Re: Real state experts-Help!
BobFl...
Not sure what you mean by "Owner's cost".... If this was a quit claim related to divorce or perhaps estate settlement,then I don't think it affects the home's assessed value or potential resale value. If they bought in 2004 they probably realized some appreciation before the market downturn in late 2006. As you say, it sold for $180 in 2004...you obviously know what it's listed for now. If it's listed at $247, then that's probably the owner trying to recoup his full investment and buyout and may not accurately reflect market conditions or current value.
With the Sumter county site, you can look at neighboring properties and see what recent resales have gone for.
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Maryland (DC Suburbs) - first 51 years 
The Villages - next 51 years
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