Property Details
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This multi-story commercial property, built in 1925, is located at 3309 Salina Street in Dearborn, MI. It is situated on a spacious lot with a depth of 120 feet and a width of 150 feet, totaling 17,860 square feet. The building, with a total living space of 4,750 square feet, is part of the Clipper's Eagle Avenue subdivision and features a forced air heating system. According to tax records, the property has an assessed value of $147,100 and a market value of $294,200, with a tax bill of $3,557.37.
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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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