$359,000
$6K PRICE DROP

507 N 5th St Albemarle, NC 28001

Estimated payment $2,090/month

Total Views 11,297
3 Beds
1.5 Baths
2,536 Sq Ft
$142 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Front Porch
  • No HOA
  • Fireplace
  • Laundry Room

About This Home

If you’ve been looking for a home with real character — and a location where you can actually walk to everything — this downtown Albemarle gem is worth a look. Right in the heart of Albemarle’s social district, this classic 3-bedroom brick home blends vintage charm with everyday comfort. From the moment you step inside, you notice the details that make older homes special — original stained-glass windows, hardwood floors that have stood the test of time, and tile bathrooms that keep the home’s character intact. The layout gives you flexibility for how you live today. The main level offers a comfortable living space, a den that works well as a home office or second sitting area, and a bedroom that makes single-level living or hosting guests easy. Upstairs, you’ll find two more bedrooms, including a spacious primary with its own sitting room — perfect for a reading nook, dressing area, or quiet retreat at the end of the day. Outside, the front porch feels like it was made for slow mornings with coffee or evenings watching the neighborhood come alive. And the location really sets this one apart — you’re within walking distance to downtown Albemarle restaurants, breweries, coffee shops, and local boutiques, making it easy to enjoy the energy of town while still having a place that feels like home. If you’ve been searching for a downtown Albemarle home with character, walkability, and timeless charm, this is the kind of place that doesn’t come along often.

Listing Agent

Caitlin Burgess

Magnolia Dream Real Estate Brokerage Email: CaitlinBurgessNCREALTOR@gmail.com License #332463 Listed on: 10/21/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Property is zoned R-10

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Basement
  • Interior Basement Entry
  • Electric Oven
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Outdoor Features

  • Fire Pit
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Highland Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6548-01-46-1962

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 141.56
  • Geocode Confidence: High
  • Attribution Contact: CaitlinBurgessNCREALTOR@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1588
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 654
  • Appliances: Electric Oven
  • Above Grade Finished Sq Ft: 2242
  • Has Basement: Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 294
  • Living Area: 2536
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • 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: 6548-01-46-1962
  • Lot Size Acres: 0.25
  • Additional Parcels: No
  • Zoning Specification: R-10

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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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 $2,909 $259,743 $17,325 $242,418
2024 $2,536 $207,896 $11,781 $196,115
2023 $2,536 $207,896 $11,781 $196,115
2022 $2,086 $163,281 $11,781 $151,500
2021 $2,080 $163,281 $11,781 $151,500
2020 $2,112 $162,863 $10,857 $152,006
2019 $1,333 $101,744 $10,857 $90,887
2018 $175 $101,744 $10,857 $90,887
2017 $1,282 $101,744 $10,857 $90,887
2016 $1,256 $99,706 $11,319 $88,387
2015 $635 $99,706 $11,319 $88,387
2014 $667 $99,706 $11,319 $88,387
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2026 02/21/26 Price Changed $359,000 -1.4% $142 / Sq Ft
12/28/2025 12/28/25 Price Changed $364,000 -0.3% $144 / Sq Ft
10/21/2025 10/21/25 For Sale $365,000 +4.0% $144 / Sq Ft
07/01/2024 07/01/24 Sold $351,000 -3.8% $138 / Sq Ft View Prior Sale
05/31/2024 05/31/24 For Sale $365,000 +32.7% $144 / Sq Ft
06/16/2022 06/16/22 Sold $275,000 +6.2% $123 / Sq Ft View Prior Sale
05/12/2022 05/12/22 For Sale $259,000 +57.0% $115 / Sq Ft
01/13/2020 01/13/20 Sold $165,000 -10.3% $76 / Sq Ft View Prior Sale
12/10/2019 12/10/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $184,000 -2.6% $85 / Sq Ft
06/05/2019 06/05/19 For Sale $189,000 -- $87 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $351,000 None Listed On Document
Warranty Deed $351,000 None Listed On Document
Warranty Deed $275,000 --
Warranty Deed $165,000 None Available
Special Warranty Deed $68,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,470 New Conventional
Closed $340,470 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $155,000 New Conventional
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4314335

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-46-1962

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