108 Kelly Lane, Clayton, NC 27520
🔥 Clayton, NC. Triangle area. Single Family. 3 bed / 2 bath. 1,347 sq ft on a quarter acre. Same-street comps trading at $273K–$315K. Priced at $240K. 🤝
📸 👉 CLICK HERE FOR FULL PHOTO ALBUM 👈
💰 Asking: $240,000 | Comp Average: ~$308,000 | 🔥 Spread: ~$68,000
🏠 Property Details
| Type | Single Family Residence |
| Bedrooms / Baths | 3 bed / 2 bath |
| Living Area | 1,347 sq ft |
| Year Built | 1998 |
| Lot Size | 0.25 acres |
| Utilities | City Water & Sewer + Duke Energy |
| Closing Date | April 7, 2026 |
| Closing Attorney | Atlas Orange |
🚨 OCCUPANCY WARNING — Post-Closing Possession
Seller requires up to 14 days after closing to vacate the property. A portion of the seller’s proceeds will be held back until vacancy is confirmed by the buyer, with a per diem penalty applied against the seller for each day beyond the agreed-upon move-out date. Plan your timeline accordingly. This is a negotiated term of the contract.
📊 Comparable Sales
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 108 Christy Cir, Clayton | 1,322 | $330,000 | $250/sq ft | Sold 6/25 — Updated Kitchen & Baths, New Roof |
| 473 Hunter Way, Clayton | 1,377 | $320,000 | $232/sq ft | Sold 5/25 — Same Subdivision (Glenhaven) |
| 113 Kelly Ln, Clayton | 1,390 | $315,000 | $227/sq ft | Sold 8/25 — Same Street |
| 416 Hunter Way, Clayton | 1,411 | $303,000 | $215/sq ft | Sold 1/26 — Same Subdivision |
| 112 Kelly Ln, Clayton | 1,219 | $273,000 | $224/sq ft | Sold 1/26 — Same Street, Same Year Built |
| Comp Average (sold) | ~1,344 | ~$308,000 | ~$230/sq ft | |
| 🏷️ Our Price | 1,347 | $240,000 | $178/sq ft | |
| 💸 Your Spread | ~$68,000 |
Note: Two comps are directly on Kelly Ln — the same street as the subject. The floor comp (112 Kelly Ln, same street, same year built, similar size) sold for $273K in January 2026 — that’s $33K above our asking price on its own.
💡 At $178/sq ft you’re buying into a tight, well-established Clayton neighborhood at a steep discount. Every comp in the set — including two on the exact same street — sold between $273K and $330K within the last 12 months. The subject is priced $33K below even the lowest same-street comp. Factor in the post-closing possession period, run your numbers, and the margin is still there.
📋 Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.