For Sale $364,000
Charming Brick Home in the Heart of Downtown Albemarle! Step into timeless character and classic charm with this beautiful 3-bedroom, 1.5-bath brick home ideally located in the heart of Albemarle’s downtown social district. Walking distance to breweries, restaurants, coffee shops, and boutique shopping, this home offers both convenience and charm. Featuring original stained-glass windows, gleaming hardwood floors, and tile bathrooms, this home perfectly blends vintage detail with modern comfort. The main level includes a cozy living room, a versatile den or home office, and a spacious bedroom, perfect for guests or single-level living. Upstairs, you’ll find two additional bedrooms, including a primary suite with a private sitting room, ideal for relaxation or extra closet space. Enjoy evenings on the front porch or stroll to your favorite local hangouts. This location truly offers small-town charm with a lively downtown atmosphere. Don’t miss your chance to own this character-filled Albemarle gem!
Fire Pit
| List Price: | $364,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1588 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4314335 |
| Subdivision: | Highland Terrace |
| Bathrooms: | 2 |
| Year Built: | 1920 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 12-28-2025 | Price Decrease | $364,000-0.27% | $230 |
| 11-10-2025 | Listed | $365,000 | $230 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Central Elementary School | 0 miles | KG-05 | 2 |
| East Albemarle Elementary School | 1 miles | KG-05 | 4 |
| Badin Elementary School | 5 miles | KG-05 | 6 |
| Endy Elementary School | 6 miles | KG-05 | 8 |
| Richfield Elementary School | 8 miles | KG-05 | 5 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 507 5th Street, Albemarle NC | 0 mi | $364,000 | days | |
| 324 5th Street, Albemarle NC | 0.1 mi | $424,900 | days | |
| 318 5th Street, Albemarle NC | 0.1 mi | $225,000 | days | |
| 436 Oakwood Avenue, Albemarle NC | 0.1 mi | $196,800 | days | |
| 444 Cannon Avenue, Albemarle NC | 0.1 mi | $374,900 | days | |
| 445 Cannon Avenue, Albemarle NC | 0.1 mi | $369,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Magnolia Dream Real Estate
507 5th Street, Albemarle NC is a 1588 ft2 on a 0.250 acres Appraisal lot. This is for $364,000. This has 3 bedrooms, 2 baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2025-11-10 10:11:24 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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