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Situated in the charming city of St. Petersburg, Florida, this property on 4539 8th AVE North is a single-story residence built in 1925. It features a spacious lot size of 9631 square feet, a cozy fireplace, and a garage with 240 square feet of space. With 1,420 total living square feet, this 1-bedroom, 2-bathroom home is located in the desirable subdivision of Kenilworth. In 2021, it was sold for $450,000 and was assessed at a market value of $438,151.
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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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