Property Details
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This charming 1895 residential property is located at 1407 Iron Street in Bellingham, WA. Its legal description is "YORK ADD TO NEW WHATCOM LOT 21 BLK 12" and it is part of the York addition to the New Whatcom subdivision. The house has a 1400 sq ft living space, with 3 bedrooms and 1 bathroom, and is situated on a 4356 sq ft lot. The assessed value of the property is $496,968, with the value of improvements being $265,632 and the value of land being $231,336. It is heated by a forced air system and has two floors.
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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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