Property Details
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Nestled in the serene OL Stone Estates subdivision, the property at 443 Meander Wood Rd offers a generous lot size of 27,225 square feet, ideal for creating your dream home. With an assessed value of $307,800, it showcases a well-balanced investment opportunity with a substantial improvement value of $166,600. This residential lot has a rich history, last selling for $150,000 in January 2016, and is attractive for its peaceful surroundings and rural charm. Although it lacks a heating system, the property provides a blank canvas ready for your vision.
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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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