Property Details
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This property is located at 4503 Clarke Drive in the Shallowbrook subdivision of Troy, MI. The 1977-built residential property has a lot size of 8276 square feet with a lot depth of 120 feet and a lot width of 70 feet. It also features a two-story building with 3 bedrooms, 3 bathrooms, and 1 partial bathroom. The living area totals 1938 square feet with 1084 square feet on the ground floor. Other notable features include a garage with 426 square feet, a commercial air conditioning system, a forced-air heating system, and a fireplace. The property was last sold on 09/10/2004 for $239,000 and is currently assessed at $152,960 with a market value of $305,920. Property taxes in the amount of $5,045.99 are billed for this lot number 63.
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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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