Property Details
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This quaint home, located at 205 3rd ST in Winter Garden, FL 34787, was built in 1921 and has a market value of $268,854. The property is part of the TWIN CITY DEVELOPMENT CO SUB subdivision and sits on a 6,317 square foot lot. The cozy residential property features 2 bedrooms, 1 bathroom, and a central cooling system. In 2024, it was last sold for $325,000 and has a tax assessed value of $268,854. The improvements to the property are valued at $186,733, while the land is valued at $82,121.
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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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