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This beautiful property is located at 12778 Mount Hermon RD in Ashland, VA 23005. The property is in the Gibson subdivision and sits on Lot Number 1 with a total of 589,367 square feet. The year built was 1969 and the last sale was on 07/12/2007 for $1,175,000. The property includes a spacious two-story house with 4 bedrooms, 4 bathrooms, and 11 rooms. The lot also features a central cooling system and a heat pump for heating, as well as a cozy fireplace.
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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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