📸CLICK HERE FOR FULL PHOTO ALBUM📸
OVERVIEW
836 N White St, Wake Forest, NC 27587
This 3 bed/2 bath home is priced at $195,000 — roughly $178,750 below the average of four comparable sales/pendings in the immediate Wake Forest area, which are averaging $373,750. This deal also comes with a stated ARV of $350,000, offering a healthy spread for a flip. At just $134/sq ft, this property is priced well under every comp in the set. With a newer roof (2015) and HVAC (2020), this is a clean opportunity in one of the Triangle’s most in-demand suburban markets.
Comp Avg (4 Comps): ~$373,750 (~$255/sq ft) | ARV: $350,000
Our Price: $195,000 ($134/sq ft) | Spread to Comp Avg: ~$178,750
DETAILS
Type: Single Family Home
Bedrooms / Baths: 3 bed / 2 bath
Living Area: 1,456 sq ft
Year Built: 1946
Lot Size: 0.13 acres
Parking: Driveway
Access: By appointment
Closing Date: 08/03/2026
Closing Attorney: Hankin and Pack Law
CONDITION
- Roof replaced in 2015
- HVAC replaced in 2020
COMPARABLE SALES
152 E Cedar Ave, Wake Forest, NC 27587 — 1,581 sq ft — $470,000 ($297/sq ft) — Sold
108 W Chestnut Ave, Wake Forest, NC 27587 — 1,562 sq ft — $425,000 ($272/sq ft) — Sold
216 Brick St, Wake Forest, NC 27587 — 1,267 sq ft — $270,000 ($213/sq ft) — Pending
726 Elizabeth Ave, Wake Forest, NC 27587 — 1,386 sq ft — $330,000 ($238/sq ft) — Sold
Comp Average: ~$373,750 (~$255/sq ft)
Our Price: $195,000 ($134/sq ft)
Spread: ~$178,750
At $134/sq ft, this property is priced well under every comp in the area — a nearly $179,000 spread to the average, with a stated $350,000 ARV supporting strong flip economics.
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.