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This charming property, located at 519 North San Souci Avenue in DeLand, FL, offers a cozy space with 2 bedrooms, 1 bathroom, and a single-story layout. Built in 1920, the home sits on a spacious lot measuring 8680 square feet with a depth of 140 feet and a width of 62 feet. The last recorded sale for this property was in November 2019 for $197,000, and it is currently assessed at $224,460.
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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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