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Under contract
  • $550,000

    7112 Key Point Drive, Wilmington, NC 28405

    3beds
    1,683sqft
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    Single Family Residence
    Built in 1994
    8,276 Square Feet Lot
    $533,700 Zestimate®
    $327/sqft
    $222/mo HOA

    What's special

    Welcome to easy, low-maintenance living in one of Wilmington's most sought-after communities--Covil Estates. Tucked away on a quiet, tree-lined street, this beautifully updated patio home offers the perfect combination of privacy, convenience, and carefree living. Whether you're looking for a primary residence or a lock-and-leave coastal retreat, this home is ready for you to move in and enjoy from day one.The location is hard to beat. Just minutes from Mayfaire Town Center, Landfall Shopping Center, and everyday conveniences, you'll also be only a short bike ride from the sandy shores of Wrightsville Beach, making it easy to enjoy the best of Wilmington's coastal lifestyle.Inside, you'll find a thoughtfully updated interior featuring renovated bathrooms, an updated kitchen, and new flooring recently installed. The well-designed split-bedroom floor plan provides both comfort and privacy. The spacious primary suite is tucked away on one side of the home, creating a peaceful retreat complete with its own private bath, while two guest bedrooms are located on the opposite side, making them ideal for family, visitors, or a home office.The kitchen flows seamlessly into the formal dining area, creating an inviting space for everyday meals and entertaining. The cozy living room is centered around a gas-log fireplace and opens directly onto a private patio, offering the perfect place to enjoy your morning coffee or unwind after a day at the beach. Outside, you'll appreciate the generously sized, fully fenced backyard--a rare find for a patio home. Whether you're entertaining friends, gardening, or simply enjoying the privacy, this outdoor space provides endless possibilities.Residents of Covil Estates enjoy an exceptional lifestyle with amenities that include a sparkling community pool and tennis courts. Even better, the HOA provides lawn maintenance from the fence to the street, making it easy to spend less time on yard work and more time enjoying everything Wilmington has to offer--all for a remarkably reasonable HOA fee.Move-in-ready homes in Covil Estates are rarely available. With tasteful updates, a private backyard, low-maintenance living, and an unbeatable location!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick A Alderson 910-515-3977,

    Flat Fee Realty and Management LLC

    Source: Hive MLS,MLS#: 100585243MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Dining Room, Living Room, Master Bedroom, Bedroom 1, Bedroom 2
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Refrigerator, Dryer, Disposal, Dishwasher
      Features
      • Ceiling Fan(s), Blinds/Shades, Gas Log
      • Flooring: LVT/LVP, Carpet, Tile
      • Windows: Thermal Windows
      • Attic: Pull Down Stairs
      • Has fireplace: Yes
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 1,683
      • Total interior livable area: 1,683 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Off Street, Paved
      • Attached garage spaces: 2
      • Details: Pad
      Features
      • Levels: One
      • Patio & porch: Patio
      • Exterior features: Irrigation System
      • Fencing: Back Yard
      • Has view: Yes
      • View description: See Remarks
      • Frontage type: See Remarks
      Lot
      • Size: 8,276 Square Feet
      Details
      • Parcel number: R04417004014000
      • Zoning: R-15
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Foundation: Slab
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Covil Estates
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Pool, Tennis Court(s)
      • HOA fee: $2,664 annually
      • HOA name: Covil Estates HOA
      • HOA phone: 910-799-4779
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $327/sqft
      • Tax assessed value: $526,700
      • Annual tax amount: $1,993
      • Date on market: 7/1/2026
      • Cumulative days on market: 8 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Paved

        Estimated market value

        $533,700

        $507,000 - $560,000

        $2,792/mo

        Price history

        DateEventPrice
        7/3/2026Contingent$550,000$327/sqft
        Source: Hive MLS #100585243 Report a problem
        7/1/2026Listed for sale$550,000+10%$327/sqft
        Source: Hive MLS #100585243 Report a problem
        7/17/2025Listing removed$2,549$2/sqft
        Source: Zillow Rentals Report a problem
        7/15/2025Price change$2,549-1.9%$2/sqft
        Source: Zillow Rentals Report a problem
        6/17/2025Price change$2,599-1.9%$2/sqft
        Source: Zillow Rentals Report a problem
        5/28/2025Price change$2,649-1.9%$2/sqft
        Source: Zillow Rentals Report a problem
        5/16/2025Listed for rent$2,6990%$2/sqft
        Source: Zillow Rentals Report a problem
        9/26/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/20/2023Price change$2,700-1.8%$2/sqft
        Source: Zillow Rentals Report a problem
        9/6/2023Price change$2,750-1.8%$2/sqft
        Source: Zillow Rentals Report a problem
        8/29/2023Listed for rent$2,800$2/sqft
        Source: Zillow Rentals Report a problem
        9/13/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        9/1/2022Listed for rent$2,800+100.1%$2/sqft
        Source: Zillow Rental Network Premium Report a problem
        5/9/2022Listing removed--
        Source: Owner Report a problem
        4/30/2022Listed for sale$500,000+78.6%$297/sqft
        Source: Owner Report a problem
        9/16/2016Listing removed$1,399+7.6%$1/sqft
        Source: Intracoastal Realty Rentals #100027458 Report a problem
        7/12/2012Listing removed$1,300$1/sqft
        Source: Intracoastal Realty Corporation Report a problem
        7/6/2012Listed for rent$1,300+18.2%$1/sqft
        Source: Intracoastal Realty Corporation Report a problem
        6/23/2011Listing removed$1,100$1/sqft
        Source: Intracoastal Realty Corporation Report a problem
        6/7/2011Listed for rent$1,100$1/sqft
        Source: Intracoastal Realty Corporation Report a problem
        7/10/2006Sold$279,900$166/sqft
        Source: Hive MLS #30367886 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,067 +26.1%$526,700 +75.7%
        2024$1,640 +0.4%$299,700
        2023$1,634 -0.9%$299,700
        2022$1,649 -0.3%$299,700
        2021$1,653 +13.5%$299,700 +30.1%
        2020$1,457 $230,300
        2019$1,457 $230,300
        2018$1,457 $230,300
        2017$1,457 $230,300 +18.7%
        2016-- $194,100
        2015$1,250 +1.7%$194,100
        2014$1,229 $194,100
        2013-- $194,100
        2012-- $194,100 -30.4%
        2011-- $279,020
        2010-- $279,020
        2009-- --
        2008-- --
        2007-- --
        2005-- $163,947
        2004-- $163,947
        2003-- $163,947
        2002-- $163,947
        2001-- $163,947
        2000-- $163,947

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ogden

        Getting around

        34 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Blair
        • Middle: Noble
        • High: New Hanover

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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