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This historic property, located at 206 West 39th Street in Savannah, GA, sits on a lot in the Lovell subdivision and was built in 1906. It boasts a charming two-story residential building with a total living space of 1,966 square feet. The property also features 4 bedrooms, 2 bathrooms, and 10 rooms in total. The assessed value of the property is $294,300 with improvements worth $67,720. The last sale of the property was in 2017, for $123,500.
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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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