Property Details
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This beautiful residential property is located at 1721 Parkhills Ave in the quiet and affluent neighborhood of Los Altos, CA. The house is part of the Fremont Avenue Homesites subdivision and sits on a spacious lot with a depth of 125 feet and a width of 75 feet. It features a two-story home built in 1954 with 5 bedrooms, 3 bathrooms, and a total of 2,418 square feet of living space. The property has a tax assessed value of $1,113,834 and was last sold in 1998 for $726,000, making it a desirable and valuable investment.
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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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