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507 Oak St SW, Lenoir, NC, 28645

1beds
1baths
904sqft
$129,900
$144price/sqft
$962/moest. monthly cost
$38,480/yrincome needed

About This Home

Whimsical Cottage with potential for renewed life and charm.  Current Owner has devoted time into creative efforts to make this property one-of-a-kind.  You'll appreciate the rocking chair front porch, low-maintenance vinyl siding and spacious, flat yard with fencing.  Once you step inside, the high ceilings throughout make this cozy house feel grande.  The Great Room offers plenty of natural light, artistic accent walls and an electric fireplace.  Walk right through to the Kitchen where you will be pleasantly surprised to find a trendy, updated kitchen with sleek black cabinets and stainless steel appliances.  There is a walkout to the backyard.  Use caution out back as seller started to build an addition, but the project is unfinished with just a small landing out the back door. Potential for new owner to suit to their needs.  The laundry nook is conveniently located, just off of the kitchen.  The full bathroom is a unique, fun work of art with a newly tiled/stone shower and creative accents.  Everywhere you turn, this house is full of artistic features.  If you are looking for a cozy, unique cottage feel and you have appreciation for art with vision, this might be the project that you want to finish.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
Whitnel ElementaryGrades PK-50.4 mi
8/10
William Lenoir MiddleGrades 6-83.2 mi
4/10
Hibriten HighGrades 9-123.3 mi

Construction

Condition

  • Year built: 1963

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Refrigerator
  • Laundry features: Electric Dryer Hookup,Inside,Main Level,Washer Hookup

Basement

  • Basement: Dirt Floor,Exterior Entry,Partial

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Flooring: Laminate,Tile
  • Fireplace features: Great Room
  • Finished area below ground: 0
  • Finished area above ground: 904

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Ductless

Interior Area

  • Total structure area: 904
  • Total interior livable area: 904 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 2758164906
  • Zoning: R-6
  • Special condition: Third Party Approval

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch
  • Fencing: Chain Link,Partial
  • Waterfront features: None

Lot

  • Lot size: 0.30 Acres

Parking

  • Parking features: Driveway,On Street
  • Has uncovered spaces: Yes

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Cold Wave
Earthquake
Tornado
Winter Weather

FEMA Declared Disasters in Caldwell 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 $656$7,872
Home Insurance *$54$648
Property Taxes $52$624
Electricity $200$2,405
Total$962$11,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,982/yr
40% on housing$28,860/yr
45% on housing$25,653/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: 12.6%
12.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$144This listing

vs Other Active Listings

Avg $/sqft

ZIP 28645$171
Caldwell County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 28645$161
Caldwell County$173

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
2026-03-28Listed for sale$129,900
2010-09-07Sold$39,500
2010-07-02Listed for sale$45,900
2009-09-04Listing removed$47,500
2009-08-12Price change$47,500
2009-04-30Listed for sale$52,000

For Sale by Agent

AgentSarah Stansfield Turner
BrokerageColdwell Banker Boyd & Hassell

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