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This charming residential property is conveniently located at 16508 Hyland CT in the peaceful town of Lakeville, MN. Situated in the subdivision of Hyponite Crossing 3rd Addition, this property boasts a spacious lot size of 13,504 square feet with a well-maintained home built in 1994. With a total of 5 bedrooms, 3 bathrooms, and 2356 square feet of living space, this property holds a market value of $493,200 and was recently sold on 07/30/2021 for $530,000. The property also features a two-car garage with 576 square feet and is the perfect place to call home.
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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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