VIEW FULL PHOTO ALBUM
506 College St, Wilkesboro, NC 28697
DETAILS
Type: Single Family
Bedrooms / Baths: 4 bed / 2 bath
Living Area: 2,142 sq ft
Year Built: 1939
Lot Size: 0.35 acres / 15,246 sq ft
Utilities: City water & sewer
Occupancy at Closing: Currently occupied; will be vacant at closing.
Closing Date: 11/10/26
Closing Attorney: Atlas Orange
Asking Price: $99,999
Tax value: $176,620 | Annual taxes: $731 | Parcel ID: 2201694. Major repairs reported, including a 20+ year-old roof with issues. Seller reports no AC and an oil furnace approximately 15–18 years old; buyers should inspect and establish their renovation budget. Sold as-is.
COMPARABLE SALES
| Address | Home Size | $/sqft | Price | Status | Beds |
|---|---|---|---|---|---|
| 720 Woodland Blvd | 1,962 sq ft | $198 | $388,000 | Sold | 3 |
| 205 N West St | 1,807 sq ft | $160 | $290,000 | Sold | 4 |
| 512 James St | 2,632 sq ft | $84 | $220,000 | Sold / Fixer-upper | 5 |
| ⭐ 506 College St (SUBJECT) | 2,142 sq ft | $47 | $99,999 | Asking | 4 |
Comp Average (Sold): ~$299,333
Our Price: $99,999 ($47/sq ft)
Spread to Sold Comp Average: ~$199,334
Before repairs and other costs. Woodland includes 3.29 acres; West sold in August 2025; James is a fixer-upper. Condition and lot differences affect the comparison.
OVERVIEW
Four bedrooms and 2,142 sq ft in Wilkesboro at $99,999. The three supplied sold references range from $220,000 to $388,000, with different conditions and lot sizes. Major repairs are reported, so price the work before making an offer. City utilities and vacancy at closing are included in the current deal terms.
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.