Historic Southern Mansion…Would You Tackle It?

506 E. 3rd Ave., Red Springs, NC 28377

$37,000

Source: Coldwell Banker Advantage #4 – Breezeway

See full listing here.

This house is amazing, but would you tackle it? Your opinion please.

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From the website Birtography.com comes this excerpt about the Coxe-Arrington House.
“As I stepped into the Coxe-Arrington House a deep rush of sadness and awe came over me. It was clear this place was once really special. Micheline Hess, the current owner, greeted me at the door. Hess is a small, elderly French woman, who spoke about each room. She spoke about what it was, what it is, and what it could be again. She is the sort of woman that makes you want to go way out of your way to help her. Her passion was palpable and her kind, sparkling eyes make you feel like anything is possible.
The Backstory
In 1908 Elizabeth McLean McCormick Coxe and her seven children moved to Red Springs from South Carolina after the unexpected death of her husband to be closer to Flora McDonald College. Coxe contracted a well-known Charlotte architect James M. McMichael to build a two-story Colonial Revival home in Red Springs. McMichael built Carnegie Library in Charlotte, Scotland County Courthouse and Jail in Laurinburg, the Marianna Hotel in Marion, over 900 churches, and dozens of other structures across North Carolina.
The home is a two-story Colonial Revival home that embodies the early 20th century grandeur of Red Springs. Described in 1911 as “The Town of Handsome Houses,” the area is known for its mineral springs. McMichael incorporated a mixture of classical features, providing an air of elegance and sophistication.
The exterior features an expansive front porch supported by classical columns that wraps around three sides of the house. The ornate front entry is accentuated by a leaded-glass fanlight that leads into a vestibule with decorative hexagonal-tile floor, paneled woodwork and dentil molding along the cornice.
The same decorative woodwork carries into the large entry hall with dentil molded coped ceiling cornice highlighted by an archway supported by Corinthian pilasters that frame the staircase. The highlights of the interior are the exquisitely detailed frescoed ceilings in both front parlors. The vibrant floral motifs are surrounded by soft pastels with gilt finish and bordered by Classical garlands.”

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“The spacious first floor includes original light fixtures, wood floors, mantels with overmantels, pocket doors, heavily molded door and window surrounds, large kitchen with butlers pantry, utility room, 1-2 bedrooms, and bathroom. The second floor has 5 bedrooms, 2 bathrooms, sitting room, bedroom doors with transoms, and ornate door onto the front balcony. An arched, molded doorway with keystone leads to the back stairway into the kitchen.”

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“Shaded by mature trees, the large lot extends the depth of the block. Outbuildings include a small wood frame building, garden pergola and carport.
Coxe died in 1957 and the property passed on to her children who sold the house to Crawford G. Arrington sometime in the mid-1970’s. Another family bought the house in the 80’s and attempted to maintain the house, but the repairs they made are the exact same ones that are failing.
Don and Micheline Hess bought the property in the late 1980’s and began a restoration project that she was unable to finish due to the passing of her husband. Her children moved her to Fayetteville and she has been unable to part with the property for fear someone would tear it down or remove historic fabric in an unsympathetic remodeling.
Current Condition
The NC Preservation Society cited in 2015 that the Coxe-Arrington House will require a complete rehabilitation including a new roof, significant repairs to woodwork and plaster caused by roof leaks, porch repair, new heating and air conditioning, and cosmetic updates to the kitchen and bathrooms.
As it stands now, the porch is done. Its missing sections and the awning is on the brink of collapse. The roof is really what is doing this place in. Its been empty for 8 years now and the water damage from the leaking roof has spread into the walls and has made sections of the second floor unstable. There is a giant hole in the side of the house in the kitchen area. The original flooring on the first floor feels really solid and if it gets a new roof soon, I think the damage can be contained.”

 

 

“Hess is asking for $37,000 for the property, which is just property taxes, she is not making a profit. All-in, I would estimate that it would need anywhere from $75,000 – $100,000 in repairs. If you think about it, thats not a terrible deal. At the end of it you’ll have a 5,000 square foot historic house with 7 bedrooms and 3 full bathrooms sitting on an acre and a half for, at most, $137,000.
If you are interested in this property, you can contact David Leet for a showing at (910) 978-2943.”