Nestled by the headwaters of the Neuse River at Falls Lake Dam, this beautifully renovated 3Bd 2Bt condo offers a single-level lifestyle accentuated by a profound connection to nature. This is the largest floor plan in the building and owners benefit from a historic low-tax incentive! The 1210sf condo boasts hardwood floors, exposed steel beams, and expansive industrial-sized windows that flood the space with natural light. Custom closets offer storage solutions. The no-step entry from the parking lot ensures single-level accessibility, making it perfect for empty nesters or down-sizers. Monthly rentals are allowed so consider this a great second investment home!
Sold for $440,000
$440,000
1500 River Mill Dr APT 310, Wake Forest, NC 27587
3beds
1,210sqft
Condominium, Residential
Built in 1854
-- sqft lot
$436,600 Zestimate®
$364/sqft
$1,604 Estimated rent
Home value
$436,600
$415,000 - $458,000
$1,604/mo
Zestimate® history
Owner options
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$3,132/mo
Est. payment
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$3,132/mo
Est. payment
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List your homeWhat's special
Single-level lifestyleNatural lightSingle-level accessibilityHardwood floorsExposed steel beamsLargest floor planExpansive industrial-sized windows
Zillow last checked:
Listing updated:
Listed by:
Hugh Grist 919-601-8672,
Grist Realty Inc
Bought with:
Jason Dalton, 215303
Keller Williams Realty
Jarrett Jost, 277442
Keller Williams Realty
Source: Doorify MLS,MLS#: 10103946
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
- Laundry: Common Area, In Hall, Laundry Closet, Main Level, Multiple Locations
Features
- Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Smooth Ceilings, Track Lighting, Walk-In Shower
- Flooring: Carpet, Hardwood, Tile
- Windows: Aluminum Frames, Screens
Interior area
- Total structure area: 1,210
- Total interior livable area: 1,210 sqft
- Finished area above ground: 1,210
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot, Unassigned
- Uncovered spaces: 2
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Exterior features: Courtyard, Garden
- Fencing: None
- Has view: Yes
Details
- Additional structures: Gazebo
- Parcel number: 1729477940
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Warehouse
- Property subtype: Condominium, Residential
Materials
- Stone Veneer
- Foundation: Slab
- Roof: Rubber
Condition
- New construction: No
- Year built: 1854
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Fishing
- Subdivision: River Mill Condos
HOA
- Has HOA: Yes
- Amenities included: Laundry, Maintenance Grounds, Parking, Picnic Area, Trail(s), Trash
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Road Maintenance, Sewer, Storm Water Maintenance, Trash
- HOA fee: $471 monthly
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $364/sqft
- Tax assessed value: $358,363
- Annual tax amount: $1,132
- Date on market: 6/18/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Sold | $440,000-2.2%$364/sqft |
Source:  Doorify MLS #10103946 Report a problem | ||
| 8/19/2025 | Pending sale | $450,000$372/sqft |
Source: Doorify MLS #10103946 Report a problem | ||
| 6/18/2025 | Listed for sale | $450,000-8%$372/sqft |
Source: Doorify MLS #10103946 Report a problem | ||
| 5/2/2025 | Listing removed | $489,000$404/sqft |
Source: Doorify MLS #10050576 Report a problem | ||
| 10/17/2024 | Listed for sale | $489,000$404/sqft |
Source: Doorify MLS #10050576 Report a problem | ||
| 9/24/2024 | Listing removed | $489,000$404/sqft |
Source: Doorify MLS #10050576 Report a problem | ||
| 9/4/2024 | Listed for sale | $489,000-2%$404/sqft |
Source: Doorify MLS #10050576 Report a problem | ||
| 8/1/2024 | Listing removed | -- |
Source: Doorify MLS #10021817 Report a problem | ||
| 4/11/2024 | Listed for sale | $499,000+1.8%$412/sqft |
Source: Doorify MLS #10021817 Report a problem | ||
| 10/1/2022 | Listing removed | -- |
Source: Doorify MLS #2453252 Report a problem | ||
| 8/30/2022 | Price change | $489,999-1%$405/sqft |
Source: Doorify MLS #2453252 Report a problem | ||
| 7/20/2022 | Price change | $494,999-1%$409/sqft |
Source: Doorify MLS #2453252 Report a problem | ||
| 7/9/2022 | Listed for sale | $499,997$413/sqft |
Source: Doorify MLS #2453252 Report a problem | ||
| 7/6/2022 | Pending sale | $499,997$413/sqft |
Source: Doorify MLS #2453252 Report a problem | ||
| 6/20/2022 | Price change | $499,9970%$413/sqft |
Source: Doorify MLS #2453252 Report a problem | ||
| 6/10/2022 | Listed for sale | $499,999+93%$413/sqft |
Source: Doorify MLS #2453252 Report a problem | ||
| 5/1/2020 | Sold | $259,000-5.5%$214/sqft |
Source: Doorify MLS #2300576 Report a problem | ||
| 3/9/2020 | Pending sale | $274,000$226/sqft |
Source: Berkshire Hathaway HomeServices YSU #2300576 Report a problem | ||
| 2/6/2020 | Listed for sale | $274,000+1.5%$226/sqft |
Source: Berkshire Hathaway HomeServices YSU #2300576 Report a problem | ||
| 12/21/2019 | Listing removed | $269,900$223/sqft |
Source: Fonville Morisey/Stonehenge Sales Office #2267581 Report a problem | ||
| 11/4/2019 | Price change | $269,900-3.2%$223/sqft |
Source: Fonville Morisey/Stonehenge Sales Office #2267581 Report a problem | ||
| 9/20/2019 | Price change | $278,900-2.8%$230/sqft |
Source: Fonville Morisey/Stonehenge Sales Office #2267581 Report a problem | ||
| 8/12/2019 | Price change | $287,000-3%$237/sqft |
Source: Fonville Morisey/Stonehenge Sales Office #2267581 Report a problem | ||
| 7/17/2019 | Listed for sale | $296,000+60%$245/sqft |
Source: Fonville Morisey/Stonehenge Sales Office #2267581 Report a problem | ||
| 3/17/2019 | Listing removed | $185,000$153/sqft |
Source: Allen Tate/Raleigh-Glenwood #2211361 Report a problem | ||
| 3/15/2019 | Sold | $185,000+77.9%$153/sqft |
Source: Doorify MLS #2211361 Report a problem | ||
| 9/29/1998 | Sold | $104,000$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,166 +2.9% | $358,363 |
| 2024 | $1,133 +48.3% | $358,363 +87.8% |
| 2023 | $764 +7.7% | $190,848 |
| 2022 | $709 +2.7% | $190,848 |
| 2021 | $691 +1.6% | $190,848 |
| 2020 | $679 -5.1% | $190,848 +12% |
| 2019 | $716 | $170,378 |
| 2018 | $716 | $170,378 |
| 2017 | -- | $170,378 |
| 2016 | -- | $170,378 +1.6% |
| 2015 | -- | $167,689 |
| 2014 | -- | $167,689 |
| 2013 | -- | $167,689 |
| 2012 | -- | $167,689 |
| 2011 | -- | $167,689 |
| 2010 | -- | $167,689 |
| 2009 | -- | $167,689 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Neighborhood: 27587
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Nearby schools
GreatSchools rating
- 5/10Wakefield ElementaryGrades: PK-5Distance: 0.6 mi
- 8/10Wakefield MiddleGrades: 6-8Distance: 0.6 mi
- 8/10Wakefield HighGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Wake - Wakefield
- Middle: Wake - Wakefield
- High: Wake - Wakefield
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$436,600
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Estimated market value
$436,600
- North Carolina
- Wake County
- Wake Forest
- 27587
- 1500 River Mill Dr Apartment 310
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