VIEW FULL PHOTO ALBUM
424 Clayton Rd, Durham, NC 27703
DETAILS
Type: Single Family
Bedrooms / Baths: 3 bed / 1 bath
Living Area: 1,418 sq ft
Year Built: 1901
Lot Size: 1.2 acres / 52,272 sq ft
Utilities: Well water & city sewer; Duke Energy electricity; no gas reported
Occupancy at Closing: Vacant now
Closing Date: 11/17/26
Closing Attorney: Atlas Orange
Asking Price: $160,000
Tax value: $277,622; annual taxes: $2,046; Parcel ID: 158983; zoning: RS-10.
Roof: Seller reports approximately 12 years old.
HVAC: Seller reports approximately 10 years old, central heating and cooling, still operational. .
COMPARABLE SALES
| Address | Home Size | $/sqft | Price | Status | Beds |
|---|---|---|---|---|---|
| 3019 Ross Rd | 1,002 sq ft | $215 | $215,000 | Sold | 2 |
| 622 Lynn Rd | 1,148 sq ft | $225 | $257,732 | Sold | 3 |
| 3013 Wedgedale Ave | 996 sq ft | $201 | $200,000 | Sold / As-Is | 3 |
| ⭐ 424 Clayton Rd (SUBJECT) | 1,418 sq ft | $113 | $160,000 | Asking | 3 |
Comp Average: ~$224,244 (~$213/sq ft)
Our Price: $160,000 ($113/sq ft)
Spread: ~$64,244 versus sold-comp average
Before repairs, fees, financing and other costs. Comps are smaller, newer homes on 0.26–0.53 acre lots; Lynn Rd reports newer roof and systems. This is not an ARV or guaranteed profit.
OVERVIEW
A vacant Durham home on 1.2 acres for $160,000! Three bedrooms and 1,418 sq ft give investors room to shape their next renovation or hold strategy, subject to due diligence. Smaller nearby homes closed from $200,000 to $257,732, averaging about $64,000 above our ask before repairs and other costs. Durham adds city appeal with dining, offices and entertainment at the American Tobacco Campus. Review the full album and comparison, then bring your offer!
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.