John Carter has been looking at his financial situation. He has determined that his checking account has $1165 and that he also has a savings account of $450. He has estimated the value of his home furnishings as $10,500 and his stereo equipment and TV as $350. He has a computer system worth $2800 and clothes and dishes worth $780. He owns his home and it has been estimated to be worth $125,000 while his car has been estimated to be worth $14,850. He still owes $85,500 on his home, $12,250 on his car and has a balance on his credit cards of $3660. What is the value of John's real estate?