531 Princeton Street

Closed 6/11/26
Closed 6/11/26
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Sold
Last Sold Price
$625,000
3 beds1,558 sqft$401/sqft
531 Princeton St, Raleigh, NC 27609
Single FamilyProperty Type
0.27 acresLot Size
1965Year Built
$401/sq ftPrice per sq ft
1 carParking Spaces

Description

Seller offering a mortgage buy down. Discover incredible value in one of Midtown Raleigh's most sought after neighborhoods. This beautifully maintained Lakemont home offers 1,558 sq ft of flexible living space, freshly painted interiors, and a prime location just minutes from North Hills, and top dining and shopping. Step inside to a bright, welcoming layout with multiple living areas that offer versatility for today's lifestyle--perfect for a home office, playroom, or cozy den. The kitchen features...Seller offering a mortgage buy down. Discover incredible value in one of Midtown Raleigh's most sought after neighborhoods. This beautifully maintained Lakemont home offers 1,558 sq ft of flexible living space, freshly painted interiors, and a prime location just minutes from North Hills, and top dining and shopping. Step inside to a bright, welcoming layout with multiple living areas that offer versatility for today's lifestyle--perfect for a home office, playroom, or cozy den. The kitchen features timeless white cabinetry, granite counters, and a functional design that opens to the dining area for easy everyday living. The home includes three spacious bedrooms and three full baths, providing comfort and privacy for family or guests. The primary suite features an updated bath and great natural light. Fresh interior paint throughout creates a clean, move in ready feel. Outside, enjoy a large backyard with mature trees and space for gardening, pets, or outdoor entertaining. The lot offers privacy and character, with room to personalize and make it your own. The exterior brick provides classic charm and a durable, low maintenance finish. Additional highlights include:
•Quiet street in a walkable, established neighborhood
• Minutes to North Hills, Midtown East, and major commuter routes
• Updated kitchen and baths
• Garage & extra parking
• extra storage 10 x 8 shed and a pull-down attic space
• Fresh interior paint (2024)

A rare opportunity to own a well maintained home in Lakemont at an exceptional price. Move in now and update over time, or enjoy it as-is in one of Raleigh's most desirable locations. Seller offering up to $10,000 toward a 2-1 mortgage rate buy-down or buyer's closing costs with acceptable offer. Listing agent is a partial owner in the home.
  • Listed by: John Salisbury • Capstone Real Estate Services
Listing closed: 06/11/2026 12:00 AM • Source: TRIANGLEMLS, MLS#: 10159544
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Location

Listing Courtesy of Capstone Real Estate Services

Sold By Compass -- Raleigh

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$3,554 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,177

Property Taxes

$377

HOA Dues

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Property Information for 531 Princeton Street

Property Details
  • Taxes: $4,521 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • View: Yes
  • Waterfront: No
  • Showings Expected to Begin: 04-16-2026
  • Subdivision: Lakemont
Building Information
  • Stories: 1
  • Year Built: 1965
  • Lot Size: 0.27 AC / 11,761 SF
Summary
Location and General Information
  • Zoning: R-4
  • Directions: From 440 beltline take Six Forks Rd. North, Turn right on Rowan (just past North Hills shopping), Right on Drexel which changes to Latimer, turn right on Princeton and home will be on the left.
  • Subdivision Name: Lakemont
  • Latitude: 35.843948
  • Longitude: -78.628665
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Neighborhood: Lakemont
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,520.57
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 173
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2026-06-04
School Information
  • Elementary School: Wake - Douglas Elementary
  • Middle Or Junior School: Wake - Carroll Middle
  • High School: Wake - Sanderson High
Parking
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage, Off Street, Oversized
  • Carport: No
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
Virtual Tour
Property
Lot Information
  • Building Area Total: 1558.0
  • Lot Features: Back Yard, Front Yard, Landscaped, Sloped Down, Sloped Up
  • Architectural Style: Ranch, Traditional
  • Total Other Area Sq Ft: 0
  • Other Structures: Shed(s)
  • Parcel Number: 171617020249000 0020463
  • Structure Type: House, Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: No
  • Sold PriceList Price: 0.98
Property and Assessments
  • New Construction: No
  • Photos Count: 29
  • Above Grade Finished Area Source: Owner
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Curbs, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Other
  • Senior Community: No
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Level Flooring
  • Construction Materials: Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Brick Veneer, Fiber Cement, HardiPlank Type, Vinyl Siding
  • Exterior Features: Courtyard, Fenced Yard, Fire Pit, Lighting, Private Yard, Rain Gutters, Storage, Uncovered Courtyard
  • Fencing: Back Yard, Chain Link, Fenced, Wood, Wrought Iron
  • Patio And Porch Features: Front Porch, Patio, Porch, Other
  • Pool Features: Swimming Pool Com/Fee, None
  • Pool Private: No
  • Roof: Shingle, Asphalt, Membrane
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • New Construction Type: Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Brick Veneer, Fiber Cement, HardiPlank Type, Vinyl Siding, House, Site Built
Interior Features
  • Levels: One
  • Stories: 1
  • Master Bedroom 1st Floor: 3
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Door Features: Storm Door(s)
  • Windows Treatment: Blinds, Double Pane Windows, Insulated Windows, Plantation Shutters, Screens
  • Cooling: Central Air, Gas
  • Cooling?: Yes
  • Heating: Forced Air, Gas Pack, Natural Gas
  • Heating?: Yes
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Washer/Dryer
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Interior Features: Bathtub/Shower Combination, Bookcases, Crown Molding, Double Vanity, Granite Counters, Laminate Counters, Open Floorplan, Radon Mitigation, Recessed Lighting, Smooth Ceilings, Storage, Wet Bar
  • Spa: No
  • Equipment Appliances: Dishwasher, Disposal, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Washer/Dryer
  • Interior: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Attached, Concrete, Driveway, Garage, Off Street, Oversized, Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Brick Veneer, Fiber Cement, HardiPlank Type, Vinyl Siding, Electric Dryer Hookup, In Garage, Washer Hookup, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Equipment: Dishwasher, Disposal, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Washer/Dryer, Electric Dryer Hookup, In Garage, Washer Hookup, Attached, Concrete, Driveway, Garage, Off Street, Oversized
  • Additional Equipment: Other
Room Information
Room Information
  • Rooms Total: 8.0
Room 1
  • Room Dimensions: 15 x 10.6
  • Room Width: 10.6
  • Room Length: 15.0
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 11.2 x 11
  • Room Width: 11.0
  • Room Length: 11.2
  • Room Level: Main
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 10.5 x 10
  • Room Width: 10.0
  • Room Length: 10.5
  • Room Level: Main
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 5.7 x 4.5
  • Room Width: 4.5
  • Room Length: 5.7
  • Room Level: Main
  • Room Type: Entrance Hall
Room 5
  • Room Dimensions: 15 x 12
  • Room Width: 12.0
  • Room Length: 15.0
  • Room Level: Main
  • Room Type: Family Room
Room 6
  • Room Dimensions: 10.7 x 8.4
  • Room Width: 8.4
  • Room Length: 10.7
  • Room Level: Main
  • Room Type: Kitchen
Room 7
  • Room Dimensions: 11.11 x 9
  • Room Width: 9.0
  • Room Length: 11.11
  • Room Level: Main
  • Room Type: Dining Room
Room 8
  • Room Description: storage shed
  • Room Dimensions: 10 x 8
  • Room Width: 8.0
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Other
Room 9
  • Room Dimensions: 11 x 13
  • Room Width: 13.0
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Sunroom
Room 10
  • Room Description: Breakfast nook
  • Room Dimensions: 13 x 9
  • Room Width: 9.0
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Breakfast Room
Room 11
  • Room Description: front paver courtyard
  • Room Dimensions: 11 x 15
  • Room Width: 15.0
  • Room Length: 11.0
  • Room Level: Additional
  • Room Type: Other
Room 12
  • Room Description: Back paver courtyard
  • Room Dimensions: 30 x 19
  • Room Width: 19.0
  • Room Length: 30.0
  • Room Level: Additional
  • Room Type: Other
Room 13
  • Room Description: Garage
  • Room Dimensions: 20 x 14
  • Room Width: 14.0
  • Room Length: 20.0
  • Room Level: Main
  • Room Type: Other
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 531 Princeton Street

DateEvent & SourcePriceAppreciation
Jun 11, 2026

Sold (Public Record)

Public Record #1942675244

$625,000

+7.5% / yr

Jun 11, 2026

Sold

TRIANGLEMLS #10159544

$625,000—
May 14, 2026

Pending

TRIANGLEMLS #10159544

—
DateEvent & SourcePrice
06/11/2026

Sold (Public Record)

Public Record #1942675244

$625,000

+7.5% / yr

06/11/2026

Sold

TRIANGLEMLS #10159544

$625,000
05/14/2026

Pending

TRIANGLEMLS #10159544

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 531 Princeton Street

Taxable ValueLand$451,250Additions$64,811Total$516,061
Tax Record2025$4,521 ($377 / month)
Home Facts
Beds0Baths3Total Finished SqFt1,513 SqFtAbove Grade Finished SqFt1,513 SqFtStories1Lot Size11,761 SqFtStyleSingle Family ResidenceYear Built1965Year Renovated1986ZoningR-4CountyWAKEAPN1716.17-02-0249-000

Schools near 531 Princeton Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Douglas Elementary
Public - PK to 5
Carroll Middle
Public - 6 to 8
Sanderson High
Public - 9 to 12
Phillips High
Public - 9 to 12
Rating
School
Distance
Douglas Elementary
PublicPK to 5

Carroll Middle
Public6 to 8

Sanderson High
Public9 to 12

Phillips High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 531 Princeton Street, Raleigh, NC 27609
$625,000
3
1,558
11,761
601 Princeton Street, Raleigh, NC 27609
$228,500
–
2
2,020
12,632
527 Princeton Street, Raleigh, NC 27609
–
–
2
1,660
12,197
520 Harvard Street, Raleigh, NC 27609
$420,000
4
1,942
11,325
600 Princeton Street, Raleigh, NC 27609
–
–
3
1,996
12,197
516 Harvard Street, Raleigh, NC 27609
$800,000
4
1,831
10,018

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Capstone Real Estate Services

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.