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1500 River Mill Drive

1500 River Mill Drive, Wake Forest, NC 27587
Condo in Wake
1500 River Mill Drive is a condo located in Wake, Wake Forest. 1500 River Mill Drive has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 9 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 80 days and tend to sell below the original asking price of $249,500 by 3.78%. Meaning, listings tend to sell at a median of $231 price per square foot. The transaction that took the longest to complete was unit 112, listed on Jan 10, 2020 for $224,000. This particular unit ultimately sold 101 days later for $217,000. The most recent transaction was for unit 401, which was first advertised on Jan 17, 2021, sold for $285,000 on Feb 25, 2021. Fun fact, the oldest transaction we have on record took place on Nov 26, 1997. See the full transaction history for 1500 River Mill Drive below.

Wake, where 1500 River Mill Drive is located, has a median asking price of $300,000 for condo buildings. Meanwhile, the building itself has a median asking price of $249,500. For interested buyers, that means the building's median asking price is around 0.17% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Parking Lot
Assigned Parking
This property description is generated based on publicly available data.

13 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231102 Unit 101
11/02/2023
101
1 Bed
1 Bath
611 ft²
$289,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
611 ft²
-
-
-
James McDermott
Berkshire Hathaway HomeService
20230914 Unit 304
09/14/2023
304
1 Bed
1 Bath
700 ft²
$299,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 ft²
-
-
-
Kathy Beacham
Howard Perry & Walston Realtor
20221007 Unit 204
10/07/2022
204
1 Bed
1 Bath
659 ft²
$339,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
659 ft²
-
-
-
Matthew Peedin
Keller Williams Realty Cary
20220603 Unit 310
06/03/2022
310
3 Bed
2 Bath
1323 ft²
$499,999
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1323 ft²
-
-
-
Adam Grossman
AMG Realty LLC
20220207 Unit 112
02/07/2022
112
2 Bed
3 Bath
965 ft²
$300,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
965 ft²
-
-
-
Alison Wojnarowski
EXP Realty
20210917 Unit 301
09/17/2021
301
1 Bed
1 Bath
648 ft²
$225,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
648 ft²
-
-
-
Kathy Beacham
Howard Perry & Walston Realtor
20210117 Unit 401
01/17/2021
401
3 Bed
2 Bath
1205 ft²
$285,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1205 ft²
$285,000
02/25/2021
Laura Howell
20201012 Unit 113
10/12/2020
113
2 Bed
3 Bath
885 ft²
$225,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
885 ft²
-
-
-
-
20200206 Unit 310
02/06/2020
310
3 Bed
2 Bath
1215 ft²
$274,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1215 ft²
$259,000 -5.47%
05/01/2020
Amy Brown
20200110 Unit 112
01/10/2020
112
2 Bed
3 Bath
900 ft²
$224,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
900 ft²
$217,000 -3.13%
04/20/2020
Erica McDowell
20190515 Unit 311
05/15/2019
311
3 Bed
3 Bath
1176 ft²
$225,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1176 ft²
$215,000 -4.44%
07/29/2019
Susan Abshire
20190122 Unit 306
01/22/2019
306
2 Bed
2 Bath
947 ft²
$220,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
947 ft²
-
-
-
-
20190110 Unit 307
01/10/2019
307
1 Bed
1 Bath
685 ft²
$175,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
685 ft²
-
-
-
-

Building Info

Overview

    General

  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Condo
  • Roof Shape Type: Flat
  • Floor Count: 1
  • Living Units: 39
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 935
  • Building Area: 715
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 672
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIVER MILL CONDOMINIUM
  • Land Acres: 0.28
  • Standard Land Use Code: Residential condominium development (association assessment)
  • Legal Description 1: MASTER CARD CARD RIVER MILL CONDOMINIUMS

Ownership

  • Current Owner : INGRAM BILLY SHERRILL
  • Previous Owner : EDGAR NEIL E
  • Previous Owner 2: EDGAR CINDY
  • Owner Before Previous Owner: EMMANUEL GARDENS INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054207

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0132372
  • District: 19
  • Parcel: 1729.01-47-7940 0132372
  • Municipality: WAKE FOREST
  • Latitude: 35.9416
  • Longitude: -78.5786

    Address

  • Full Address: 1500 River Mill Dr
  • Address - House Number: 1500
  • Address - Street Name: River Mill
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R011
  • 4-Digit Zip Code: 6277
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 504,552
  • High Value: 539,217
  • Low Value: 469,887

    Assessments Valuation

  • Assessed Year: 2022

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Transaction ID: 11774027394
  • Current Sale Price: $183,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 01, 2006
  • Previous Sale Contract Date: Oct 31, 2006
  • Previous Sale Amount: $98,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REDFIN MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 09, 2020
  • First Mortgage Loan Amount: $146,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: OHIO SAVINGS BANK FSB
  • Previous Mortgage Transaction Date: Nov 01, 2006
  • Previous Mortgage Loan Amount: $78,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About Wake



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Frequently Asked Questions

What neighborhood is 1500 River Mill Drive located in?
The 1500 River Mill Drive is a condo located in the neighborhood of Wake in Wake, Wake Forest.
What is the average sales price for listings in 1500 River Mill Drive?
The average sales price for units in 1500 River Mill Drive is $249,500 , or $231/sqft. currently.

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