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212 Epperson Dr, Durham, NC 27712
DETAILS
Type: Single Family
Bedrooms / Baths: 2 bed / 1 bath
Living Area: 1,116 sq ft
Year Built: 1961
Lot Size: 0.49 acres (21,344 sq ft)
Utilities: City Water & Septic
Occupancy at Closing: Occupied now, will be vacant at closing
Closing Date: 09/18/26
Closing Attorney: Atlas Orange
Asking Price: $145,000
Zoning is RR, tax value is $211,855 with annual taxes of $1,646 (Parcel ID 188358); the property is occupied now but will be vacant at closing, eliminating any eviction risk or holding delay for the buyer.
COMPARABLE SALES
720 Harold Dr, Durham, NC 27712 — 1,158 sq ft — $268,000 ($231/sq ft) — Sold 05/22/26
720 Jonquil St, Durham, NC 27712 — 1,077 sq ft — $295,000 ($274/sq ft) — Sold 06/30/26
6423 Whitt Rd, Durham, NC 27712 — 1,314 sq ft — $271,000 ($206/sq ft) — Sold
Excluded reference (land-driven value, not comparable on acreage):
732 Mason Rd, Durham, NC 27712 — 1,185 sq ft — $390,000 ($329/sq ft) — Sold, 5+ acres
7518 Russell Rd, Durham, NC 27712 — 1,156 sq ft — $320,000 ($277/sq ft) — Pending, 6+ acres
Comp Average: ~$278,000 (~$237/sq ft)
Our Price: $145,000 ($130/sq ft)
Spread: ~$133,000
OVERVIEW
This 2 bed/1 bath home on nearly a half acre in North Durham is priced $133,000 below the comp average — a strong spread for either a flip or a hold. At $130/sq ft, this property is priced well under every comp in the immediate area. North Durham offers easy access to Duke University, downtown Durham, and Research Triangle Park, all of which continue to drive housing demand in this submarket. With city water and septic, no HOA, and the property vacant at closing, this is a straightforward acquisition with no eviction risk or holding delay for the buyer.
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.