Durham · Commercial sale
Concord WP Col Durham Ellis buys 2050 Watchorn St in Durham for $1.35 million
A vacant land at 2050 Watchorn St, Durham sold for $1,350,000 on August 25, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $1,350,000
- Recorded
- August 25, 2026
- Property type
- Vacant land
- Lot size
- 147,668 sq ft
The vacant land at 2050 Watchorn St in Durham sold for $1,350,000, below its $1,975,501 market value in the Durham County Assessor’s records.
The price is indicated by the transfer tax paid on a deed recorded August 25, 2026 with the Durham County Register of Deeds, according to the Durham County Assessor.
The recorder’s index lists Concord WP Col Durham Ellis LLC as the buyer. The Assessor’s records list the parcel as vacant land of 147,668 square feet, with no building appearing in those records.
What this sale costs to close
What does closing cost at this price? Under Durham County custom the seller's larger charges are $2,700 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. The seller's estimated net is $1,340,381 before brokerage commissions and any loan payoff. A cash buyer would need about $1,348,632 at closing.
Source: Durham County Tax Administration, parcel records, document 10612-861. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Durham County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
