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Welcome to 108 North Oriental Ave, a charming residential property located in the heart of Kings Mountain, NC. Built in 1930, this single-story home features 1,086 sq ft of living space, nestled on a generous 13,035 sq ft lot with ample yard depth and width. The property boasts an assessed value of $89,157, highlighting its well-maintained improvements valued at nearly $80,000. With a history of a recent sale in March 2021 for $121,000, this home represents a unique opportunity in a tranquil neighborhood.
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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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