Date
Details
Price
Change
Source
8/19/2026
Listed
$229,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$229,900 Just Listed
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Property Description
Walking distance to the University of Mount Olive. 24x24 detached building. Welcome home to this well-maintained 3-bedroom, 1.5-bath brick home located in a convenient in-town Mount Olive location. Offering approximately 1,648 square feet, this property combines classic character with practical features that make it an excellent choice for a homeowner, first-time buyer, or anyone looking for additional garage and workshop space. Inside, the home features beautiful wood flooring and comfortable living spaces with plenty of potential to make the home your own. The kitchen provides functional space for everyday living, while the three bedrooms offer flexibility for family, guests, or a home office. One of the standout features of this property is the 24' x 24' heated detached garage, providing an exceptional amount of additional space for vehicles, a workshop, hobbies, storage, or other needs. Having a heated detached building of this size is a rare advantage and adds significant versatility to the property. Step outside and enjoy the fenced backyard and covered back porch, creating a great setting for relaxing, entertaining, gardening, or enjoying the outdoors. Located in the heart of Mount Olive, this home offers convenient access to downtown amenities, shopping, dining, schools, and the University of Mount Olive.
Full Property Details
Full Property Details for 501 N Chestnut St
General
- Price: $229,900
- Taxes: $1,134 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100597498
- Updated: 8/20/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Kitchen Island, Eat-in Kitchen
- Fireplace: Yes
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Other Rooms
- Eat-in kitchen: Yes
Exterior
- Porch/Patio/Deck: Covered, Deck
Parking
- Parking Features: Concrete
Location
- County: Wayne
- Subdivision: Not In Subdivision
- Driving Directions: North on Breazeale Ave, left on Station St., property on corner of Station St. and Checstnut St.
School Information
- High School District: Wayne County Public Schools
- Elementary School: Carver
- Middle School: Mount Olive
- High School: Southern Wayne
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Electric
Utilities
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Brick Veneer, Wood Frame
- Roof: Metal
- Entry Floor Number: 1
- Square Feet: 1,648
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Dimensions: 64 x 155 x 64 x 155
- Frontage: City Street, State Road
- Zoning: R-10
- Fencing (Description): Chain Link
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $139.5
- Assessment Amount: $164,890
- Tax Amount: $1,134.36
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: DB2872, P3, Wayne County NC
- Property ID: 02h14032001013
Listed by Kornegay Realty, David Kornegay
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Listing agent
— 501 N Chestnut St —
David Kornegay
Kornegay Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 501 N Chestnut St
School District:Wayne County Public Schools
| Name | Grades | Distance |
|---|---|---|
Mount Olive Middle School 309 Wooten Street, Mount Olive, NC 28365 | 5-8 | 0.4 mi |
Carver Elementary School, Mount Olive, NC 400 Old Seven Springs Road, Mount Olive, NC 28365 | PK-4 | 0.7 mi |
Southern Wayne High School 124 Walter Fulcher Rd, Dudley, NC 28333 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 N Chestnut St
Tax History
Tax History for 501 N Chestnut St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,134
111%
$164,890
41%
2024
$537
-35%
$116,850
—
2023
$825
—
$116,850
—
2022
$825
5%
$116,850
—
2021
$787
3%
$116,850
—
2020
$762
—
$116,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 N Chestnut St
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501 N Chestnut Street, Mount Olive, NC 28365 (MLS# 100597498) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 501 N Chestnut Street is currently listed for $229,900 and was received on August 19, 2026. Want to learn more about 501 N Chestnut Street? Do you have questions about finding other Single Family real estate for sale in Mount Olive? You can browse all Mount Olive real estate or contact a Coldwell Banker agent to request more information.