Property Details
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This charming residential property is located at 1512 North 9th Street in Burlington, IA. The property is situated in the Northern Addition subdivision and features a lot size of 2,222 square feet with a depth of 56 feet and a width of 40 feet. Built in 1890, this cozy home offers 3 bedrooms, 2 bathrooms, and a total of 1,146 square feet of living space. The property was last tax assessed at $35,700, with an assessed value of $31,000 for the improvements and $4,700 for the land. The market value of the property is also $35,700 and the current tax billed amount is $602.
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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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