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$625,000
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Property 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 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.
Full Property Details
Full Property Details for 531 Princeton St
General
- Sold For: $625,000
- Taxes: $4,520
- Status: Closed
- Type: Single Family
- Source: 2218
- MLS ID: 10159544
- Added to Site: 68 day(s) ago
Interior
- Number of Rooms: 8
- 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
- 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
- Flooring: Ceramic Tile, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
Additional Information
- Pool: Yes
- Pool Description: Swimming Pool Com/Fee, None
Exterior
- Exterior Features: Courtyard, Fenced Yard, Fire Pit, Lighting, Private Yard, Rain Gutters, Storage, Uncovered Courtyard
- Porch/Patio/Deck: Front Porch, Patio, Porch, Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Attached, Concrete, Driveway, Garage, Off Street, Oversized
Location
- County: Wake
- Subdivision: Lakemont
- Driving 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.
- Direction Faces: South
- City Limits: Yes
School Information
- Elementary School: Wake - Douglas Elementary
- Middle School: Wake - Carroll Middle
- High School: Wake - Sanderson High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Gas
- Heating Type: Forced Air, Gas Pack, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch, Traditional
- Structure Type: House, Site Built
- Exterior Const.: Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Brick Veneer, Fiber Cement, HardiPlank Type, Vinyl Siding
- Roof: Shingle, Asphalt, Membrane
- Windows: Blinds, Double Pane Windows, Insulated Windows, Plantation Shutters, Screens
- Drive-In Doors: Storm Door(s)
- Stories/Levels: 1
- Building Size: 1558
- Square Feet: 1,558
- Sq. Ft. Source: Owner
- Finished Above Grnd: 1,558 Sq. Ft.
- Year Built: 1965
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Landscaped, Sloped Down, Sloped Up
- Zoning: R-4
- Fencing (Description): Back Yard, Chain Link, Fenced, Wood, Wrought Iron
Financial Considerations
- Tax Amount: $4,520.57
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 171617020249000 0020463
- Lot Number: 173
Listed by Capstone Real Estate Services, John Salisbury (919) 801-3381
Sold by Compass -- Raleigh, Gretchen Coley
Get Pre-Approved Today
Schools
Schools serving 531 Princeton St
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Douglas Elementary 600 Ortega Road, Raleigh, NC 27609 | PK-5 | 0.3 mi |
Carroll Middle 4520 Six Forks Road, Raleigh, NC 27609 | 6-8 | 0.7 mi |
Sanderson High 5500 Dixon Drive, Raleigh, NC 27609 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 Princeton St
Date
Details
Price
Change
Source
6/11/2026
Sold
$625,000
-2.19%
MLS
5/06/2026
Price Reduced
$639,000
-3.77%
MLS
4/29/2026
Price Reduced
$664,000
-4.46%
MLS
4/12/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
531 Princeton Street, Raleigh, NC 27609 (MLS# 10159544) is a Single Family property that was sold at $625,000 on June 11, 2026. Want to learn more about 531 Princeton Street? Do you have questions about finding other Single Family real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

