NOT LISTED FOR SALE

1500 River Mill Dr Unit 312 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $338,000 - $380,000

3 Beds
2 Baths
1,200 Sq Ft
436 Sq Ft Lot

Highlights

  • Wood Flooring
  • Outdoor Kitchen
  • Laundry Room
  • Wakefield Middle Rated A-
  • Living Room
  • Central Air

About This Home

As of February 2023

Available for 2/10 move in. Great 3 bedroom, 2 story condo in Historic River Mill on Neuse River and next to Falls Lake. Enjoy urban style living in this nature lover's setting. Maple hardwoods and 2 foot thick granite walls on main level enhance natural setting and daylight pours through the 9 ft tall windows. 1st floor bedroom great for office or studio. Spiral stairs lead to 2 additional bedrooms on 2nd floor. Newer HVAC system and windows improve energy efficiency. 2 adult fixed pets permitted with $300 pet fee. No smoking.

Last Agent to Rent the Property

Lisa Holmes

HRW Realty Corp. License #175353 Listed on: 02/07/2023

Last Renter's Agent

Lisa Holmes

HRW Realty Corp. License #175353 Listed on: 02/07/2023

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1854

Lot Details

  • 436

Parking

  • Off-Street Parking

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Kitchen

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $1,395
  • Property Available on 2/10/23
  • Tenant pays for electricity, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • River Mill Condos Subdivision
  • Park Phone (919) 783-1855

Pet Policy

  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1854

Lot Details

436 Sq Ft Lot

Rental Info

  • Tenant Pays: Electricity, Water
  • Lease Term: 12 Months
  • Available Date: 2023-02-10

Listing Details

  • Year Built: 1854
  • Prop. Type: Residential Lease
  • Subdivision Name: River Mill Condos
  • Above Grade Finished Sq Ft: 1200.0
  • Unit Levels: Two
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels Two: Yes
  • Room Types Dining Room2: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Available for 2/10 move in. Great 3 bedroom, 2 story condo in Historic Mill on Neuse River. Enjoy urban style living in this nature lover's setting. Maple hardwoods and 2 ft thick granite walls on main level enhance natural setting and daylight pours through the 9 ft tall windows. 1st floor bedroom good for office or studio. Spiral stairs lead to 2 additional bedrooms on 2nd floor. Newer HVAC system and windows improve energy efficiency. 2 adult fixed pets permitted with $300 pet fee. No smoking.
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2023-02-10
  • Contract Information Security Deposit2: 1395.0
  • General Property Information Above Grade Finished Area: 1200.0
  • Contract Information ManagerOwner Phone: 919-783-1855
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Laundry2: Yes
  • General Property Information:Living Area3: 1200.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen
  • Exterior Features:Outdoor Kitchen: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2000
Sold by
Scarborough Judith F
Bought by
Ashley Jannice
Current Estimated Value
$358,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Outstanding Balance
$50,824
Interest Rate
12.04%
Estimated Equity
$308,041
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Off Market $1,395 -- --
03/04/2023 03/04/23 Rented $1,395 0.0% --
02/25/2023 02/25/23 Under Contract -- -- --
02/25/2023 02/25/23 Rented $1,395 0.0% --
02/07/2023 02/07/23 For Rent $1,395 -- --
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 $0 $338,789
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2023

    Lisa Holmes

    HRW Realty Corp.

    (919) 783-1855

    1 in this area

    17 Total Sales

    Lisa Holmes
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2494035

Doorify MLS

APN: 1729.01-47-7940-033

North Carolina Wake County Wake Forest 27587 Falls Lake

1500 River Mill Dr Unit 312, Wake Forest, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.