$325,000
SOLD DEC 8, 2023

1500 River Mill Dr Unit 110 Wake Forest, NC 27587

Falls Lake Neighborhood
2 Beds
2.5 Baths
876 Sq Ft
$565/mo HOA Fee

Recently Sold

$371 Per Sq Ft

1 Day on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Brick or Stone Mason
  • Wakefield Middle Rated A-
  • Quartz Countertops
  • <<tubWithShowerToken>>

About This Home

As of December 2023

Stunning Hidden Gem right on the Neuse River! Located in an Old Mill Building built in 1847 that has been Converted into condos. Recently renovated with an Open floor plan, exposed stone wall and wood beams. Almost everything is new. Refinished original mill hardwood floors upstairs. New LVP Downstairs. New HVAC and Water Heater. Kitchen features new stainless steel appliances, tile backsplash and quartz countertops. Newly painted Spiral staircase leads to 2nd floor complete with 2 Bedrooms and updated Bathrooms. Private fenced in courtyard with new back fence. Scraped ceilings, Freshly painted walls and trim. All new light fixtures and many many extras. Lovely community with access to community garden, walking trails, gazebo, fishing, kayaking and walking distance to Falls Lake! Please do not forget to walk to the front of building and take in the wonderful water views! Each unit gets 2 parking spots

Last Agent to Sell the Property

LORI WALLS

Allen Tate/Raleigh-Falls Neuse License #274535 Listed on: 11/15/2023

Allen Tate/Raleigh-Falls Neuse

Last Buyer's Agent

Donna Kunath

Intracoastal Realty Corp License #338771

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1854

Lot Details

  • Landscaped
  • Historic Home

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 876 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laundry on main level

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • <<tubWithShowerToken>>
  • Walk-in Shower

Outdoor Features

  • Patio

Schools

  • Wakefield Elementary And Middle School
  • Wakefield High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include maintenance structure, sewer, trash
  • Hrw Association
  • Assessment Association
  • River Mill Condos Subdivision

Recreation

  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,379

Year Built

Built in 1854

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Year Built: 1854
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure, Sewer, Trash
  • Subdivision Name: River Mill Condos
  • Above Grade Finished Sq Ft: 876.0
  • Architectural Style: Local Historic Designation, Warehouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: see tax
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Living Room2: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Association Name 2: Assessment
  • Sewer Community Sewer: Yes
  • General Property Information Above Grade Finished Area: 876.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 435.6
  • Architectural Style Local Historic Designation: Yes
  • General Property Information Lot Size Acres: 0.01
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), High Ceilings, Living/Dining Room Combination, Quartz Counters, Smooth Ceilings, Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Acres: 0.01
  • Construction Type: Stone
  • Patio And Porch Features: Patio
  • Lot Features:Landscaped: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association #2 Fee: 206.54
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 358.0
  • Association Fee Frequency: Monthly
  • Association: Assessment
  • Association Name: HRW
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: HRW
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 358.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 206.54
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Lot Dimensions: see tax
  • Lot Size Sq Ft: 435.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1379.0

MLS Schools

  • Elementary School: Wake - Wakefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 5, 2023
Sold by
Walls Richard and Walls Lori
Bought by
Perenyi Kenneth
Seller's Agent
LORI WALLS
Allen Tate/Raleigh-Falls Neuse
Buyer's Agent
Donna Kunath
Intracoastal Realty Corp
List Price
$325,000
Sold Price
$325,000
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.09%

Purchase Details

Closed on
Jan 27, 2023
Sold by
Shern Thomas
Bought by
Walls Richard and Walls Lori

Purchase Details

Closed on
Jan 14, 2000
Sold by
Jackson Kevin J and Jackson Wanda E
Bought by
Shern James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.88%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Warranty Deed $185,000 --
Warranty Deed $96,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,000 New Conventional
Previous Owner $29,000 Credit Line Revolving
Previous Owner $11,000 Credit Line Revolving
Previous Owner $99,200 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $81,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Price Changed $325,000 -3.0% $371 / Sq Ft
10/31/2024 10/31/24 Price Changed $335,000 -4.3% $382 / Sq Ft
07/10/2024 07/10/24 For Sale $350,000 +7.7% $400 / Sq Ft
12/08/2023 12/08/23 Sold $325,000 0.0% $371 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $325,000 -- $371 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,028 $324,635 $0 $324,635
2023 $700 $174,368 $0 $174,368
2022 $650 $174,368 $0 $174,368
2021 $633 $174,368 $0 $174,368
2020 $622 $174,368 $0 $174,368
2019 $649 $153,985 $0 $153,985
2018 $0 $153,985 $0 $153,985
2017 $567 $153,985 $0 $153,985
2016 $556 $153,985 $0 $153,985
2015 $546 $151,403 $0 $151,403
2014 $518 $151,403 $0 $151,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2542065

Doorify MLS

APN: 1729.01-47-7940-010