Property Details
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This property, located at 5025 Central Avenue Northeast in Albuquerque, NM, is a commercial property with a lot size of 27,486 square feet in the View Addition subdivision. The building on the property was built in 1968 and has a total living area of 4,419 square feet with no heating system. The tax assessed value is $94,856, with $54,000 in improvements and $40,856 in land value. The market value is estimated at $284,597 and the current tax bill amount is $4,550.82.
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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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