$229,900
3 bd · 2 ba · 1,648 sq ft
501 N Chestnut Street
Mount Olive, NC, 28365
Listed 37 days ago
Listed by Kornegay Realty
About this home
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.
Facts
- Type
- Single Family Residence
- Year built
- 1957
- Lot
- 0.23 acres
- County
- Wayne
- MLS #
- 100597498
Features
Inside
- Kitchen Island
- Eat-in Kitchen
Parking
- Concrete
Heating & cooling
- Heat Pump
- Electric
Schools
- Elementary
- Carver
- Middle
- Mount Olive
- High
- Southern Wayne
As listed in the MLS (Wayne County Public Schools). School assignments can change — confirm with the district for this address.
Monthly payment estimate
$1,475/mo
- Principal & interest (30-yr fixed)$1,381
- Property taxes (2025 bill)$95
Estimate only. Rate is the national 30-year average (7.03% as of Sep 24, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.
Recent sales like this nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 511 W Station Street, Mount Olive | Jun 18, 2026 | 3 / 2 | 1,320 | $160,260 | $121 |
| 211 E Williamson Street, Mount Olive | Sep 18, 2026 | 3 / 2 | 1,600 | $170,000 | $106 |
| 513 Steele Street, Mount Olive | Apr 9, 2026 | 3 / 2 | 1,336 | $100,000 | $75 |
| 126 Andrews Circle, Mount Olive | May 8, 2026 | 3 / 2 | 1,390 | $155,000 | $112 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Mount Olive? Local guides
- How Much Are Property Taxes in Wilmington and the NC Coast? (2026-27)County and town property tax rates for New Hanover, Brunswick, Pender, Onslow and Duplin, what they cost on a $400,000 home, the 2027 revaluations to plan for, and tax relief you may qualify for.
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
About 501 N Chestnut Street
501 N Chestnut Street is a 3-bedroom, 2-bath home of about 1,648 square feet, built in 1957, on 0.23 acres, Mount Olive, Wayne County, NC 28365.
At $229,900, it's 4% below the median asking price ($239,900) of the 9 other 3-bedroom listings for sale in Mount Olive today.
That's about $140 per square foot, compared with a Mount Olive median of $142.
Across ZIP 28365, 32 3-bedroom homes sold in the past year at a median of $187,450.
It has been on the market for 38 days.
Buying 501 N Chestnut Street
- See it in person. Pick a time and we'll call to confirm — often same day.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 501 N Chestnut Street? See what it's worth — every online estimate side by side, next to real sales in Mount Olive.
What's my home worth? →Questions about 501 N Chestnut Street
How much is 501 N Chestnut Street?
501 N Chestnut Street is listed at $229,900 (about $140 per square foot) as of September 26, 2026. Status: for sale.
How many bedrooms and bathrooms does 501 N Chestnut Street have?
3 bedrooms and 2 bathrooms, with about 1,648 square feet.
How long has 501 N Chestnut Street been on the market?
38 days.
When was 501 N Chestnut Street built?
1957.
Who is the listing broker for 501 N Chestnut Street?
Kornegay Realty (MLS #100597498). The Buddy Blake Team can show it to you and answer questions.
Can I tour 501 N Chestnut Street?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.