First time home buyer or investor opportunity. Bank owned property in need of numerous repairs. Almost 90 thousand less than tax value. Convenient to I-40. Could be great first home or rental.
Single-familyProperty Type
1942Year Built
1 acresLot Size
$143Est. Price/Sq.Ft.
1 spaceParking
Listed by Steve Brauer• Berkshire Hathaway HomeService
Bought with Steve Brauer• Berkshire Hathaway HomeService
Source:TMLS #1749749
Redfin Estimate
$219,546
$181K since sold in October 2021$0 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 19.8% lower than the average sale price ($274K) of 6 comparable homes.
First time home buyer or investor opportunity. Bank owned property in need of numerous repairs. Almost 90 thousand less than tax value. Convenient to I-40. Could be great first home or rental.
TMLS #778002
May 3, 2005
Listing Removed
—
Dec 22, 2004
Listed
$108,000
$71/sq ft
TMLS #773505
Apr 29, 2005
Listing Removed
—
Nov 11, 2004
Listed
$108,000
$71/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,472 (+9.9%)
$49,500 + $135,300
$184,800
2024
$1,340 (+2.3%)
$22,000 + $102,500
$124,500
2023
$1,310 (+2.3%)
$22,000 + $102,500
$124,500
2022
$1,280 (+2.2%)
$22,000 + $102,500
$124,500
2021
$1,252 (+2.8%)
$22,000 + $102,500
$124,500
2020
$1,218
$22,000 + $92,800
$114,800
2019
$1,218 (+2.5%)
$22,000 + $92,800
$114,800
2018
$1,188 (+1.6%)
$22,000 + $92,800
$114,800
2017
$1,170 (−8.7%)
$22,000 + $92,800
$114,800
2016
$1,281
$22,000 + $92,800
$114,800
2015
$1,282 (+1.7%)
$24,367 + $99,287
$123,654
2014
$1,261 (+2.1%)
$24,367 + $99,287
$123,654
2013
$1,235 (+2.6%)
$24,367 + $99,287
$123,654
2011
$1,204 (+0.8%)
$24,367 + $99,287
$123,654
2010
$1,194
$24,367 + $99,287
$123,654
Tax history for 514 Watson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,472 (+9.9%)
$49,500 + $135,300
$184,800
2024
$1,340 (+2.3%)
$22,000 + $102,500
$124,500
2023
$1,310 (+2.3%)
$22,000 + $102,500
$124,500
2022
$1,280 (+2.2%)
$22,000 + $102,500
$124,500
2021
$1,252 (+2.8%)
$22,000 + $102,500
$124,500
2020
$1,218
$22,000 + $92,800
$114,800
2019
$1,218 (+2.5%)
$22,000 + $92,800
$114,800
2018
$1,188 (+1.6%)
$22,000 + $92,800
$114,800
2017
$1,170 (−8.7%)
$22,000 + $92,800
$114,800
2016
$1,281
$22,000 + $92,800
$114,800
2015
$1,282 (+1.7%)
$24,367 + $99,287
$123,654
2014
$1,261 (+2.1%)
$24,367 + $99,287
$123,654
2013
$1,235 (+2.6%)
$24,367 + $99,287
$123,654
2011
$1,204 (+0.8%)
$24,367 + $99,287
$123,654
2010
$1,194
$24,367 + $99,287
$123,654
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R1
Rural Residential District
The purpose of the Rural Residential (R-1) District is to provide locations for rural non-farm residential development, at very low intensities, in areas where the short and long-term solutions to domestic water supply and sewage disposal shall be individual wells and ground absorption system.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Public service
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 1
Room Information
# of Rooms: 9
Exterior
Exterior Information
Floor Construction Type: Plywood
Foundation Type: Masonry
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Living Sq. Ft: 1,531
Gross Sq. Ft: 4,190
Building Sq. Ft: 1,531
# of Stories: 1.5
Legal Description: N/S SR 1310
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 240
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 43,560
Municipality Name: CHEEKS TWP
Acres: 1
Zoning Code: R1
County Use Description: RESIDENTIAL- IMPROVED
Utility Information
Sewer Type: Septic
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax District County: CTY & EFLAND FIRE TAX
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 1,531
Stories: 1.5
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1942
Year Renovated: 1942
County: Orange County
APN: 9844662404
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Efland Cheeks Elementary
Public PreK-5 • Assigned • 0.7mi
6/10
Gravelly Hill Middle
Public 6-8 • Assigned • 1.0mi
7/10
Orange High
Public 9-12 • Assigned • 5.0mi
6/10
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
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
5/10 Wind Factor
22% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Efland, NC • 27243
Average low and high temperatures (°F)
47
27
53
33
69
43
76
52
78
57
88
66
90
72
80
65
79
62
71
49
64
42
52
32
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
$209,000 – $253,000
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