506 Colonial Ave, Ave, NC 27909
OFF MARKET

$290,900

Trulia Estimate
  • Studio

506 Colonial Ave, Ave, NC 27909

Est. Refi. Payment $1,734/mo*
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Home Value

Trulia Estimate
$291K
Since last month
Increased$30K (+11.5%)
Since last year
Increased$51K (+21.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +49% in the last 10 years
MonthEstimated value
2026
August 2026$291K
August 2026$291K
July 2026$261K
June 2026$275K
May 2026$251K
April 2026$263K
March 2026$262K
February 2026$252K
January 2026$240K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
503 Pearl Street, Elizabeth City, NC
0.14
Single-Family Home
$39,000
06/15/26
4
1.5
1,376
203 B N Water St, Elizabeth City, NC
0.06
Single-Family Home
$470,000
06/23/26
-
-
502 E Burgess Street, Elizabeth City, NC
0.22
Single-Family Home
$135,000
07/30/26
4
3
1,896
105 E Burgess St, Elizabeth City, NC
0.31
Single-Family Home
$171,000
06/08/26
3
1
1,560
800 2nd Street, Elizabeth City, NC
0.36
Single-Family Home
$99,900
07/30/26
3
1.5
-
802 2nd Street, Elizabeth City, NC
0.37
Single-Family Home
$165,000
11/14/25
3
2
1,281
806 2nd Street, Elizabeth City, NC
0.37
Single-Family Home
$139,900
09/03/26
3
2
1,192
711 N Martin St, Elizabeth City, NC
0.32
Single-Family Home
$1,051
05/06/26
3
1
992
510 White St, Elizabeth City, NC
0.41
Single-Family Home
$52,500
12/22/25
3
1
1,576
705 Second Street, Elizabeth City, NC
0.32
Single-Family Home
$18,000
03/16/26
2
1
856

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
603 E Colonial Avenue #1, Elizabeth City, NC 27909
0.04
$242,900
2
1
1,039
For Sale
603 E Colonial Avenue #5, Elizabeth City, NC 27909
0.05
$183,100
1
1
756
Off Market
110 N Water Street #2, Elizabeth City, NC 27909
0.11
$389,800
3
2.5
1,733
Off Market
503 Pearl Street, Elizabeth City, NC 27909
0.14
$39,000
4
1.5
1,376
Recently Sold
110 N Water Street #1, Elizabeth City, NC 27909
0.11
$418,500
3
2
1,755
Off Market
110 3 N Water Street, Elizabeth City, NC 27909
0.12
$426,600
3
2.5
1,656
Off Market
606 E Fearing Street Unit 1, Elizabeth City, NC 27909
0.12
$175,000
1
1
612
For Sale
606 E Fearing Street Unit 3, Elizabeth City, NC 27909
0.12
$180,000
1
1
692
For Sale
606 E Fearing Street Unit 2, Elizabeth City, NC 27909
0.12
$185,000
1
1
742
For Sale
700 205 E Main Street, Elizabeth City, NC 27909
0.15
$386,700
4
2.5
1,962
Off Market
201 E Main Street, Elizabeth City, NC 27909
0.17
$727,000
4
3.5
5,434
Off Market

Local Information

  • Map ViewExplore the area around 506 Colonial Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1925

About this House

This single-family home is located at 506 Colonial Ave, Ave, NC. 506 Colonial Ave is in Ave, NC and in ZIP code 27909. This property has a lot size of 2308 sqft and was built in 1925.
506 Colonial Ave, Ave, NC 27909 is a studio single-family home built in 1925. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $290,900, with a rent estimate of $1,562/month.

Home Details for 506 Colonial Ave

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Other

Community

Units in Building: 2

Lot Information

Lot Area: 2308 sqft

Price and Tax history

YearProperty taxTax assessment
2024
$1,762
$113,000
Home facts updated by county records

Market trends in Elizabeth City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$305K
$3KMoM
Sale-to-List Price
100.0%
Price per sq ft
$176
$2MoM
Available listings
162
3MoM

Around this home

What Locals Say about Elizabeth City

At least 216 Trulia users voted on each feature.

  • 87 % Say parking is easy

  • 86 % Say car is needed

  • 84 % Say yards are well-kept

  • 73 % Say there's holiday spirit

  • 69 % Say it's dog friendly

  • 64 % Say kids play outside

  • 59 % Say it's quiet

  • 56 % Say neighbors are friendly

  • 51 % Say people would walk alone at night

  • 48 % Say there's wildlife

  • 42 % Say streets are well-lit

  • 40 % Say they plan to stay for at least 5 years

  • 38 % Say there are sidewalks

  • 32 % Say it's walkable to restaurants

  • 28 % Say it's walkable to grocery stores

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Everyone knows everyone, and if they know you they look out and love you. It’s the true embodiment of what it is to be in the harbor of hospitality. "
    0
    Flag
  • Ashley Tomlin
    "Easy commute and no issues getting somewhere in a timely fashion. No delays. No tolls which makes it even better. "
    0
    Flag
  • Keldiemurphy
    "I've lived on the northside of town for 4 years; the commute is great and the neighborhood is very safe. They have recently added a northside park and are adding a new fire and police station to better accommodate this area."
    0
    Flag
  • Trulia User
    "it’s pretty safe in most areas but because of the times we’re living in caution is still important. Drugs and lack of good jobs is a problem."
    0
    Flag
  • Norma Reid
    "There’s educational activities and summer camp at the y and they are really trying to have something for the children year round "
    0
    Flag
  • Bryedge
    "No, this is a very dysfunctional city. Very divided. My neighborhood is filled with retirees who have lived here 50 years and the kids have moved away."
    0
    Flag
  • Angie Mattei Wood
    "It’s a quiet and nice neighborhood and the commute to stores or downtown is only a few minutes. Very easy"
    0
    Flag
  • Jennifer P
    "Movies on the Green, Music on the Green at Mariners Warf there’s also special family friendly events at the water front throughout the year. First Friday Artwalks on the first Friday of every month. Holiday events like the Grand Illumination, Trunk or Treat, the Christmas Parade and others. "
    0
    Flag
  • Trulia User
    "We’re friendly to each other and we live our lives openly enjoying our neighborhood. Kids walk thru here to school and to the knob creek recreational location. "
    0
    Flag
  • Angela
    "A small town with alot of promise..... but so many problems. High utilities, a council that forever squabbles like children, growing gang and drug activity. "
    25
    Flag
  • Angie M. W.
    "Traffic is not too bad at all and my commute to work is about 45 minutes. My commute to my family in VB is about an hour"
    2
    Flag
  • Happyfoxx45
    "I use to use public transportation before I got a car, and it was easily accessed. It is only about 5 to 10 minutes outside of town"
    1
    Flag
  • Biart S.
    "I live in a small neighborhood with no HOA but all homes look well kept. The area is in a flood zone with high elevated lots and good drainage."
    18
    Flag
  • Adawnray
    "Great for walking dogs, but don’t be surprised, very few neighbors actually walk their dogs. So sad to see they just chain them up outside till the dogs do their business."
    2
    Flag
  • Justinbright96
    "Parades are fun and usually the community has store “crawls” which are fun to attend. As well, the potato festival is fun "
    0
    Flag
  • Jeff
    "it's in the woods has a big country feel, wild animals, nature at its finest. No other special things needed. "
    11
    Flag
  • Mikejbjack
    "I live in a quiet neighborhood. in an emergency the people in my neighborhood are ready to help.I love where I live."
    2
    Flag
  • Tom N
    "Pretty quiet and I have everything I need and want within 10-15 minutes drive. Love the small town feel. "
    12
    Flag
  • Skinner120
    "It’s an established neighborhood. The area has maintained its quaintness. The neighborhood was built in 1960’s, and has evolved but still maintains its quaintness."
    12
    Flag
  • Ashley F.
    "They would probably love it because I have a decent sized back yard. And there are all kinds of dog parks near where I live. "
    0
    Flag
  • 19kimberlywiley91
    "I drive about 5 to 10mins to get to a Food Lion, 20 for walmart and about 20 to get to my job. I don't know Mich about public transportation I drive my own vehicle everywhere. where I live is close to all the schools. "
    16
    Flag
  • Shedeviljojo1963
    "quiet mostly clean not very busy street. I walk my pup at least 3 times a day. Just have to watch for some of the dogs in the area that aren't on a leash . "
    6
    Flag
  • Nicole L. L.
    "Great small town with plenty to do! Good schools, great variety of housing options (new and old), and friendly environment."
    0
    Flag
  • Mathewdeglau
    "People are friendly here. Sometimes can be a little nosy but are good people. It's called rabbit's corner for a reason. Often rabbits can be seen outdoors nibbling here and there."
    0
    Flag
  • Danita C.
    "it's one of a kind it's friendly quiet and it was a place where I didn't see myself living because I thought it was a bad neighborhood. I can't speak for the entire trailer park only where I stay neighbors get along love another and share. We look out for one another making sure there's no one that shouldn't be on property trespassing. I enjoy our temporary stay here we are looking forward to bigger and better things! "
    0
    Flag
  • Alynnadams1984
    "The particular neighborhood I live in has vicious dogs that run loose, feral cats all over. Other than that it's a great pet area."
    0
    Flag
  • Gracee923
    "we've been here for over 4 years its quiet and people are extremely nice and helpful. there are a lot of children in the area and a lot of people with pets."
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 506 Colonial Ave

  • What is 506 Colonial Ave estimated to be worth?
    Trulia's estimated value for 506 Colonial Ave is $290,900.
  • Is Ave a buyer's or seller's market?
    Ave is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Ave?
    The median sale price in Ave is $305K. That is down $3K from the prior month.
  • What do residents say about Ave?
    Residents describe Ave, NC as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Ave, NC.
  • How big is the lot at 506 Colonial Ave?
    The lot at 506 Colonial Ave is about 0.05 acres (2,308 sq ft).

Explore by feature - Pet Friendly

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Off Market Homes Near 506 Colonial Ave

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