Property Details
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This charming property, located at 2230 Alamo Dr in Rapid City, SD, is situated in the desirable Mountain View Subdivision, with gorgeous views of the surrounding mountains. The property features a well-maintained residential building with 3 bedrooms, 2 bathrooms and 1144 total living sq ft. Built in 1960, the building has a market improvement percentage of 79 and was last sold on 10/25/2012. The assessed value is $268,800, with $214,500 attributed to improvements and $54,300 for the land. The total lot size is 10,019 sq ft.
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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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