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This charming residential property, located at 421 S Third Street in Rockford, IL, was built in 1900. The property features a spacious 2-story building with a total of 10 rooms, including 4 bedrooms and 2 bathrooms. With a lot size of 10,890 square feet and a total living area of 2,994 square feet, this property offers plenty of space for comfortable living. The last sale of this property was on 07/03/2018 for $41,500, and it was assessed at a market value of $96,249, with $28,290 for improvements and $3,793 for land value.
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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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