Property Details
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This well-maintained property is located at 5205 Percheron BLVD in Melbourne, FL 32934. It is part of the desirable LAKEWOOD ESTATES SEC 1A subdivision and boasts a spacious 3,032 total living Sq Ft with 3 bedrooms, 2 bathrooms, and a cozy fireplace. The property was built in 1988 and features a large lot size of 53,143 Sq Ft, perfect for outdoor activities. Situated on the ground floor is the 2,204 Sq Ft living space, with an additional 483 Sq Ft in the garage. The market value of this residential property is $444,290.00, with an assessed value of $186,760.00. Taxes for this property amount to $2,514.50.
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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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