PHOTOS COMING SOON
492 Merriman St, Henderson, NC 27536
DETAILS
Type: Single Family
Bedrooms / Baths: 2 bed / 1 bath
Living Area: 924 sq ft
Year Built: 1958
Lot Size: 0.28 acres / 12,197 sq ft
Utilities: City water and sewer; Duke Energy electricity; gas/other not provided
Occupancy at Closing: Vacant now
Closing Date: 11/20/26
Closing Attorney: Atlas Orange
Asking Price: $55,000
Tax Value: $48,895; Annual Taxes: $666; Parcel ID: 0021 09002; Zoning: HR6.
Roof: Seller reports half of the roof is brand new and less than five years old.
HVAC: No HVAC system; installation needed. Repairs and prior fire damage reported. Sold as-is. Refrigerator excluded.
COMPARABLE SALES
| Address | Home Size | $/sqft | Price | Status | Beds |
|---|---|---|---|---|---|
| 1220 Roanoke Ave | 1,080 sq ft | $198 | $214,000 | Sold | 3 |
| 924 Buckhorn St | 1,066 sq ft | $159 | $170,000 | Sold | 3 |
| ⭐ 492 Merriman St (SUBJECT) | 924 sq ft | $60 | $55,000 | Asking | 2 |
Comp Average: $192,000
Our Price: $55,000
Total Spread: $137,000
Before repairs, fees, financing and other costs; not guaranteed profit or ARV. Both sold homes have three bedrooms and more living area; Roanoke was renovated and Buckhorn had central HVAC and fresh paint. Subject has reported fire damage and no HVAC.
OVERVIEW
Henderson renovation opportunity at $55,000! This vacant two-bedroom home offers 924 sq ft on a 0.28-acre lot, with city water and sewer already reported. Bring your renovation plan and evaluate the potential for your next flip or hold. Review the property condition and complete your due diligence before submitting an 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.