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This spacious residential property at 762 Marengo Dr in Troy, MI offers 4 bedrooms and 2 bathrooms spread over 3 stories, with a total of 1,560 sq ft of living space. Built in 1972, it is located in the Clark Estates subdivision and sits on a large lot measuring 19,166 sq ft with a depth of 240 feet and a width of 80 feet. The property also features a 552 sq ft garage and a cozy fireplace. Recently sold for $10,000, the assessed value is $98,560, making it a great value for potential homeowners.
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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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