Property Details
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The property at 11285 52nd AVE North in St. Petersburg, FL features a beautiful home in the desirable Oak Ridge Acres 1st Add subdivision. The residence, built in 1954, boasts a total of 1761 square feet of living space and sits on a spacious lot measuring 14057 square feet with 89 feet of width and 161 feet of depth. This single-story home has a central cooling system and heating system and includes 2 bathrooms and 1 fireplace. The last sale of this property occurred on December 4, 2023 for $602,000, and it is currently assessed at a value of $352,840 and has a tax bill of $6,311.64.
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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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