$260,000
UNDER CONTRACT $40K PRICE DROP

263 N 5th St Albemarle, NC 28001

Estimated payment $1,635/month

Total Views 21,722
6 Beds
2 Baths
1,460 Sq Ft
$178 Price per Sq Ft

Highlights

  • No HOA
  • Bosch Dishwasher
  • Four Sided Brick Exterior Elevation
  • Laundry Room
  • Detached Carport Space
  • Central Heating and Cooling System

About This Home

This home was appraised for $310k in 2023 before any work had been completed - Seller has invested over $85k in updates. Please note: Home available "as is" and Seller will not agree to any additional repairs! The upstairs is partially renovated and has an additional 1,269 sf and features 3 bedrooms, living room, bonus room, full bath, 8’ ceilings, and separate electrical panel—ready to re-finish into additional living space! This charming updated home offers 1,460 sf main floor with 3 spacious bedrooms and 1 full bath, featuring high ceilings, refinished hardwoods, new paint, and natural light. The kitchen includes new plumbing, flooring, Bosch refrigerator & dishwasher, new range hood and a separate laundry room with new LG washer and dryer. The attic has space for a second HVAC system. Additional upgrades includes new 30-year roof, new HVAC, updated main panel, new ceiling fans, and new plumbing in kitchen/laundry. Enjoy mature landscaping, a fenced backyard, large front porch, and 2-car carport. The 20x12 powered outbuilding includes a porch, double doors, exhaust fan, built-in shelving, outlets, and a workbench—perfect for storage or projects. Move-in ready with tons of potential!

Listing Agent

Josh Bragg

Fulcrum Realty LLC Brokerage Email: josh@fulcrum-realty.com License #284664 Listed on: 09/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 1935

Lot Details

  • Property is zoned R-8A

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Bosch Dishwasher
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Sump Pump
  • Basement Storage

Parking

  • Detached Carport Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Highland Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 654801461013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,187

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1935
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 178.08
  • Geocode Confidence: High
  • Attribution Contact: josh@fulcrum-realty.com
  • Special Features: UnderContract

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1460
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 1269
  • Sq Ft Unheated Upper: 1269
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Gas Water Heater, Refrigerator with Ice Maker
  • Above Grade Finished Sq Ft: 1460
  • Has Basement: Storage Space, Sump Pump, Unfinished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room
  • Living Area: 1460
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Inside, Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 654801461013
  • Additional Parcels: No
  • Zoning Specification: R-8A

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,187 $284,553 $15,066 $269,487
2024 $2,065 $169,237 $10,244 $158,993
2023 $2,065 $169,237 $10,244 $158,993
2022 $2,065 $169,237 $10,244 $158,993
2021 $2,065 $169,237 $10,244 $158,993
2020 $1,498 $115,520 $9,441 $106,079
2019 $1,513 $115,520 $9,441 $106,079
2018 $1,513 $115,520 $9,441 $106,079
2017 $1,456 $115,520 $9,441 $106,079
2016 $1,434 $113,777 $9,843 $103,934
2015 $1,448 $113,777 $9,843 $103,934
2014 $1,435 $109,467 $9,843 $99,624
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $260,000 -1.9% $178 / Sq Ft
11/02/2025 11/02/25 Price Changed $265,000 -1.9% $182 / Sq Ft
10/11/2025 10/11/25 Price Changed $270,000 -3.6% $185 / Sq Ft
10/09/2025 10/09/25 Price Changed $280,000 -1.8% $192 / Sq Ft
10/05/2025 10/05/25 Price Changed $285,000 -2.6% $195 / Sq Ft
09/29/2025 09/29/25 Price Changed $292,500 -0.8% $200 / Sq Ft
09/25/2025 09/25/25 Price Changed $295,000 -1.7% $202 / Sq Ft
09/08/2025 09/08/25 For Sale $300,000 -- $205 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $310,000 Construction
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4300614

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-46-1013