Thinking of selling yours first? See what it's worth →
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
- Price per sq ft
- $140
- Stories
- 1
- Construction
- Brick Veneer, Wood Frame
- Roof
- Metal
- Foundation
- Brick/Mortar
- Property tax
- $1,134 / year (2025)
- Listed
- Aug 19, 2026
- MLS #
- 100597498
Features
Inside
- Kitchen Island
- Eat-in Kitchen
Parking
- Concrete
Heating & cooling
- Heat Pump
- Electric
Directions to 501 N Chestnut Street
North on Breazeale Ave, left on Station St., property on corner of Station St. and Checstnut St.
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.
Payment calculator
Enter the rate a lender quoted you and pick a down payment to see principal and interest for this home. Not sure what to use? See this week's national average at Freddie Mac ↗
Get your actual rate for this home — usually same day
Joey Milam, Alpha Mortgage Advantage · NMLS #117399 · You're free to choose any lender.
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 |
| 126 Andrews Circle, Mount Olive | May 8, 2026 | 3 / 2 | 1,390 | $155,000 | $112 |
| 612 E Main Street, Mount Olive | May 19, 2026 | 3 / 1 | 1,370 | $145,000 | $106 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
Own a home in Mount Olive?
Get an email when homes here sell, with what they sold for — and see what yours is worth.
Buying in Mount Olive? Local guides
- Builder Incentives on New Homes near Wilmington, NCWhich Wilmington-area builders are offering closing-cost help, rate buydowns and upgrade credits right now, where they are, and what to ask before you count on one.
- Before You List on the NC Coast: Inspect, Repair or Sell As-Is?What to do before listing a home in Wilmington and the southeastern NC coast: a pre-market inspection, what to fix, credit or disclose, roof/HVAC/insurance questions coastal buyers ask, photos, pricing and offers.
- 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.
Explore the area
Popular searches in Mount Olive
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 6% below the median asking price ($245,000) of the 13 other 3-bedroom listings for sale in Mount Olive today.
That's about $140 per square foot, compared with a Mount Olive median asking price of $130 per square foot.
Across ZIP 28365, 33 3-bedroom homes sold in the past year at a median of $205,000.
It has been on the market for 74 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.
Buying 501 N Chestnut Street
- See it in person. Pick a time and we'll call to confirm — often same day.
- See the cost of waiting. What waiting could cost you on this home, and what it could look like 10 years from now, using today's national rate and 20 years of home price history.
- 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 — a home value report built from 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 November 1, 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?
74 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.