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Under contract
  • Price cut: $5.2K (7/16)
    $168,844

    278 Old Cornwallis Road, Princeton, NC 27569

    3beds
    1,503sqft
    : 
    $1,066/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    1.3 Acres Lot
    $-- Zestimate®
    $112/sqft
    $-- HOA

    What's special

    Spacious lotMetal roof
    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.
    172 days
    |
    437
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Hines 919-868-6316,

    RE/MAX Southland Realty II

    Source: Hive MLS,MLS#: 100575324MLS LogoOriginating MLS: Johnston County Association of REALTORS

      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: None
      • 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: $112/sqft
      • Tax assessed value: $139,240
      • Annual tax amount: $884
      • Date on market: 5/20/2026
      • Cumulative days on market: 172 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,570/mo

        Price history

        DateEventPrice
        8/7/2026Contingent$168,844$112/sqft
        Source: Hive MLS #100575324 Report a problem
        8/7/2026Pending sale$168,844$112/sqft
        Source: Doorify MLS #10168344 Report a problem
        7/16/2026Price change$168,844-3%$112/sqft
        Source: Hive MLS #100575324 Report a problem
        5/19/2026Listed for sale$174,066-3%$116/sqft
        Source: Doorify MLS #10168344 Report a problem
        5/16/2026Listing removed$179,450$119/sqft
        Source: Doorify MLS #10147034 Report a problem
        2/17/2026Listed for sale$179,450$119/sqft
        Source: Hive MLS #100555091 Report a problem
        2/12/2026Listing removed$179,450$119/sqft
        Source: Doorify MLS #10117713 Report a problem
        12/23/2025Price change$179,450-3%$119/sqft
        Source: Doorify MLS #10117713 Report a problem
        8/23/2025Listed for sale$185,000$123/sqft
        Source: Hive MLS #100526778 Report a problem

        Public tax history

        YearProperty taxesTax 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-- --
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        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27569

        Getting around

        7 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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