Stafford Estates
Home Up

 

Above, detail from mantel

 

Marigold probably (subject to your confirmation) would qualify for the Virginia Tax Credit program for qualifying rehabilitation expenses.  This program allows for a Virginia Income Tax Credit of 25% of qualifying expenses meeting guidelines.  Please note that you must qualify for the program, register for the program and follow guidelines.   That program applies if you are going to use the house as a residence.  If the house is used as an investment property, the Federal Tax Credit of 20% might apply; thus generating 20% of the qualifying expenses as a federal tax credit and 25% of qualifying expenses as a state tax credit.

Details can be found at:  http://www.dhr.virginia.gov/tax_credits/tax_credit.htm

 

Below, view front elevation;                             

Create an Estate or Compound

At 330 acres, there is enough room for a substantial home and the context for a fine estate.  The house sits back off Upright Road enough distance for privacy.

Above, old photo of house; courtesy of Ellen Huppert

Below, Sketch from Essex County tax office; measurements are approximate

There are many different approaches to fixing up or restoring an old house.

One approach might be to remove the existing kitchen and replace it with a larger two story structure.  First floor might have a larger kitchen, bathroom and laundry rooms, etc. The second floor could bring up bathrooms and other rooms to the second story of the old house.  As a result, the old house retains its integrity and is not chopped-up and all new bathrooms and other rooms are easily built in a new structure. It is the best of both worlds.

Above, the symmetrical 'bump-outs' behind the two story frame house are unique and appear to be original. .

 

Marigold might qualify for inclusion on the State and National Registers of Historic Places.   A qualified consultant could provide more details.

IF Marigold is put on the Register, it might, subject to the terms and conditions of the program, qualify for the 25% Virginia Tax Credit program for the rehabilitation/restoration of historic structures. If used for investment or commercial purposes (treated as investment property), a Federal 20% tax credit might be possible.

More information (Register of Historic Places and Tax Credits) can be found at the web site for the Virginia Department of Historic Resources at:   http://www.dhr.virginia.gov/

Above and below, DOUBLE CLICK TO ENLARGE TO VIEW AND/OR PRINT

Note the flooring.

Below detail of one of the mantels

 

Above, detail of staircase, with original railing.

Below, view of basement and flooring, note conditions of beams.



 

Below, detail of two story addition

The brick for the two story addition came from an old church dating to the 1700's.  The old church site is a little over a half mile away, on the farm. It is an interesting and fascinating history.  Renovation of the house would result in a home which is very unique.

Double click the thumbnail pictures to view full size.

Above, view of attic of two story part of house;

Above, first floor of Brick two story addition was removed, because of termite damage.

Below, the second floor of the two story brick addition (brick from the church circa 1700's) is in place.

 

Above, attic flooring for the two story brick addition, which retains a large amount of fabric.

Below, detail of roofing for two story brick addition.

Above, current view of house;

Below, older photo of house, courtesy of Ellen Huppert.

 

 

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For more information, contact:  Mr. Alex Long,  CCIM (Certified Commercial Investment Member), AICP (American Institute of Certified [land] Planners)  ALC - Accredited Land Consultant.   540.371.8700,

 NOTE:  Information is not guaranteed in terms of accuracy and or scope.  Purchaser should investigate any and all facts and or circumstances or conditions of or about the property and or land use, etc.           

 

Mr. Alex Long,  Weichert Realtors  540.371.8700   Contact:    along@ccim.net   Copyright 2007 All rights reserved.