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This residential property is located at 410 State Street in the charming town of Oxford, Michigan. Built in 2013, this home is part of the Oakland County Condominium neighborhood, known as The Hills of Willow Lake. With 4 bedrooms, 3 bathrooms, and 10 rooms in total, this two-story home has a living space of 2351 sq ft and is situated on a spacious lot of 10019 sq ft. The property last sold for $421,000 on 04/12/2022 and is currently assessed at a market value of $361,480.
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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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