Property Details
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This property is located at 312 North James Avenue in Panama City, Florida and is situated in the Daffins Subdivision. The lot size spans 7,492 square feet and features a residential building with a total living square footage of 1,096. The building was built in 1945 and was last sold on May 17, 2021, for $140,000. It includes 3 bedrooms, 2 bathrooms, and a central cooling system, and a forced air heating system. The assessed value of the property is $113,324, with $96,303 being the value of improvements made, and $17,021 for the land.
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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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