PROPERTY DESCRIPTION
Price Reduction. This home is being offered as an unfinished residence. It will be available for purchase until November 1 when it will be finished by an investor. There is room for a pool or detached garage. This custom home was designed and built by the owner to become his personal residence. Kitchen and bathroom cabinets, plumbing and lighting fixtures, stone water table materials, trim work, laundry room cabinets and countertops, and other miscellaneous materials are onsite ready for installation. The septic system has been inspected, and a completion statement has been turned into the Stafford County Health Department. It supports 4 bedrooms with room to expand the capacity to 5 bedrooms. Check the document section for county approvals. This home has 400 AMP electrical service. Dominion Power has installed a transformer, and power is connected to the home. A recent appraisal places the value of this home at $824,000 as a finished residence. Buying this unfinished residence at this price is beyond a bargain. Items that need to be completed with price estimates. Trim work $5,000, cabinet installation $5,000, balance of well installation $10,000, siding and gutters including labor $20,000, HVAC exterior units $12,552, plumbing final $6,000, electrical final $5,000, wood laminate flooring $9,000, carpet in the main bedroom and closet $3,500, tile in bathrooms $7,000, stone water table (labor) $2,000, appliances $5,000, sidewalk $3,500, final grade with seed and straw $3,200, well $15,000 ($5,000 deposit made) to Northern Virginia Drilling, Inc. Depth estimate 315 feet. The contract includes well pump, pressure tank and all connections. All cabinets are soft close. The kitchen cabinets are white and the laundry cabinets are green with walnut butcher block counters. Documents attached to this listing include: OSE construction permit, septic system construction drawing and specifications, site and soil evaluation reports, septic design plans and specifications, site sketch, basement wall technical drawings, engineering reports, HVAC load calculations, well construction specifications and drawings. There is no propane gas supply agreement. Therefore the propane tank has not been installed yet. Financing will require a construction loan type such as a FHA 203K Loan.