NOT LISTED FOR SALE

1613 River Mill Dr Unit B15 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $353,000 - $419,000

3 Beds
2.5 Baths
1,585 Sq Ft
$318/mo HOA Fee

Last Sold May 12, 2021

Last sale price $255,000 $161 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,461/month

2 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Vaulted Ceiling
  • Wakefield Middle Rated A-
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of May 2021

What a unique opportunity to be close to the Neuse River, Falls Lake Dam, Falls Lake, and all of the trails. River Mill has river access. It's time for a new chapter in the life of this condo. You will likely want to update a few things and to help showcase the potential there are virtual renovation photos. An inspection is available-no repairs to be made. HOA dues include water. Also in River Mill is an historic 1854 mill converted to condos. This townhouse-style unit was built in 1997 and is 1 of 16.

Last Agent to Sell the Property

Allen Smith

Team Encompass License #211988 Listed on: 04/13/2021

Last Buyer's Agent

Ginger Lynn

Allen Tate/Raleigh-Falls Neuse License #213895

Allen Tate/Raleigh-Falls Neuse

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1997

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Transitional Architecture

Interior Spaces

  • 1,585 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Open Floorplan
  • Basement
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • The property is located in a historic district

Schools

  • Wakefield Elementary And Middle School
  • Wakefield High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, water
  • Associa® H.R.W. Managemen Association
  • River Mill Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,463

Year Built

Built in 1997

Lot Details

0

HOA Fees

$318 per month

Parking

2

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Water
  • Subdivision Name: River Mill
  • Above Grade Finished Sq Ft: 1585.0
  • Architectural Style: Contemporary, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Shower Only: Yes
  • Attic Features Scuttle: Yes
  • Architectural Style Contemporary: Yes
  • Community Features Historical Area: Yes
  • Water Source Community Water: Yes
  • General Property Information Above Grade Finished Area: 1585.0
  • General Property Information Carport YN: No
  • General Property Information:Living Area3: 1585.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Kitchen/Dining Room Combination, Living/Dining Room Combination, Primary Downstairs, Shower Only, Vaulted Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Parking Lot
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water, Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Historical Area
  • Association Fee: 318.1
  • Association Fee Frequency: Monthly
  • Association Name: Associa® H.R.W. Managemen
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Associa® H.R.W. Managemen
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Water2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 318.1
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1463.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Wakefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Holland Susannah J and Holland Trevor
Bought by
Gift Barrett W and Gift Megan S
Current Estimated Value
$379,999

Purchase Details

Closed on
Nov 30, 2004
Sold by
Laudani David S
Bought by
Koger Susannah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1999
Sold by
Amirante Antoinette S
Bought by
Laudani David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Gift Barrett W $290,500 None Available
Gift Barrett W $290,500 None Listed On Document
Koger Susannah J $160,000 --
Laudani David S $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koger Susannah J $152,000
Previous Owner Laudani David S $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $255,000 -- --
05/12/2021 05/12/21 Sold $255,000 +6.3% $161 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $240,000 -- $151 / 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
2025 $2,045 $316,625 -- $316,625
2024 $1,986 $316,625 -- $316,625
2023 $1,648 $208,839 $0 $208,839
2022 $1,528 $208,839 $0 $208,839
2021 $1,488 $208,839 $0 $208,839
2020 $1,463 $208,839 $0 $208,839
2019 $1,421 $171,587 $0 $171,587
2018 $1,308 $171,587 $0 $171,587
2017 $1,240 $171,587 $0 $171,587
2016 $1,215 $171,587 $0 $171,587
2015 $1,131 $160,018 $0 $160,018
2014 -- $160,018 $0 $160,018
Source: Public Records

Agents Affiliated with this Home

  • Allen Smith

    Seller's Agent in 2021

    Allen Smith

    Team Encompass

    (919) 815-4414

    4 in this area

    50 Total Sales

    Allen Smith
    Section Image
  • Ginger Lynn

    Buyer's Agent in 2021

    Ginger Lynn

    Allen Tate/Raleigh-Falls Neuse

    (919) 624-3084

    6 in this area

    77 Total Sales

    Ginger Lynn
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2377376

Doorify MLS

APN: 1729.02-58-2064-009

North Carolina Wake County Wake Forest 27587 Falls Lake

1613 River Mill Dr Unit B15, Wake Forest, NC

Not Listed for Sale

Condos

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