Property Details
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The property is located at 1017 Lawndale Drive in the charming city of Royal Oak, Michigan (ZIP code 48067). The lot is in the Vinsetta Park Subdivision #1 and has a legal lot number of 473. The residential property was built in 1924 and has a spacious 1572 square feet of living space, with 3 bedrooms, 1 full bathroom, and 1 partial bathroom spread between 6 rooms across 2 stories. The lot is 6360 square feet with a 127 feet depth and 50 feet width, and also includes a 576 square feet garage. The last sale of this property was on 03/03/2020 for $219,000.00.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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