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Sold for $400,000
  • $400,000

    501 Franklin Avenue, New Bern, NC 28560

    3beds
    2,115sqft
    Single Family Residence
    Built in 1946
    0.41 Acres Lot
    $400,800 Zestimate®
    $189/sqft
    $2,071 Estimated rent

    Home value

    $400,800

    $369,000 - $437,000

    $2,071/mo

    Zestimate® history
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    What's special

    A classic 1946 bungalow with timeless charm, this home is anything but a typical four-room layout. Warm and inviting, it offers far more space and versatility than expected. The living room sets the tone with calm paint colors, graceful arched doorways, and a large bay window that floods the space with natural light. Original pocket doors remain intact, leading to the formal dining room where a cozy fireplace and built-in bookshelves create a welcoming atmosphere. The kitchen has been thoughtfully updated and features a cheerful eat-in nook complete with a solar tube for extra light. A desirable split floor plan includes two bedrooms and a full bath on one side, offering comfort and privacy. Just off the primary bedroom, a light-filled sunroom—currently used as a studio—provides endless possibilities. Upstairs, a spacious loft offers another flexible living area, while the fully floored walk-in attic provides exceptional storage or potential for expansion. Add a full bathroom and definitely room for a clothing closet. Great flexibility. Pella windows throughout the home add efficiency and style. Outside, a large workshop/garage provides room for hobbies and projects, while the expansive backyard is the perfect retreat for gardening, entertaining, or simply relaxing. Recent updates include a brand-new heating system installed in May 2025. This home seamlessly blends 1940s character with thoughtful modern upgrades—move-in ready with space to grow. Centrally located to shopping, hospital and 7 min. to downtown New Bern.

    Zillow last checked:

    Listing updated:

    Listed by:

    LINDA HOLLAND 252-259-0756,

    COLDWELL BANKER SEA COAST ADVANTAGE

    Bought with:

    SARAH BENISCHEK, 297013

    IBX Coastal Living

    Source: Hive MLS,MLS#: 100527335MLS LogoOriginating MLS: Neuse River Region Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Dining Room
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Formal
    Heating
    • Gas Pack, Natural Gas
    Cooling
    • Other
    Appliances
    • Included: Gas Oven, Washer, Refrigerator, Range, Dryer, Disposal, Dishwasher
    • Laundry: Laundry Room
    Features
    • Master Downstairs, Walk-in Closet(s), Vaulted Ceiling(s), Solid Surface, Bookcases, Kitchen Island, Blinds/Shades, Gas Log, Walk-In Closet(s)
    • Flooring: Laminate, Tile, Vinyl, Wood
    • Doors: Thermal Doors
    • Windows: Skylight(s), Thermal Windows
    • Basement: None
    • Attic: Floored,Walk-In
    • Has fireplace: Yes
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 2,115
    • Total interior livable area: 2,115 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, On Site, Paved, Tandem
    • Carport spaces: 1
    • Uncovered spaces: 3
    Features
    • Levels: One and One Half
    • Stories: 2
    • Patio & porch: Open, Covered, Deck, Porch
    • Exterior features: Thermal Doors
    • Pool features: None
    • Fencing: Wire,Chain Link,Partial,Back Yard,Wood
    • Waterfront features: None
    Lot
    • Size: 0.41 Acres
    Details
    • Additional structures: Shed(s), Workshop
    • Parcel number: 8025 196
    • Zoning: res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Water: Public
    • Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Green verification: None

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Colonial Heights
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: New Bern

    Financial & listing details

    • Price per square foot: $189/sqft
    • Tax assessed value: $235,270
    • Annual tax amount: $2,036
    • Date on market: 9/25/2025
    • Cumulative days on market: 43 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    11/6/2025Sold$400,000$189/sqft
    Source: Hive MLS #100527335 Report a problem
    10/10/2025Contingent$400,000$189/sqft
    Source: Hive MLS #100527335 Report a problem
    9/10/2025Price change$400,000-9%$189/sqft
    Source: Hive MLS #100527335 Report a problem
    8/30/2025Listed for sale$439,500+48.5%$208/sqft
    Source: Hive MLS #100527335 Report a problem
    2/23/2023Sold$296,000-3.3%$140/sqft
    Source: Hive MLS #100366913 Report a problem
    2/1/2023Pending sale$306,000$145/sqft
    Source: Hive MLS #100366913 Report a problem
    1/29/2023Listed for sale$306,000+24.9%$145/sqft
    Source: Hive MLS #100366913 Report a problem
    7/19/2021Sold$245,000-2%$116/sqft
    Source: Public Record Report a problem
    6/4/2021Pending sale$250,000$118/sqft
    Source: Hive MLS #100269325 Report a problem
    5/28/2021Listed for sale$250,000$118/sqft
    Source: Hive MLS #100269325 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,036 $235,270
    2024$2,036 +1.8%$235,270
    2023$2,001 $235,270 +36.9%
    2022-- $171,900
    2021$1,852 $171,900 +43.3%
    2020-- $120,000 +0.3%
    2019$1,298 +0.3%$119,630
    2018$1,294 $119,630
    2017-- $119,630 -16.5%
    2016$1,232 -4.7%$143,210
    2015$1,293 $143,210
    2014$1,293 $143,210
    2013-- $143,210
    2012-- $143,210
    2011-- $143,210
    2010-- $143,210 +97.7%
    2009-- $72,420
    2008-- $72,420
    2007-- $72,420
    2006-- $72,420
    2005-- $72,420
    2004-- $72,420
    2002-- $72,420
    Find assessor info on the county website

    Neighborhood: 28560

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brinson
    • Middle: Grover C.Fields
    • High: New Bern

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $400,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $400,800