Garner Flip Opportunity! For Sale

  • $237,000
  • 3 beds
  • 2 baths
  • 1877 sqft

VIEW FULL PHOTO ALBUM

DETAILS

Type: Single Family
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 1,877 sq ft
Year Built: 1977
Lot Size: 0.39 acres / 16,988 sq ft
Utilities: City Water & Sewer, Duke Energy electric; all electric
Occupancy at Closing: Will be vacant at closing
Closing Date: 11/16/26
Closing Attorney: Atlas Orange
Asking Price: $237,000

Tax value is $281,851 with annual taxes of approximately $2,943 (2025; Parcel ID 1710.10-27-7122-000, zoned R4). Note: no working central HVAC reported; occupants currently use space heaters and window AC units, which are not included. Roof reported to be approximately 10 years old. Currently owner occupied. Sold as-is.

COMPARABLE SALES

Address Home Size $/sqft Price Status Beds
1017 Flanders St 1,725 sq ft $264 $456,000 Sold —
908 Park Ave 2,173 sq ft $192 $416,708 Sold —
102 Castill Pl 1,670 sq ft $213 $355,000 Sold —
1602 Lakeside Dr 1,613 sq ft $219 $353,000 Sold —
1301 Brucemont Dr 1,654 sq ft $204 $337,500 Sold —
408 Lakeside Dr 1,623 sq ft $209 $339,900 Pending (asking) —
⭐ 907 Buckingham Rd (SUBJECT) 1,877 sq ft $126 $237,000 Asking 3

Comp Average: ~$383,600 (~$218/sq ft)
Our Price: $237,000 ($126/sq ft)
Spread: ~$172,800 (size-adjusted: 1,877 sq ft × sold comp average $/sq ft; before repairs and costs)

Averages use the five sold comparisons only; the pending asking price is excluded.

OVERVIEW

This 3 bed/2 bath Garner home offers 1,877 sq ft on 0.39 acres at $237,000 ($126/sq ft), approximately $92/sq ft below the sold comp average and nearly $45,000 below its tax value. The five nearby sold comparisons range from $337,500 to $456,000, with varying sizes and renovation levels. Central HVAC is a key renovation item, and the property offers room for a buyer to update the interior and evaluate a flip or hold plan. City water and sewer are in place. The home will be vacant at closing, targeted for November 16, 2026, through Atlas Orange.

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
  • Target closing date for this property: November 16, 2026, subject to the executed agreement
  • 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:
$237,000
Address:
Garner, NC 27529
Square Feet:
1877
Lot Size:
0.39 acres / 16,988 sq ft
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1977

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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