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🔥 Thomasville, NC. Single family. 3 bed / 1 bath. 1,248 sq ft on over half an acre. Sold comps averaging $246K — priced at $150K. That’s $96K below market. 🤝
💰 Asking: $150,000 | Comp Average: ~$246,375 | 🔥 Spread: ~$96,375
| Type | Single Family Residence |
| Bedrooms / Baths | 3 bed / 1 bath |
| Living Area | 1,248 sq ft |
| Year Built | 1947 |
| Lot Size | 0.55 acres |
| Utilities | City Water & City Sewer / Duke Energy Electric |
| Occupancy at Closing | ✅ Vacant now |
| Closing Date | June 1, 2026 |
| Closing Attorney | Atlas Orange |
Comparable Sales
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 385 Ben Lee Rd | 1,385 | $274,000 | $198/sq ft | Sold Aug 2025 — 2 bed/2 bath, renovated |
| 154 Melody Ln | 1,421 | $245,000 | $172/sq ft | Sold Mar 2026 — brick, 1.18 acres |
| 7724 E Holly Grove Rd | 1,467 | $241,500 | $165/sq ft | Sold Aug 2025 — 3 bed/1 bath, renovated |
| 318 Lee Rd | 1,416 | $225,000 | $159/sq ft | Sold Jul 2025 |
| 206 Daisy St | 1,118 | $242,000 | $216/sq ft | Pending — not included in avg |
| Comp Average (sold) | ~1,422 | ~$246,375 | ~$174/sq ft | |
| 🏷️ Our Price | 1,248 | $150,000 | $120/sq ft | |
| 💸 Your Spread | ~$96,375 |
385 Ben Lee Rd is a 2 bed/2 bath (renovated). The other three sold comps are 3 bed properties. 206 Daisy St is pending and excluded from the average.
💡 Value Callout
Renovated comparables in this Thomasville market are closing at $159–$198/sq ft. This property is priced at $120/sq ft — $39/sq ft below the cheapest sold comp on a per-square-foot basis. The pending at 206 Daisy St (1,118 sq ft) is under contract at $242K and $216/sq ft — a smaller home trading well above this asking price. The math is straightforward. You’re buying over $96K below where the market is trading, with room to renovate and sell or hold as a rental in a zip code where Zestimates on similar homes are running $225K–$278K.
⚠️ 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 do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.