Monday, August 12, 2013
Latest project maintains stability on western end of Knox Hill
The acquisition of a prominent Victorian home on the western end of Knox Hill will maintain the stability of the area.
The home, which sits on three landscaped lots on Fairmount, was in the same family ownership for the last four decades. The 1880's era victorian was one of the earlier homes in that area which is surrounded by homes built primarily from 1900-1920. In the 1950's the house was used as rooming house and the majority of those that lived there worked at the Lunkenheimer Valve Company.
The home will have the exterior restored to Secretary of the Interior standards for Historic Preservation, in partnership with the Knox Hill "Save-not-Raze" program. The home will also get a period style front porch. The formal and informal landscaped grounds include raised beds and mature flowering bushes and an apple tree are being cleaned up and brought back to original appearance. The three bedroom, 2 bath home has most of its original 2 over 2 windows and a unusual "moorish design" Lincrusta wallpaper along the staircase. The home features a full dry basement that could be refinished for an additional 900 sq foot of living space.
The home will be resold with an attached protective deed covenant that requires the exterior of the home to be maintained to preservation standards and that it must remain single family. Prospective buyers will be required to submit a plan for the interior, which will require mechanical updates and other work, demonstrate financial responsibility or financing to complete the restore which must be completed within 24 months.
This home sits prominently on a raised lot which sits near the western entrance to the Knox Hill Neighborhood.