Raleigh Quick Flip or Rental Opportunity! For Sale

  • $215,000
  • 3 beds
  • 3 baths

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5404 Wine Ct, Raleigh, NC 27610

DETAILS

Type: Single Family
Bedrooms / Baths: 3 bed / 3 bath
Living Area: 1,421 sq ft
Year Built: 1988
Lot Size: 0.18 acres / 7,841 sq ft
Utilities: City Water & Sewer
Occupancy at Closing: Will be vacant at closing
Closing Date: 10/15/26
Closing Attorney: Atlas Orange
Asking Price: $215,000

Electric through Duke Energy. Property needs a new roof; HVAC is operational (heating and cooling), installed 2017. Tax value is $276,391 with annual taxes of $2,430 (Parcel ID 1733.18-30-3669-000, zoned R-4).

COMPARABLE SALES

 

Address Home Size $/sqft Price Status Beds
5429 Milroy Ln 1,987 sq ft $179 $355,000 Sold 3
5321 Northpines Dr 1,918 sq ft $176 $337,000 Sold 3
1201 Kavkaz St 1,426 sq ft $240 $342,000 Sold, renovated 3
4608 Six Siblings Cir 1,608 sq ft $199 $320,000 Sold 3
2504 Landale Ct 1,527 sq ft $193 $295,000 Sold 3
5400 Lattice Grove Pl 1,397 sq ft $211 $295,000 Sold, as-is 3
1648 Extine Ln 1,399 sq ft $200 $280,000 Sold, updated 3
⭐5404 Wine Ct (SUBJECT) 1,421 sq ft $151 $215,000 Asking 3

Comp Average: ~$317,714 (~$200/sq ft)
Our Price: $215,000 ($151/sq ft)
Spread: ~$102,714

OVERVIEW

This 3 bed/3 bath home is priced at $215,000 — a $102,714 spread to the comp average of $317,714. At $151/sq ft, this property is priced well under every comp in the immediate Southeast Raleigh area. Raleigh was recently named one of the nation’s top “star markets” for consumer momentum in 2026 by Placer.ai, citing job growth, steady in-migration, and a diversified economy anchored by the Research Triangle’s education, tech, life sciences, and healthcare sectors. Southeast Raleigh specifically is the focus of the city’s Southeast Special Area Study and the Southeast Raleigh Promise’s Rock Quarry Road Corridor initiative, both aimed at continued neighborhood revitalization. The main item to budget for is a new roof; HVAC is already operational and relatively recent (2017).

Source: Bisnow — Raleigh Consumer Momentum 2026, City of Raleigh — Southeast Special Area Study

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.

Price:
$215,000
Address:
Bedrooms:
3
Bathrooms:
3
Terms:
For Sale
Property Type:
Home

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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