but I can send it to you if you send me your e-mail address.Does 7739 Glenn seem expensive to you?

  (0)
Why is the Zestimate so much lower than the list price?

The Zestimate is not correctly accounting for the addition to the home, nor can it accurately estimate the aesthetic value of the beautiful 1-acre wooded lot. The home is actually 4 bedrooms and 3.5 baths, with 2 full kitchens, 2 family rooms, and a large sun room complete with wet bar. Stunning views surround this home.

  (0)
Why is the "Zestimate" so low?

Zillow isn't calculating the value of the additional square feet added, and probably not the acreage, either!

  (0)