VIEW FULL PHOTO ALBUM
629 W 24 1/2 St, Winston Salem, NC 27105
DETAILS
Type: Single Family Home
Bedrooms / Baths: 3 / 1
Living Area: 1,308 sq ft
Year Built: 1930
Lot Size: 4,356 sq ft
Utilities: Not provided; buyer to verify water, sewer, electricity and gas services.
Occupancy at Closing: Vacant
Closing Date: November 18, 2026
Closing Attorney: Hankin Pack Law
Asking Price: $90,000
Tax value: $113,200 (2025). Annual taxes: Approximately $1,248 (2025, Redfin). Zoning: RS7. Parcel ID: Not provided.
Roof: Age and condition unknown.
HVAC: Reported approximately 11 years old. System type, operating condition and service history not provided. Photos show dated finishes, worn flooring and a rusted electrical-panel enclosure; inspect and budget repairs. Sold as-is.
COMPARABLE SALES
| Address | Home Size | $/sqft | Price | Status | Beds |
|---|---|---|---|---|---|
| 2336 Montrose Ave | 1,372 sq ft | $141 | $194,000 | Sold | 3 |
| 2360 N Patterson Ave | 1,232 sq ft | $128 | $158,000 | Sold | 3 |
| 434 W 24th St | 1,083 sq ft | $166 | $180,000 | Sold | — |
| 1732 Harrison Ave | 1,206 sq ft | $163 | $197,000 | Sold | — |
| ⭐ 629 W 24 1/2 St (SUBJECT) | 1,308 sq ft | $69 | $90,000 | Asking | 3 |
Comp Average: $182,250
Our Price: $90,000
Total Spread: $92,250
Before repairs and other costs. Sold prices range from $158,000 to $197,000; condition and lot sizes differ. Patterson was renovated. These sales do not establish a guaranteed resale value.
OVERVIEW
Get into this vacant Winston Salem opportunity for $90,000—about $69 per square foot! Four nearby sales average $182,250, a $92,250 gross spread before repairs and costs, with renovated Patterson at $158,000 and Montrose at $194,000. The two-story layout and covered front porch offer character for your renovation plan. Review the full album and balanced comp set, inspect the property, and bring your offer!
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.