There are a variety of reasons as to why you see price disparities with properties on the market these days. This is why it's extremely important to have a Realtor that is guiding you through this current real estate market. If your not working with a Realtor I'd like the opportunity to earn your business!
I'm not the listing agent on this unit, but I think it is priced well for the location and condition.
The assessed value you're speaking of is simply the tax assessors assessed value from 2011. I'm not the listing agent for that property, but it's likely the assessed value isn't accurate, as that figure is from early 2011, about 1.5+ years ago. Also, the assessed value from the tax assessor doesn't take into consideration upgrades (if any), view (if any), etc... items that buyers are willing to pay a premium for.
The seller can list it for any amount they like of course, and it appears they've found a buyer, as they are currently in escrow as of today, and that townhome is no longer available. if you're interested in looking at recent sales comparables for that area, to get a better feel for what townhomes there have been selling for over the last 4 months, please contact me, and I'll be glad to email that info to you, direct. Have a great day! - Robert
Marc D. Schwartz e-Pro, CDPE
Prudential California Realty
21049 Devonshire St.
Chatsworth, Ca 91311
#1 Office Producer 2011