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Sold for $562,500
  • $562,500

    7240 Orchard Trace, Wilmington, NC 28409

    3beds
    2,359sqft
    Single Family Residence
    Built in 1994
    0.5 Acres Lot
    $557,400 Zestimate®
    $238/sqft
    $3,256 Estimated rent

    Home value

    $557,400

    $518,000 - $602,000

    $3,256/mo

    Zestimate® history
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    $3,318/mo

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    What's special

    Welcome to 7240 Orchard Trace — a prime corner-lot gem in Magnolia Plantation near Midtown Wilmington! Situated on a half-acre, this beautifully maintained 3-bedroom, 2.5-bath home offers a perfect blend of style, space, and location. Step under the striking copper porch roof and into a grand open foyer, where you're greeted by thoughtful architectural details — including graceful interior arches and elegant picture frame wall trim that add warmth and character throughout. To the left, you'll find a formal dining room; to the right, a flexible office or sitting room. From there, the home opens into a spacious eat-in kitchen and a bright, inviting living room, ideal for both daily living and entertaining. The primary suite is a true retreat with a tray ceiling, a generous bath featuring a double vanity, soaking tub, walk-in shower, and a large walk-in closet. Upstairs, a large media room offers flexibility as a potential 4th bedroom, complete with ample closet space and storage. Additional highlights include a 2017 new shingle roof, a fully encapsulated crawl space, fresh interior paint, an updated upstairs bath vanity, and tasteful design upgrades throughout for the discerning eye. Step outside to a large, private fenced backyard with a covered porch — perfect for outdoor living, entertaining, or simply enjoying the peaceful setting. The oversized two-car garage provides plenty of space for vehicles, boats, and beach toys, with Wrightsville Beach, Carolina Beach, and the Trails End boat ramp just minutes away. Located in a highly sought after school district. The home shines inside and offers a rare opportunity for the next owner to enhance a few exterior elements and update select systems to create a true forever home. Don't miss this chance to own a stunning home in a prime Wilmington location—schedule your private tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christian A Cardamone 910-262-3399,

    Aloha Wilmington Real Estate

    Bought with:

    Pinpoint Properties

    REAL Broker LLC

    Morgan Gardner, 295292

    REAL Broker LLC

    Source: Hive MLS,MLS#: 100503958MLS 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
    Primary bedroom
    • Level: Non Primary Living Area
    Dining room
    • Features: Formal
    Heating
    • Electric, Forced Air, Heat Pump
    Cooling
    • Central Air
    Features
    • Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Walk-in Shower, Walk-In Closet(s)
    • Flooring: Laminate, Tile, Wood
    • Basement: None
    Interior area
    • Total structure area: 2,359
    • Total interior livable area: 2,359 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, On Site
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: Partial,Back Yard
    Lot
    • Size: 0.5 Acres
    • Dimensions: 90 x 238 x 90.35 x 245.94
    • Features: See Remarks, Corner Lot
    Details
    • Parcel number: R06710005001000
    • Zoning: R-15
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Composition, Fiber Cement
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Magnolia Plantation
    HOA
    • Has HOA: No
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $360,800
    • Annual tax amount: $3,138
    • Date on market: 9/5/2025
    • Cumulative days on market: 42 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,See Remarks

    Price history

    DateEventPrice
    7/14/2025Sold$562,500$238/sqft
    Source: Hive MLS #100503958 Report a problem
    6/8/2025Contingent$562,500$238/sqft
    Source: Hive MLS #100503958 Report a problem
    5/21/2025Price change$562,500-1.3%$238/sqft
    Source: Hive MLS #100503958 Report a problem
    4/28/2025Listed for sale$570,000+114.3%$242/sqft
    Source: Hive MLS #100503958 Report a problem
    2/25/2005Sold$266,000$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,479 +10.8%$591,200 +63.9%
    2024$3,139 +3%$360,800
    2023$3,049 -0.6%$360,800
    2022$3,067 -0.7%$360,800
    2021$3,088 +0.3%$360,800 +23.4%
    2020$3,079 $292,300
    2019$3,079 $292,300
    2018$3,079 $292,300
    2017$3,079 +1.6%$292,300 +6.9%
    2016$3,030 +4.6%$273,500
    2015$2,896 +4.4%$273,500
    2014$2,773 $273,500
    2013-- $273,500
    2012-- $273,500 -10.7%
    2011-- $306,301
    2010-- $306,301
    2009-- --
    2008-- --
    2007-- --
    2005-- $209,747 -17.9%
    2004-- $255,335
    2003-- $255,335
    2002-- $255,335
    2001-- $255,335
    2000-- $255,335
    Find assessor info on the county website

    Neighborhood: Masonboro

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Masonboro Elementary
    • Middle: Roland Grise
    • High: Hoggard

    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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    Estimated market value
    $557,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $557,400