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$359,000
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Property Description
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.
Full Property Details
Full Property Details for 507 N 5th St
General
- Price: $359,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4314335
- Updated: 2/21/2026
- Added to Site: 133 day(s) ago
Interior
- Fireplace: Yes
- Appliances: Electric Oven
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Upper - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 2
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Main Level
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Detached Garage
Location
- County: Stanly
- Subdivision: Highland Terrace
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full
- Basement: Yes
- Basement Desc.: Interior Entry
- Roof: Composition
- Upper: 654 Sq. Ft.
- Main/1st Level: 1,588 Sq. Ft.
- Year Built: 1920
Lot Features
- Street/Road Desc.: Concrete, Paved
- Fencing (Description): Back Yard
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 6548-01-46-1962
- Lot Number: 1856-1483
Listed by Magnolia Dream Real Estate
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Schools
Schools serving 507 N 5th St
School District:Stanly County Schools
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Albemarle, NC 206 North 3rd Street, Albemarle, NC 28001 | K-5 | 0.4 mi |
Albemarle Middle School 1811 Badin Road, Albemarle, NC 28001 | 6-8 | 1.4 mi |
Albemarle High School 311 Park Ridge Road, Albemarle, NC 28001 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 N 5th St
Date
Details
Price
Change
Source
2/20/2026
Price Reduced
$359,000
-1.37%
MLS
12/27/2025
Price Reduced
$364,000
-0.27%
MLS
10/21/2025
Listed
$365,000
3.99%
MLS
7/01/2024
Sold
$351,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,909
15%
$259,743
25%
2024
$2,536
—
$207,896
—
2023
$2,536
27%
$207,896
27%
2022
$1,992
—
$163,281
—
2021
$1,992
-7%
$163,281
—
2020
$2,134
60%
$162,863
60%
2019
$1,333
1%
$101,744
—
2018
$1,320
3%
$101,744
—
2017
$1,282
2%
$101,744
2%
2016
$1,256
102%
$99,706
—
2015
$622
-50%
$99,706
—
2014
$1,256
2%
$99,706
—
2013
$1,226
—
$99,706
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 N 5th St
507 N 5th Street, Albemarle, NC 28001 (MLS# 4314335) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 507 N 5th Street is currently listed for $359,000 and was received on October 21, 2025. Want to learn more about 507 N 5th Street? Do you have questions about finding other Single Family real estate for sale in Albemarle? You can browse all Albemarle real estate or contact a Coldwell Banker agent to request more information.

