1500 River Mill Drive Unit 310
Wake Forest, NC 27587
- 3 beds
- 2 baths
- 1,210 sqft
- $404 per sqft
- 1854 build
- – on site
Nestled by the headwaters of the Neuse River at Falls Lake Dam, this beautifully renovated 3Bd 2Bt condo offers a single-level lifestyle accentuated by a profound connection to nature. This is the largest floor plan in the building and owners benefit from a historic low-tax incentive! The 1210sf condo boasts hardwood floors, exposed steel beams, and expansive industrial-sized windows that flood the space with natural light. Custom closets offer storage solutions. The no-step entry from the parking lot ensures single-level accessibility, making it perfect for empty nesters or down-sizers. Monthly rentals are allowed so consider this a great second investment home! With industrial use dating back to the Revolutionary War, this property holds a unique place as one of NC's oldest industrial manufacturing sites. Converted to condos in the mid-80s, it rests upon 17 acres of undisturbed land that flanks the river. Residents indulge in a myriad of outdoor activities, from trail walks and fireside gatherings by the water to fishing expeditions and al fresco dining in the gazebo. Nature enthusiasts can partake in heron-watching while quick access to the 30-mile paved Neuse River Greenway beckons those seeking biking adventures.
Last checked:
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Last updated Feb 19, 2025
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MLS# 10050576 —
The Building
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Year Built:1854
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Year Built Effective:2020
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New Construction:false
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Construction Materials:Stone Veneer
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Architectural Style:Warehouse
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Roof:Rubber
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Foundation Details:Slab
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Levels:Two
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Basement:false
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Window Features:Aluminum Frames
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Accessibility Features:Accessible Entrance
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Building Area Total:1210
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Building Area Units:Square Feet
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Above Grade Finished Area:1210
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
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Unit Number:310
Interior
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Rooms Total:5
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Interior Features:Ceiling Fan(s)
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Flooring:Carpet
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Laundry Features:Common Area
Room Dimensions
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Living Area:1210
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Living Area Units:Square Feet
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Living Area Source:Plans
Location
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Directions:Old Falls of Neuse north from Falls Lake Dam, first right, park in upper lot and use upper entrance bridge
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Latitude:35.941576
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Longitude:-78.57859
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Coordinates:-78.57859, 35.941576
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Parcel Number:1729477940
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Exterior Features:Courtyard
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Other Structures:Gazebo
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Fencing:None
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (919) 601-8672
- Office phone:
- (919) 438-1909
Taxes
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Tax Annual Amount:1132
Beds
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Bedrooms Total:3
Baths
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Total Baths:2
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Wake - Wakefield
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Middle Or Junior School:Wake - Wakefield
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High School:Wake - Wakefield
The Community
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Subdivision Name:River Mill Condos
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Community Features:Fishing
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Association Amenities:Laundry
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Association:true
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Association Fee:448.72
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Association Fee Includes:Insurance
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Association Fee Frequency:Monthly
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Parking Lot
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Open Parking:true
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Open Parking Spaces:2
Monthly cost estimate

Asking price
$489,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,618
|
Taxes | $94 |
Insurance | $134 |
HOA fees | $449 |
Utilities | $150 See report |
Total | $3,445/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/4/24
Sep 4, 2024
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Listed / Active | DMLS | $489,000 | 88.8% (20.4% / YR) |
5/1/20
May 1, 2020
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DMLS | $259,000 | 40.0% (35.4% / YR) | |
3/15/19
Mar 15, 2019
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DMLS | $185,000 |