Although the construction date of 1936 doesn’t help, the fact that it is a one-bathroom house is actually far worse for the value of the property.
Having actually owned a two-bedroom, one-bathroom home, and then later, a four-bedroom, 1.5 bathroom house, I know from painful personal experience that it’s difficult to sell such a home in this area, and that it significantly affects the value of the property.
sitetest
I think you totally missed my points. Though that may be my fault as I made them in a belabored way.
To re-state briefly:
1. Tax assessment figures are not the same as market value.
2. Tax assessment records are not always accurate, e.g. for number of bathrooms.
3. Journalists who try to minimize the value of the Frosts' real estate holdings, by quoting tax assessment figures as if they represented market "value," are misleading their readers.