OFF MARKET

Off market mar 2013 for $155K

$333,589

Est. refi paymentEst. refi $1,028/mo

•

2.5 ba

•

1,440

sq ft

1223 Watson Rd, Chapel Hill, NC 27516

About this home

Single-familyProperty Type

1930Year Built

2.62 acresLot Size

$232Est. Price/Sq.Ft.

Listed by Diane Riggsbee • The Real Estate Specialist

Bought with Diane Riggsbee • The Real Estate Specialist

Source:TMLS #1830536

Redfin Estimate

$333,589

$179K since sold in March 2013$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.4% lower than the average sale price ($430K) of 6 comparable homes.

SOLD SEP 11, 2026
$400,000
A
2 beds2 baths1,513 sq ft
9507 Coachway, Chapel Hill, NC 27516
SOLD SEP 21, 2026
$391,500
B
2 beds1.5 baths1,194 sq ft
614 Hatch Rd, Chapel Hill, NC 27516
SOLD AUG 28, 2026
$420,000
C
2 beds1.5 baths1,258 sq ft
612 Cedar Brook Way, Chapel Hill, NC 27516
SOLD JUN 18, 2026
$450,000
D
3 beds2 baths1,500 sq ft
9407 Coachway, Chapel Hill, NC 27516
SOLD OCT 5, 2026
$635,000
E
2 beds2 baths2,215 sq ft
512 Marion Way, Chapel Hill, NC 27516
SOLD JUL 14, 2026
$283,000
F
3 beds2 baths1,524 sq ft
9816 Leslie Dr, Chapel Hill, NC 27516

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Earn from this home

Sell

$227,356

Est. take-home

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Refinance

Est. cash available

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Rent

$2,288/mo

Redfin rental estimate

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Market trends in 27516, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.6%

+0.0% MoM

Median sale price

$630K

$27K MoM

Avg. days on market

49d

5 days MoM

Recently sold homes

149

15 MoM

New listings for sale

FOR SALE BY OWNER
$450,000
3 beds2 baths— sq ft
12115 U.S. 15, Chapel Hill, NC 27516
OPEN SAT, 12PM TO 2PM
$1,210,000
4 beds4.5 baths4,895 sq ft
1004 Camden Ln, Chapel Hill, NC 27516
$459,000
3 beds2 baths1,744 sq ft
5416 Hideaway Dr, Chapel Hill, NC 27516
OPEN SAT, 1PM TO 3PM
$615,000
3 beds2 baths2,015 sq ft
2310 Briar Chapel Pkwy, Chapel Hill, NC 27516
NEW 11 HRS AGO
$774,900
5 beds3 baths3,259 sq ft
507 Lonebrook Dr, Chapel Hill, NC 27516
OPEN SUN, 2PM TO 4PM
$515,000
3 beds2.5 baths1,967 sq ft
140 Rock Ledge Dr, Chapel Hill, NC 27516
OPEN SUN, 2PM TO 4PM
$754,600
5 beds3.5 baths2,893 sq ft
62 Dark Forest Dr, Chapel Hill, NC 27516
$864,900
4 beds2.5 baths3,243 sq ft
107 Quailview Dr, Chapel Hill, NC 27516
$260,000
3 beds1 bath800 sq ft
132 Penny Ln, Pittsboro, NC 27312
$545,000
2 beds2 baths1,617 sq ft
93 Abercorn Cir, Chapel Hill, NC 27516
See all

Provided by Redfin

Sale history for 1223 Watson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,221 (+25.1%)

$180,400 + $152,500

$332,900

2024

$2,575 (+2.1%)

$86,200 + $117,000

$203,200

2023

$2,523 (+2.8%)

$86,200 + $117,000

$203,200

2022

$2,454 (+1.0%)

$86,200 + $117,000

$203,200

2021

$2,428 (+17.1%)

$86,200 + $117,000

$203,200

2020

$2,074 (+2.2%)

$74,000 + $87,900

$161,900

2019

$2,029 (+28.8%)

$74,000 + $87,900

$161,900

2018

$1,575 (−19.3%)

$74,000 + $84,100

$158,100

2017

$1,951 (+40.7%)

$74,000 + $84,100

$158,100

2016

$1,387

$74,000 + $84,100

$158,100

2015

$1,387 (+1.5%)

$78,300 + $28,700

$107,000

2014

$1,367 (+3.4%)

$78,300 + $28,700

$107,000

2013

$1,322 (+19.7%)

$78,300 + $28,700

$107,000

2011

$1,105 (+1.8%)

$78,300 + $28,700

$107,000

2010

$1,086

$78,308 + $13,061

$91,369

Tax history for 1223 Watson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,221 (+25.1%)

$180,400 + $152,500

$332,900

2024

$2,575 (+2.1%)

$86,200 + $117,000

$203,200

2023

$2,523 (+2.8%)

$86,200 + $117,000

$203,200

2022

$2,454 (+1.0%)

$86,200 + $117,000

$203,200

2021

$2,428 (+17.1%)

$86,200 + $117,000

$203,200

2020

$2,074 (+2.2%)

$74,000 + $87,900

$161,900

2019

$2,029 (+28.8%)

$74,000 + $87,900

$161,900

2018

$1,575 (−19.3%)

$74,000 + $84,100

$158,100

2017

$1,951 (+40.7%)

$74,000 + $84,100

$158,100

2016

$1,387

$74,000 + $84,100

$158,100

2015

$1,387 (+1.5%)

$78,300 + $28,700

$107,000

2014

$1,367 (+3.4%)

$78,300 + $28,700

$107,000

2013

$1,322 (+19.7%)

$78,300 + $28,700

$107,000

2011

$1,105 (+1.8%)

$78,300 + $28,700

$107,000

2010

$1,086

$78,308 + $13,061

$91,369

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

Rural Buffer District

The purpose of the Rural Buffer (RB) District is to provide locations for rural residential developments and agricultural, silvicultural or horticultural uses which serve to buffer or separate more intensively planned and/or developed portions of Orange County. Development within the Rural Buffer (RB) District is at very low densities (the minimum lot size per dwelling unit is two acres) and relies on individual wells and ground absorption systems for domestic water supply and sewage disposal, respectively.

Aug 14, 2013 • Final

Existing septic system/well authorization (system not malfunctioning)

Addition

Plumbing

Feb 8, 2013 • Final

Building permit - residential renovation

Remodel an existing house and replace structural members.

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 5

Exterior

Exterior Information
Floor Construction Type: Plywood
Foundation Type: Pier
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family

Property Information
Subdivision Name: MABEL WATSON PROP
Living Sq. Ft: 1,440
Gross Sq. Ft: 2,440
Building Sq. Ft: 1,440
# of Stories: 1
Legal Description: 8 MABEL WATSON P17/75

Lot Information
# of Buildings: 1
Land Sq. Ft: 114,127
Legal Lot Number: 8
Municipality Name: CHAPEL HILL TWP
Acres: 2.62
Zoning Code: RB
County Use Description: RESIDENTIAL- IMPROVED

Utility Information
Water Service Type: Well

Financial

Assessor Information
Assessment Year: 2025
Tax District County: CTY & CH SCH & WHITE CROSS

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 1,440
Stories: 1.0
Lot Size: 2.62 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1980
County: Orange County
APN: 9758894061

Home facts updated by county records on Sep 8, 2026

Around this home

Schools

C And L McDougle Elementary School

Public PreK-5 • Assigned • 2.4mi

8/10

McDougle Middle School

Public 6-8 • Assigned • 2.4mi

9/10

Chapel Hill High School

Public 9-12 • Assigned • 3.9mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 106° expected this year, 17 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Chapel Hill, NC • 27516

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$317,000 – $384,000

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New listings for sale in 27516

FOR SALE BY OWNER

$450,000

3 beds2 baths— sq ft

12115 U.S. 15, Chapel Hill, NC 27516

Built 1900

OPEN SAT, 12PM TO 2PM3D WALKTHROUGH

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4 beds4.5 baths4,895 sq ft

1004 Camden Ln, Chapel Hill, NC 27516

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3 beds2 baths1,744 sq ft

5416 Hideaway Dr, Chapel Hill, NC 27516

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OPEN SAT, 1PM TO 3PM

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3 beds2 baths2,015 sq ft

2310 Briar Chapel Pkwy, Chapel Hill, NC 27516

Green certified home • Hers score of 53 • Greenbelt views

NEW 11 HRS AGO

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5 beds3 baths3,259 sq ft

507 Lonebrook Dr, Chapel Hill, NC 27516

Bay windows • Hardwood floors • Gas fireplace

OPEN SUN, 2PM TO 4PM

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3 beds2.5 baths1,967 sq ft

140 Rock Ledge Dr, Chapel Hill, NC 27516

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OPEN SUN, 2PM TO 4PM

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107 Quailview Dr, Chapel Hill, NC 27516

2 beautiful acres • Quiet cul-de-sac • Hardwood floors

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3 beds1 bath800 sq ft

132 Penny Ln, Pittsboro, NC 27312

Backyard retreat • 0.98 acre lot • Built 1975

Home values near 1223 Watson Rd

Data from public records.

Address	Redfin Estimate
1119 Watson Rd, Chapel Hill, NC 3 Beds \| 1 Baths \| 936 Sq. Ft.	$317,527
1239 Watson Rd, Chapel Hill, NC 2 Beds \| 1 Baths \| 988 Sq. Ft.	$442,306

Address	Redfin Estimate
1206 Watson Rd, Chapel Hill, NC 3 Beds \| 1 Baths \| 888 Sq. Ft.	$418,818
1226 Watson Rd, Chapel Hill, NC 4 Beds \| 5.5 Baths \| 4593 Sq. Ft.	$1,161,303

Address	Redfin Estimate
1231 Watson Rd, Chapel Hill, NC 3 Beds \| 2.5 Baths \| 2335 Sq. Ft.	$719,044
1234 McCauley Ln, Chapel Hill, NC 3 Beds \| 2 Baths \| 1290 Sq. Ft.	$439,232

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27516, NC

Sale history for 1223 Watson Rd

Tax history for 1223 Watson Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27516

Home values near 1223 Watson Rd

More real estate resources