2 months on rocket

1500 River Mill Dr Unit 310, Wake Forest, NC, 27587

$489,000

Home List Price

$5,807*

Closing Credit

3 Bedrooms
2 Full Baths
1,210 SqFt
$404/SqFt
Condo

Location

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1500 River Mill Dr Unit 310, Wake Forest$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot, Unassigned
Year Built1854
HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump, Ceiling Fan(s)
MLS #10050576
StatusActive

About 1500 River Mill Dr Unit 310

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Warehouse
  • Year Built: 1854
  • Living Area: 1,210 SqFt

Listing Office:

  • Office Name: Grist Realty Inc
  • Office Phone: (919) 438-1909
  • Listing Agent: Hugh Grist

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Smooth Ceilings, Track Lighting, Walk-In Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: None, Courtyard, Garden

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot, Unassigned

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Old Falls of Neuse north from Falls Lake Dam, first right, park in upper lot and use upper entrance bridge

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000
  • Price Per SqFt: $404/SqFt

HOA Fees:

  • Amount: $448
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Wake Forest, NC.

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Wake Forest, NC

City

Med. Sold Price

$533.5K

Med. Price/SqFt

$212

Avg. Days On Market

49

# of Sold Homes

127

1500 River Mill Dr Unit 310 vs Wake Forest

80 DAYS ON ROCKET

+31 Days

$489,000

-$44.5K Less

$404/SqFt

+$192 More

KEY TAKEAWAY

This property is $44.5K less than the Median Sold Price and $192/SqFt more than other homes in Wake Forest, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10050576

Listing Office:

  • Office Name: Grist Realty Inc
  • Office Phone: (919) 438-1909
  • Listing Agent: Hugh Grist

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,956

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,533

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1078881
5
/10

  • Wakefield Elementary School

  • 2400 Wakefield Pines Dr

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-1078882
4
/10

  • North Forest Pines Elementary School

  • 11501 Forest Pines Dr

  • 1.92 miles

  • Public District Grades PK-5

school-card-donut-1078883
4
/10

  • Forest Pines Drive Elementary School

  • 11455 Forest Pines Dr

  • 1.94 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,161. Most Wake Forest, NC residents have annual incomes between $35k-100k. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1500 River Mill Dr Unit 310

What is the listing price of this property?

The listing price of 1500 River Mill Dr Unit 310 property is $489,000.

What type of property is this?

The property 1500 River Mill Dr Unit 310 is a condo located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 1500 River Mill Dr Unit 310 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1500 River Mill Dr Unit 310 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1500 River Mill Dr Unit 310 is 1,210 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1500 River Mill Dr Unit 310 is 1854.

Rocket Homes›North Carolina›Wake County›Wake Forest›27587›1500 River Mill Dr Unit 310

This home is located at 1500 River Mill Dr Unit 310 in Wake Forest, NC and zip code 27587 in the Wakefield Plantation neighborhood. This 1,210 square foot home was built in 1854. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $489,000.

In October 2024 more than 15 listings in Wake Forest, NC were sold above the asking price. During the same period more than 47 listings were sold at asking price, while more than 65 were sold below. In October 2024 in Wake Forest, NC there were 4.8% less homes for sale than in September 2024. While the average time on the market in October 2024 was 49 days, the median list price was $533,564.

From Rocket Homes Real Estate and based on county public records data.

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