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This charming residential property, located at 9000 Northeast Martin Luther King Junior BLVD Unit 62 in Portland, OR, is part of the DAVIS IMPROVED ADD subdivision. The property spans 6052 sq ft and includes a 950 sq ft living space on the ground floor with 2 bedrooms, 2 bathrooms, and a fireplace. The garage adds an additional 220 sq ft. Built in 1947, the property boasts a total market value of $675,000 with $211,000 worth of improvements and $464,000 for the land.
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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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