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616 E Oakwood Ave, Albemarle, NC, 28001

3beds
2baths
3,361sqft
$335,000
$100price/sqft
$2,477/moest. monthly cost
$99,080/yrincome needed

About This Home

In-Town Luxury Remodel with Fireplace, Bonus Room, & Massive Basement! Step into this jaw-dropping, fully remodeled 3-bedroom, 2-bathroom in-town Albemarle masterpiece. Blending timeless character with high-end modern design, this 1,900-square-foot home offers an unparalleled turnkey lifestyle with absolutely zero details spared. The inviting living room welcomes you with a cozy, beautifully detailed fireplace, serving as the perfect focal point for gatherings. Flow seamlessly into the stunning chef’s kitchen anchored by a spacious kitchen island, premium quartz countertops, and a custom shiplap ceiling that adds immediate architectural warmth. Gleaming, freshly refinished original hardwoods guide you through the bright, airy floor plan, which includes a dedicated extra office/bonus room—ideal for remote work, a hobby space, or a playroom. Escape to the expansive primary suite, showcasing a rare, massive walk-in primary closet designed to easily handle any wardrobe. Rest easy knowing the big-ticket items are fully taken care of. This home boasts a brand-new, high-efficiency HVAC system, brand-new energy-efficient windows filtering beautiful natural light, and brand-new gutters for total exterior peace of mind. The Ultimate Bonus Feature: Below the main floor sits a massive 1,700-square-foot heated, unfinished basement! Equipped with climate control, this expansive footprint offers limitless possibilities—create the ultimate workshop, a massive home gym, endless secure storage, or finish it out later for instant equity. Located right in the heart of town, you are just minutes away from downtown Albemarle’s thriving shops, dining, and parks. Schedule your tour today before this unique gem is gone!

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
3/10
Albemarle Middle SchoolGrades 6-81.3 mi
3/10
Albemarle High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Composition
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Gas Range,Refrigerator
  • Laundry features: In Hall,Inside

Basement

  • Has basement: Yes
  • Basement: Basement Garage Door,Basement Shop,Interior Entry,Unfinished,Walk-Out Access,Walk-Up Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Den

  • Level: Main

Dining Room

  • Level: Main

Features

  • Flooring: Wood
  • Fireplace features: Gas,Gas Log,Gas Unvented,Great Room
  • Finished area below ground: 1,415
  • Finished area above ground: 1,946

Heating & Cooling

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

Interior Area

  • Total structure area: 1,946
  • Total interior livable area: 3,361 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 654802561673
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Rear Porch
  • Fencing: Back Yard,Privacy

Lot

  • Lot size: 0.34 Acres
  • Features: Wooded

Parking

  • Total spaces: 1
  • Parking features: Basement,Driveway,Garage Door Opener,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Stanly County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,693$20,316
Home Insurance *$163$1,956
Property Taxes $308$3,696
Electricity $313$3,756
Total$2,477$29,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,925/yr
40% on housing$74,310/yr
45% on housing$66,053/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$100This listing

vs Other Active Listings

Avg $/sqft

ZIP 28001$131
Stanly County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 28001$175
Stanly County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$325,000
2026-06-06Listed for sale$335,000
2025-12-04Sold$175,000
2025-09-25Price change$185,000
2025-08-19Price change$195,000
2025-07-14Price change$205,000
2025-05-28Price change$210,000
2025-05-19Listed for sale$220,000
2020-11-12Sold$187,900
2020-09-28Pending sale$184,900
2020-09-17Listed for sale$184,900
2020-09-14Pending sale$184,900
2020-09-03Listed for sale$184,900
2020-07-25Pending sale$184,900
2020-07-13Listed for sale$184,900
2020-06-28Pending sale$184,900
2020-06-26Listed for sale$184,900
2010-02-10Listing removed$139,900
2009-09-04Listed for sale$139,900

For Sale by Agent

AgentCindy Laton
BrokerageCentury 21 Russ Hollins, Realtors

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