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Stigmatized Properties

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VegasWayne

Senior Member
Joined
Nov 15, 2007
Professional Status
Licensed Appraiser
State
Nevada
For anyone interested in stigmatized properties, Stephan Paddock's two houses in Nevada are now listed for sale, Stephan Paddock was the killer of 58 people on Oct. 1, 2017 in Las Vegas. The addresses are 1372 Babbling Brook Court, Mesquite, NV and 1735 Del Webb Parkway West, Reno, NV.
 
For anyone interested in stigmatized properties, Stephan Paddock's two houses in Nevada are now listed for sale, Stephan Paddock was the killer of 58 people on Oct. 1, 2017 in Las Vegas. The addresses are 1372 Babbling Brook Court, Mesquite, NV and 1735 Del Webb Parkway West, Reno, NV.
Not too stigmatized because nobody was ever killed in those homes and people mostly never knew this guys name , my best guess is a 10% to 20% haircut at most , when things get nasty is when a celebrity is murdered or multiple murders are committed in a house then haircuts get very large.
 
looks like one agent is disclosing the owner and the other is not...

1735 Del Webb Pkwy W
Reno, NV 89523


Beautiful home in a 55+ adult community. With the high ceilings and lots of windows, this home is bright and cheery. Great kitchen with breakfast bar is open to the family room. Great views from the front porch. This was Stephen Paddock's house. All net proceeds go to the victims families. This is an estate sale and is subject to court approval.


1372 Babbling Brook Ct, Mesquite, NV 89034

Breathtaking views, generous lot size ready for pool or your own desert oasis in the making, features a Pursuit model with open floor plan, 2 bedrooms, 2 baths, plus an office/den in Sun City Mesquite Prominence Pt. subdivision. The home has upgraded tile in all rooms. Upgraded modern granite kitchen counter tops, upgraded expresso color cabinets with hardware in kitchen, baths, and laundry room with sink. The master bath has a jetted soaker tub and shower with Rain Shower Head. The exterior of the home has been recently painted July 2018. All residents of Sun City have access to the 30,000 recreation center with indoor and outdoor pools, spas, billiard tables, ping pong, tennis, bocce ball, pickle ball courts, putting greens and so many more amenities. Residents also enjoy reduced rates at Conestoga Golf Course and 1880 Grille. SID PAID! ($8,514.32).
 
Zillow shows the one in Reno as having been owned by Paddock and that proceeds from the sale will go to the victims. They don't mention it for the one in Mesquite. The local newspaper reports that the house in Mesquite was appraised for $390,000 and it is currently listed for $449,000. The garage door has been replaced after it was torn off by the FBI when they searched the property. The murder weapons were stored at the Mesquite property prior to the shooting. I don't think it will sell at a premium like the listing agent seems to believe.
 
Interesting. I was actually thinking about this topic back when the news media was camping out at his home.
I wonder if any negative stigma would be erased, knowing that the proceeds are going to the victims?
We shall see.
Please update us when you know more, Mr Wayne
 
Zillow shows the one in Reno as having been owned by Paddock and that proceeds from the sale will go to the victims. They don't mention it for the one in Mesquite. The local newspaper reports that the house in Mesquite was appraised for $390,000 and it is currently listed for $449,000. The garage door has been replaced after it was torn off by the FBI when they searched the property. The murder weapons were stored at the Mesquite property prior to the shooting. I don't think it will sell at a premium like the listing agent seems to believe.
The house would be better used as a museum of the macabre. The FBI can then set up hidden security cameras noting who the tourists interested in such activities are. I mean, the govt spy’s on everyone anyway, why not set up an attraction that would appeal to other wold be serial killers
 
Speaking of stigmatized homes:
"Original Brady Bunch house sells for WAY OVER asking price!" - Realty Line
 
Last edited:
Speaking of stigmatized homes:
"Original Brady Bunch house sells for WAY OVER asking price!" - Realty Line

(It's always "Marcia, Marcia, Marcia!")


and the buyer was HGTV. they are going to make a show out of it.
 
Question to answer is: Are they worth more or less because of it?
 
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