$85,000

576 Washington Ln Albemarle, NC 28001

$1,009
Closing credit¹
2 beds
1 full
660 sqft
$129 / sqft
House

Property details

About 576 Washington Ln

Investor-friendly opportunity! This 2 bed, 1 bath property is currently bringing in $1,010 per month in rental income, with the lease set to renew in December. A great addition to any portfolio!

Highlights

Home typeSingle Family Residence
StatusActive
Size660 sqft
Year built1940
ParkingDriveway
MLS #4239757

Summary

  • MLS Number: 4239757
  • Office Name: Keller Williams Ballantyne Area
  • Office Email: cavencassady@gmail.com

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Get an agent. Get a mortgage. Save big.¹

bungalow-style home with fence, a front yard, and concrete block siding

$85,000

576 Washington Ln

$1,009

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 30, 2024
Home Sold
$67,000
Jul 30, 2024
Home Sold
$62,000
Sep 02, 2022
Home Sold
$49,000
Mar 01, 2021
Home Sold
$15,000
Sep 22, 2006
Home Sold
$17,500
Aug 15, 2006
Home Sold
$12,000

Tax history

YearAssessmentProperty Tax
2024$15,636$190
2023$15,636$190
2022$15,636$190
2021$15,636$190
2020$13,986$181
2019$13,986$183
2017$13,986$176

History based on county public records data.

Nearby schools

2

East Albemarle Elementary School

Public District KG-5

1.0 mi

1813 E Main St

2

Central Elementary School

Public District KG-5

1.0 mi

206 N 3rd St

7

Badin Elementary School

Public District KG-5

5.6 mi

47 Henderson St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,716. Typical income of Albemarle, NC residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

75%
<35k
25%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
21%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • KmartKmart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • FordFord

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 576 Washington Ln

This home is located at 576 Washington Ln in Albemarle, NC and zip code 28001. This 660 square foot home was built in 1940. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $85,000.

In March 2025 more than 13 listings in Albemarle, NC were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 22 were sold below. Between February and March 2025, Albemarle, NC real estate market has seen increase in the number of listings by 11.9%. In March 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $285,000.

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

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