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This address refers to a residential property located at 1461 Monreal Ln in San Luis, AZ 85349. The property is part of the "Bienestar Est 3" subdivision and is situated on lot 1156 in section 07, township 11S, range 24W. The total market value for this property is $168,216, with an assessed value of $13,935 and improvements valued at $11,160. It was last sold on 05/17/2018 for $165,000 and features a 1516 sq ft living space with 3 bedrooms, 2 bathrooms, and a 360 sq ft garage. The property was built in 2001 and has cooling through AC commercial air conditioning and heating units.
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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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