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This charming residential property is located at 2022 15th ST Southeast in Rochester, MN 55904. The lot size is 12,110 square feet with a depth of 185 feet and a width of 129 feet. The property features a cozy one-story home with 2 bedrooms, 2 bathrooms, and 7 total rooms, built in 1953. The last sale was in 2023 for $235,000. The market value is assessed at $269,900, with a value of improvements at $229,900 and land at $40,000. The home also includes a spacious garage of 520 square feet and features central cooling and forced air heating.
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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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