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814 Shadow Lake Drive is a beautiful 2-story residential property located in an unincorporated area of Lithonia, Georgia. The property features 4 bedrooms, 3 bathrooms, and one partial bathroom, as well as a spacious 2,208 square feet of living space. The home was built in the year 2000 and includes a 240 square foot garage. The property sits on a large lot of 13,068 square feet and boasts a central cooling system, a central heating system, and a cozy fireplace. The tax assessed value of the property is $112,480, with $100,480 in improvements and $12,000 in land value.
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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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