Stantonsburg Investment Opportunity! For Sale

  • $86,000
  • 4 beds
  • 1 baths
  • 928 sqft

VIEW FULL PHOTO ALBUM

202 N Saratoga St, Stantonsburg, NC 27883

DETAILS

Type: Single Family
Bedrooms / Baths: 3 bed / 1 bath
Living Area: 928 sq ft
Year Built: 1910
Lot Size: 0.526 acres / 22,913 sq ft
Utilities: Town of Stantonsburg water, sewer and electricity; Piedmont Natural Gas (gas water heater)
Occupancy at Closing: Vacant now!
Closing Date: 11/10/26
Closing Attorney: Atlas Orange
Asking Price: $86,000

Tax value: $80,818. Annual taxes: $925. Parcel: 3657-17-0337.000. Zoning: RH.

Seller reports living-room flooring needs work and kitchen cabinets need updating.

Roof: Seller reports 5+ years old.

HVAC: Seller reports operational heating and cooling, approximately 10 years old; gas water heater approximately 6 years old.

COMPARABLE SALES

Address Home Size $/sqft Price Status Beds
103 W Julian Ave 1,710 sq ft $92 $158,000 Sold 3
315 Commercial Ave 1,337 sq ft $146 $195,000 Sold 2
⭐ 202 N Saratoga St (SUBJECT) 928 sq ft $93 $86,000 Asking 4

Comp Average: $119/sq ft (~$110,546 size-adjusted)
Our Price: $86,000 ($93/sq ft)
Size-Adjusted Spread: ~$24,546

Before repairs and other costs. Both comps are larger; Commercial Avenue was renovated.

OVERVIEW

Single-family renovation opportunity on approximately half an acre in Stantonsburg. City water and sewer; vacant at closing. At $86,000 (about $93/sq ft), the asking price is approximately $24,546 below the size-adjusted sold-comp comparison before repairs and other costs. Review the full photo album and assess the flooring and cabinet work; both comparable homes are larger and Commercial Avenue was renovated.

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:
$86,000
Address:
Stantonsburg, NC 27883
Square Feet:
928
Lot Size:
0.526 acres
Bedrooms:
4
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1910

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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