Property Details
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This residential property, located at 66 Rita Rd in Springfield, IL, features a spacious lot with a total of 13,068 square feet. The land measures W 143.75' E 223.75' S 91.235' N 103.235' and is situated within SE 14-15-5. The property also includes a residence with a last sale amount of $103,500. With an assessed value of $43,761 and a market value of $131,283, this property presents a great opportunity for investment. With no heating, buyers have the option to customize and add their own personal touch to this potential home.
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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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