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1500 River Mill Dr #101, Wake Forest, NC 27587

$290,500

Last sold 12/12/2023 for $282K

1
bed
1
bath
611
Sqft ($462/Sqft)

Condominium not for sale

About 1500 River Mill Dr #101

Property type Condominium

Year built 1854

HOA fee $301/month

Lot size 0.25 Acre

Movoto estimate

Rental estimate

Property description

THIS BEAUTIFUL, HISTORIC & TRANQUIL CONDO NESSELED ON THE NEUSE RIVER offers an open floor plan updated kitchen and bath, and extra large windows. As you walk through the front door, your eyes are drawn to the massive granite stone walls, characteristic of an era long past, merging with the updated clean lines of the general interior living space. This private community is a nature lovers paradise convenient to many outdoor activities such as hiking, trails, fishing, Kayaking, boating, biking and star gazing. Relax on the beautiful grounds and take in the stunning views of the majestic river and the abundance of this natural setting. Additionally, you are just a short distance to many modern- day amenities.

Listed by

Listing Agent - James McDermott

Listing Office - Berkshire Hathaway HomeService

Source: Doorify MLS

MLS#2540314 • last updated 11 months ago

Movoto checked Doorify MLS for data 2 minutes ago

Overview
Cooling/AC	Central Air, Electric
Heating	Electric, Heat Pump, None
Levels/Style	One, Site Built, Local Historic Designation, Warehouse
MLS #	2540314
Type	Residential
Status	Closed
SubType	Condominium
Living Area	611
Lot Size (SqFt)	10890
Lot Size (Acres)	0.25
Property Tax	544
Year Built	1854
HOA	HRW ASSOCIATES
HOA Fee	Monthly, 301.45

Interior
Total # of Bathrooms	1
# of Full Baths	1
Total # of Bedrooms	1
Total # of Rooms	3
Flooring	Ceramic Tile, Laminate
Appliances	Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator
Interior Features	Bookcases, Entrance Foyer, Granite Counters, High Ceilings

Exterior
Foundation	Stone
Construction	Stone
Parking	Parking Lot
Lot Features	Waterfront

Amenities / Utilities
Utilities	Cable Available
HOA Fee Includes	Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water
HOA Amenities	Trail(s)

Location
Body of Water	Neuse River
Waterfront	River Front
County	Wake
Subdivision	River Mill Condos
Elementary School	Wake - Wakefield
Middle School	Wake - Wakefield
High School	Wake - Wakefield
Zoning	R-30
Directions	North On Old Falls Of Neuse Rd, Right On River Mill Dr To Lower Parking Lot.

$290K

Range: $259K-$321K

Last 30 days

Rental est.: $1,113/month

• Gross rent multiplier: 21.1

Lower your payment with the loan terms that fit you.

Aug 2025
MLS # 10106094
Aug 2, 2025 Price Change
$279,900 (-6.7%)
Jun 26, 2025 Listed
$299,900 (+6.3%)
Dec 2023
MLS # 2540314
Dec 15, 2023 Sold
$282,000
Nov 8, 2023 Active
—
Nov 8, 2023 Pending
—
Nov 2, 2023 Listed
$289,000
Nov 2, 2023 Listed
$289,000 (-0.3%)
Dec 2023
Public Records
Dec 12, 2023 Sold
$282,000 (-2.4%)
Dec 2003
Public Records
Dec 15, 2003 Sold
$290,000

Year Property taxes Tax assessment
2025
$878 +2.9%

$268,380
2024
$853 +51.3%

$268,380 +92.3%
2023
$564 +7.7%

$139,560
2022
$524 +2.7%

$139,560
2021
$510 +1.6%

$139,560
2020
$502 -5.5%

$139,560 +11.38%
2019
$532 +14.2%

$125,302
2017
$465 +2.0%

$125,302
2016
$456 +2.1%

$125,302
2015
$447

—

1500 River Mill Dr #101
$282K
—
27587
$489K -6% y/y
Wake Forest
$489K -6% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft
1500 River Mill Dr #402, Wake Forest, NC 27587	$318,400	—/2	1,377
1500 River Mill Dr #401, Wake Forest, NC 27587	$346,200	3/2	1,377
1500 River Mill Dr #301, Wake Forest, NC 27587	$278,200	1/1	611
1500 River Mill Dr #201, Wake Forest, NC 27587	$290,000	1/1	611
1500 River Mill Dr #305, Wake Forest, NC 27587	$312,900	—/1	715
1500 River Mill Dr #205, Wake Forest, NC 27587	$302,500	1/1	715
1500 River Mill Dr #105, Wake Forest, NC 27587	$308,300	—/1	715
1500 River Mill Dr #311, Wake Forest, NC 27587	$345,900	3/2	1,323

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.