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$639,000

Listing Price

3beds

3baths

1,513sqft

11,761sqft lot

531 Princeton St, Raleigh, NC 27609

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Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

415.84

Price / sqft

1965

Year built

Home Details

Seller offering a mortgage buy down.nnDiscover 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.nnStep 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.nnThe 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.nnOutside, 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.nnAdditional highlights include:nQuiet street in a walkable, established neighborhoodn Minutes to North Hills, Midtown East, and major commuter routesn Updated kitchen and bathsn Garage & extra parkingn extra storage 10 x 8 shed and a pull-down attic spacen Fresh interior paint (2024)nnA rare opportunity to own a well maintained home in Lake

Interior Details

Square Feet
  • 1513

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 11761

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Conventional

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,185

$240,000

$91,382

--%

$331,382

2020

$3,185

$240,000

$91,382

--%

$331,382

2019

$2,749

$130,000

$105,501

--%

$235,501

2018

$2,593

$130,000

$105,501

--%

$235,501

2017

$2,469

$130,000

$105,501

--%

$235,501

2015

$2,550

$120,000

$124,397

--%

$244,397

2014

$2,419

$120,000

$124,397

--%

$244,397

2013

$2,260

$120,000

$124,397

--%

$244,397

2012

$2,260

$120,000

$124,397

--%

$244,397

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Average Home Price in 27609

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$560,000

-- Beds

2.5 Baths

1,524 Sqft

13,504 Lot (sqft)

Sold 09/17/2026

$535,881

-- Beds

1.5 Baths

1,358 Sqft

12,197 Lot (sqft)

Sold 07/28/2026

$657,804

-- Beds

2 Baths

1,445 Sqft

20,473 Lot (sqft)

Sold 07/15/2026

$591,082

-- Beds

2 Baths

1,612 Sqft

20,473 Lot (sqft)

Sold 07/09/2026

$660,912

-- Beds

2 Baths

1,682 Sqft

13,939 Lot (sqft)

Sold 06/08/2026

$475,000

-- Beds

2 Baths

1,547 Sqft

12,632 Lot (sqft)

Sold 10/05/2026

$499,000

3 Beds

2 Baths

1,356 Sqft

11,326 Lot (sqft)

Sold 10/05/2026

$550,000

3 Beds

3 Baths

1,375 Sqft

13,068 Lot (sqft)

Sold 10/05/2026

$775,000

4 Beds

2 Baths

1,650 Sqft

13,504 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
639,000
$
Down payment
127,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,834
$
HOA (Monthly)
0
$
PMI
0
$
$4,136
Your Payment
Total Monthly Payment:$4,136
Percent of Income:71%
Affordable:No

Details for 531 PRINCETON ST

Property Debt

Foreclosure Contact Details