$400,000

Sold Nov 6, 2025

3 bd · 2 ba · 2,115 sq ft

501 Franklin Avenue

New Bern, NC, 28560 · Colonial Heights

Hive MLSListed by COLDWELL BANKER SEA COAST ADVANTAGE

Sale details

Sold price
$400,000
Sold on
Nov 6, 2025
First listed at
$439,500
Last asking price
$400,000 (−9%)
Sold vs. first asking
91%
Sold vs. last asking
100%
Days on market
43

Earlier at this address

DateEventPrice
Feb 23, 2023Sold$296,000 (asked $306,000)
Jul 19, 2021Sold$245,000 (asked $250,000)

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About this home

A classic 1946 bungalow with timeless charm, this home is anything but a typical four-room layout. Warm and inviting, it offers far more space and versatility than expected. The living room sets the tone with calm paint colors, graceful arched doorways, and a large bay window that floods the space with natural light. Original pocket doors remain intact, leading to the formal dining room where a cozy fireplace and built-in bookshelves create a welcoming atmosphere. The kitchen has been thoughtfully updated and features a cheerful eat-in nook complete with a solar tube for extra light. A desirable split floor plan includes two bedrooms and a full bath on one side, offering comfort and privacy. Just off the primary bedroom, a light-filled sunroom—currently used as a studio—provides endless possibilities. Upstairs, a spacious loft offers another flexible living area, while the fully floored walk-in attic provides exceptional storage or potential for expansion. Add a full bathroom and definitely room for a clothing closet. Great flexibility. Pella windows throughout the home add efficiency and style. Outside, a large workshop/garage provides room for hobbies and projects, while the expansive backyard is the perfect retreat for gardening, entertaining, or simply relaxing. Recent updates include a brand-new heating system installed in May 2025. This home seamlessly blends 1940s character with thoughtful modern upgrades—move-in ready with space to grow. Centrally located to shopping, hospital and 7 min. to downtown New Bern.

Facts

Type
Single Family Residence
Year built
1946
Lot
0.41 acres
Garage
1 space
Community
Colonial Heights
County
Craven
MLS #
100527335

Features

Inside

  • Master Downstairs
  • Walk-in Closet(s)
  • Vaulted Ceiling(s)
  • Solid Surface
  • Bookcases
  • Kitchen Island
  • Blinds/Shades
  • Gas Log
  • Walk-In Closet(s)
  • Laminate
  • Tile
  • Vinyl
  • Wood
  • Gas Oven
  • Washer
  • Refrigerator

Outside

  • Thermal Doors

Community

  • None

Parking

  • Off Street
  • On Site
  • Paved
  • Tandem

Heating & cooling

  • Gas Pack
  • Natural Gas
  • Other

Schools

Elementary
Brinson
Middle
Grover C.Fields
High
New Bern

As listed in the MLS. School assignments can change — confirm with the district for this address.

About 501 Franklin Avenue

501 Franklin Avenue is a 3-bedroom, 2-bath home of about 2,115 square feet, built in 1946, on 0.41 acres in Colonial Heights, New Bern, Craven County, NC 28560.

At $400,000, it's 15% above the median asking price ($346,900) of the 216 other 3-bedroom listings for sale in New Bern today.

That's about $189 per square foot, compared with a New Bern median of $184.

1 other home is for sale in Colonial Heights right now (median asking $325,000); 3 homes sold there in the last 12 months at a median of $236,000, typically in about 27 days.

Across ZIP 28560, 467 3-bedroom homes sold in the past year at a median of $268,000.

Own a home near 501 Franklin Avenue? See what it's worth — every online estimate side by side, next to real sales in Colonial Heights.

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Questions about 501 Franklin Avenue

How much is 501 Franklin Avenue?

501 Franklin Avenue is listed at $400,000 (about $189 per square foot) as of September 26, 2026. Status: closed.

How many bedrooms and bathrooms does 501 Franklin Avenue have?

3 bedrooms and 2 bathrooms, with about 2,115 square feet.

What neighborhood is 501 Franklin Avenue in?

Colonial Heights, in New Bern, Craven County, North Carolina.

What have homes sold for in Colonial Heights?

3 homes sold in Colonial Heights in the last 12 months, at a median price of $236,000.

When was 501 Franklin Avenue built?

1946.

Who is the listing broker for 501 Franklin Avenue?

COLDWELL BANKER SEA COAST ADVANTAGE (MLS #100527335). The Buddy Blake Team can show it to you and answer questions.

Listing provided by COLDWELL BANKER SEA COAST ADVANTAGE via Hive MLS.