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This charming residential property is located on 219 Ridgewood Avenue in the EMMA GAILLARD subdivision in Gainesville, GA. Built in 1937, the one-story home features 3 bedrooms, 2 bathrooms, and a total of 7 rooms with a living space of 1230 square feet, all sitting on a spacious 10,498 square foot lot. The market value for this property is $356,900 with an assessed value of $142,760 and a last sale price of $265,000 in 2018. The property also includes a central cooling and heating system and a fireplace.
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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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