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This charming residential property is located at 188 North West Austin Way in the beautiful city of Lake City, FL. The lot, number 8 in block E of the Suwannee Valley subdivision, boasts a picturesque size of 11,979 square feet with a depth of 120 feet and a width of 100 feet. The cozy home, built in 1986, features 3 bedrooms, 1 bathroom, and a total living space of 1,014 square feet. With a market value of $122,936 and a recent sale price of $192,000 in 2024, this property is a great investment opportunity.
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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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