RENTED FEB 16, 2026

1500 River Mill Dr Unit 309 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $347,000 - $423,000

3 Beds
2 Baths
1,323 Sq Ft
1980 Built

Highlights

  • Parking available for a boat
  • Fishing
  • Partially Wooded Lot
  • Wakefield Middle Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of February 2026

Move in now to this top floor 3 bedroom upgraded Historic River Mill condo tucked away near the Neuse River headwaters and across from Falls Lake. Cooking will be a dream in the custom designed gorgeous kitchen which maximizes storage and includes stainless steel appliances, leather finished granite counters, glass front lighted cabinet and soft close drawers, recessed lighting and vintage style backsplash. Both full baths offer upgraded vanities and lighting too. The massive windows fill the space with daylight and high ceilings enhance this open concept plan. Hardwoods throughout the main level and 2 foot thick granite walls accentuate the natural setting of this historic mill condo located on the 17 acre park-like grounds on the Neuse River with a community garden, walking trails, kayaking and canoeing. The main level bedroom is great for an office or guest room. Spiral stairs lead to the 2 additional bedrooms and another full bath on the 2nd floor. Water is included in the rent. A laundry room with free use of washer and dryer is on each floor of the Mill building. A front load washer is included in this condo, but not warranted. No pets or smoking permitted.

Last Agent to Rent the Property

Lisa Holmes

HRW Realty Corp. License #175353 Listed on: 02/02/2026

Last Renter's Agent

Lisa Holmes

HRW Realty Corp. License #175353 Listed on: 02/02/2026

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • No Unit Above or Below
  • 1 Common Wall
  • Partially Wooded Lot
  • Landscaped with Trees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,323 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Built-In Electric Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces
  • Parking Lot
  • Parking available for a boat

Schools

  • Wakefield Elementary And Middle School
  • Wakefield High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Security Deposit $1,750
  • Property Available on 2/2/26
  • Tenant pays for electricity, insurance
  • The owner pays for association fees
  • 12 Month Lease Term
  • $75 Application Fee

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance, road maintenance, trash, water
  • River Mill Association, Phone Number (866) 473-2573
  • River Mill Condos Subdivision
  • Maintained Community
  • Community Parking

Recreation

  • Fishing
  • Trails

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1980 | Remodeled

Lot Details

0 Sq Ft Lot

Rental Info

  • Tenant Pays: Electricity, Insurance
  • Lease Term: 12 Months
  • Owner Pays: Association Fees
  • Available Date: 2026-02-02

Listing Details

  • Year Built: 1980
  • Prop. Type: Residential Lease
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance, Trash, Water
  • Subdivision Name: River Mill Condos
  • Above Grade Finished Sq Ft: 1323.0
  • Entry Level: 3
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Move in now to this top floor 3 bedroom upgraded Historic River Mill condo tucked away near the Neuse River headwaters and across from Falls Lake. Cooking will be a dream in the custom designed gorgeous kitchen which maximizes storage and includes stainless steel appliances, leather finished granite counters, glass front lighted cabinet and soft close drawers, recessed lighting and vintage style backsplash. Both full baths offer upgraded vanities and lighting too. The massive windows fill the space with daylight and high ceilings enhance this open concept plan. Hardwoods throughout the main level and 2 foot thick granite walls accentuate the natural setting of this historic mill condo located on the 17 acre park-like grounds on the Neuse River with a community garden, walking trails, kayaking and canoeing. The main level bedroom is great for an office or guest room. Spiral stairs lead to the 2 additional bedrooms and another full bath on the 2nd floor. Water is included in the rent. A laundry room with free use of washer and dryer is on each floor of the Mill building. A front load washer is included in this condo, but not warranted. No pets or smoking permitted.
  • General Property Information Association Phone: 866-473-2573
  • General Property Information Senior Community YN: No
  • General Property Information Enhanced Accessible2: No
  • Sewer Community Sewer: Yes
  • Utilities Water Connected: Yes
  • Common Walls No One Above: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2026-02-02
  • Contract Information Security Deposit2: 1750.0
  • General Property Information Above Grade Finished Area: 1323.0
  • Room Types Primary Bathroom Level: Second
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Vegetation Partially Wooded: Yes
  • Pets Allowed No2: Yes
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 1323.0
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Living/Dining Room Combination, Open Floorplan, Recessed Lighting, Smooth Ceilings
  • Appliances: Built-In Electric Range, Dishwasher, Electric Oven, Electric Water Heater, Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Built-In Electric Range: Yes
  • Community Features:Fishing: Yes

Exterior Features

  • Fencing: None
  • Common Walls: 1 Common Wall, No One Above
  • Patio And Porch Features: None
  • Lot Features:Landscaped: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:None18: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Boat, Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Lot: Yes
  • Association Amenities:Parking: Yes
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • Parking Features:Boat: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Fishing
  • Senior Community: No
  • HOA Rent Includes: Sewer, Trash Collection, Water
  • Association Fee Frequency: Monthly
  • Association Name: River Mill
  • Phone: 866-473-2573
  • Association: Yes
  • Fees Application Fee: 75.0

Association/Amenities

  • General Property Information:Association Name: River Mill
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Trash: Yes
  • Association Amenities:Water: Yes
  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

MLS Schools

  • Elementary School: Wake - Wakefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Durham Nicholas B
Bought by
October Properties Of The Carolinas Llc
Current Estimated Value
$379,328

Purchase Details

Closed on
Mar 15, 2019
Sold by
Thornton Megan and Young Megan
Bought by
Young Megan Jessica

Purchase Details

Closed on
Apr 30, 2018
Sold by
Rafael Martin
Bought by
Durham Nicholas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,400
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2009
Sold by
Schumann Kelly Michael W and Schumann Kelly Stephanie
Bought by
Soto Martin Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Cooper Gray
Bought by
Kelly Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
October Properties Of The Carolinas Llc -- --
October Properties Of The Carolinas Llc -- None Listed On Document
Young Megan Jessica -- None Listed On Document
Durham Nicholas B $186,000 None Available
Soto Martin Rafael $186,000 Chicago Title Insurance Co
Kelly Michael W $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durham Nicholas B $172,400
Previous Owner Soto Martin Rafael $176,700
Previous Owner Kelly Michael W $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2026 02/16/26 Rented $1,750 0.0% --
02/11/2026 02/11/26 Under Contract -- -- --
02/02/2026 02/02/26 For Rent $1,750 -2.8% --
02/14/2025 02/14/25 Rented $1,800 0.0% --
01/25/2025 01/25/25 Under Contract -- -- --
01/08/2025 01/08/25 For Rent $1,800 -- --
Source: Doorify MLS

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
2025 $1,103 $338,789 -- $338,789
2024 $1,072 $338,789 -- $338,789
2023 $764 $190,848 $0 $190,848
2022 $709 $190,848 $0 $190,848
2021 $691 $190,848 $0 $190,848
2020 $679 $190,848 $0 $190,848
2019 $716 $170,378 $0 $170,378
2018 $659 $170,378 $0 $170,378
2017 $626 $170,378 $0 $170,378
2016 $613 $170,378 $0 $170,378
2015 $602 $167,689 $0 $167,689
2014 $572 $167,689 $0 $167,689
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2026

    Lisa Holmes

    HRW Realty Corp.

    (919) 783-1855

    1 in this area

    17 Total Sales

    Lisa Holmes
    Section Image

  • L

    Buyer's Agent in 2025

    Lori Artz

    NC Pro Realty LLC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 10144157

Doorify MLS

APN: 1729.01-47-7940-030

North Carolina Wake County Wake Forest 27587 Falls Lake

1500 River Mill Dr Unit 309, Wake Forest, NC

Not Listed for Sale

Condos

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