Property Details
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This property, located at 2325 Blue Spruce LN in Aurora, IL, is part of the Butterfield Phase One Unit 1-A subdivision. The assessed value of the property is $285,600, with $61,620 in improvements and $33,580 in land value. The residential building, constructed in 1991, has a total of 1202 square feet and features 2 bathrooms and a 440 square foot garage. The lot size is 8712 square feet with a depth of 120 feet and a width of 72 feet. The last sale of the property was on 11/09/2001 for $160,000.
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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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