Property Details
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This beautiful residential property is located at 16216 Ash Way in Lynnwood, Washington, with a unique legal description of "SECTION 02 TOWNSHIP 27 RANGE 04 QUARTER SW ALL PTN SE SW SEC 2 TWP 27 N RGE 4 E OF WM DAF BAAP 166.5FT W & 30FT N OF SE COR S". The assessed value of the property is $1,097,800, with $27,000 in improvements and $1,070,800 in land value. It was last sold on 07/02/2021 for $700,000 and has 4 bedrooms, 3 bathrooms, and a total of 1,912 square feet of living space on a spacious lot of 43,124 square feet. This one-story property was built in 1949 and features a forced air heating system and one 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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