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This charming property is located at 4663 Spencer RD in the idyllic town of Mount Sterling, KY 40353. Built in 1918, this residential property boasts a spacious lot size of 9138452.00 sq ft and three houses, along with four additional buildings. With a total living space of 2069 sq ft, this property features 4 bedrooms, 1 bathroom, and a cozy fireplace for those chilly nights. The assessed and market value of $560,000 and a taxed billed amount of $6,025.60 make this a desirable location for any homeowner.
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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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