Guilford County, Gibsonville, NC 27249
3 bd2 ba1,196 sfBuilt 1986
Gross spread$140,000
Description
Property Details: 3 Bedrooms / 2 Bathrooms, 1,196 Sq Ft, 1.32-Acre Lot, Built 1986, Gibsonville, NC 27249 Area comps include: 3320 Huffine Mill Rd sold for $322,500 (3/2, 1,269 sqft, built 1962); 5215 Hicone Rd sold for $285,000 (3/2, 1,516 sqft, built 1973). Adjusting for the subject's smaller square footage, these recent sales support an ARV in the $250K–$270K range, making $260K a realistic resale target. Asking Price: $135,000 Estimated Renovation Cost: $40,000 Total Investment: $175,000 ARV: $260,000 Projected Profit Margin: $85,000 (48.6% ROI) 70% Rule Check (MAO): $142,000 — asking price is $7,000 under MAO, leaving room for contingency With strong demand for renovated homes on larger lots in the area, this presents an attractive value-add opportunity for investors looking for a quick turnaround project. CONTACT MIKEY FOR MORE INFO [contact details hidden] OCCUPIED – DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY. VACANT AT CLOSING.
Price and status history
- $125,000 → $120,000−$5,000Aug 4, 2026 · 43d ago
- Sold → Available13d liveAug 4, 2026 · 43d ago
- Available → Sold9d liveAug 1, 2026 · 47d ago
Observed by our own harvest of the originating listing, not a public record.
$/sqft vs market
Median of 6 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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Who is supplying this listing is withheld. A buyer account that has accepted the non-circumvention agreement on the address request above sees it here. Direct phone and email are not published here at all.