Property listing for 209 E River St, Colerain, NC 27924
For SaleSingle Family Home

$149,995

209 E River St, Colerain, NC 27924

Historic 1925 Home on 1.53 Acres with Workshop

3 Bed · 2 Bath · 2,189 Sq Ft

Sprawling lot, heated workshop, and river access nearby

3

Beds

2

Baths

2,189

Sq Ft

1925

Built

1.53 acres

Lot

Detached

Garage

About 209 E River St

What sets 209 E River St apart is the scale of the property: a 1925 single‑story home with 2,189 square feet of living area sited on a level 1.53‑acre lot, less than a mile from the Chowan River. The house carries the layered character of multiple additions over the decades — wide floorplates, tall ceilings in places, and the kind of footprint that welcomes a thoughtful restoration. A detached garage and a heated workshop (complete with sink and toilet) extend the functionality for hobbyists or someone planning an on‑site business.

Inside you'll find three bedrooms and two bathrooms across an adaptable plan. Systems noted in the listing include central air and a propane/gas pack heating setup; the roof is a combination of metal and shingle. Public water and sewer are connected. The property also includes a distinctive backyard turtle enclosure — a unique feature for anyone who appreciates garden/building diversity or small‑scale animal care.

The house is offered strictly "as‑is," priced at $149,995 (about $68.50 per square foot) to reflect needed updates and renovation opportunity. Assessed value for 2025 is $81,270 with annual taxes of $1,185. For perspective, a nearby sale on N Main St closed at $220,000 in mid‑2025; that sale reflects more modern construction and a higher price per square foot. That comparative gap highlights the renovation upside for a buyer willing to invest in bringing this home back to historic form or reconfiguring for contemporary living.

Location is quietly practical: Colerain Elementary sits roughly 0.4 miles away, and the Chowan River sits about 0.5 miles from the property, offering easy access for fishing, boating, and waterside recreation. The neighborhood is rural residential — a patchwork of historic homes and large lots — appealing to buyers seeking privacy, outdoor space, and a slower pace while still being within reach of county amenities.

This listing is a clear opportunity for a hands‑on buyer, contractor, or investor who values land, historic fabric, and a substantial workshop on site. For more details or to schedule a visit, contact listing agent Scott Polner at (770) 309‑3767 with EXP Realty LLC.

Home Highlights

Historic 1925 construction1.53-acre lot offering privacy and expansion potentialHeated workshop with utilities (sink and toilet)Detached garage and gravel drivewayTurtle enclosure — unique backyard featurePublic water and sewerPriced at $149,995; sold as‑is

Property Features

Interior Features

  • 3 bedrooms, 2 bathrooms
  • 2,189 total square feet
  • Single‑story layout with multiple historic additions
  • Central air conditioning
  • Propane/gas pack heating
  • Sold As‑Is — renovation opportunity

Exterior & Lot

  • 1.53-acre level lot
  • Detached garage and gravel driveway
  • Heated workshop with sink and toilet
  • Metal and shingle roof sections
  • Frontage on E River St
  • Unique backyard turtle enclosure

Location & Neighborhood

  • 0.4 miles to Colerain Elementary School
  • Approximately 0.5 miles to Chowan River access
  • Rural residential setting in Colerain
  • Served by Bertie County Schools
  • Quiet street with low traffic

Walkability & Recreation

  • Walkability Rating: 35/100 — Car‑Dependent
  • Chowan River access for boating and fishing (≈0.5 miles)
  • Local playgrounds and field space near Colerain Elementary
  • Small‑town roads suitable for walking and bicycling
  • Community recreation resources located in nearby towns

Neighborhood & Location

Colerain is a compact, rural town in Bertie County where wide lots, older homes, and proximity to the Chowan River define local life. Residents enjoy low traffic, river access for boating and fishing, and a small‑town pace punctuated by community events and school activities. Essential services and larger shopping or medical needs are found in neighboring towns, while local schools — including Colerain Elementary — serve as community anchors. The area appeals to buyers seeking privacy, outdoor access, and the chance to restore or expand on historic properties.

Market Insights

Colerain and the surrounding sections of Bertie County operate as a small, rural market with limited transactional volume and sparse comparable sales. Available data is thin: recent comparable activity includes a mid‑2025 sale on N Main Street at $220,000 (roughly $115/sf) while 209 E River St is listed at $149,995 (~$68.50/sf). This spread indicates room for value capture after renovations but also reflects condition differences and construction vintage. Inventory levels and average days on market for this immediate pocket are not robustly reported; historically, rural properties here trade more slowly than suburban/urban markets and tend to attract a narrower buyer pool. Given the home's age, the "as‑is" sale condition, and the sizeable lot, the current environment favors buyers willing to take on renovation scope and time. For sellers, clear pricing and targeted marketing to investors and restoration‑minded buyers are key; for buyers, competitive offers that account for repair costs and leverage the property's sizable lot and workshop will be strongest. Overall, this is an opportunity market for value‑oriented buyers rather than a fast‑moving seller's market.

Nearby Schools

Colerain Elementary School

Elementary · 0.4 mi

Bertie Middle School

Middle

Bertie High School

High

Walkability & Recreation

35
Walkability
70
Recreation

Very good river access with the Chowan River about 0.5 miles away, opportunities for boating and fishing nearby, and local school grounds and small parks for everyday outdoor activity.

Investment Highlights

  • Historic 1925 home with unique character
  • Large 1.53-acre lot offering privacy
  • Heated workshop with toilet and sink
  • Proximity to Chowan River and local schools
  • Potential for renovation and value appreciation

Key Findings

  • Listed for sale at $149,995 as of November 2025
  • Assessed value of $81,270 with annual taxes of $1,185
  • Located 0.5 miles from Chowan River
  • Includes a heated workshop and turtle enclosure

Things to Consider

  • Property sold 'as is' requiring renovations
  • Age of the home may necessitate updates to systems
  • Limited market data available for the area

Opportunity Analysis

Historic home on a large lot with potential for renovation and value appreciation in a rural setting.

Potential Use Scenarios

  • Renovate to restore historic charm and increase value
  • Utilize workshop for personal projects or rental income
  • Leverage proximity to Chowan River for recreational appeal

Risk Factors

  • Renovation costs may be significant
  • Rural location may limit buyer pool
  • Age of home may present unforeseen maintenance issues

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$140K

Midpoint

$150K

High

$160K

$68.5/SF estimated price per square foot

75% confidence

Sales comparison approach using recent listings and sales in the area. Adjusted for property condition and lot size.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Demographics

Limited data available; rural area with stable population.

Nearby Points of Interest

  • Chowan River (0.5 mi)
  • Colerain Elementary School (0.4 mi)

Proximity to Chowan River and local schools; rural residential setting.

School District

DistrictBertie County Schools
ElementaryColerain Elementary School
MiddleBertie Middle School
HighBertie High School

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1925
Constructionwood frame
Stories1
Roofmetal and shingle
Heatingpropane, gas pack
Coolingcentral air
Basementnone
FireplaceNo
Conditionfair

Lot & Site

Lot Size1.53 acres (66,647 SF)
Topographylevel
Parkingdetached_garage_and_driveway
Parking Spaces3
FrontageFrontage on E River St

Utilities

Waterpublic
Sewerpublic
Electricavailable
Gaspropane

Zoning & Land Use

Zoning CodeR
DescriptionResidential
JurisdictionTown of Colerain

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$81,270
Annual Tax (2024)$1,185

Sale History

2025-11-13$149,995

$68.5/SF

Listed for sale

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