Property Details
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This two-story residential property, built in 1880, is located at 1901 Minnesota Ave in Stevens Point, WI. The property includes the south half of lot 7, all of lot 8, and the north 12 feet of lot 9 in block 1 of the A.A. Durfee First Addition, which is part of the northwest section of township 24, range 8, with a tax description of 764520-RES. The assessed value of the property is $226,800, with $195,400 attributed to improvements and $31,400 to the land, reflecting an 86% improvement compared to market value. The lot size is 11,805 square feet and the property contains 4 bedrooms and 2 bathrooms.
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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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