OFF MARKET

Off Market Mar 2023 for $435K

$445,304

Est. refi paymentEst. refi $2,633/mo

•

2,038

sq ft

515 Cheves Rd, Zebulon, NC 27597

About this home

Stunning Ranch sits on 2 acres with your own pond! Beautifully crafted home, gorgeous LVP flooring, 2 owners suites, updated bathrooms, accent walls, & custom tiled backsplash. Open concept leads into the cozy family room w/ wood burning fireplace perfect for winter days. Need more space? Fully fenced in yard and sheds perfect for farm animals! The massive detached garage with tons of storage above is ready for any projects you want to tackle! 1min to grocery/pharma/shopping & Rustic Roots Restaurant. 30 min to Raleigh & WF.

Single-familyProperty Type

1970Year Built

1.97 acresLot Size

$219Est. Price/Sq.Ft.

2 car garageParking

Listed by Mary Welch • Carolina Life & Homes Realty L

Listed by Katherine Falk • Carolina Life & Homes Realty L

Bought with Larry Pugh • Berkshire Hathaway HomeService

Redfin checked: a minute ago

•Source:TMLS #2493163

Redfin Estimate

$445,304

$10K since sold in March 2023$2,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.5% higher than the average sale price ($426K) of 6 comparable homes.

SOLD MAY 27, 2026
$297,900
A
4 beds2.5 baths1,780 sq ft
2 Howard Tant Rd, Zebulon, NC 27597
SOLD AUG 12, 2026
$627,000
B
3 beds2.5 baths2,138 sq ft
421 Sagamore Dr, Louisburg, NC 27549
SOLD JUL 28, 2026
$565,000
C
3 beds2 baths2,087 sq ft
745 Sagamore Dr, Louisburg, NC 27549
SOLD JUN 17, 2026
$320,000
D
3 beds2.5 baths1,935 sq ft
259 Sacred Fire Rd, Louisburg, NC 27549
SOLD FEB 26, 2026
$405,000
E
3 beds2.5 baths1,900 sq ft
30 Beddingfield Dr, Zebulon, NC 27597
SOLD JUL 31, 2026
$342,500
F
3 beds2.5 baths2,195 sq ft
167 Black Cloud Dr, Louisburg, NC 27549

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Earn from this home

Sell

$91,659

Est. take-home

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Refinance

Est. cash available

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Rent

$2,343/mo

Redfin rental estimate

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Market trends in 27508, NC

Last updated July 2026

Sale-to-List Price

99.6%

0.0% MoM

Median sale price

$714K

$161 MoM

Avg. days on market

31d

0 days MoM

Recently sold homes

0 MoM

New listings for sale

COMING SOON
$285,000
3 beds1 bath1,303 sq ft
238 E Vance St, Zebulon, NC 27597
$335,000
3 beds1.5 baths1,259 sq ft
65 Bunn Ave, Zebulon, NC 27597
$235,000
3 beds2 baths1,112 sq ft
1037 Laurel Leaf Rd, Zebulon, NC 27597
$424,900
3 beds2 baths2,220 sq ft
2317 Penarth Ct, Zebulon, NC 27597
$399,000
4 beds2.5 baths2,494 sq ft
1408 Weavers Trace Dr, Zebulon, NC 27597
EARLY ACCESS
$385,000
3 beds2 baths1,659 sq ft
194 Cherry Birch Ln, Zebulon, NC 27597
$360,000
3 beds2 baths1,744 sq ft
51 Split Rock Way, Zebulon, NC 27597
$149,900
3 beds2 baths1,568 sq ft
2508 Shepard School Rd, Zebulon, NC 27597
3D WALKTHROUGH
$345,000
3 beds2.5 baths1,905 sq ft
1268 Sidney Creek Dr, Zebulon, NC 27597
$475,000
4 beds3 baths2,593 sq ft
65 Seahawk Way, Zebulon, NC 27597
See all

Provided by Redfin

Sale history for 515 Cheves Rd

Date

Event

Price

TMLS #2493163

Mar 15, 2023

Sold

$435,000

$213/sq ft

Mar 15, 2023

Sold

$435,000

$213/sq ft

Feb 5, 2023

Contingent

—

Feb 2, 2023

Listed

$435,000

$213/sq ft

Feb 2, 2023

Listed

$435,000

$213/sq ft

TMLS #2408436

Nov 4, 2021

Sold

$355,000

$174/sq ft

Nov 4, 2021

Sold

$355,000

$174/sq ft

Oct 3, 2021

Pending

—

Oct 2, 2021

Listed

$355,000

$174/sq ft

Sep 17, 2021

Coming Soon

$355,000

$174/sq ft

Sep 17, 2021

Listed

$355,000

$174/sq ft

Welcome your family home to this park like setting on 1.97 acres of land nestled back off the road and away from the hustle & bustle of every day life with your very own stocked pond! This 4 Bed/3 Bath house has been completely remodeled to create open living and entertaining spaces. Enjoy the sounds of nature with your coffee in the morning in the courtyard or relax with the family on the deck in the evenings. This house also has a huge 2 story Det Garage! 1mi to restaurants, groceries & 30min to Raleigh

TMLS #2109023

May 15, 2017

Sold

$200,000

$98/sq ft

May 15, 2017

Sold

$200,000

$98/sq ft

May 11, 2017

Pending

—

Apr 1, 2017

Contingent

—

Mar 22, 2017

Price Changed

$210,000

$103/sq ft

Mar 1, 2017

Listed

$220,000

$108/sq ft

Feb 6, 2017

Listed

$210,000

$103/sq ft

Public Records

Nov 26, 2008

Sold

$180,000

$88/sq ft

TMLS #1600048

Oct 17, 2008

Sold

$180,000

$88/sq ft

Oct 17, 2008

Sold

$180,000

$88/sq ft

May 20, 2008

Listed

$194,900

$96/sq ft

May 20, 2008

Listed

$194,900

$96/sq ft

TMLS #962123

Apr 12, 2008

Listing Removed

—

Oct 11, 2007

Listed

$204,900

$101/sq ft

Public Records

Nov 27, 1996

Sold

$135,000

$66/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,206 (+1.7%)

$56,870 + $310,790

$367,660

2024

$2,169 (−4.0%)

$56,870 + $310,790

$367,660

2023

$2,259 (+46.1%)

$29,370 + $220,550

$249,920

2022

$1,546 (−1.1%)

$29,370 + $138,810

$168,180

2021

$1,563 (+2.9%)

$29,370 + $138,810

$168,180

2020

$1,519 (+7.4%)

2019

$1,415 (+3.1%)

$29,370 + $123,510

$152,880

2018

$1,372 (+14.7%)

$29,370 + $118,920

$148,290

2017

$1,197 (−2.8%)

$26,700 + $89,320

$116,020

2016

$1,231

$26,700 + $89,320

$116,020

2015

$1,231 (+7.5%)

$26,700 + $89,320

$116,020

2014

$1,145

$26,700 + $89,320

$116,020

2013

$1,146 (+14.1%)

$26,700 + $89,320

$116,020

2012

$1,004 (−9.3%)

$26,700 + $89,320

$116,020

2011

$1,108

$17,114 + $96,058

$113,172

Tax history for 515 Cheves Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,206 (+1.7%)

$56,870 + $310,790

$367,660

2024

$2,169 (−4.0%)

$56,870 + $310,790

$367,660

2023

$2,259 (+46.1%)

$29,370 + $220,550

$249,920

2022

$1,546 (−1.1%)

$29,370 + $138,810

$168,180

2021

$1,563 (+2.9%)

$29,370 + $138,810

$168,180

2020

$1,519 (+7.4%)

2019

$1,415 (+3.1%)

$29,370 + $123,510

$152,880

2018

$1,372 (+14.7%)

$29,370 + $118,920

$148,290

2017

$1,197 (−2.8%)

$26,700 + $89,320

$116,020

2016

$1,231

$26,700 + $89,320

$116,020

2015

$1,231 (+7.5%)

$26,700 + $89,320

$116,020

2014

$1,145

$26,700 + $89,320

$116,020

2013

$1,146 (+14.1%)

$26,700 + $89,320

$116,020

2012

$1,004 (−9.3%)

$26,700 + $89,320

$116,020

2011

$1,108

$17,114 + $96,058

$113,172

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

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.34 Acres

Year renovated

2015

Sq. Ft.

1,995

Year built

1970

Style

Single Family Residential

County

Franklin County

APN

2472

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Parking Information
Garage: Yes
Garage Spaces: 2
Parking Features: Circular Driveway, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Rear, Parking Pad, Unpaved, Workshop in Garage

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 3

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Range, Refrigerator, Self Cleaning Oven, Washer
Window Features: Storm Window(s)
Laundry Features: Laundry Room, Main Level
Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Granite Counters, Pantry, Primary Downstairs, Radon Mitigation, Room Over Garage, Second Primary Bedroom, Smooth Ceilings, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower
Fireplace: Yes
Fireplace Features: Family Room, Wood Burning
Fireplaces Total: 1
Flooring: Carpet, Luxury Vinyl, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Board & Batten Siding, Brick
Building Area Total: 2038.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Deck, Patio
Exterior Features: Fenced Yard
Fencing: Invisible

Property information
Accessibility Features: Accessible Washer/Dryer
Above Grade Finished Area: 2038.0
Below Grade Finished Area: 0.0
Levels: One
Other Structures: Shed(s), Storage
Ownership Type: Other

Green Features
Green Indoor Air Quality: Contaminant Control

Land Information
Horse: Yes

Lot Information
Lot Size Acres: 1.97
Lot Size Area: 1.97
Lot Size Dimensions: See Plat
Lot Size Square Feet: 85813.2
Lot Size Units: Acres
Waterfront: Yes

Financial

Tax Information
Tax Annual Amount: 1655.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Well

Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump
Cooling: Yes
Cooling Information: Central Air

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0

School Information
Elementary School: Franklin - Bunn
Middle Or Junior School: Franklin - Bunn
High School: Franklin - Bunn

Location Information
County Or Parish: Franklin
Directions: From Raleigh, take US-64 East to exit 439 NC Hwy 39N. Turn left onto NC Hwy 39N for 6.7 miles. Turn Right onto Cheves Rd. Continue 1 mile and property is on your Left.
Latitude: 35.941439
Longitude: -78.233692
Postal Code: 27597
Road Frontage Type: Other

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 1,995
Stories: 1.0
Lot Size: 1.34 acres
Style: Single Family Residential
Year Built: 1970
Year Renovated: 2015
County: Franklin County
APN: 2472

Home facts updated by county records on Jun 22, 2026

Other

hidden custom fields
Laundry Room, Main Level

Listing Date Information
Contract Status Change Date: 2023-03-16
Documents Change Timestamp: 2024-06-15T01:50:42Z
Photos Change Timestamp: 2023-09-16T00:57:58Z

Around this home

Schools

Bunn Elementary

Public PreK-5 • Assigned • 1.7mi

6/10

Bunn Middle

Public 6-8 • Assigned • 2.9mi

3/10

Bunn High

Public 9-12 • Assigned • 1.3mi

4/10

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 106° expected this year, 16 days in 30 years

6/10 Wind Factor

67% 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

Zebulon, NC • 27597

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 9.1 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$424,000 – $513,000

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Nearby similar homes

$425,000

4 beds2.5 baths2,729 sq ft

8008 N Carolina 39 Hwy S, Zebulon, NC 27597

$68,900

Land— sq ft

113 Kansas Dr, Louisburg, NC 27549

NEW CONSTRUCTION3D WALKTHROUGH

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116 Blackfoot Dr, Louisburg, NC 27549

VIDEO TOUR

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New listings for sale in 27597

COMING SOON

$285,000

3 beds1 bath1,303 sq ft

238 E Vance St, Zebulon, NC 27597

$335,000

3 beds1.5 baths1,259 sq ft

65 Bunn Ave, Zebulon, NC 27597

$235,000

3 beds2 baths1,112 sq ft

1037 Laurel Leaf Rd, Zebulon, NC 27597

$424,900

3 beds2 baths2,220 sq ft

2317 Penarth Ct, Zebulon, NC 27597

$399,000

4 beds2.5 baths2,494 sq ft

1408 Weavers Trace Dr, Zebulon, NC 27597

EARLY ACCESS

$385,000

3 beds2 baths1,659 sq ft

194 Cherry Birch Ln, Zebulon, NC 27597

$360,000

3 beds2 baths1,744 sq ft

51 Split Rock Way, Zebulon, NC 27597

$149,900

3 beds2 baths1,568 sq ft

2508 Shepard School Rd, Zebulon, NC 27597

3D WALKTHROUGH

$345,000

3 beds2.5 baths1,905 sq ft

1268 Sidney Creek Dr, Zebulon, NC 27597

Home values near 515 Cheves Rd

Data from public records.

Address	Redfin Estimate
545 Cheves Road, Zebulon, NC 3 Beds \| 1.5 Baths \| 1792 Sq. Ft.	$605,053
418 Cheves Road, Zebulon, NC 3 Beds \| 1.5 Baths \| 1404 Sq. Ft.	$261,996

Address	Redfin Estimate
396 Cheves Road, Zebulon, NC 2 Beds \| 1.5 Baths \| 1112 Sq. Ft.	$225,733
434 Cheves Road, Zebulon, NC 3 Beds \| 1.5 Baths \| 1080 Sq. Ft.	$250,578

Address	Redfin Estimate
472 Cheves Road Unit 454, Zebulon, NC 3 Beds \| 2 Baths \| 1980 Sq. Ft.	$475,356
410 Cheves Road, Zebulon, NC 3 Beds \| 1.5 Baths \| 1276 Sq. Ft.	$232,906

Property information provided by TMLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27508, NC

Sale history for 515 Cheves Rd

Tax history for 515 Cheves Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27597

Home values near 515 Cheves Rd

More real estate resources