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316 Sherwood Avenue, Kinston, NC, 28501

3beds
3baths
1,931sqft
$235,000
$122price/sqft
$1,931/moest. monthly cost
$77,240/yrincome needed

About This Home

Located on a corner lot in one of Kinston's well-established neighborhoods, this charming multi-unit dwelling offers comfort, convenience, and versatility. The dwelling is 0.29 acres, and the adjoining lot is 0.26 acres, for a total of 0.55 acres. Unit A has 4 bedrooms and 2 bathrooms. Unit B has 1 bedroom and 1 bathroom with an open-space kitchen and living room. The home has been updated with a new gas pack for efficient heating and cooling. Additional features include a gas water heater, a washer/dryer hook-up, and an attached two-car garage.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

5/10
Northeast ElementaryGrades PK-51.0 mi
5/10
Rochelle MiddleGrades 6-81.1 mi
2/10
Kinston HighGrades 9-121.5 mi

Construction

Condition

  • Year built: 1941

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Aluminum Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Electric Range
  • Laundry features: Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • 2nd Kitchen

Heating & Cooling

  • Heating features: Gas Pack,Baseboard,Natural Gas
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,931
  • Total interior livable area: 1,931 sqft

Property

Details

  • Parcel number: 452507570632
  • Zoning: RA6
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Patio & porch: Front Porch
  • Fencing: None
  • Has view: Yes
  • View description: None
  • Frontage type: See Remarks
  • Living area range: 1800 - 1999

Lot

  • Lot size: 0.55 Acres
  • Lot size dimensions: 0.55 acres

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Hurricane
Lightning
Tornado
Hail
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters in Lenoir County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance *$270$3,240
Property Taxes $273$3,276
Electricity $200$2,405
Total$1,931$23,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,205/yr
40% on housing$57,930/yr
45% on housing$51,493/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$122This listing

vs Other Active Listings

Avg $/sqft

ZIP 28501$76
Lenoir County$98

vs Homes Sold Last Month

Median $/sqft

ZIP 28501$111
Lenoir County$119

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-21Listed for sale$235,000
2016-12-30Sold$46,000
2016-10-06Listed for sale$46,500

For Sale by Agent

AgentMILTON FIELDS
BrokerageM & C REALTY COMPANY INC.

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