Property Details
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This property is located at 1614 Granville Street in Burlington, NC, 27215. The property is a house and is part of the BROOKWOOD neighborhood, specifically BLK D SECT 1, and is assigned the legal lot number 24. The property was built in 1940 and last sold for $80,000. The house has 2 bedrooms, 1 bathroom, and 7 rooms in total, with a living space of 1,047 square feet. The lot size is 23,217 square feet, with a lot width of 90 feet. The market value of the property is $141,833, with $91,988 in improvements and $49,833 in land value. The property has central cooling and heating.
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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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