Property Details
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Nestled in the heart of Oakland, CA, this spacious residential property at 3949 Norton Ave boasts a generous living area of 2,853 square feet set on a sprawling 12,636 square foot lot. Built in 1952, the two-story home features four bedrooms and three bathrooms, providing ample room for family and guests alike. With a last sale price of $825,000 in 2014, this property showcases significant value with renovations totaling approximately $680,439. Although it does not have a heating system, its classic design and extensive living space make it a unique opportunity in the Oakland real estate market.
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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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