$299,900

1500 River Mill Dr Unit 111 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated payment $2,150/month

Total Views 228
2 Beds
2.5 Baths
913 Sq Ft
$328 Price per Sq Ft

Highlights

  • River Front
  • Wood Flooring
  • Brick or Stone Mason
  • Wakefield Middle Rated A-
  • Main Floor Primary Bedroom
  • Views

About This Home

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.

Listing Agent

Frank DeRonja

Corcoran DeRonja Real Estate License #203046 Listed on: 08/19/2025

Co-Listing Agent

Chelsea Ward

Corcoran DeRonja Real Estate License #351593

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1854 | Remodeled in 1980

Lot Details

  • 436 Sq Ft Lot
  • River Front
  • Property fronts a private road
  • Two or More Common Walls
  • Historic Home

HOA Fees

  • $434 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Lead Paint Disclosure
  • Stone

Interior Spaces

  • 913 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry in Bathroom
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Paved Parking
  • 2 Open Parking Spaces
  • Parking Lot

Schools

  • Wakefield Elementary And Middle School
  • Wakefield High School

Utilities

  • Central Heating and Cooling System
  • Community Sewer or Septic

Additional Features

  • Patio
  • In Flood Plain

Community Details

  • Association fees include maintenance structure, road maintenance
  • Real Manage Association, Phone Number (919) 706-0094
  • River Mill Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1729477940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$985

Year Built

Built in 1854 | Remodeled in 1980

Lot Details

0

HOA Fees

$434 per month

Listing Details

  • Year Built: 1854
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Road Frontage Type: Private Road
  • Reso Association Fee Includes: Maintenance Structure, Road Maintenance
  • Co List Office Mls Id: 72550
  • Co List Office Phone: 919-443-3123
  • Subdivision Name: River Mill Condos
  • Above Grade Finished Sq Ft: 913.0
  • Architectural Style: Local Historic Designation
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Effective Year Built: 1980
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • General Property Information Association Phone: 919-706-0094 x 2
  • General Property Information Senior Community YN: No
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Sewer Community Sewer: Yes
  • General Property Information Monthly Association Fees2: 433.69
  • General Property Information Above Grade Finished Area: 913.0
  • Disclosures Lead Based Paint: Yes
  • Structure Type Multi Family: Yes
  • Lot Features Flood Plains: Yes
  • Frontage Type River: Yes
  • General Property Information Lot Size Square Feet2: 435.6
  • Architectural Style Local Historic Designation: Yes
  • General Property Information Lot Size Acres: 0.01
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1980

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Spa Features: None
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:WasherDryer: Yes
  • Laundry Features:In Unit: Yes
  • Laundry Features:In Bathroom: Yes

Exterior Features

  • Roof: Other
  • Fencing: None
  • Acres: 0.01
  • Waterfront: No
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: 2+ Common Walls
  • Construction Type: Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: On Site, Parking Lot, Paved
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Lot: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:On Site: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water, Public
  • Heating:Electric4: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 433.69
  • Association Fee Frequency: Monthly
  • Association Name: Real Manage
  • Phone: 919-706-0094 ext 2
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Real Manage
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:None: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 433.69
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 435.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 1729477940

Tax Info

  • Tax Annual Amount: 985.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Wakefield

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,080 $341,324 $0 $341,324
2023 $700 $225,029 $0 $225,029
2022 $650 $225,029 $0 $225,029
2021 $811 $225,029 $0 $225,029
2020 $502 $225,029 $0 $225,029
2019 $532 $154,217 $0 $154,217
2018 $490 $154,217 $0 $154,217
2017 $465 $154,217 $0 $154,217
2016 $557 $154,217 $0 $154,217
2015 $547 $151,645 $0 $151,645
2014 $519 $151,645 $0 $151,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $299,900 -- $328 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,000 None Available
Warranty Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,000 Adjustable Rate Mortgage/ARM
Closed $21,750 Credit Line Revolving
Previous Owner $101,650 No Value Available
Source: Public Records

Source: Doorify MLS

MLS Number: 10116742

Doorify MLS

APN: 1729.01-47-7940-019