See Home Value
Johnston 27569
280 Old Cornwallis Road
$130,000
● House - Off Market

280 Old Cornwallis Road

Princeton, NC 27569
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,029 Ft²
$763
Est. Monthly
15.65%
Cap Rate

About This Property

BEAUTIFUL 1.24-ACRE LOT in the HIGHLY DESIRED PRINCETON SCHOOL DISTRICT! This property offers the perfect blend of country living and convenience, with COUNTY WATER and a SEPTIC SYSTEM already in place. The lot currently has a tenant-occupied home, providing options for immediate income, future building, or investment. Enjoy the privacy of a spacious lot with NO HOA, while being just minutes from US-70 for an easy commute to Goldsboro, Smithfield, or Raleigh. Whether you're looking to build your dream home or invest in a versatile property, this location checks all the boxes. CASH OR CONVENTIONAL LOAN ONLY
Unit Size
1,029 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$137
Property Type
House
Property Taxes
$72
HOA Dues
-
Year Built
1940

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (TMLS #10119422)

Price History

Date / Event Date Event Price
Jun 16, 2026 Sold
Sold
May 8, 2026 In contract -
In contract
Dec 23, 2025 Price Decreased $140,650
↓ $4K (3%)
Price Decreased
Sep 3, 2025 Listed by RE/MAX SOUTHLAND REALTY II $145,000
Listed by RE/MAX SOUTHLAND REALTY II

Property Highlights


Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1973
  • Bedroom Count: 2
  • 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: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,014
  • Total Building Area: 1,040
  • Gross Building Area: 1,048
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001240
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: L5 WHITLEY PB31/335 265300-131

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: 04P10144T
  • Municipality: BOON HILL PRINCETON
  • Latitude: 35.4866
  • Longitude: -78.1566

    Address

  • Full Address: 280 Old Cornwallis Rd
  • Address - House Number: 280
  • 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: $53,823
  • Tax Rate Code Area: C,FR22

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 81
  • Final Value: 141,786
  • High Value: 163,652
  • Low Value: 119,919

    Market Valuation

  • Market Total Value: $68,130
  • Market Land Value: $23,810
  • Market Improvement Value: $44,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,130
  • Assessed Land Value: $23,810
  • Assessed Improvements Value: $44,320
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 280 Old Cornwallis Road built and last sold?
The property at 280 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 280 Old Cornwallis Road is $0.
What are some comparable homes to 280 Old Cornwallis Road?
There are currently no comparable homes to 280 Old Cornwallis Road.