3561 Mill Run Raleigh, NC 27612
Umstead NeighborhoodEstimated payment $1,921/month
Total Views
213
2
Beds
2
Baths
826
Sq Ft
$327
Price per Sq Ft
Highlights
- Traditional Architecture
- Covered Patio or Porch
- Central Heating and Cooling System
- Stough Elementary School Rated A-
- Luxury Vinyl Tile Flooring
- Dog Park
About This Home
Beautiful 2 Bedroom, 2 Bathroom Condo in Mill Ridge - 3561 Mill Run, Raleigh
Welcome to Mill Ridge! This spacious and well-maintained 2 bedroom, 2 bathroom condo offers comfort, convenience, and incredible location. The home has been a reliable rental for over 5 years and is now ready for its new owner. No rental cap makes it a fantastic opportunity for both homeowners and investors!
Each bedroom has its own private bath, making it perfect for roommates, guests, or a home office setup. The living room features a cozy fireplace and opens to a private covered porch with an additional storage closet. Situated on the 2nd floor, the condo provides a balance of accessibility and privacy.
Highlights:
2 bedrooms, 2 bathrooms with private en-suites
Open living room with fireplace
Private covered porch + storage closet
Located on the 2nd floor
No rental cap - great for investors
Prime Location:
Just minutes from I-40, 440, and 540, this condo offers unbeatable access to all of Raleigh. Enjoy the convenience of being across the street from Harris Teeter, restaurants, and shops, with quick access to:
Umstead Park
NC Museum of Art (NCMA)
UNC Rex Hospital
NC State Fairgrounds
Carter-Finley Stadium
Lenovo Campus
Whether you're looking for your first home, a low-maintenance lifestyle, or a strong investment property, this Mill Ridge condo checks all the boxes.
✨ Don't miss your chance to own in one of Raleigh's most convenient communities!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,312
Year Built
- Built in 1984
HOA Fees
- $256 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
Interior Spaces
- 826 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Fireplace Features Masonry
- Living Room with Fireplace
- Luxury Vinyl Tile Flooring
- Unfinished Attic
Kitchen
- Electric Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- 2 Parking Spaces
- Parking Lot
- Assigned Parking
Schools
- Stough Elementary School
- Oberlin Middle School
- Broughton High School
Utilities
- No Cooling
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Covered Patio or Porch
- 1 Common Wall
Listing and Financial Details
- Assessor Parcel Number 0785.11-55-5568 0134721
Community Details
Overview
- Association fees include ground maintenance, maintenance structure, road maintenance
- Mill Ridge Condominium Association, Phone Number (919) 870-0337
- Mill Ridge Condominiums Subdivision
- Maintained Community
- Community Parking
Recreation
- Dog Park
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,312 | $263,952 | $0 | $263,952 |
| 2023 | $1,492 | $147,382 | $0 | $147,382 |
| 2022 | $1,387 | $147,382 | $0 | $147,382 |
| 2021 | $1,454 | $147,382 | $0 | $147,382 |
| 2020 | $1,285 | $147,382 | $0 | $147,382 |
| 2019 | $1,071 | $90,701 | $0 | $90,701 |
| 2018 | $1,011 | $90,701 | $0 | $90,701 |
| 2017 | $964 | $90,701 | $0 | $90,701 |
| 2016 | $944 | $90,701 | $0 | $90,701 |
| 2015 | $917 | $86,662 | $0 | $86,662 |
| 2014 | $871 | $86,662 | $0 | $86,662 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $270,000 | -- | $327 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $153,000 | None Available | |
| Warranty Deed | $86,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $104,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $85,000 | New Conventional | |
| Previous Owner | $83,350 | FHA | |
| Previous Owner | $83,350 | FHA | |
| Previous Owner | $83,950 | FHA |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10116979
APN: 0785.11-55-5568-047
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