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This property, located at 2042 West 4th St in Davenport, IA, is a beautiful two-story residential building in the Scott's Thomas Addition subdivision. Built in 1920, the property features 4,984 square feet of living space and a lot size of 5,050 square feet. Recently sold on 04/09/2021 for $300,000, the property has an assessed value of $446,490 with $431,340 in improvements. It is conveniently located near the intersection of 4th St and Walg St, with an easy commute to nearby amenities such as shops and restaurants.
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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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