Albemarle · Albemarle, NC
701 E Oakwood Avenue
Albemarle, NC · 2,297 sqft
$299,500
Reduced from $334,999
- 3Beds
- 2Baths
- 2,297SqFt
- 1964Year
- 93Days on market
About this home
Charming all-brick 1964 home in one of Albemarle's most highly sought-after Forest Hills neighborhood, this well-maintained home marries timeless character with practical flexibility. The original finishes have been lovingly preserved. There is plenty of built-in storage and large, bright windows. The spacious principal rooms are arranged for comfortable everyday living and effortless entertaining. A unique partial basement, formerly outfitted as a dental lab, offers plumbing and utility infrastructure and could be transformed into a private apartment, in-law or multi-generational suite, small shop, or a commercial office with separate entry from the outside—an exceptional opportunity for income generation or live/work convenience. The property also offers ample parking and a private yard, and is conveniently located near the hospital, schools (Pfeiffer University & Stanly Community College, library, governmental offices, shopping, and restaurants. Conveniently located 45-60 minutes to Charlotte, Concord, and Pinehurst. Experience the quality of solid construction and imagine the possibilities—schedule a tour today.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 2,297
- Lot
- —
- Year built
- 1964
- Type
- Single Family
- Days on market
- 93
- Heating
- Electric
- Cooling
- Electric
- Foundation
- Basement, Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,204/ month
- Principal & interest
- $1,854
- Property tax (~1.05%)
- $262
- Homeowners insurance
- $87
- HOA dues
- —
Down payment
$14,975 down · $284,525 financed
Income to qualify (28% rule)
~$94,470 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.