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  • Price cut: $14K (7/10)
    $325,000

    507 N 5th St, Albemarle, NC 28001

    3beds
    2,536sqft
    : 
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    Single Family Residence
    Built in 1920
    0.25 Acres Lot
    $319,100 Zestimate®
    $128/sqft
    $-- HOA

    What's special

    Classic brick exteriorCharming brick homeSpacious layout
    Welcome to this charming brick home in downtown Albemarle, NC, located at 507 N 5th St! This 3 bedroom, 1.5 bath home offers a perfect blend of character, space, and convenience in a highly desirable location close to shops, dining, and local amenities. Inside, you’ll find a spacious layout featuring a second living room/den, ideal for entertaining, a home office, or flex space. The home also includes a butler’s pantry, providing extra storage and prep space—perfect for hosting and everyday living. The primary bedroom features a private sitting area, creating a relaxing retreat within your own home. Two additional bedrooms offer flexibility for family, guests, or workspace needs. Step outside to enjoy the detached garage, offering additional storage, workshop potential, or parking. With its classic brick exterior, functional layout, and prime downtown Albemarle location, this home is a must-see for buyers looking for charm and convenience.
    88 days
    |
    397
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Caitlin Burgess CaitlinBurgessNCREALTOR@gmail.com,

    Magnolia Dream Real Estate

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4370857MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 100 Square Feet
      • Dimensions: 10' 0" X 10' 0"
      Living room
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12' 0" X 12' 0"
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven
      • Laundry: Mud Room
      Features
      • Basement: Partial
      • Fireplace features: Den, Family Room
      Interior area
      • Total structure area: 2,536
      • Total interior livable area: 2,536 sqft
      • Finished area above ground: 2,536
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Detached Garage, Garage on Main Level
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 0.25 Acres
      Details
      • Parcel number: 654801461962
      • Zoning: R-10
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Full
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Community
      • Subdivision: Highland Terrace
      Location
      • Region: Albemarle

      Financial & listing details

      • Price per square foot: $128/sqft
      • Tax assessed value: $259,743
      • Annual tax amount: $2,909
      • Date on market: 4/17/2026
      • Cumulative days on market: 263 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Concrete, Paved

        Estimated market value

        $319,100

        $303,000 - $335,000

        $1,566/mo

        Price history

        DateEventPrice
        7/10/2026Price change$325,000-4.1%$128/sqft
        Source: Canopy MLS as distributed by MLS GRID #4370857 Report a problem
        5/27/2026Price change$339,000-2.9%$134/sqft
        Source: Canopy MLS as distributed by MLS GRID #4370857 Report a problem
        5/12/2026Price change$349,000-0.7%$138/sqft
        Source: Canopy MLS as distributed by MLS GRID #4370857 Report a problem
        4/17/2026Listed for sale$351,500+0.1%$139/sqft
        Source: Canopy MLS as distributed by MLS GRID #4370857 Report a problem
        4/15/2026Listing removed$351,000$138/sqft
        Source: Canopy MLS as distributed by MLS GRID #4314335 Report a problem
        3/31/2026Price change$351,000-2.2%$138/sqft
        Source: Canopy MLS as distributed by MLS GRID #4314335 Report a problem
        2/21/2026Price change$359,000-1.4%$142/sqft
        Source: Canopy MLS as distributed by MLS GRID #4314335 Report a problem
        12/28/2025Listed for sale$364,000+3.7%$144/sqft
        Source: Canopy MLS as distributed by MLS GRID #4314335 Report a problem
        7/1/2024Sold$351,000-3.8%$138/sqft
        Source: Canopy MLS as distributed by MLS GRID #4144753 Report a problem
        5/31/2024Listed for sale$365,000+40.9%$144/sqft
        Source: Canopy MLS as distributed by MLS GRID #4144753 Report a problem
        3/7/2023Listing removed--
        Source: RE/MAX International Report a problem
        6/21/2022Pending sale$259,000-5.8%$102/sqft
        Source: RE/MAX International #3860491 Report a problem
        6/16/2022Sold$275,000+6.2%$108/sqft
        Source: Canopy MLS as distributed by MLS GRID #3860491 Report a problem
        5/17/2022Pending sale$259,000$102/sqft
        Source: RE/MAX International #3860491 Report a problem
        5/16/2022Contingent$259,000$102/sqft
        Source: Canopy MLS as distributed by MLS GRID #3860491 Report a problem
        5/12/2022Listed for sale$259,000+57%$102/sqft
        Source: Canopy MLS as distributed by MLS GRID #3860491 Report a problem
        1/13/2020Sold$165,000-10.3%$65/sqft
        Source: Canopy MLS as distributed by MLS GRID #3515105 Report a problem
        12/11/2019Pending sale$184,000$73/sqft
        Source: CENTURY 21 Russ Hollins Realtors #3515105 Report a problem
        10/3/2019Price change$184,000-2.6%$73/sqft
        Source: CENTURY 21 Russ Hollins Realtors #3515105 Report a problem
        6/5/2019Listed for sale$189,000+177.9%$75/sqft
        Source: Century 21 Russ Hollins,Realtors #3515105 Report a problem
        10/23/2007Sold$68,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,909 +14.7%$259,743 +24.9%
        2024$2,536 $207,896
        2023$2,536 +21.6%$207,896 +27.3%
        2022$2,086 +0.3%$163,281
        2021$2,080 -2.5%$163,281 +0.3%
        2020$2,134 +1097.5%$162,863 +60.1%
        2019$178 $101,744
        2018$178 +1.8%$101,744
        2017$175 -72.4%$101,744 +2%
        2016$635 $99,706
        2015$635 $99,706
        2014$635 $99,706
        2013-- $99,706 -8.1%
        2012-- $108,495
        2011-- $108,495
        2010-- $108,495
        2009-- $108,495 +98.4%
        2008-- $54,674 -51.5%
        2007-- $112,656
        2006-- $112,656
        2005-- $112,656
        2004-- $112,656 -0.8%
        2003-- $113,511
        2002-- $113,511
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28001

        Getting around

        49 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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