Rocky Mount NC Flip! 289k sale SAME street! Sold

  • $45,000
  • 4 beds
  • 2 baths
  • 2598 sqft
Sold

CLICK HERE FOR FULL PHOTO ALBUM

1010 Sunset Ave, Rocky Mount, NC 27804

COMPARABLE SALES

1331 Sunset Ave, Rocky Mount, NC 27804 — Same Street — 2,422 sq ft — $289,900 ($120/sq ft) — Sold September 2025, fully renovated

625 E Ridge St, Rocky Mount, NC 27804 — 2,075 sq ft — $258,000 ($124/sq ft) — Sold June 2026

906 Hill St, Rocky Mount, NC 27801 — 2,453 sq ft — $105,000 ($43/sq ft) — Sold December 2025, as-is

Pending reference: 1012 S Franklin St, Rocky Mount, NC 27803 — 1,912 sq ft — $219,000 ($115/sq ft) — Pending May 2026 (excluded from average)

For Sale reference: 201 S Howell St, Rocky Mount, NC 27804 — 2,244 sq ft — $150,000 ($67/sq ft) — Active, investor special (excluded from average)

Comp Average: ~$217,633 (~$96/sq ft)
Our Price: $45,000 ($17/sq ft)
Your Spread: ~$172,633

At $45,000, this is priced $172,633 below the sold comp average, and less than a sixth of what the same-street sale at 1331 Sunset Ave closed for eight months ago. That same-street sale alone makes the case — flippers get a wide margin even after roof and HVAC work, and holds pencil out fast at this basis.

OVERVIEW

Just repriced to $45,000 — and the number to focus on is 1331 Sunset Ave, sold September 2025 for $289,900 on the same street. That’s a direct, same-block data point, not a citywide average, and it puts this deal at roughly $17/sq ft against a same-street comp that closed at $120/sq ft. The home is vacant now for a clean, fast close, and the roof was fully replaced in 2025. No HVAC system is currently installed, so budget for that in your rehab numbers.

Comp Avg (Sold): ~$217,633

For Sale Avg (27804 ZIP): ~$250,000

Same-Street Comp Sale: $289,900 (1331 Sunset Ave)

DETAILS

Type: Single Family

Bedrooms / Baths: 4 bed / 2 bath

Living Area: 2,598 sq ft

Year Built: 1913

Lot Size: 0.17 acres (7,405 sq ft)

Zoning: R10

Utilities: City Water & City Sewer

Occupancy at Closing: Vacant now

Closing Date: 08/31/26

Closing Attorney: Atlas Orange

Tax Value: $67,880

Annual Taxes: $428

Parcel ID: 385017-21-4440

CONDITION

  • Roof is brand new (2025)
  • No HVAC system currently installed — factor into rehab budget
  • Property sold as-is

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:
$45,000
Address:
rocky mount, nc
Square Feet:
2598
Lot Size:
0.17 acres
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1913

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!

  • Please submit your highest & best offer. Buyer will pay all closing costs.
  • MM slash DD slash YYYY
    What's the absolute soonest date you can close?
  • This deposit is refundable if clear title cannot be conveyed.
  • Drop files here or
    Max. file size: 8 MB.
      **Offers with proof of funds attached will be given priority**
    • Please leave any additional terms or contingencies associated with your offer.
    • This field is for validation purposes and should be left unchanged.