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1500 River Mill Drive

1500 River Mill Drive, Wake Forest, NC 27587
Condo in Wake
2 Units For Sale
Unit for sale at 1500 River Mill Drive, Wake Forest, NC 27587

$335,000

  • 2 Beds
  • 2 Baths
  • 900 ft²
1500 River Mill Drive #113, Wake Forest, NC 27587 Listing by Meredith Gilley

Unit for sale at 1500 River Mill Drive, Wake Forest, NC 27587

$375,000

  • 2 Beds
  • 2 Baths
  • 936 ft²
1500 River Mill Drive #APT112, Wake Forest, NC 27587 Listing by Beverly Bowyer

1500 River Mill Drive is a condo located in Wake, Wake Forest. 1500 River Mill Drive has a total of 100 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 19 closings on record, of which we have matching data for 7 listings. In the past 3 years, a listing in this building will typically remain on the market for about 75 days and tend to sell below the original asking price of $225,000 by 3.12%. Meaning, listings tend to sell at a median of $236 price per square foot. The transaction that took the longest to complete was unit 310, listed on Aug 23, 2018 for $185,000. This particular unit ultimately sold 204 days later for $185,000. The most recent transaction was for unit 101, which was first advertised on Nov 02, 2023, sold for $282,000 on Dec 12, 2023. Fun fact, the oldest transaction we have on record took place on Dec 15, 1993. 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 $335,000 for condo buildings. Meanwhile, the building itself has a median asking price of $225,000. For interested buyers, that means the building's median asking price is around 0.33% 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.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $375,000. It is a 936 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $335,000. It is a 900 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 2 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $355,000. Collectively, the median square footage of these active units for sale is 918 sqft. Active units for sale at 1500 River Mill Drive are mostly 2-bedroom apartments Active units for sale at 1500 River Mill Drive have a median count of 2 bedrooms and have a median count of 2 bathrooms.

Building Features

Exterior

Stone Exterior
Private Entrance

Parking

Assigned Parking
Parking Lot
Unassigned Parking
Paved Parking
Open Parking

Facilities

Laundry Room

Outdoor Space

Courtyard
Garden

Accessibility

ADA Access

Waterfront

Waterfront

Condition

Wooded Lot
Secluded Lot
Sloped Lot

Driveway

Driveway

Location

Private Lot

25 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20261026 Unit 110
10/26/2026
110
2 Bed
2 Bath
901 ft²
$299,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
901 ft²
-
-
CHRIS MARTIN
CENTURY 21 FIRST REALTY
20250819 Unit 111
08/19/2025
111
2 Bed
2 Bath
913 ft²
$299,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
913 ft²
$289,000 -3.63%
10/17/2025
Frank DeRonja
DeRonja Real Estate
20250618 Unit 310
06/18/2025
310
3 Bed
2 Bath
1210 ft²
$450,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1210 ft²
$440,000 -2.22%
09/08/2025
Hugh Grist
Grist Realty Inc
20240929 Unit 204
09/29/2024
204
1 Bed
1 Bath
694 ft²
$299,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
694 ft²
$287,450 -4.15%
12/20/2024
Kathy Beacham
Howard Perry & Walston Realtor
20240604 Unit 113
06/04/2024
113
2 Bed
2.5 Bath
907 ft²
$325,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
907 ft²
-
-
Kathy Beacham
Howard Perry & Walston Realtor
20231115 Unit 110
11/15/2023
110
2 Bed
2 Bath
876 ft²
$325,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
876 ft²
$325,000
12/08/2023
Lori Walls
Allen Tate/Raleigh-Falls Neuse
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
$282,000 -2.42%
12/12/2023
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
$300,000 +0.03%
10/05/2023
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
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
$251,500 +11.78%
10/29/2021
Kathy Beacham
Howard Perry & Walston Realtor
20210118 Unit 401
01/18/2021
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
HomeTowne Realty
20201013 Unit 113
10/13/2020
113
2 Bed
2 Bath
885 ft²
$225,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
885 ft²
$225,000
12/22/2020
Laura Howell
HomeTowne Realty
20200521 Unit 205
05/21/2020
205
1 Bed
1 Bath
684 ft²
$190,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
684 ft²
$183,000 -3.68%
07/09/2020
Amanda Alves
Compass -- Raleigh
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
Berkshire Hathaway HomeService
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
20190628 Unit 301
06/28/2019
301
1 Bed
1 Bath
603 ft²
$175,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
603 ft²
$175,000
07/29/2019
Melissa Schambs
Berkshire Hathaway HomeService
20190515 Unit 311
05/15/2019
311
3 Bed
2 Bath
1176 ft²
$225,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1176 ft²
$215,000 -4.44%
07/29/2019
Susan Abshire
Coldwell Banker HPW
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
$220,000
04/01/2019
Jennifer Lange
Howard Perry & Walston Realtor
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
$175,000
05/31/2019
Jennifer Lange
Howard Perry & Walston Realtor
20180823 Unit 310
08/23/2018
310
3 Bed
2 Bath
1215 ft²
$185,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1215 ft²
$185,000
03/15/2019
Chip Edwards
Allen Tate/Raleigh-Glenwood
20170730
07/30/2017
2 Bed
1.5 Bath
943 ft²
-
bedrooms
2 Bed
bathrooms
1.5 Bath
square feet
943 ft²
-
-
-
20170719 Unit 202
07/19/2017
202
2 Bed
2 Bath
912 ft²
$215,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
912 ft²
$215,000
08/25/2017
Chip Edwards
Allen Tate/Raleigh-Glenwood
20170717 Unit 113
07/17/2017
113
2 Bed
1 Bath
943 ft²
$170,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
943 ft²
$168,500 -0.88%
09/15/2017
Anita Oxford
Compass - Raleigh
20150603 Unit 104
06/03/2015
104
1 Bed
1 Bath
675 ft²
$138,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
675 ft²
$131,500 -4.71%
08/11/2015
Chip Edwards
Allen Tate/Raleigh-Glenwood


Building Info

Overview

    General

  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 39
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

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

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER MILL CONDOMINIUM
  • Land Acres: 0000000280
  • Standard Land Use Code: 1114
  • County Land Use Code: O
  • Legal Description 1: MASTER CARD CARD RIVER MILL CONDOMINIUMS

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 Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 01, 2006
  • Previous Sale Contract Date: Oct 31, 2006
  • Previous Sale Amount: $98,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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.
How many listings are currently for sale in 1500 River Mill Drive?
1500 River Mill Drive has a total of zero units in the building. There are two units for sale right now.
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 $225,000 , or $236/sqft. currently.