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1516 College St, Oxford, NC 27565
DETAILS
Type: Single Family
Bedrooms / Baths: 2 bed / 1 bath
Living Area: 820 sq ft
Year Built: 1945
Lot Size: 2 acres / 87,120 sq ft
Utilities: Well & Septic
Occupancy at Closing: Will be vacant at closing! Occupied now
Closing Date: 09/22/26
Closing Attorney: Atlas Orange
Tax value is $53,822 with annual taxes of $693 (Parcel ID 192403034191, zoned RA).
COMPARABLE SALES
119 Rayland St, Oxford, NC 27565 — 884 sq ft — $225,000 ($255/sq ft) — Pending reference (excluded from average)
1207 College St, Oxford, NC 27565 — 940 sq ft — $200,000 ($213/sq ft) — Sold
200 Westbury Dr, Oxford, NC 27565 — 864 sq ft — $158,000 ($183/sq ft) — Sold
200 W Westbury Dr, Oxford, NC 27565 — 878 sq ft — $140,000 ($159/sq ft) — Sold
616 Roxboro Rd, Oxford, NC 27565 — 1,080 sq ft — $125,000 ($116/sq ft) — Sold
120 Carolina Ave, Oxford, NC 27565 — 952 sq ft — $179,000 ($188/sq ft) — Active reference (excluded from average)
Comp Average: ~$155,750 (~$166/sq ft)
Our Price: $65,000 ($79/sq ft)
Spread: ~$90,750
At $79/sq ft, this is priced even further under every sold comp in the area — even the lowest sold comp (616 Roxboro Rd at $116/sq ft) leaves this deal with real room. The spread to the comp average now clears $90K, one of the widest margins in this market.
OVERVIEW
1516 College St, Oxford, NC 27565
This 2 bed/1 bath home sits on a 0.68-acre lot, priced at $65,000 — a $90,750 spread to the sold comp average of $155,750. At $79/sq ft, this property is priced well under every sold comp in the area. Oxford has been called “the next boomtown” by Business North Carolina, sitting roughly 30 miles up the corridor from the Research Triangle, and continues to see real investment — Dill Air Controls Products is currently expanding its Oxford facility by 20,000 sq ft with a $6.5 million investment, backed by a Granville County incentive package. With well and septic already in place and the property vacant at closing, this is a clean, fast-close opportunity in a growing market.
Comp Avg (Sold): ~$155,750 | For Sale Avg: ~$179,000
Source: Granville County Government LinkedIn, Business North Carolina
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.