See Home Value
Efland 27243
427 Watson Road
$359,000
● House - Off Market

427 Watson Road

Efland, NC 27243
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,295 Ft²
$2,027
Est. Monthly
7.15%
Cap Rate

About This Property

Nice brick ranch with potential rental income from basement apartment. This home lives large and is well suited for multi generational living. New stainless appliances, hardwood floors, and quality updates abound. Three bedrooms on main level,a bedroom, office and other rooms on lower level. The beautiful two acre lot offers a convenient location for commuters.
Unit Size
2,295 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$160
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

Last updated: 2 years ago (TMLS #10080554)

Price History

Date / Event Date Event Price
Aug 27, 2025 Sold
Sold
Jul 21, 2025 In contract -
In contract
Jul 14, 2025 Price Decreased $368,000
↓ $7K (1.8%)
Price Decreased
Mar 5, 2025 Listed by Above & Beyond Realty LLC $374,900
Listed by Above & Beyond Realty LLC
Nov 21, 2017 Sold
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 490,921
  • Total Building Area: 2,352
  • Gross Building Area: 3,498
  • Building Area: 2,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EXEMPT SUBDIVISION
  • Land Acres: 0000011270
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 4B KERRY ALLISON & PERRY ALLISON P114/105

Neighborhood

  • School District Name: Orange County Schools
  • Census Tract: 011103

Geography

  • Assessors Map Reference: 6394/6
  • District: 3
  • Parcel: 9844-56-2363
  • Municipality: CHEEKS
  • Latitude: 36.0751
  • Longitude: -79.1831

    Address

  • Full Address: 427 Watson Rd
  • Address - House Number: 427
  • Address - Street Name: Watson
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Efland
  • Carrier Code: R003
  • 4-Digit Zip Code: 9703
  • Zip Code: 27243

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $270,489
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: EFFR,ORAG

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 71
  • Final Value: 391,963
  • High Value: 473,954
  • Low Value: 309,972

    Market Valuation

  • Market Total Value: $273,200
  • Market Land Value: $84,100
  • Market Improvement Value: $189,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,200
  • Assessed Land Value: $84,100
  • Assessed Improvements Value: $189,100

    Sales

  • Current Sale Contract Date: Nov 15, 2017
  • Current Sale Recording Date: Nov 21, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20171121000230640
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Efland


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Frequently Asked Questions

When was property at 427 Watson Road built and last sold?
The property at 427 Watson Road was built in 1967 and last sold on Nov 15, 2017 for $150,000.
How much is this home worth?
The estimated value of the home located at 427 Watson Road is $0.
What are some comparable homes to 427 Watson Road?
There are currently no comparable homes to 427 Watson Road.