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Here’s the updated listing at $65,000:
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247 Whitt Town Rd, Roxboro, NC 27574
DETAILS
Type: Single Family
Bedrooms / Baths: 2 bed / 1 bath
Living Area: 816 sq ft
Year Built: 1957
Lot Size: 0.38 acres / 16,553 sq ft
Utilities: Well Water (with access to city water) & Septic
Occupancy at Closing: Vacant now
Closing Date: 08/20/26
Closing Attorney: One Source Title & Escrow
Asking Price: $65,000
Electric service is through Duke Energy; roof is 5+ years old, and the home currently has no HVAC system — it originally had a wood-burning furnace and propane setup, but neither is present today. Tax value is $78,259.
COMPARABLE SALES
As-Is Comps:
215 Oxford Rd, Timberlake, NC 27583 — 1,089 sq ft — $122,000 ($112/sq ft) — Sold, as-is, needs full rehab
310 Wesleyan Heights Rd, Roxboro, NC 27573 — 1,220 sq ft — $110,000 ($90/sq ft) — Sold, as-is, needs full renovation
Renovated/Market-Rate Comps:
171 Magnolia Dr, Roxboro, NC 27573 — 991 sq ft — $195,000 ($197/sq ft) — Sold, updated
16 Summer Ridge Rd, Roxboro, NC 27573 — 896 sq ft — $220,000 ($246/sq ft) — Sold
For Sale (context):
907 Frank St, Roxboro, NC 27573 — 1,100 sq ft — $199,000 ($181/sq ft) — Active
As-Is Floor: ~$116,000 (~$101/sq ft)
ARV (Renovated Comp Avg): ~$207,500 (~$221/sq ft)
Our Price: $65,000 ($80/sq ft)
Spread to ARV: ~$142,500
OVERVIEW
This 2 bed/1 bath home is priced $51,000 below even the as-is floor of the immediate area, with a $142,500 spread to the renovated comp average. Person County continues to see real capital investment — POLYWOOD, a manufacturer of outdoor furniture, committed $61.6 million to expand its Roxboro manufacturing and distribution facility, creating 300 new jobs, while Voltage Energy/EBOS is also building a new utility-scale solar manufacturing facility locally. Roxboro sits within an hour’s drive of both Research Triangle Park and the Piedmont Triad, making it a strategically positioned market for continued growth. The property will need buyer investment in an HVAC system, which is factored into this pricing.
Source: NC Commerce, 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.