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Located at 814 Denning Ford Rd in Portland, TN, this impressive residential property offers a spacious living area of 3,357 sq ft. Built in 1998, the two-story home features four bathrooms, one fireplace, and a generous lot size of over 15 acres, providing ample outdoor space for various activities. The property, situated in the Brook Prop subdivision, was valued at a market price of $420,600, with significant improvements contributing to its assessed value of $105,150. With a recent sale recorded at $825,000 in December 2022, this home exemplifies a blend of comfort and investment potential.
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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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