Sold
Last Sold Price
3 beds1,558 sqft
531 Princeton St, Raleigh, NC 27609
Single FamilyProperty Type
0.27 acresLot Size
1965Year Built
$401/sq ftPrice per sq ft
4 carsParking 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 919.801.3381 ncjohn1601@gmail.com • Capstone Real Estate Services
Listing closed: 06/11/2026 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10159544

Location

Listing Courtesy of Capstone Real Estate Services

Sold By Compass -- Raleigh

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Payment Calculator

$3,606 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,230

Property Taxes

$377

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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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
  • Zoning Description: R-4
  • 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
  • Direction Faces: South
  • 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
  • Has City Limits: Yes
  • Lot Number: 173
  • Has Restrictive Covenants: No
Contract Information
  • Has Comp Sale: No
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: 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 Spaces: 3.0
  • 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: 0.0
  • Other Structures: Shed(s)
  • Parcel Number: 171617020249000 0020463
  • Structure Type: House, Site Built
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Primary Residence: No
  • Sold PriceList Price: 0.98
Property and Assessments
  • New Construction: No
  • Above Grade Finished Area Source: Owner
  • Community Features: Curbs, Other, Park, Playground, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • 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
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, Fire Pit, Lighting, Private Yard, Rain Gutters, Storage, Uncovered Courtyard, Fenced Yard
  • Fencing: Back Yard, Chain Link, Fenced, Wood, Wrought Iron
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Front Porch, Other, Patio, Porch
  • Pool Features: None, Swimming Pool Com/Fee
  • Roof: Asphalt, Membrane, Shingle, Architectural Shingle
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • New Construction Type: House, Site Built, Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Brick Veneer, Fiber Cement, HardiPlank Type, Vinyl Siding
Interior Features
  • Levels: One
  • Stories: 1
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Master Bedroom 1st Floor: Yes
  • Has Fireplace: 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 Pack
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas, Gas Pack
  • Has Heating: Yes
  • Appliances: Disposal, Dishwasher, 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: Bookcases, Crown Molding, Double Vanity, Granite Counters, Laminate Counters, Open Floorplan, Recessed Lighting, Storage, Wet Bar, Bathtub/Shower Combination, Radon Mitigation, Smooth Ceilings
  • Spa: No
  • Additional Equipment: Other
Room Information
Room Information
  • Rooms Total: 8.0
Room 1
  • Type: Primary Bedroom
  • Level: Main
  • Length: 15.0
  • Width: 10.6
Room 2
  • Type: Bedroom 2
  • Level: Main
  • Length: 11.2
  • Width: 11.0
Room 3
  • Type: Bedroom 3
  • Level: Main
  • Length: 10.5
  • Width: 10.0
Room 4
  • Type: Entrance Hall
  • Level: Main
  • Length: 5.7
  • Width: 4.5
Room 5
  • Type: Family Room
  • Level: Main
  • Length: 15.0
  • Width: 12.0
Room 6
  • Type: Kitchen
  • Level: Main
  • Length: 10.7
  • Width: 8.4
Room 7
  • Type: Dining Room
  • Level: Main
  • Length: 11.11
  • Width: 9.0
Room 8
  • Type: Other
  • Level: Main
  • Description: storage shed
  • Length: 10.0
  • Width: 8.0
Room 9
  • Type: Sunroom
  • Level: Main
  • Length: 11.0
  • Width: 13.0
Room 10
  • Type: Breakfast Room
  • Level: Main
  • Description: Breakfast nook
  • Length: 13.0
  • Width: 9.0
Room 11
  • Type: Other
  • Level: Additional
  • Description: front paver courtyard
  • Length: 11.0
  • Width: 15.0
Room 12
  • Type: Other
  • Level: Additional
  • Description: Back paver courtyard
  • Length: 30.0
  • Width: 19.0
Room 13
  • Type: Other
  • Level: Main
  • Description: Garage
  • Length: 20.0
  • Width: 14.0

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

Doorify MLS (fka Triangle MLS) #10159544

$625,000
May 14, 2026

Pending

Doorify MLS (fka Triangle MLS) #10159544

DateEvent & SourcePrice
06/11/2026

Sold (Public Record)

Public Record #1942675244

$625,000

+7.5% / yr

06/11/2026

Sold

Doorify MLS (fka Triangle MLS) #10159544

$625,000
05/14/2026

Pending

Doorify MLS (fka Triangle MLS) #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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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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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

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