GREAT INVESTMENT OPPORTUNITY on 1.3 ACRES in the Highly Desired PRINCETON SCHOOL DISTRICT! This approximately 1,500 SF home, built around 1940, offers tons of character and potential with 3 BEDROOMS and 2 BATHS. The property needs some TLC, making it an excellent opportunity for investors, renovators, or buyers looking to create something special. Features include a METAL ROOF and spacious lot with room to enjoy country living. Currently TENANT-OCCUPIED. Please note: ALL APPLIANCES belong to the tenant and HVAC needs work. With the right vision, this property could truly shine! CASH OR CONVENTIONAL LOAN ONLY.
For sale
$174,066
278 Old Cornwallis Road, Princeton, NC 27569
3beds
1,503sqft
Single Family Residence
Built in 1940
1.3 Acres Lot
$167,000 Zestimate®
$116/sqft
$-- HOA
What's special
Spacious lotMetal roof
- 118 days |
- 402 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Beth Hines 919-868-6316,
RE/MAX Southland Realty II
Source: Hive MLS,MLS#: 100575324
Originating MLS: Johnston County Association of REALTORS
Originating MLS: Johnston County Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Master Bedroom, Bedroom 2, Bedroom 3, Living Room, Dining Room, Other
Primary bedroom
- Level: First
- Dimensions: 13.2 x 14.5
Bedroom 2
- Level: First
- Dimensions: 12.8 x 13.5
Bedroom 3
- Level: First
- Dimensions: 11.6 x 13.3
Dining room
- Level: First
- Dimensions: 12.8 x 12.8
Kitchen
- Level: First
- Dimensions: 10 x 11.6
Living room
- Level: First
- Dimensions: 12.5 x 15.8
Other
- Description: deck
- Dimensions: 10 x 12.1
Other
- Description: covered deck
- Level: First
- Dimensions: 4.3 x 21.8
Heating
- Other, Electric
Cooling
- Other
Features
- Master Downstairs
Interior area
- Total structure area: 1,503
- Total interior livable area: 1,503 sqft
Property
Parking
- Parking features: On Site
Accessibility
- Accessibility features: Central Living Area
Features
- Levels: One
- Patio & porch: Open, Covered, Deck
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 1.3 Acres
- Dimensions: 153 x 365 x 124 x 374
- Features: Level, Wooded
Details
- Parcel number: 265300038098
- Zoning: RAG
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $139,240
- Annual tax amount: $884
- Date on market: 5/20/2026
- Cumulative days on market: 119 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$167,000
$159,000 - $175,000
$1,632/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listed for sale | $174,066-3%$116/sqft |
Source:  Doorify MLS #10168344 Report a problem | ||
| 5/16/2026 | Listing removed | $179,450$119/sqft |
Source: Doorify MLS #10147034 Report a problem | ||
| 2/17/2026 | Listed for sale | $179,450$119/sqft |
Source:  Hive MLS #100555091 Report a problem | ||
| 2/12/2026 | Listing removed | $179,450$119/sqft |
Source: Doorify MLS #10117713 Report a problem | ||
| 12/23/2025 | Price change | $179,450-3%$119/sqft |
Source: Doorify MLS #10117713 Report a problem | ||
| 8/23/2025 | Listed for sale | $185,000$123/sqft |
Source: Hive MLS #100526778 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $884 +45.1% | $139,240 +85.1% |
| 2024 | $609 +6.3% | $75,220 +3.7% |
| 2023 | $573 -4.8% | $72,520 |
| 2022 | $602 | $72,520 |
| 2021 | $602 +2.5% | $72,520 |
| 2020 | $587 | $72,520 |
| 2019 | $587 +8.7% | $72,520 +11.4% |
| 2018 | $541 | $65,120 |
| 2017 | $541 | $65,120 |
| 2016 | $541 | $65,120 |
| 2015 | $541 | $65,120 |
| 2014 | $541 | $65,120 |
| 2013 | -- | $65,120 |
| 2012 | -- | $65,120 |
| 2011 | -- | $65,120 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27569
Nearby schools
GreatSchools rating
- 8/10Princeton ElementaryGrades: PK-5Distance: 1.8 mi
- 6/10Princeton HighGrades: 6-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Princeton
- Middle: Princeton
- High: Princeton
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Johnston County
- Princeton
- 27569
- 278 Old Cornwallis Road
Nearby cities
Nearby zip codes
Other Princeton Topics
