Estimated Value

Corona Heights Single-Family Homes
22 Eureka St, Corona Heights, CA 94114
03 Bedroom | 01 Bathroom | 02 Parking

Learn What It's Really Worth

Sold For: $1,375,000 on 5-16-2012

Zestimate®: $1,615,034Zillow Real Estate Search

Appraisal: $1,798,989eppraisal

How accurate are the Automated Valuation Models (AVM)?

Automated estimates are interesting to look at and compare. There are countless AVMs in the marketplace, each claiming to be more accurate than the rest. The most sophisticated among these are available exclusively to the real estate industry - primarily to lenders and appraisers. These complex mathematical algorithms use various data sources to profile property and determine an estimated value range.

How does a database know that your new kitchen finishes are high-end and reflect the latest trends? How can it take into account that your garden is right off the living area and protected from the winds, unlike the similar house next door? Many crucial factors are not factored into computer generated estimates, which is why the value range they offer is wide and unreliable.

Zephyr agents can refine value in a way AVMs cannot. Contact us for a no obligation analysis and introduction into how we can provide consummate value and service to you.

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Estimate vs. Actual: Recent Sales in Corona Heights

AddressBeds/BathsSold Priceeppraisal
Estimate
Off ByZillow Real Estate Search
Zestimate®
Off By
4 Ord Court2BD/2BA$1,525,000N/AN/A$1,346,260$178,740 or 12%
38 Levant Street2BD/1BA$1,592,600$1,195,909$396,691 or 25%$1,428,243$164,357 or 10%
3092 Market Street3BD/2BA$1,880,000$1,289,353$590,647 or 31%$1,995,645$115,645 or 6%
59 Mars Street2BD/2BA$1,800,000N/AN/A$1,596,993$203,007 or 11%
44 Levant Street3BD/3BA$2,410,000$1,475,367$934,633 or 39%$2,509,974$99,974 or 4%
3775 16th Street4BD/2BA$2,000,000$1,486,869$513,131 or 26%$1,857,750$142,250 or 7%
132 Douglass Street3BD/2BA$1,900,000$1,596,588$303,412 or 16%$1,979,114$79,114 or 4%
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