507 N 5th St

2,536 Sq. Ft.
$142 / Sq. Ft.
2,536
Sq. Ft.
$142
per Sq. Ft.

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...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.
  1. Listed by Caitlin Burgess • Magnolia Dream Real Estate • CaitlinBurgessNCREALTOR@gmail.com

Property Details for 507 North 5th Street

Parking Features
Driveway, Detached Garage
Subdivision Name
Highland Terrace
LISTING UPDATED: 02/21/2026 06:52 AM

Property Details for 507 North 5th Street

StatusActive
MLS #4314335
Days on Market123
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size0.25 AC / 10,890 SF
CountyStanly County

Location

Listing Courtesy of Magnolia Dream Real Estate
Add your commute

Building Information for 507 North 5th Street

Stories-Year Built1920Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$1,992 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,750

Property Taxes

$242

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 507 North 5th Street

Summary
Location and General Information
  • Longitude: -80.19343
  • Latitude: 35.356791
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $207,896.00
  • Parcel Number: 6548-01-46-1962
  • City Taxes Paid To: Albemarle
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Above Grade Finished Area: 2242.0
  • Below Grade Finished Area: 294.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1588
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 654
  • Sq Ft Second Living Quarters HLA: 0.0
  • Sq Ft Total Property HLA: 2536.0
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 37
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fire Pit
  • Fencing: Back Yard
  • Construction Materials: Brick Full
  • Patio And Porch Features: Front Porch
  • Road Surface Type: Concrete, Paved
  • Roof: Composition
Interior Features
  • Appliances: Electric Oven
  • Levels: Two
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Main Level
  • Fireplace YN: Yes
  • Flooring: Tile, Wood
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Interior Entry
  • Bedroom Main: 1
  • Bedroom Upper: 2
  • Full Bath Main: 0
  • Full Bath Upper: 1
  • Half Bath Main: 1
  • Half Bath Upper: 0
Room Information
Room Information
  • Room Count: 2.0
Room 1
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 2
  • Room Types: Primary Bedroom
  • Room Level: Upper

Property History for 507 North 5th Street

DateEvent & SourcePriceAppreciation
Feb 20, 2026

Price Change

CANOPY #4314335

$359,000
Dec 27, 2025

Price Change

CANOPY #4314335

$364,000
Oct 21, 2025

Listed (Active)

CANOPY #4314335

$365,000
Jul 1, 2024

Closed (Public Record)

Public Record #1542755699

$351,000

+12.7% / yr

Jul 1, 2024

Closed

CANOPY #4144753

$351,000
May 31, 2024

Listed (Active)

CANOPY #4144753

$365,000
Jun 17, 2022

Closed (Public Record)

Public Record #1498564874

$275,000

+23.4% / yr

Jun 16, 2022

Closed

CANOPY #3860491

$275,000
May 16, 2022

Under Contract-No Show

CANOPY #3860491

May 16, 2022

Under Contract-Show

CANOPY #3860491

May 12, 2022

Listed (Active)

CANOPY #3860491

$259,000
Jan 13, 2020

Closed (Public Record)

Public Record #661384990

$165,000

+7.5% / yr

Jan 13, 2020

Closed

CANOPY #3515105

$165,000
Dec 10, 2019

Under Contract-No Show

CANOPY #3515105

Jun 5, 2019

Listed (Active)

CANOPY #3515105

$189,000
Oct 23, 2007

Closed

CANOPY #708018

$68,000
Oct 22, 2007

Closed (Public Record)

Public Record #253886690

$68,000
Oct 5, 2007

Under Contract-No Show

CANOPY #708018

Aug 28, 2007

Listed (Active)

CANOPY #708018

$79,900
DateEvent & SourcePrice
02/20/2026

Price Change

CANOPY #4314335

$359,000
12/27/2025

Price Change

CANOPY #4314335

$364,000
10/21/2025

Listed (Active)

CANOPY #4314335

$365,000
07/01/2024

Closed (Public Record)

Public Record #1542755699

$351,000

+12.7% / yr

07/01/2024

Closed

CANOPY #4144753

$351,000
05/31/2024

Listed (Active)

CANOPY #4144753

$365,000
06/17/2022

Closed (Public Record)

Public Record #1498564874

$275,000

+23.4% / yr

06/16/2022

Closed

CANOPY #3860491

$275,000
05/16/2022

Under Contract-No Show

CANOPY #3860491

05/16/2022

Under Contract-Show

CANOPY #3860491

05/12/2022

Listed (Active)

CANOPY #3860491

$259,000
01/13/2020

Closed (Public Record)

Public Record #661384990

$165,000

+7.5% / yr

01/13/2020

Closed

CANOPY #3515105

$165,000
12/10/2019

Under Contract-No Show

CANOPY #3515105

06/05/2019

Listed (Active)

CANOPY #3515105

$189,000
10/23/2007

Closed

CANOPY #708018

$68,000
10/22/2007

Closed (Public Record)

Public Record #253886690

$68,000
10/05/2007

Under Contract-No Show

CANOPY #708018

08/28/2007

Listed (Active)

CANOPY #708018

$79,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 North 5th Street

Taxable ValueLand$17,325Additions$242,418Total$259,743
Tax Record2025$2,909 ($242 / month)
Home Facts
Beds3Total Finished SqFt2,203 SqFtAbove Grade Finished SqFt2,203 SqFtStories2Lot Size13,068 SqFtStyleSingle Family ResidenceYear Built1920ZoningR-10CountySTANLYAPN654801461962Fireplace TypeHas Fireplace

Schools near 507 North 5th Street

This home is within Stanly County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Central Elementary School
PublicK to 5

Albemarle Middle School
Public6 to 8

Albemarle High School
Public9 to 12

Stanly Academy Learning Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

507 North 5th Street is a single family home for sale in Albemarle, NC 28001. This property was listed for sale on October 21, 2025 by Magnolia Dream Real Estate, it's currently listed at $359,000. It has been on the market for a total of 123 days and was last sold on July 1, 2024. This listing's school district is Stanly County School District. Nearby schools include Central Elementary School, Albemarle Middle School and Albemarle High School. 507 North 5th Street is a 3-bed, 2-bath, 2,536 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Magnolia Dream Real Estate

Based on information submitted to the MLS GRID as of 02/21/2026 06:52 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.