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DETAILS
Type: Single Family
Bedrooms / Baths: 4 bed / 2 bath
Living Area: 3,279 sq ft
Year Built: 1997
Lot Size: 0.26 acres (11,326 sq ft)
Zoning: RS-20(D)
Utilities: City Water & Sewer
Tax Value: $594,588
Parcel ID: 151843
Annual Taxes: $5,448
Occupancy at Closing: Seller will need 7 days after closing to vacate. 50% of seller’s proceeds will be held back until buyer confirms vacancy.
Closing Date: 09/22/26
Closing Attorney: Atlas Orange
CONDITION
- Roof is approximately 20-25 years old
- HVAC system is operational but needs work
- Water is city water/sewer; electric and gas providers not yet confirmed
- Property will NOT be cleared of items, junk, or debris inside or outside — anything left behind is the Buyer’s responsibility
- Property sold as-is
COMPARABLE SALES
1015 Goldenview Ct — 3,150 sq ft — $650,000 — Pending reference: went under contract in 2 days; excluded from average
716 Stinhurst Dr — 2,999 sq ft — $740,000 ($246.75/sq ft) — Sold
7 Monteith Ct — 3,247 sq ft — $670,000 ($206.34/sq ft) — Sold
7103 Montibillo Pkwy — 3,056 sq ft — $690,000 ($225.79/sq ft) — Sold as-is
205 Landreth Ct — 3,281 sq ft — $620,000 ($188.97/sq ft) — Sold; dated condition
Comp Average: ~$680,000 (~$217/sq ft)
Our Price: $530,000 ($162/sq ft)
Your Spread: ~$150,000
At $64,588 below the county’s own $594,588 tax value, this deal offers an unusual built-in cushion before you even factor in the comp spread — a flip or hold buyer is getting the property under its own assessed value and roughly $150K under the neighborhood’s sold comp average.
OVERVIEW
8 Avonlea Ct, Durham, NC 27713
Priced at $530,000, this home is roughly $64,588 — nearly 11% — below its own $594,588 tax value, on top of sitting well under recent neighborhood sale comps of $620K-$740K. One nearly identical-size home nearby went under contract in just two days at $650K, underscoring the demand in this pocket of South Durham. The property is minutes from Research Triangle Park, Southpoint Mall, and RDU Airport, with over 3,200 sq ft on a 0.26-acre lot — plenty of room for a flip or hold buyer to absorb the junk-out, HVAC repair, and roof reserve this one needs.
Comp Avg (Sold): ~$680,000 | For Sale Avg: ~$680,000
Priced Below Tax Value: $64,588 under (~11% below) the $594,588 tax value
DISCLAIMER — Please Read Before Submitting an Offer
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 are not representing ourselves as such. We do not represent the owner.
Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.
Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
Offer & Deposit Terms
A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal
Closing will occur as quickly as possible, but no longer than 30 calendar days
Buyer pays all closing costs — closing costs are NOT included in the asking price
Taxes will be prorated and split between parties
$495 transaction fee payable to Bright Home Offer LLC
Closing will be conducted with our closing attorney
As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.
No repairs or improvements will be made prior to closing
No clean-out or clean-up of any kind will be completed
Property will not be broom clean at closing
Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either:
Negotiate your commission/fee directly with your client, separate from the wholesale price, or
Adjust the wholesale price upward to include your fee
If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.