303 W Pippen St, Whitakers, NC 27891
🔥 Whitakers, NC. Nash County. Brick Ranch. 3 bed / 2 bath. 2,352 sq ft on half an acre. Hardwood floors throughout. Sold comps averaging $193K — priced at $125K. That’s $68K below market. 🤝
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💰 Asking: $125,000 | Comp Average: ~$193,000 | 🔥 Spread: ~$68,000
🏠 Property Details
| Type | Single Family Residence |
| Bedrooms / Baths | 3 bed / 2 bath (1 full, 1 half) |
| Living Area | 2,352 sq ft |
| Year Built | 1963 |
| Lot Size | 0.5 acres |
| Construction | Brick |
| Utilities | Water available |
| Occupancy at Closing | Occupied. WILL be vacant by closing |
| Closing Attorney | Atlas Orange |
🔧 Condition Notes
Original 1963 brick construction. Hardwood floors throughout. Sold as-is — seller will make no repairs.
📊 Comparable Sales
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 216 S White St, Whitakers | 2,046 | $280,000 | $137/sq ft | Sold 9/24 — 1963 Brick, 1.15 Acres, Shop Included |
| 11060 Blount Ln, Whitakers | 1,944 | $200,000 | $103/sq ft | Sold 5/25 — SFR, 1.1 Acres |
| 203 N New St, Whitakers | 1,873 | $145,400 | $78/sq ft | Sold 11/25 — 1924 Build, 1.63 Acres |
| 407 W Pippen St, Whitakers | 1,396 | $145,000 | $104/sq ft | Sold 8/25 — Same Street, 1963 Brick, Renovated |
| Comp Average (sold SFR) | ~1,815 | ~$193,000 | ~$106/sq ft | |
| 🏷️ Our Price | 2,352 | $125,000 | $53/sq ft | Largest home in comp set |
| 💸 Your Spread | ~$68,000 |
Note: 11382 Gaskill Farm Rd (sold $343K) and 1265 NE Railroad St (manufactured home, sold $160K) are excluded from the average — the Gaskill Farm comp includes 9+ acres and a stocked pond which significantly elevates price, and the Railroad St comp is a different property type.
💡 Why this works: At $53/sq ft you’re buying the largest brick ranch in the comp set. The same-street comp — 407 W Pippen, same era, same brick construction — sold for $145K at only 1,396 sq ft. The subject gives you 956 more square feet for $20K less. The ceiling comp (216 S White St, similar 1963 brick) sold at $280K. The renovation path on a solid brick house with original hardwoods is clear — and the entry price leaves room to work with.
⚠️ 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.