Downtown dream home within walking distance to shopping, dining, medical facilities, and all the fun downtown Albemarle has to offer! This charming Cape Cod-style home blends timeless character with thoughtful updates. Major renovations were completed in 2018, including stainless steel appliances, washer/dryer combo, HVAC system with ductwork, updated plumbing and electrical, new windows, flooring, light fixtures, kitchen countertops, and tile backsplash. The main bathroom was fully remodeled, and a convenient half bath was added for guests. A new roof was installed in 2021. Classic curb appeal shines through with dormer windows, wood shutters, and a welcoming front stoop. Move-in ready and full of charm, this one’s a must-see!
Closed
$225,000
318 N 5th St, Albemarle, NC 28001
2beds
1,416sqft
Single Family Residence
Built in 1935
0.16 Acres Lot
$223,500 Zestimate®
$159/sqft
$1,440 Estimated rent
Home value
$223,500
$183,000 - $273,000
$1,440/mo
Zestimate® history
Owner options
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$1,440/mo
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$1,408/mo
Est. payment
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$1,408/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Kimberly Lambert PropertieswithKim@gmail.com,
HOMETOWN REALTY PROS LLC
Bought with:
Caitlin Burgess
Magnolia Dream Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4289630
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Refrigerator, Washer/Dryer
- Laundry: Laundry Closet
Features
- Flooring: Carpet, Vinyl
- Basement: Partial,Unfinished,Walk-Out Access
- Fireplace features: Family Room
Interior area
- Total structure area: 1,416
- Total interior livable area: 1,416 sqft
- Finished area above ground: 1,416
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway, Other - See Remarks
- Has uncovered spaces: Yes
- Details: Per Deed - Driveway is partial Public Alley. Sellers have used as their own driveway with no issues.
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Side Porch
- Fencing: Partial,Privacy
Lot
- Size: 0.16 Acres
- Dimensions: 50 x 145
Details
- Parcel number: 654801463354
- Zoning: R-8A
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Vinyl
- Roof: Shingle
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Albemarle
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Concrete, Dirt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Sold | $225,000$159/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4289630 Report a problem | ||
| 8/7/2025 | Listed for sale | $225,000+95.7%$159/sqft |
Source: Canopy MLS as distributed by MLS GRID #4289630 Report a problem | ||
| 12/31/2018 | Sold | $115,000-11.5%$81/sqft |
Source: Canopy MLS as distributed by MLS GRID #3446132 Report a problem | ||
| 12/8/2018 | Pending sale | $129,900$92/sqft |
Source: Blue Collar Realty #3446132 Report a problem | ||
| 11/7/2018 | Price change | $129,900-7.1%$92/sqft |
Source: Blue Collar Realty #3446132 Report a problem | ||
| 10/23/2018 | Listed for sale | $139,900+191.5%$99/sqft |
Source: Blue Collar Realty #3446132 Report a problem | ||
| 4/17/2018 | Sold | $48,000-18.6%$34/sqft |
Source: Canopy MLS as distributed by MLS GRID #3357396 Report a problem | ||
| 4/4/2018 | Pending sale | $59,000$42/sqft |
Source: Blue Sand Realty & Design LLC #3357396 Report a problem | ||
| 3/23/2018 | Price change | $59,000-4.8%$42/sqft |
Source: Blue Sand Realty & Design LLC #3357396 Report a problem | ||
| 3/9/2018 | Price change | $62,000-8.7%$44/sqft |
Source: Blue Sand Realty & Design LLC #3357396 Report a problem | ||
| 2/23/2018 | Listed for sale | $67,900$48/sqft |
Source: Local MLS #3357396 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,655 +21.8% | $147,777 +32.7% |
| 2024 | $1,359 | $111,354 |
| 2023 | $1,359 | $111,354 |
| 2022 | $1,359 | $111,354 |
| 2021 | $1,359 +13.1% | $111,354 +21.5% |
| 2020 | $1,201 | $91,672 |
| 2019 | $1,201 +47.2% | $91,672 +47.2% |
| 2018 | $816 +4% | $62,287 |
| 2017 | $785 +0.7% | $62,287 +1.7% |
| 2016 | $780 | $61,246 |
| 2015 | $780 | $61,246 |
| 2014 | $780 | $61,246 |
| 2013 | -- | $61,246 -6% |
| 2012 | -- | $65,145 |
| 2011 | -- | $65,145 |
| 2010 | -- | $65,145 |
| 2009 | -- | $65,145 |
| 2008 | -- | $65,145 |
| 2007 | -- | $65,145 |
| 2006 | -- | $65,145 |
| 2005 | -- | $65,145 |
| 2004 | -- | $65,145 +0.8% |
| 2003 | -- | $64,619 |
| 2002 | -- | $64,619 |
Find assessor info on the county website
Neighborhood: 28001
Nearby schools
GreatSchools rating
- 6/10Central Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Albemarle Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Albemarle High SchoolGrades: 9-12Distance: 1.2 mi
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- North Carolina
- Stanly County
- Albemarle
- 28001
- 318 N 5th St
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