Property Details
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This property, located at 25 County Road 745 in Jemison, AL, is a 1-story residential building built in 1973. It sits on a spacious lot with an area of 45,302 square feet and has a market value of $174,400. The building has a total of 6 rooms and 1 bathroom, with a cooling system of AC.COMMERCIAL A/C and heating system of FORCED AIR. The assessed value is $34,880, with improvements valued at $29,280 and land valued at $5,600. The property is easily accessible from County Road 51 and includes a fireplace for cozy winter nights.
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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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