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Nestled on 4.917 acres in the serene community of Prospect, KY, this charming residence at 5000 Hidden Falls Drive offers a perfect blend of privacy and space. Built in 1987, the two-story home encompasses a generous 5,220 square feet of living area, featuring three bedrooms and four bathrooms, making it ideal for family living. The outdoor space is complemented by a detached garage, and the assessed value reflects the valuable improvements made to the property over time. With a market value of $525,000 and equitably sized rooms throughout, this property represents a noteworthy opportunity in an inviting suburban setting.
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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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