Property Details
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This charming residential property is located at 232 Terra Firma LN in the highly sought after Terra Springs subdivision of Volo, IL. The home, situated on Lot E of Block 20, boasts a market value of $138,437 with $41,757 worth of improvements. Built in 2006, the 2-story home features a total of 1144 sq ft with 572 sq ft on the ground floor and 1.00 bathroom. The property, with a lot size of 1542 sq ft and central cooling, last sold for $205,000 on 11/13/2023.
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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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