700 Fernwood Drive, Clayton, NC 27520

Clayton
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
700 Fernwood Drive,Clayton, NC 27520
$390,000
  • 3 Beds
  • 3 Baths
  • 2,801 sq. ft.
  • Single family
  • Active
Listed by: isis romero romero
Office: coldwell banker hpw
MLS#:10164244
Source:RD

Price summary

  • Price:$390,000
  • Price per sq. ft.:$139.24

About this home

"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...

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Home facts

  • Year built:1965
  • Subdivision & Development:Dogwood Forest
  • Listing ID #:10164244
  • Added:194 day(s) ago
  • Updated:November 12, 2026 at 04:14 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Rooms Total:9
  • Flooring:Hardwood, Laminate, Tile
  • Dining Description:Eat-in Kitchen
  • Bathrooms Description:Separate Shower, Soaking Tub
  • Kitchen Description:Dishwasher, Electric Cooktop, Propane Water Heater, Wall Oven
  • Living area:2,801 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1965
  • Building area:2,801 sq. ft.
  • Lot area:0.6 Acres
  • Lot Features:Landscaped
  • Architectural Style:Ranch
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Covered, Patio, Playground, Porch, Rain Gutters
  • Foundation Description:Brick/Mortar
  • Levels:One

Schools

  • High school:Johnston - Clayton High
  • Middle school:Johnston - Clayton Middle
  • Elementary school:Johnston - West Clayton Elementary

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$390,000
  • Price per sq. ft.:$139.24
  • Tax amount:$2,436

Features and amenities

  • Laundry features:Laundry Room, Main Level

Parking

  • Total parking spaces:4
  • Parking description:Concrete, Driveway, Garage, Garage Faces Side
  • Garage:Yes
  • Garage spaces:2
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