$325,000 · JULIAN, NC 27283
Tight for flippers

Available

$325,000Asking price

4 bd · 2 ba · 2,862 sq ft · built 1880

JULIAN, NC 27283

Contract on file

via InvestorLift Classic

Listed Oct 22

Tight for flippers

The Numbers

Sells for (ARV)From the listing: $400,000
Asking price: −$325,000
RepairsMiddle of the seller’s $5,000 – $10,000. Ours: $36,000 – $75,500: −$7,500
Loan, holding, closing20% down, 12% interest, 2 points, 63 days: −$32,335
Profit8.8% of ARV · flippers want 10%+: $35,165
Tight

Works for a flipper at $320,000 or less.

PRESIDENTIAL DIGS REAL ESTATE

Derek Patterson

No reviews yet

Comps

ARV $400,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $400,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PRESIDENTIAL DIGS REAL ESTATE

Derek Patterson

No reviews yet

Seller Description

13+ acre country property in Julian, NC (Randolph County), 4 bed / 2.5 bath, 2,862 sqft.

Classic 1880 two-story farmhouse on 13.27 partially cleared acres, with room for a garden, animals, hobby farming, or privacy. Not in an HOA.

The property

4 bedrooms, 2.5 baths, 2,862 sqft (public record)
13.27 acres, partially cleared
Hardwood floors and multiple fireplaces
Well water and septic, Duke Energy power
APN 8708249171, Randolph County
2025 taxes: about $1,705
No HOA, no mortgage, and no liens reported by the seller

Condition Seller reports the home was fully renovated in 2010, including the roof, HVAC, and water heater, and says it needs only cosmetic paint. The home has been vacant since July and utilities are currently off. Buyer to verify all condition and systems during inspection. Septic maintenance history unknown.

Price: $[PRICE] Compare: similar acreage homes in the area are listing at $300K-$400K+. Contact us for photos, comps, and showing access.

Ideal for: owner-occupants, hobby-farm buyers, buyers wanting acreage near Greensboro, or buyers seeking a long-term hold in a growing corridor.

Terms: Cash or financed, subject to contract. Buyer to verify all information. Closing through our title company. Contract is held by Presidential Digs Real Estate, LLC and is assignable to a qualified buyer; the closing date and any buyer fee are disclosed on request.

Message us today to schedule a showing.