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Located at 211 Keystone Avenue in Reno, Nevada, this property is situated on 5227 square feet of land in an unspecified subdivision. The charming commercial building was built in 1896 and has a total of 658 square feet of living space on the ground floor. The property includes 2 bedrooms, 1 bathroom, and a cozy stove for heating. With a last sale date of 09/15/2004 for $50,000, the market value of this property is $81,018. The tax assessed information shows the current assessed value at $28,356, with a tax billed amount of $490.28.
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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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