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Rudy Flores · (619) 392-6714 · Real Estate Strategist, Realtor® · CalDRE #02257808 · Responsible Broker CalDRE #01481919
Been in your home for years? Start with the price and year you bought to see today's estimated value, the equity you hold and your Prop 13 gap.
If you have lived in your home a long time, you may be sitting on more equity than you realize, and paying tax on a much older value. This page starts with the price you paid and updates it by the change in Zillow's typical values for your ZIP code over all those years.
Whether you plan to stay for good or are starting to think about what comes next, the numbers help: value, loan, equity, a net after costs and the gap between market value and your Prop 13 value.
Staying for good, downsizing or helping family? The Home Strategy Quiz takes only four questions, and Rudy's reply is a plan for your situation.
Take the Home Strategy QuizSend your figures with the address, and Rudy will look at recent sales around you and reply personally, just once, with a value.
Talk to a lender. Rates, loan programs and approvals come from lenders, not from websites or real estate agents. Talk to your own mortgage broker, or use our preferred lender, Point Mortgage Corporation (NMLS #231073), at (619) 475-4095. You are always free to choose any lender you like, and you can verify any lender’s license at nmlsconsumeraccess.org.
This is an estimate for planning, from Zillow's ZIP-wide typical values applied to your purchase price. It is not an appraisal, a broker price opinion, an offer, a loan offer, or tax or legal advice, and Rudy is a real estate agent, not a lender, appraiser or tax professional.
For long-time owners, the Prop 13 gap is often the surprise. Your taxable value started with what you paid and has been allowed to grow only 2% or less per year, so after many years it can sit well below market value.
At 55 or older, Proposition 19 may let you keep that lower taxable value when you move, wherever in California your next home is, if you buy it within two years of selling. It works up to three times; confirm eligibility with the county assessor.
If staying for good turns into a smaller home, start with the downsizing calculator.
Usually. Zillow's ZIP data starts in 2000, so earlier purchases use FHFA's yearly ZIP index to reach Zillow's first full year. A few ZIP codes lack the older index, and the page says so.
A ZIP-wide index cannot see decades of upkeep, additions or a remodel, so a long-held home can land outside the range. Rudy reviews recent nearby sales for free for a real value.
Choose "No loan (paid off or paid cash)." If you have a reverse mortgage or an equity line, pick the second option and enter that balance instead.
No. It is the base your property tax uses, which started at your purchase price and rises 2% or less a year; after a long time it is often far below market value. Your tax bill shows the exact figure.