Do I owe capital gains tax on inherited property that sold in 2016 for less than the assessed value from a 1999 death that was fully probated in 2016?

I inherited property in 2016 and sold the property in 2016.  The property was assessed at $200,000 and sold for $130,000.  My parents died in 1999 and the estate was settled in 2016.  I had been paying property taxes since 1999.  In 1999 the property was assessed at $100,000.  Do I owe Capital Gains Tax?