Property Details
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This spacious property, located at 4690 Dower Drive in Ellicott City, MD, offers a total of 1,956 square feet of living space on a large lot size of 25,918 square feet. Built in 1979, this residential property features 3 bathrooms, 1 partial bathroom, and a garage space of 480 square feet. The property is part of the Meadowbrook subdivision, with a legal lot number of 27. The tax assessed value of this property is $424,700, with $207,300 attributed to improvements and $217,400 attributed to land value. With a market improvement percentage of 48%, this property is assessed at its full market 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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