Roxboro NC 3 bed flip! For Sale

  • $124,000
  • 2 beds
  • 2 baths

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DETAILS

Type: Single Family
Bedrooms / Baths: 3 bed / 1 bath
Living Area: 1,060 sq ft
Year Built: 1955
Lot Size: 0.48 acres / 20,909 sq ft
Utilities: Well & Septic
Occupancy at Closing: Vacant
Closing Date: 10/19/26
Closing Attorney: Atlas Orange
Asking Price: $124,000

Tax value is $120,201 with annual taxes of $821 (Parcel ID A72 38). Septic was pumped 1 year ago. Electric through Piedmont Electric, no gas. Roof is 10 years old or less, and the HVAC is fully operational for heating and cooling, serviced last winter. Sold as-is.

COMPARABLE SALES

Address Home Size $/sqft Price Status Beds
670 Tingen Mine Rd 992 sq ft $227 $225,000 Sold 3
414 Woodsdale Rd 1,240 sq ft $254 $315,000 Sold 2
949 Oxford Rd 1,631 sq ft $142 $231,000 Sold 2
16 Summer Ridge Rd 896 sq ft $246 $220,000 Sold 2
⭐ 122 Old Surl Rd (SUBJECT) 1,060 sq ft $117 $124,000 Asking 3

Comp Average: ~$247,750 (~$217/sq ft)
Our Price: $124,000 ($117/sq ft)
Spread: ~$123,750

OVERVIEW

This 3 bed/1 bath home sits on nearly half an acre and will be vacant at closing, priced at $124,000, a ~$123,750 spread to the comp average of $247,750. At $117/sq ft, it is about $100/sq ft under the ~$217/sq ft comp average, including a 3 bed/1 bath on Tingen Mine Rd in the same ZIP that sold for $225,000 at just 992 sq ft. Roxboro sits about an hour north of Durham, and Person County continues to draw real capital investment: Voltage Energy Group announced its new global headquarters in Roxboro, and POLYWOOD is carrying out a $61.6 million expansion of its Roxboro campus that will add 300 jobs. With a roof 10 years old or less, a serviced HVAC, and a recently pumped septic, the big-ticket systems are in decent shape, so this works as a cosmetic flip or a straightforward rental hold.

Comp Avg (Sold): ~$247,750 | For Sale Avg: ~$262,000 (Roxboro median list)
Rent Avg: ~$1,600/mo | Gross Yield at Asking: ~15.5%

Source: Solar Builder, Voltage Energy Roxboro HQ, Person County Economic Development

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:
$124,000
Address:
Bedrooms:
2
Bathrooms:
2
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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