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This stunning property is located at 165 West Santa Clara Way in Palm Springs, California. Sitting on a spacious .27 acre lot in the highly coveted Colony Tract subdivision, this residential property boasts a total living space of 3326 square feet. Built in 1952, this one-story home features 5 bedrooms, 3 bathrooms, and a cozy fireplace. With a market improvement percentage of 91, the assessed value of the property is $920,754, with $842,724 attributed to improvements and $78,030 to the land. The last recorded sale of this property was for $885,000.
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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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