07/01/2021
Grand Old Home on Gypsy Lane near 5th Ave
Literally right across the Trumbull County line
Across from Stambaugh golf course (what a view!)
Live in it yourself, or would make a lovely B&B.
CLOSE BY: shopping, dining, 2 lakes, Youngstown State campus/sports, downtown Youngstown (revitalized), entertainment, wineries, golf, swimming, community center, 2 country clubs, casino and more. Within an hour or less drive: Amish country (and Middlefield), Lake Erie and Geneva on the Lake, Pymatuning Lake, Pittsburgh and Cleveland.
*Some pics taken before renovation began - All carpet and wallpaper has been removed. All hardwood floors except for bathrooms, kitchen, breakfast nook and foyer. Do not have pics of everything because, frankly, it looks like a remodeling zone ;)
This is not a flip. We purchased this home with the intention of living there, sparing no expense to bring her back to her original glory. She's almost there.
However, we purchased the family home about 30 minutes away, so we'd like to find her a new owner who will finish her (or we can finish her with the new owner's choice of colors for flooring and walls) and love her as much as we do.
3 story, custom brick, 3400+ sq ft, blacktop driveway, landscaping
Beautiful Original Koi Pond!
5-6 bdrms, 3 3/4 baths, 4 fireplaces, hardwood floors throughout, LR, DR (marble inlay), foyer (marble floor), Breakfast Nook (with built ins), Kitchen (new cupboards, countertop, floor tile), Full Size Dressing Room on 2nd floor (with closets, built in drawers and cupboards), Master Bdrm on 2nd floor with fireplace and full bath, Jack n Jill Bdrms on 2nd floor with fireplaces and shared full bath, 2 Bdrms on 3rd floor with bonus room off 1 bdrm and shared bath. Extremely wide staircases (we carried a piano to the 2nd floor).
Security system (though this is truly a safe area - have never had any problems!)
Window seats throughout the house (I think there are at least 9 window seats)
All BATHROOMS have original WORKING fixtures. All have original tubs, sinks (3 have huge pedestal sinks) and toilets (with insides of tanks rebuilt) and all sink drains (sink and floor) have been snaked. 2 bathrooms have original subway tile on walls, 3 bathrooms have original mosaic floor tile. Third floor bathroom has all original fixtures - tub, toilet, sink, towel bar and even the bell used to summon the maid
4 ORIGINAL GAS FIREPLACES: checked for leaks. All have chimneys.
Light Fixtures: Many original, all working
4 PORCHES: 1 large front porch with ceiling and ceiling fan, side porch, enclosed back porch off dining room, enclosed back porch off 2nd floor bedroom.
BASEMENT: 5 rooms. Coal room (including blade and conveyor that conveyed the coal through the wall and straight into the original coal boiler), Boiler Room (with original non working boiler and brand new energy efficient boiler), Wine Cellar (with brick floor), Fruit Cellar and Main basement room (with original clothing press!) and 1/4 bath.
Attached 2 car garage.
LANDSCAPING: many beds, tons of flowers and greenery.
WHAT'S BEEN DONE:
Failing slate roof removed, and new 50 year architectural shingles roof, all new plumbing (pex, all old plumbing removed), electric upgraded to 200 amp (new box in basement, new box in garage), with additional outlets added and more, 220 line to new deck (for hot tub - hot tub is in storage, ready to be installed), all asbestos professionally removed, new energy efficient boiler and more. Main drain outside replaced. New hot water tank (1940s hot water tanked still worked and is still there because it's cool). All pine trees taken down (so no needles or sap!)
Gas fireplaces have been checked for leaks as has basement. Inspected when purchased for mold and radon. Shower added to master bath.
Basically every inch of this house was gone over by inspectors, contractors and us, in search of every possible thing that needed fixed, upgraded or updated, with a focus on staying true to the historical nature of the home, while making it functional for modern living.
WHAT NEEDS DONE:
2nd and 3rd floors: trim/doors/floors have been stripped and sanded and are ready to stain. Wallpaper (layers) has been removed and walls are mostly repaired and ready to prime and paint. Hardware will need put back on doors, etc. 3rd floor bathroom would do well with an epoxy or floating vinyl tile floor.
1st Floor: Hole in LR ceiling from water leak needs fixed (it's not too big). Spot on floor from water leak needs sanded, bleached and new polyurethane (it's discolored, not damaged). Trim in DR needs stained, yellow pine floor in center (surrounded by marble inlay) in dining room needs stained. LR and Breakfast Nook need painted.
Basically, walls, floors and trim (and the hole in the ceiling). Everything else has been done. All the major expenses have been completed.
NEGOTIABLE: some antique furniture, spinning wheel, antique dining room set.
COMPS: You will not find much in the way of comparables to this house. Houses on Gypsy have recently sold for 150k - 192k, without all the updating/upgrading, attention to detail and original features and working original fixtures.
And while this house isn't done, it could be done by a new home owner working alone in a matter of 30-60 days (and any materials we purchased for the house but haven't used will stay with the house in the sale, including paints, stains, polyurethane, etc)
Over $270k invested plus a lot of time (the $270k is just the big ticket work).
Willing to sell as-is for $239k (approx $70.00/sq ft) or completely finish what's left to do with colors the choice of the new owner for $259k (approx $76.00/sq ft) - over 150k has been invested on top of the cost of the house so far. The price is negotiable within reason.
OR
May consider owner financing with substantial down payment, with interest only payments for 1 year
Must be able to show proof of funds and/or financing for showing.
All showings by appointment. Please do not come to the house without an appointment.
For more information, call (or text!) 330-219-5607 or message me on FB.
