Property Details
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This charming residential property is located at 2208 South 56th Street in the Second Addition to Normal neighborhood of Lincoln, Nebraska. The property, built in 1900, features a spacious 1044 square feet of living space, including 3 bedrooms, 2 bathrooms, and a garage. The lot size is 7405 square feet with a depth of 150 feet and a width of 50 feet. The assessed value of the property is $147,800, with $119,800 allocated towards improvements and $28,000 towards the land. The most recent sale of the property was on December 30, 2021 for $150,000.
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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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