Property Details
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This charming home located at 260 Miller Street South in Salem, Oregon, was built in 1910 and is situated in the South West Addition to the town. With a lot size of 4,356 square feet and a total living area of 3,003 square feet, this residential property boasts 3 bedrooms and 3 bathrooms across 2 stories. The last recorded sale of this property was on August 29, 1991 for $73,906. This property also includes a garage with 308 square feet and is equipped with forced air heating. The property was last assessed at a value of $201,340 with a market value of $457,720 and a tax billed amount of $3,956.31.
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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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