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Street View
$390,000
Monthly Est:$1,941
3 Beds
3 Baths2 full baths + 1 half bath
2,801sqft
700 Fernwood Dr, Clayton, NC 27520
$390,000
$1,941/moEst:
Get Pre-Approved
Single Family Residence
Built in 1965
$-- HOA
0.6 acre lot
$139/sq.ft
Description
"INCREDIBLE EQUITY OPPORTUNITY! Rare chance to build instant sweat equity in a highly desirable Clayton location. This expansive 2,801 sqft all-brick ranch sits on a private 0.6-acre lot and boasts fantastic bones and character. Features include vaulted ceilings with exposed beams, two fireplaces, a newly renovated bathroom with elegant tilework, brand-new rear doors, and a new outdoor pergola. Recently appraised at $480,000, this property is an absolute dream for investors, contractors, or handy buyers looking to customize and create instant value. The property requires TLC, a full clean-out, and cosmetic updates. Sold strictly AS-IS. HUGE BONUS: This property features an FHA ASSUMABLE mortgage! Seller is highly motivated and open to Creative Financing, including Lease-Option / Rent-to-Own terms with an upfront option fee. Due to current condition and utilities being off, this will not qualify for traditional Conventional/FHA/VA loans. Cash, Hard Money, Assumable FHA, or Lease-Option only. Bring your vision and don't miss this rare chance to secure a property with massive upside potential!
- Houzeo last checked: 17 minutes ago
- Listing updated: September 29, 2026 at 1:32 pm
- Listing Provided by: ISIS ROMERO Romero (954) 706-3667 | Coldwell Banker HPW (919) 960-6352
- Source: Doorify MLS-NC | MLS#: 10164244
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
2,801 sqft
Lot Size
0.6 acre lot
Basement Area
- sqft
MLS Name
Doorify MLS
MLS Number
10164244
MLS Status
Active
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Exterior Features
Playground, Rain Gutters
Sewer
Septic Tank
Flooring
Hardwood, Laminate, Tile
Cooling
Central Air
Appliances
Dishwasher, Electric Cooktop, Propane Water Heater, Wall Oven
Heating
Electric, Heat Pump
Interior Features
Bookcases, Ceiling Fan(s), Eat In Kitchen, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Soaking Tub, Walk In Closet(s)
Construction
Year Built
Year Built: 1965
Home type
Single Family Residence
Foundation Details
Brick/mortar
Construction Materials
Brick, Vinyl Siding
Property Condition
Updated/remodeled
Architectural Style
Ranch
Roof
Shingle
Utilities & Energy
Laundry Features
Laundry Room, Main Level
Water Source
Public
Parking Features
Concrete, Driveway, Garage, Garage Faces Side
Other Features
Lot Features
Landscaped
Subdivision Name
Dogwood Forest
Disclosures
Lead Based Paint
Patio And Porch Features
Covered, Patio, Porch
Price History
| Date | Event | Price |
|---|---|---|
09/18/2026 Source: | Price Decreased | $390,000 -4.88% $139/sqft |
06/19/2026 Source: | Price Decreased | $410,000 -4.65% $146/sqft |
05/01/2026 Source: | Price Decreased | $430,000 -6.52% $154/sqft |
01/13/2026 Source: | Price Increased | $460,000 +6.98% $164/sqft |
11/03/2025 Source: | Off Market | $430,000 -10.42% $154/sqft |
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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Oct 09, 2026, 02:30PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.
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