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This charming home is located at 818 North 13th Street in Niles, MI 49120. The property is described as LOT 5 CALVIN & DICK'S ADD CITY OF NILES and has a legal lot number 5 in the subdivision of CALVIN & DICKS ADD. The tax assessed value is $41,100.00, with a market value of $82,200.00. The property was built in 1925 and is a cozy residential home with 2 bedrooms and 1 bathroom. The living space is a total of 1,008 square feet and the lot size is 5,314 square feet with a garage measuring 360 square feet. Heating is provided by a forced air system.
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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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