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500 Marilyn Drive, Kinston, NC, 28501

3beds
1baths
957sqft
$39,000
$41price/sqft
$486/moest. monthly cost
$19,440/yrincome needed

About This Home

Investment opportunity in Kinston! This 1953-built, 3BR/1BA cottage sits on a spacious .29-acre corner lot in the Westwood subdivision. Offering 957 sqft of potential, this home features a functional floor plan and a first-floor primary bedroom. Being sold strictly AS-IS, this property is a blank canvas for contractors or savvy investors looking to flip or add to a rental portfolio.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

5/10
Northeast ElementaryGrades PK-50.9 mi
5/10
Rochelle MiddleGrades 6-81.9 mi
3/10
Kinston HighGrades 9-120.7 mi

Construction

Condition

  • Year built: 1953

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Concrete,Asbestos,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: See Remarks
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bathroom1

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • See Remarks
  • Flooring: See Remarks
  • Attic: Scuttle

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 957
  • Total interior livable area: 957 sqft

Living Room

  • Level: First

Property

Details

  • Parcel number: 452618419813
  • Zoning: RA6
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Porch
  • Exterior features: None
  • Fencing: None
  • Has view: Yes
  • View description: See Remarks
  • Waterfront features: None
  • Frontage type: See Remarks
  • Living area range: 800 - 999

Lot

  • Lot size: 0.29 Acres
  • Lot size dimensions: 108 x 124 x 113 x 106

Parking

  • Parking features: None,Unpaved,Off Street

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 $197$2,364
Home Insurance *$44$528
Property Taxes $45$540
Electricity $200$2,405
Total$486$5,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$16,662/yr
40% on housing$14,580/yr
45% on housing$12,960/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

$41This listing

vs Other Active Listings

Avg $/sqft

ZIP 28501$78
Lenoir County$99

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)

No zestimate history available

Price History

DateEventPrice
2026-05-13Price change$39,000
2026-05-01Price change$45,000
2026-04-07Listed for sale$55,000
2019-01-23Listing removed$8,000
2019-01-16Pending sale$8,000
2019-01-14Price change$8,000
2019-01-04Price change$12,500
2018-12-26Price change$10,000
2018-12-21Price change$13,000
2018-12-17Price change$15,000
2018-11-10Price change$20,000
2018-04-10Listed for sale$25,000

For Sale by Agent

AgentKris Weaver
BrokerageAtlantic Sothebys International Realty

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