Property Details
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This property would be an ideal home for a small family or couple, with its two bedrooms, one bathroom, and four-room layout. The property, located at 191 Elon RD in Madison Heights, VA, was built in 1954 and is assessed at a market value of $95,400. The lot size is 55,191 square feet and the total living space is 848 square feet. The property also features a cooling system and hot water heating, making it comfortable for all seasons. With the last sale being in 2016 for $114,000, this property is a great location to call home for those looking for a cozy and affordable residence.
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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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