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.
Sold for $625,000
$625,000
531 Princeton St, Raleigh, NC 27609
3beds
1,558sqft
Single Family Residence, Residential
Built in 1965
0.27 Acres Lot
$625,300 Zestimate®
$401/sqft
$2,808 Estimated rent
Home value
$625,300
$594,000 - $657,000
$2,808/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John Salisbury 919-801-3381,
Capstone Real Estate Services
Bought with:
Gretchen Coley, 209948
Compass -- Raleigh
Devin Curlings, 301933
Compass -- Raleigh
Source: Doorify MLS,MLS#: 10159544
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas Pack, Natural Gas
Cooling
- Central Air, Gas
Appliances
- Included: 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: Electric Dryer Hookup, In Garage, Washer Hookup
Features
- Bathtub/Shower Combination, Bookcases, Crown Molding, Double Vanity, Granite Counters, Laminate Counters, Open Floorplan, Radon Mitigation, Recessed Lighting, Smooth Ceilings, Storage, Wet Bar
- Flooring: Ceramic Tile, Hardwood, Laminate
- Doors: Storm Door(s)
- Windows: Blinds, Double Pane Windows, Insulated Windows, Plantation Shutters, Screens
- Has fireplace: No
Interior area
- Total structure area: 1,558
- Total interior livable area: 1,558 sqft
- Finished area above ground: 1,558
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Concrete, Driveway, Garage, Off Street, Oversized
- Attached garage spaces: 1
- Uncovered spaces: 3
Accessibility
- Accessibility features: Level Flooring
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio, Porch, Other
- Exterior features: Courtyard, Fenced Yard, Fire Pit, Lighting, Private Yard, Rain Gutters, Storage, Uncovered Courtyard
- Pool features: Swimming Pool Com/Fee, None, Community
- Fencing: Back Yard, Chain Link, Fenced, Wood, Wrought Iron
- Has view: Yes
Lot
- Size: 0.27 Acres
- Features: Back Yard, Front Yard, Landscaped, Sloped Down, Sloped Up
Details
- Additional structures: Shed(s)
- Parcel number: 171617020249000 0020463
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch, Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Brick Veneer, Fiber Cement, HardiPlank Type, Vinyl Siding
- Roof: Shingle, Asphalt, Membrane
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Curbs, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Other
Location
- Region: Raleigh
- Subdivision: Lakemont
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Sold | $625,000-2.2%$401/sqft |
Source:  Doorify MLS #10159544 Report a problem | ||
| 5/15/2026 | Pending sale | $639,000$410/sqft |
Source: Doorify MLS #10159544 Report a problem | ||
| 5/6/2026 | Price change | $639,000-3.8%$410/sqft |
Source: Doorify MLS #10159544 Report a problem | ||
| 4/29/2026 | Price change | $664,000-4.5%$426/sqft |
Source: Doorify MLS #10159544 Report a problem | ||
| 4/17/2026 | Listed for sale | $695,000+202.3%$446/sqft |
Source: Doorify MLS #10159544 Report a problem | ||
| 5/5/2011 | Listing removed | $229,900+14.4%$148/sqft |
Source: Wieland Properties, Inc #1728670 Report a problem | ||
| 11/5/2010 | Sold | $201,000-12.6%$129/sqft |
Source: Public Record Report a problem | ||
| 9/22/2010 | Price change | $229,900-3.6%$148/sqft |
Source: Wieland Properties, Inc. #1728670 Report a problem | ||
| 5/30/2010 | Listed for sale | $238,500-8.2%$153/sqft |
Source: Wieland Properties, Inc #1728670 Report a problem | ||
| 1/23/2010 | Listing removed | $259,900$167/sqft |
Source: Howard Perry and Walston Builder Services #1675163 Report a problem | ||
| 7/18/2009 | Listed for sale | $259,900$167/sqft |
Source: Howard Perry and Walston Builder Services #1675163 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,521 +0.4% | $516,061 |
| 2024 | $4,502 +24% | $516,061 +55.7% |
| 2023 | $3,632 +7.6% | $331,382 |
| 2022 | $3,375 +4% | $331,382 |
| 2021 | $3,244 | $331,382 |
| 2020 | -- | $331,382 +40.7% |
| 2019 | -- | $235,501 |
| 2018 | -- | $235,501 |
| 2017 | $2,470 +2.1% | $235,501 |
| 2016 | $2,419 | $235,501 -3.6% |
| 2015 | -- | $244,397 |
| 2014 | $2,419 | $244,397 |
| 2013 | -- | $244,397 |
| 2012 | -- | $244,397 |
| 2011 | -- | $244,397 |
| 2010 | -- | $244,397 +25% |
| 2009 | -- | $195,496 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: Falls of Neuse
Nearby schools
GreatSchools rating
- 4/10Douglas ElementaryGrades: PK-5Distance: 0.2 mi
- 5/10Carroll MiddleGrades: 6-8Distance: 0.7 mi
- 6/10Sanderson HighGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Wake - Douglas Elementary
- Middle: Wake - Carroll Middle
- High: Wake - Sanderson High
Source: Doorify 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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Estimated market value
$625,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$625,300
- North Carolina
- Wake County
- Raleigh
- 27609
- Falls of Neuse
- 531 Princeton St
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