$2,529 Closing Credit¹
Listing Office: Carod Properties
$220,000 List price
616 E Oakwood Ave Albemarle, NC 28001
$2,613
Closing credit¹
3 beds
2 full
1,944 sqft
$113 / sqft
House
Property details
About 616 E Oakwood Ave
Prime Location Meets Untapped Potential. Located just steps from Forest Hills & within minutes of downtown Albemarle, this classic 1955 brick ranch offers the rare combination of solid structure, vintage charm, and space to expand — all on a picturesque 0.34-acre lot. This 3BR/2BA brick ranch with sunroom sits on a 0.34-acre lot and features 1944 heated square feet above grade, plus 1532 square feet in the heated walk-out basement. Hardwoods, two fireplaces, and a true primary suite provide great bones for your next project. The kitchen includes a gas stove, an island, and tile floors, with a formal dining room nearby. The fully fenced backyard offers privacy and shade from mature trees. Unfinished basement provides exceptional storage, workshop space, & room to expand. With its unbeatable location & solid structure, this diamond in the rough is primed for transformation. A Rare Opportunity for Visionary Investors. NO SHOWINGS UNTIL UNDER CONTRACT. SOLD AS IS. ASK TO SEE YOUTUBE VIDEO.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,944 sqft
BasementYes
Year built1955
ParkingAttached Carport, Driveway, Attached Garage, Garage Faces Side
MLS #4259660
Attached garageYes
FireplaceBonus Room, Living Room, Wood Burning
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Gas Range
- Basement: Yes
- Flooring Type: Carpet, Tile, Vinyl, Wood
- Interior: Attic Stairs Pulldown
- Fireplace: Bonus Room, Living Room, Wood Burning
- Total Bedroom Count: 3
- Attached Garage: Yes
- Parking: Attached Carport, Driveway, Attached Garage, Garage Faces Side
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $220,000
- Price/SqFt: $113
- Annual Tax Amount: $1,654
- Tax Year: 2024
- Directions: From Hwy 52 on E Main Street, pass Glory Beans Coffee House to Left on N 5th Street to Right on E Oakwood Ave, home will be on the Right
- Year Built: 1955
- Living Area: 1,944 SqFt
- MLS Number: 4259660
- Office Name: Hines & Associates Realty LLC
- Office Email: me@RealtorTimBrown.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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$220,000
616 E Oakwood Ave
$2,613
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 12, 2020 | Home Sold | $188,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $135,592 | $1,654 |
| 2023 | $135,592 | $1,654 |
| 2022 | $135,592 | $1,654 |
| 2021 | $139,559 | $1,702 |
| 2020 | $106,704 | $1,389 |
| 2019 | $106,704 | $1,403 |
| 2017 | $106,704 | $1,344 |
History based on county public records data.
Nearby schools
2
Central Elementary School
Public District KG-5
0.3 mi
•206 N 3rd St
2
East Albemarle Elementary School
Public District KG-5
1.3 mi
•1813 E Main St
7
Badin Elementary School
Public District KG-5
5.3 mi
•47 Henderson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,625. The majority of Albemarle, NC residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
43%
<35k
47%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
11%
Single, with Kids
27%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
Motocross
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
GameStop
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Sonic
What do the neighbors drive?
Chevrolet
Buick
Jeep
What do the neighbors listen to?
Country
Oldies- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 616 E Oakwood Ave
The listing price of 616 E Oakwood Ave property is $220,000.
The property 616 E Oakwood Ave is a house located in Albemarle, North Carolina, 28001.
Active Listing: 616 E Oakwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 616 E Oakwood Ave are: Central Elementary School (GreatSchools Rating 2/10), East Albemarle Elementary School (GreatSchools Rating 2/10), Badin Elementary School (GreatSchools Rating 7/10), Albemarle Middle School (GreatSchools Rating 1/10), North Stanly Middle School (GreatSchools Rating 2/10), South Stanly Middle School (GreatSchools Rating 4/10), Stanly County Virtual Education (GreatSchools Rating 2/10), Stanly STEM Early College (GreatSchools Rating 10/10), Albemarle High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,654 (source: MLS/based on county public records data).
The last sale was on November 12, 2020 for $188,000 (source: MLS/tax record).
The property at 616 E Oakwood Ave has 3 bedrooms and 2 bathrooms.
The property 616 E Oakwood Ave is 1,944 SqFt (source: MLS/tax record).
The year of construction for 616 E Oakwood Ave is 1955.
This home is located at 616 E Oakwood Ave in Albemarle, NC and zip code 28001. This 1,944 square foot home was built in 1955. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $220,000.
Over 4 listings were sold over their listed price in April 2025 in Albemarle, NC. In the same period over 17 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Albemarle, NC between March and April 2025 decreased by 2.5%. Listings spent 47 days on the market in April 2025, and had a median list price of $285,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.