Durham Investment Opportunity! For Sale

  • $315,000
  • 4 beds
  • 3 baths
  • 1960 sqft

VIEW FULL PHOTO ALBUM

DETAILS

Type: Single Family
Bedrooms / Baths: 4 bed / 3 full bath
Living Area: 1,960 sq ft
Year Built: 1978
Lot Size: 0.49 acres / 21,344 sq ft
Utilities: City water and sewer
Occupancy at Closing: Currently occupied; vacant at closing
Closing Date: November 18, 2026
Closing Attorney: TBD
Asking Price: $315,000

One-car attached garage. HVAC is less than 6 months old, roof replaced approximately 4 years ago, and water heater approximately 2 years old, per acquisition information. Interior finishes offer updating potential; see the complete photo album. Reported tax assessment is $352,476; 2025 tax history shows $1,416 (Parcel ID 181979, zoning RR). Buyer to verify current taxes and property details. Sold as-is.

COMPARABLE SALES

Address Home Size $/sqft Price Status Beds
5234 N Willowhaven Dr 2,113 sq ft $237 $500,500 Sold 4
2032 Bayleaf Dr 2,184 sq ft $219 $479,000 Sold 4
1621 Bramble Dr 1,950 sq ft $197 $384,000 Sold 3
1224 Bramble Dr 2,160 sq ft $153 $330,000 Sold (As-Is) 4
⭐ 5506 Russell Road (SUBJECT) 1,960 sq ft $161 $315,000 Asking 4

Comp Average: $423,375 (~$201/sq ft)
Our Price: $315,000 (~$161/sq ft)
Spread: ~$79,900 (size-adjusted: 1,960 sq ft × average sold price of ~$201.47/sq ft). Gross comparison before repairs, fees, financing and other costs; not guaranteed profit or a formal valuation.

OVERVIEW

Four bedrooms, three full baths and a half-acre setting in Durham’s Willowhaven subdivision, offered at $315,000. Recent HVAC, roof and water-heater updates provide a starting point for buyers planning interior improvements. The selected 2026 sales range from $330,000 for an as-is renovation opportunity to $500,500 for an updated Willowhaven home. The $384,000 Bramble sale is almost identical in size and close in age; Bayleaf is a newer home with an updated kitchen. These are condition-sensitive comparisons, and buyers should determine their own repair scope and resale assumptions.

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 is scheduled for November 18, 2026
  • 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.

Price:
$315,000
Address:
Durham, NC 27712
Square Feet:
1960
Lot Size:
0.49 acres
Bedrooms:
4
Bathrooms:
3
Terms:
For Sale
Property Type:
Home
Year Built:
1978

Call (209) 630-6215 for more details

VIP Buyer Offer Form

Please submit your Highest and Best Offer as we often get more than the asking price on our deals!

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