Property Details
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This beautiful residential property, located at 5542 West Hiawatha LN in Stevensville, MI, boasts a spacious lot of 15,464 square feet with a depth of 132 feet and a width of 117 feet. The building, built in 1967, is a well-maintained one-story with a total living area of 1,807 square feet and features 3 bedrooms, 2 bathrooms, and a cozy fireplace. The property is part of the desirable Newman Village community and has a tax-assessed value of $144,600.00 and a market value of $289,200.00.
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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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