Property Details
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This property is located at 312 Mansion Rd in Wilmington, DE 19804. The lot number is 11-13 in block 9 of district 07 and is in the Elmhurst subdivision. The property was last assessed at a value of $41,800, with $33,900 in improvements and $7,900 in land value. It was built in 1940 and sold for $172,000. The total living area is 1350 sq ft, with 922 sq ft on the ground floor. The lot size is 6970 sq ft and has a depth of 81 ft and width of 75 ft. It also features a garage with an area of 216 sq ft and is heated with hot water. The property has 1 bathroom, 2 bedrooms, and 5 rooms in total, with 1 story.
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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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