507 Reeves Ave, Albemarle, NC, 28001

$249,900

Home List Price

$2,968*

Closing Credit

3 Bedrooms
2 Full Baths
1,359 SqFt
$184/SqFt
House

Location

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507 Reeves Ave, Albemarle$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached Garage, Garage Faces Side, Parking Space(s)
Year Built1945
HeatingElectric, Heat Pump
CoolingCeiling Fan(s), Central Air, Electric
BasementYes
FireplaceLiving Room
MLS #4165697
StatusAccepting Backup Offers
(Active Under Contract)

About 507 Reeves Ave

This 1940's three bedroom, two full bath offers vintage charm alongside a desirable location. Conveniently situated just off Highway 24/27, this home provides easy access to Stanly Community College, Badin Lake, Hiking trails, Shopping centers and many restaurant choices. Built-in storage maximizes the space throughout. A covered deck and walkway leads to a 425 square foot detached two car garage with Lean-to/Carport and electrical to ensure protection from the elements, creating an inviting outdoor living space. This large yard offers possibilities from a food producing garden awaiting a green-thumbed gardener, to a play area already equipped with a finished yard deck this property presents endless possibilities for new owner. This home features an unfinished basement equipped with a sump pump and dehumidifier to help control moisture, offering additional storage space for yard equipment or cellar storage. Discover the potential of this timeless residence and give us a call today.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1945
  • Living Area: 1,359 SqFt

Listing Office:

  • Office Name: Wilson Realty
  • Office Email: jeremiah@wilsonrealtync.com

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Basement: Yes
  • Flooring Type: Carpet, Linoleum, Vinyl, Wood
  • Interior: Built-in Features, Split Bedroom
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached Garage, Garage Faces Side, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Electric

School Info

Assigned Schools Information:

  • Stanly Early College High School, Public District Grades 9-12
  • South Stanly High School, Public District Grades 9-12
  • South Stanly Middle School, Public District Grades 6-8
  • Aquadale Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Passing Tim Marburger Honda 410 Aquadale Rd, Albemarle, NC 28001 Head South Toward Reeves Ave, Approximately 131 ft Turn Right onto Reeves Ave, Destination Will be on the Left 507 Reeves Ave, Albemarle, NC 28001 Brick Corner Lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $1,630
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Albemarle, NC.

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Albemarle, NC

City

Med. Sold Price

$276.1K

Med. Price/SqFt

$177

Avg. Days On Market

75

# of Sold Homes

35

507 Reeves Ave vs Albemarle

95 DAYS ON ROCKET

+20 Days

$249,900

-$26.2K Less

$184/SqFt

+$6 More

KEY TAKEAWAY

This property is $26.2K less than the Median Sold Price and $6/SqFt more than other homes in Albemarle, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4165697

Listing Office:

  • Office Name: Wilson Realty
  • Office Email: jeremiah@wilsonrealtync.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 10:21:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 27, 2019Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,630$133,600
2020$1,414$109,036
2019$1,145$87,434
2017$1,102$87,434

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-102388
4
/10

  • Aquadale Elementary School

  • 11707 Nc Hwy 138

  • 7.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-102389
3
/10

  • South Stanly Middle School

  • 12492 Cottonville Rd

  • 6.95 miles

  • Public District Grades 6-8

High School

school-card-donut-102390
9
/10

  • Stanly Early College High School

  • 141 College Dr

  • 1.66 miles

  • Public District Grades 9-12

school-card-donut-102391
4
/10

  • South Stanly High School

  • 40488 S Stanly School Rd

  • 7.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,427. Typical income of Albemarle, NC residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Reeves Ave

What is the listing price of this property?

The listing price of 507 Reeves Ave property is $249,900.

What type of property is this?

The property 507 Reeves Ave is a house located in Albemarle, North Carolina, 28001.

Is this property for sale now?

Accepting Backup Offers: 507 Reeves Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 507 Reeves Ave are:
Aquadale Elementary School: GreatSchools Rating 4/10
South Stanly Middle School: GreatSchools Rating 3/10
Stanly Early College High School: GreatSchools Rating 9/10
South Stanly High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,630 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 27, 2019 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Reeves Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 Reeves Ave is 1,359 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Reeves Ave is 1945.

Rocket Homes›North Carolina›Stanly County›Albemarle›28001›507 Reeves Ave

This home is located at 507 Reeves Ave in Albemarle, NC and zip code 28001. This 1,359 square foot home was built in 1945. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $249,900.

Over 6 listings were sold over their listed price in October 2024 in Albemarle, NC. In the same period over 18 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Albemarle, NC between September 2024 and October 2024 increased by 10.3%. In October 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $276,160.

From Rocket Homes Real Estate and based on county public records data.

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