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501 W Main Street, Mount Olive, NC, 28365

4beds
2baths
3,000sqft
$510,000
$170price/sqft
$3,765/moest. monthly cost
$150,600/yrincome needed

About This Home

Welcome home to 501 W. Main St., Mount Olive, NC 28365 -- This 3000 sf brick home offers historical charm with modern conveniences. 3 parcels totaling 1.27 acres, an in-ground swimming pool, double detached garage with attached workshop, separate storage building, and privacy fencing are just a few of this property's many features. It is a prime property ideally located along one of the town's main corridors. This address offers excellent visibility and convenient access to the University of Mount Olive, local shops, dining, and community amenities, all while being just minutes from major routes. Enjoy the charm of small-town living with the benefit of a central location and strong local presence.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
52
BikeBikeable

Schools

7/10
2/10
9/10
Carver Elementary SchoolGrades PK-41.2 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Brick/Mortar
  • Roof: Architectural Shingle
  • Construction materials: Brick Veneer,Wood Frame

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-in Closet(s),Bookcases,Kitchen Island,Eat-in Kitchen,Walk-In Closet(s)

Heating & Cooling

  • Heating features: Heat Pump,Oil,Radiant
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 02h14025004006
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Deck,Front Porch
  • Fencing: Privacy,Partial,Split Rail,Vinyl
  • Has view: Yes
  • View description: None
  • Frontage type: See Remarks
  • Living area range: 3000 - 3499

Lot

  • Lot size: 1.27 Acres
  • Lot size dimensions: 150 x 253 x 165 x 54 x 320 x 307

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Concrete
  • 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
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Wayne 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 $2,578$30,936
Home Insurance *$319$3,828
Property Taxes $589$7,068
Electricity $279$3,353
Total$3,765$45,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,085/yr
40% on housing$112,950/yr
45% on housing$100,400/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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$170This listing

vs Other Active Listings

Avg $/sqft

ZIP 28365$184
Wayne County$120

vs Homes Sold Last Month

Median $/sqft

ZIP 28365
Wayne County$167

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
2026-06-08Listed for sale$510,000
2026-05-06Listing removed$510,000
2026-03-27Contingent$510,000
2026-01-23Listed for sale$510,000
1984-01-01Sold$60,000

For Sale by Agent

AgentDavid Kornegay
BrokerageKornegay Realty

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