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This property, located at 2909 Southeast Lovejoy ST in Arcadia, FL, is a spacious residential home in the Desoto Acres subdivision. Built in 1966, the property features 3 bedrooms, 1 bathroom, and a total living space of 2,808 square feet. With a lot size of 81,893 square feet, this property offers plenty of outdoor space as well. Recently sold on 07/21/2021 for $329,000, this home also has a Central cooling system, a forced air heating system, and a 720 square foot garage.
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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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