Property Details
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This single-family home, located at 6928 Newton Avenue South in Richfield, Minnesota, is a charming and well-maintained property. With a lot size of 6098 square feet and a spacious 1056 square feet of living space, this 3 bedroom, 1 bathroom home is perfect for a small family or couple. Built in 1958 and last sold in 2019 for $239,900, this residential property boasts a market value of $326,600, including $187,200 in improvements. The garage, with 308 square feet, provides ample space for parking and storage.
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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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