
Durham, California 95938
This property presents a High-Potential Investment Opportunity with a List Price of $320,000—positioned well below the $310,886 Fair Market Value by -2%. Featuring a Fair Condition Rating (5/10), this 1950-built residence requires a full rehab to address system defects and dated finishes. The 7,841 sqft lot and rear deck provide significant value-add potential for those willing to execute a renovation. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers capable of managing a comprehensive project to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2390 Brown Street Subject | $320,000* List Price | 4 | 3 | 1,240 | $251 | - |
A 9289 Goodspeed Street Active | $299,000 List Price | 3 | 2 | 1,164 | $257 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950, this HUD-owned property is sold as-is and shows visible signs of neglect, including significant wall damage and dated exterior features. While some laminate flooring has been installed, the home's age (>70 years) and the lack of evidence of recent kitchen or bathroom renovations indicate it requires a full rehab to address potential safety and system defects.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1240.
Situated on a spacious 7,840 square foot lot near the heart of Durham, the property offers ample outdoor space featuring established fruit trees and a rear deck for entertaining.
As a HUD-owned property priced competitively compared to its previous sale history, this home presents a significant opportunity for buyers to build sweat equity through personalized improvements.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is sold strictly in as-is condition under HUD guidelines, requiring the buyer to manage all necessary repairs and conduct extensive due diligence.
Built in 1950, the residence likely requires updates to its original systems and finishes to meet modern efficiency and aesthetic standards.
Durham Opportunity on a Spacious Lot! Located near the heart of Durham, this approximately 1,240 square foot two-story home sits on a generous 7,840 square foot lot and offers a great opportunity for an owner-occupant or first-time buyer. The floor plan features three bedrooms, two bathrooms, an open living area, indoor laundry, pantry, and additional flexible space that can accommodate a home office, hobby area, or other personal needs. The backyard provides room to enjoy the outdoors, with established fruit trees adding character and potential to the property. A rear deck offers another space for outdoor living and entertaining. This HUD-owned property is being offered as-is and provides an opportunity to build equity and make the home your own. Buyers are encouraged to conduct their own inspections and due diligence regarding the property's condition, features, permits, and suitability for their intended use. HUD properties are subject to HUD guidelines and procedures.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,240 | 1,840.9 |
| Lot Size | 7,841 | 31,319.64 |
| Price | $320.0K | $733.1K |
| Price per sq ft | $258 | $358 |
| Built year | 1950 | 1998 |
| HOA | $0 | $130 |
| Days on market | 29 | 49 |
Aug 11, 2026
$320,000
Initial Listing
Oct 22, 2021
$345,000
Public Record