Property Details
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This charming property is located at 725 West Emerson Avenue in the peaceful neighborhood of Monterey Park, CA 91754. The property, situated on the east side of Ramona Acres Plat #2, consists of a 1948 residential building with 4 bedrooms, 3 bathrooms, and a total living space of 1872 sq ft. The lot covers a spacious 6296 sq ft and includes a commercial AC system, but no heating. The property last sold on 05/09/1997 for $235,000 and is currently assessed at $367,854 with $86,085 worth of improvements. With its prime location and comfortable living accommodations, this property is the perfect choice for any potential homeowner.
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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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