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Orange County Register: Ex-Angels outfielder Josh Hamilton lowers price on Crystal Cove house


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Hamilton's realtor is smoking more crack than Hamilton himself. 

 

Based on online references like Zillow, no other similar houses in the area sold for anywhere even remotely close to $15M, and they definitely shouldn't expect to get above market based on star power and name recognition... 

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I have no idea what the house is worth but zillow is horrible at valuing anything other than a track home. There is literally a 35% difference between what zillow valued my house at and what it appraised for.

I could have asked a friend of mine who is a sales rep at a title company covering that region, but decided against it as I don't expect to put in a serious bid for the house.

Edited by ScottLux
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I have no idea what the house is worth but zillow is horrible at valuing anything other than a track home. There is literally a 35% difference between what zillow valued my house at and what it appraised for.

 

Not Zillows fault you thought your trailer was worth 35% more than anyone would pay.

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Cute. Zillow actually appraised my "trailer" 35% less.

CaliAngel's point is that you got screwed by your appraiser who stuck you with higher property taxes than what you should have had to pay based on Zillow value.
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