When was property at 576 Washington Lane built and last sold?

The property at 576 Washington Lane was built in 1940 and last sold on Sep 1, 2022 for $49,000.

How much is this home worth?

The estimated value of the home located at 576 Washington Lane is $0.

What are some comparable homes to 576 Washington Lane?

There are currently no comparable homes to 576 Washington Lane.

Albemarle

28001

576 Washington Lane

$74,000

● House - Off Market

576 Washington Lane

Albemarle, NC 28001

2 Beds

1 Bath

660 Ft²

$388

Est. Monthly

About This Property

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!

Unit Size

660 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$120

Property Type

House

Property Taxes

HOA Dues

Year Built

1940

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (CANOPYMLS #CAR4239757)

Price History

Date / Event	Date	Event
Jun 17, 2025	Sold	Premium
Sold
Jun 3, 2025	In contract	-
In contract
May 16, 2025	Price Decreased	$78,900 ↓ $1K (1.3%)
Price Decreased
Apr 16, 2025	Price Decreased	$79,900 ↓ $5K (6%)
Price Decreased
Apr 7, 2025	Price Decreased	$85,000 ↓ $15K (14.9%)
Price Decreased
Mar 27, 2025	Listed by EXP Realty LLC Ballantyne	$99,900
Listed by EXP Realty LLC Ballantyne
Sep 2, 2022	Sold	Premium
Sold
Mar 1, 2021	Sold	Premium
Sold
Aug 15, 2013	Sold	Premium
Sold
Sep 22, 2006	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 1940

Effective Year Built: 1950
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 11
Construction Type: 0
Building Style: 0
Exterior Walls Type: 4
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 3
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,405

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 500
Total Building Area: 660
Building Area: 660
Building Area Measurement: K

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 660
Heating Fuel Type: 6

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: WALLS HEIGHTS
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 1
Legal Description 1: HSE 576 WASHINGTON LN LTS 37/38 BLK E 654819078

Neighborhood

School District Name: Stanly County Schools

Census Tract: 931203

Zoning

Zoning: R-8

Geography

Assessors Map Reference: MP 2 PG 123

Account Number: 1538575
District: 101
Parcel: 654804710996
Block: E
Lot: 37
Municipality: ALBEMARLE TOWNSHIP
Latitude: 35.3433
Longitude: -80.1833

Address

Full Address: 576 Washington Ln

Address - House Number: 576
Address - Street Name: Washington
Address - Suffix Type: Ln
State: NC
City Name: Albemarle
Carrier Code: C005
4-Digit Zip Code: 6126
Zip Code: 28001

Valuation

Tax

Tax Year: 2023

Tax Amount: $19,076
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 500:500

Appraisal Valuation

Standard Deviation: 0.3476

Valuation Date: Sep 27, 2023
Confidence Score: 30
Final Value: 330,187
High Value: 444,974
Low Value: 215,399

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $15,636

Market Land Value: $3,000
Market Improvement Value: $12,636

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $15,636
Assessed Land Value: $3,000
Assessed Improvements Value: $12,636

Sales

Current Sale Contract Date: Sep 01, 2022

Current Sale Recording Date: Sep 02, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 450855
Previous Sale Recording Date: Mar 01, 2021
Previous Sale Contract Date: Feb 25, 2021
Previous Sale Amount: $15,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Albemarle

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$179

Below Asking

0.03%

Average Days on Market

Average Home Size

1825 ft²

Average Home Age

46.5 years

Currently For Sale

110 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Cassady Caven, EXP Realty LLC Ballantyne
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4239757

Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

576 Washington Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Albemarle

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions