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Sold on 10/17/2025
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1500 River Mill Dr #111, Wake Forest, NC 27587

$332,500

Last sold 10/17/2025 for $289K

  • 2

    bed

  • 3

    bath

  • 913

    Sqft ($317/Sqft)

Condominium not for sale

About 1500 River Mill Dr #111

Property type Condominium
Year built 1854
HOA fee $434/month
Lot size 436 Sqft
Movoto estimate
Rental estimate
Property description
Stunning Historic Condo on the Neuse River at River Mill - Discover one of the Triangle's most unique communities—River Mill, a historic treasure dating back to the 1850s. Set on more than 20 picturesque acres along the Neuse River, this hidden gem combines timeless character with modern comfort in a truly one-of-a-kind setting. This condo is a blank slate, showcasing massive granite stone walls, wood floors, glazed terra cotta tile, and an open floor plan. The kitchen features granite countertops, while freshly painted walls and trim create a crisp, inviting interior. A private fenced courtyard provides garden space and is perfect for morning coffee, relaxing evenings, or entertaining outdoors. Upstairs, the primary bedroom offers soaring ceilings, hardwood floors, a striking exposed stone wall and ensuite bath. The second bedroom also highlights stone accents and hardwood floors, with convenient access to the second full bath. Life at River Mill is all about living with nature at your doorstep. Enjoy access to community gardens, walking trails, a gazebo, fishing, kayaking, and more—all just steps away. Falls Lake is within walking distance, and shopping, dining, are oh so close. Whether you're drawn to the history, the architecture, or the tranquil lifestyle, River Mill offers something truly special. Come live, walk, and relax beside the Neuse River—the River Mill lifestyle awaits.
Listed by
Listing Agent - Frank DeRonja
Listing Office - Corcoran DeRonja Real Estate
Source: Doorify MLS mls logo
MLS#10116742 • last updated 11 months ago
Movoto checked Doorify MLS for data 2 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Central, Electric
Levels/Style Two, Multi Family, Local Historic Designation
MLS # 10116742
Type Residential
Status Closed
SubType Condominium
Living Area 913
Lot Size (SqFt) 435.6
Lot Size (Acres) 0.01
Property Tax 985
Year Built 1854
HOA Real Manage
HOA Fee Monthly, 433.69
Interior
# of Half Baths 1
Total # of Bathrooms 3
# of Full Baths 2
Total # of Bedrooms 2
Total # of Rooms 4
Laundry In Bathroom, In Unit
Flooring Ceramic Tile, Hardwood
Appliances Dishwasher, Dryer, Electric Range, Refrigerator, Washer/Dryer
Common Walls 2+ Common Walls
Exterior
Foundation Slab
Roof Other
Construction Stone
# of Open Parking Spaces 2
Parking On Site, Parking Lot, Paved
# of Parking Spaces 2
Patio/Porch Patio
Lot Features Flood Plains, Views
Other Structures None
Fencing None
Amenities / Utilities
Sewer/Septic Community Sewer
Water Source Community Water, Public
Spa Desc None
HOA Fee Includes Maintenance Structure, Road Maintenance
HOA Amenities None
Pool None
Location
County Wake
Subdivision River Mill Condos
Elementary School Wake - Wakefield
Middle School Wake - Wakefield
High School Wake - Wakefield
APN 1729477940
Directions Falls Of Neuse To Old Falls Of Neuse. After You Cross The Neuse River Bridge, Take An Immediate Right Into The River Mill Condos--River Mill Drive--take Immediate Right Into Lower Parking Lot. The Entry Door Is In The Middle Of The Building.
Lot/ Land Details
Frontage River
Road Frontage Private Road
Road Responsibility Private Maintained Road
$332K
Range: $301K-$363K
Last 30 days 
Rental est.: $1,084/month
Gross rent multiplier: 22.2
  • Oct 2025
    mls logo MLS # 10116742
  • Oct 17, 2025 Sold
    $289,000
  • Aug 30, 2025 Pending
    —
  • Aug 19, 2025 Listed
    $299,900 (+51.5%)
  • Oct 2025
    Public Records
  • Oct 17, 2025 Sold
    $289,000 (-3.6%)
  • Oct 2014
    Public Records
  • Oct 15, 2014 Sold
    $198,000 (+27.7%)
  • Oct 2014
    mls logo MLS # 1946053
  • Oct 12, 2014 Pending
    —
  • Oct 3, 2014 Contingent
    —
  • Sep 30, 2014 Price Change
    $155,000 (-2.5%)
  • Jul 1, 2014 Price Change
    $159,000 (+2.6%)
  • May 1, 2014 Listed
    $155,000 (-6.1%)
  • May 1, 2014 Listed
    $165,000 (-11.8%)
  • Feb 2012
    mls logo MLS # 1819953
  • Feb 6, 2012 Listed
    $187,000
  • Year Property taxes Tax assessment
  • 2025
    $1,005 +2.9%
    $307,952
  • 2024
    $976 +39.5%
    $307,952 +76.61%
  • 2023
    $700 +7.7%
    $174,368
  • 2022
    $650 +2.7%
    $174,368
  • 2021
    $633 +1.6%
    $174,368
  • 2020
    $622 -4.1%
    $174,368 +13.24%
  • 2019
    $649 +14.3%
    $153,985
  • 2017
    $567 +4.0%
    $153,985
  • 2015
    $546
    —
  • 1500 River Mill Dr #111
    $289K
  • —
  • 27587
    $489K -6% y/y
  • Wake Forest
    $489K -6% y/y
No chart available
Statistics calculated by Movoto

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

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Source: GreatSchools.org © 2026. All rights reserved.

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