$168,844
PENDING $5K PRICE DROP

278 Old Cornwallis Rd Princeton, NC 27569

Princeton Area

Estimated payment $1,000/month

Total Views 15,720
3 Beds
2 Baths
1,503 Sq Ft
$112 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Covered Patio or Porch

About This Home

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.

Listing Agent

Beth Hines

RE/MAX SOUTHLAND REALTY II License #192858 Listed on: 05/19/2026

RE/MAX SOUTHLAND REALTY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1940

Lot Details

  • 1.3 Acre Lot
  • Property is zoned RAG

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,503 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Site Parking
  • Open Parking
  • Outside Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Princeton Elementary School
  • Princeton Middle High
  • Princeton Middle High School

Utilities

  • Cooling Available
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Sherry Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 265300-03-8098

Home Details

Home Type

Single Family

Est. Annual Taxes

$884

Year Built

Built in 1940

Lot Details

1.3 Acres

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: Sherry Hills
  • Above Grade Finished Sq Ft: 1503.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Primary Bedroom Level: Main
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTY4MzQ0IiwiU3RhbmRhcmRTdGF0dXMiOiJQZW5kaW5nIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wOC0wN1QxOToxMjozOS4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8yNTg3MSIsIkxpY2Vuc2VlTmFtZSI6IkhvbWVzIFBybyJ9.IQcO45hug5vfc_uKYkvclX-yA_kTOUMvUoc0QDXscEE/badge
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Acres: 1.3
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Parking Features: Driveway, Open, On Site, Outside

Utilities

  • Utilities: Electricity Connected, Water Connected, Septic Connected
  • Heating: See Remarks
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Johnston - Princeton Middle High
  • Middle Or Junior School: Johnston - Princeton Middle High

Lot Info

  • Zoning: RAG
  • Lot Size Sq Ft: 56628.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 265300-03-8098

Tax Info

  • Tax Annual Amount: 884.0
  • Tax Year: 2026

MLS Schools

  • Elementary School: Johnston - Princeton Elementary

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $884 $139,240 $48,880 $90,360
2024 $609 $75,220 $24,440 $50,780
2023 $573 $72,520 $24,440 $48,080
2022 $602 $72,520 $24,440 $48,080
2021 $602 $72,520 $24,440 $48,080
2020 $587 $72,520 $24,440 $48,080
2019 $587 $72,520 $24,440 $48,080
2018 $541 $65,120 $24,440 $40,680
2017 $541 $65,120 $24,440 $40,680
2016 $541 $65,120 $24,440 $40,680
2015 $541 $65,120 $24,440 $40,680
2014 $541 $65,120 $24,440 $40,680
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2026 08/07/26 Pending -- -- --
07/16/2026 07/16/26 Price Changed $168,844 -3.0% $112 / Sq Ft
05/19/2026 05/19/26 For Sale $174,066 -- $116 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10168344

Doorify MLS

APN: 04P10144S

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