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This historic property, located at 509 East York St in Savannah, GA, is a charming residential building boasting a lot size of 902 square feet and a beautiful, manicured lot with a depth of 45 feet and width of 20 feet. Built in 1900, the three-story home features a total of 1,640 square feet of living space, including 2 bathrooms and a cozy fireplace. Recently sold for $660,000 in March 2021, this property also has an assessed value of $227,880, with $195,880 in improvements and $32,000 in land value. Don't miss the opportunity to own this gem in the Green subdivision, also known as the NE 1/6 portion of Lot 32.
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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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