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205 Rollins Ave, Hamlet, NC 28345
DETAILS
Type: Single Family
Bedrooms / Baths: 3 bed / 1 bath
Living Area: 1,200 sq ft
Year Built: 1948
Lot Size: 0.23 acres / 10,050 sq ft
Utilities: City Water & Sewer
Occupancy at Closing: Currently occupied; will be vacant at closing
Closing Date: 11/02/2026
Closing Attorney: Atlas Orange
Asking Price: $58,000
COMPARABLE SALES
| Address | Home Size | $/sqft | Price | Status | Beds |
|---|---|---|---|---|---|
| 302 Juanita Ave | 1,260 sq ft | $138 | $173,750 | Sold | 3 |
| 908 Jefferson St | 1,158 sq ft | $139 | $161,000 | Sold / As-Is* | 3 |
| 906 Rice St | 1,160 sq ft | $112 | $130,000 | Sold / As-Is* | 3 |
| 506 Hawthorne St | 1,073 sq ft | $138 | $148,000 | Pending / As-Is* | 3 |
| ⭐ 205 Rollins Ave (SUBJECT) | 1,200 sq ft | $48 | $58,000 | Asking | 3 |
Comp Average: ~$154,917 (~$130/sq ft)
Our Price: $58,000 ($48/sq ft)
Spread: ~$96,917 to the sold-comp average
Before repairs and other costs. Pending comp excluded; *as-is condition per research notes.
OVERVIEW
This 3-bed, 1-bath Hamlet home is offered at $58,000, about $96,917 below the three sold comps’ average. Those homes sold for $130,000–$173,750 and are similar in size; Jefferson was marketed as well maintained. Budget for renovation, including ceiling and siding repairs. City water and sewer, with vacant possession at closing.
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. 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.