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Johnston 27569
278 Old Cornwallis Road
$138,000
● House - Off Market

278 Old Cornwallis Road

Princeton, NC 27569
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,503 Ft²
$903
Est. Monthly

About This Property

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.
Unit Size
1,503 Ft²
Days on Market
127 days
Land Size
1.30 acres
Price per sqft
$112
Property Type
House
Property Taxes
$74
HOA Dues
-
Year Built
1940

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Last updated: 2 months ago (TMLS #10168344)

Price History

Date / Event Date Event Price
Sep 23, 2026 Sold
Sold
Aug 8, 2026 In contract -
In contract
Jul 16, 2026 Price Decreased $168,844
↓ $5K (3%)
Price Decreased
May 19, 2026 Listed by RE/MAX SOUTHLAND REALTY II $174,066
Listed by RE/MAX SOUTHLAND REALTY II

Property Highlights


Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1973
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 1,550
  • Gross Building Area: 1,672
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: L4 WHITLEY PB31/335 265300-130

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 22
  • School Tax District Code 2: 04
  • Census Tract: 040502

Zoning

  • Zoning: RAG

Geography

  • Assessors Map Reference: BK: 31 PG: 335
  • Account Number: 65562313
  • District: 4
  • Parcel: 04P10144S
  • Municipality: BOON HILL PRINCETON
  • Latitude: 35.4868
  • Longitude: -78.1567

    Address

  • Full Address: 278 Old Cornwallis Rd
  • Address - House Number: 278
  • Address - Street Name: Old Cornwallis
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Princeton
  • Carrier Code: R003
  • 4-Digit Zip Code: 8195
  • Zip Code: 27569

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $57,291
  • Tax Rate Code Area: C,FR22

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 81
  • Final Value: 147,714
  • High Value: 170,495
  • Low Value: 124,933

    Market Valuation

  • Market Total Value: $72,520
  • Market Land Value: $24,440
  • Market Improvement Value: $48,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,520
  • Assessed Land Value: $24,440
  • Assessed Improvements Value: $48,080
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Johnston


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Frequently Asked Questions

When was property at 278 Old Cornwallis Road built and last sold?
The property at 278 Old Cornwallis Road was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 278 Old Cornwallis Road is $181,304.
What are some comparable homes to 278 Old Cornwallis Road?
There are currently no comparable homes to 278 Old Cornwallis Road.