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This property is located at 4923 Sereno Drive in Temple City, CA 91780. It is a residential property with a recorded survey on file as per book 56 pages 12-13. The lot measures 50 feet on the southwest line and excludes the street, lot 23 from this survey. The assessed value of the property is $1,028,943, with improvements worth $275,182 and land value of $753,761. The building was constructed in 1946 and has 4 bedrooms, 3 bathrooms, and a total of 6 rooms with a living area of 3517 square feet. It is equipped with central heating and commercial-grade air conditioning and sits on a lot with a size of 12,496 square feet, measuring 50 feet in width and 244 feet in depth. The most recent sale of this property was on February 18, 2020, for $768,000.
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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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