Property Details
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This well-maintained residential property is located at 1700 Northeast 17th Terrace in Fort Lauderdale, FL. The property, situated in the PROGRESSO 2-18 D subdivision, features a spacious lot size of 7,504 sq ft with a width of 80 ft. The 1951-built house boasts 1,463 sq ft of living space, including 2 bedrooms and 1 bathroom, and is equipped with central cooling and heating. In 2022, the property was last sold for $850,000 and has a tax assessed value of $626,090.
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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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