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435 Cobb Road, Kinston, NC, 28501

2beds
1baths
1,167sqft
$95,000
$81price/sqft
$846/moest. monthly cost
$33,840/yrincome needed

About This Home

Opportunity awaits in the desirable Southwood area! Situated on 1 acre just outside the Kinston city limits, this 2-bedroom, 1-bath home offers the peaceful setting you've been looking for with plenty of room to make it your own. Enjoy country living with a covered back porch, spacious yard, and a large two-bay run-in shelter that's ideal for equipment, livestock, storage, hobbies, or workshop space. Whether you're searching for an investment opportunity, a renovation project, or a property with acreage and endless potential, this one is worth a look. The home is in need of repairs and updates and is being sold as-is, making it an excellent opportunity for buyers ready to roll up their sleeves and build equity. With its desirable location, generous lot, and useful outbuildings, the possibilities are endless. Bring your vision and discover everything this Southwood property has to offer!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

5/10
Southwood ElementaryGrades PK-51.8 mi
8/10
Woodington MiddleGrades 6-86.9 mi
8/10

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Permanent
  • Roof: Metal
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: None
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None,Gas Log
  • Flooring: Carpet,Laminate
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Attic: Access Only

Heating & Cooling

  • Heating features: Space Heater,Electric
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,167
  • Total interior livable area: 1,167 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 453302772463
  • Zoning: residential
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Covered,Porch
  • Exterior features: None
  • Fencing: None
  • Has view: Yes
  • View description: None
  • Waterfront features: None
  • Frontage type: See Remarks
  • Living area range: 1000 - 1199

Lot

  • Lot size: 1 Acres
  • Features: Irregular Lot,Rural
  • Lot size dimensions: irregular

Parking

  • Total spaces: 2
  • Parking features: Unpaved
  • Covered spaces: 2
  • Carport: Yes
  • Carport 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

  • Hurricane
    HurricaneVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Hurricane
Winter Weather
Inland Flooding
Lightning
Strong Wind
Tornado
Cold Wave
Drought
Hail
Heat Wave

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 $480$5,760
Home Insurance *$109$1,308
Property Taxes $57$684
Electricity $200$2,405
Total$846$10,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,005/yr
40% on housing$25,380/yr
45% on housing$22,560/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

$81This listing

vs Other Active Listings

Avg $/sqft

ZIP 28501$78
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
2026-08-11Price change$85,000
2026-08-06Price change$89,000
2026-07-31Listed for sale$95,000
2026-07-23Sold$50,000
2021-06-23Listing removed--
2021-06-17Listed for sale$82,000
2021-02-16Listing removed--
2015-06-11Sold$58,000
2015-05-15Price change$60,000
2015-04-25Listed for sale$70,000

For Sale by Agent

AgentJason Long
BrokerageNathan Perry Realty LLC

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