Property Details
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This charming property at 6920 Nicollet AVE in Minneapolis, MN 55423 is located in the Carroll's Addition subdivision and is situated on a spacious lot measuring 75 feet by 125.37 feet. The house, built in 1951, is a cozy residential property with 3 bedrooms, 1 bathroom, and 1,050 square feet of living space spread across 2 stories. The property also includes a garage with 400 square feet of space and a lovely fireplace for warmth and ambiance. The assessed value of the property is $261,900, with $153,600 for improvements and $108,300 for the land.
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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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