Property Details
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This property, located at 4831 Kathy Jo Terrace in Orlando, Florida, is a single-story home built in 1964. It is situated in the Sylvan Hylands 1st Addition Second Replat subdivision, with legal lot number 6 in block K. The assessed value of the property is $188,030, with $133,030 allocated to improvements and $55,000 to land. The market value is also $188,030, with a tax billed amount of $3,238.03. The home consists of 3 bedrooms and 2 bathrooms, with a total living space of 1,239 square feet and a garage of 441 square feet. The property is equipped with central cooling and forced air heating. Its lot size is approximately 8,266 square feet.
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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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