7020 Orchard Trace Wilmington, NC 28409
Masonboro Neighborhood
4
Beds
2.5
Baths
3,070
Sq Ft
0.35
Acres
Highlights
- Deck
- Vaulted Ceiling
- 1 Fireplace
- Masonboro Elementary School Rated A
- Wood Flooring
- Sun or Florida Room
About This Home
As of October 2024Fantastic location and exceptional school district! Enjoy walking or biking to your neighborhood coffee shop, restaurants & grocery stores and easily bike or walk your kids to Masonboro Elementary. Located just 15 minutes from Carolina Beach and Wrightsville Beach, this area offers unmatched convenience.This custom-built, well-maintained all-brick home features 4 bedrooms plus an office/den, nestled in the quiet community of Magnolia Plantation, within the highly sought-after Masonboro Sound area. The spacious, open floor plan has been updated throughout. Recent updates include added 50 Amp outside outlet for Generator, an encapsulated and climate-controlled crawl space, a replaced upper HVAC air handler, condenser & ductwork, and lower HVAC condenser, replaced windows, recently replaced hot water heater, garage door and motor, and an updated front deck with composite decking, composite columns, and vinyl railing. The roof has a transferable warranty, and the washer, dryer, refrigerator, and propane tank are included.The updated kitchen features beautiful maple cabinets with self-closing doors and drawers, granite countertops, under-counter lighting, and a bar area perfect for entertaining. The large master bedroom boasts two spacious walk-in closets with built-in storage and shelves, and a recently updated master bath with quartz counters, a walk-in shower, and an elegant soaking tub. The home has been freshly painted throughout, and the second bath has new countertops and flooring.Designed for modern living, the home includes a formal dining room, a den/office space, an open kitchen, a large living room, an informal eating area, and a sunroom. Situated on a large lot with ample space between neighbors, you'll enjoy outdoor time with family and friends on your front wrap-around porch or in your private backyard, featuring a large deck, brick patio, fenced yard, and storage shed.What more could you ask for? Call today for floor plan or to schedule showing!
Last Buyer's Agent
Berkshire Hathaway HomeServices Carolina Premier Properties License #288975
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,568
Year Built
- Built in 1995
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 108 x 137 x 108 x 142
- Street terminates at a dead end
- Fenced Yard
- Wood Fence
- Property is zoned R-15
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 3,070 Sq Ft Home
- 2-Story Property
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- Blinds
- Mud Room
- Entrance Foyer
- Living Room
- Formal Dining Room
- Den
- Sun or Florida Room
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Gas Cooktop
- Stove
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Attic
- Pull Down Stairs to Attic
- Partially Finished Attic
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Patio
- Shed
- Wrap Around Porch
Utilities
- Cooling System Mounted To A Wall/Window
- Zoned Heating and Cooling System
- Heat Pump System
- Propane
- Electric Water Heater
- Fuel Tank
- Municipal Trash
Community Details
- No Home Owners Association
- Magnolia Plantation Subdivision
Listing and Financial Details
- Tax Lot 35
- Assessor Parcel Number R06710-007-011-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2024
Closed on
Sep 18, 2024
Sold by
Cole Jeffrey Lynn and Cole Hilary Kwasnik
Bought by
Moreau Breanne N and Deskus Fenton Christopher
Seller's Agent
Tim Kelly
Coastal Properties
Buyer's Agent
Michael Rheel
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$719,900
Sold Price
$719,900
Total Days on Market
8
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,920
Avg. Annual Appreciation
2.91%
Original Mortgage
$419,900
Outstanding Balance
$417,574
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$321,821
Purchase Details
Closed on
Apr 24, 1996
Sold by
Charles Fox Construction Inc
Bought by
Cole Jeffrey Lynn Hilary K
Purchase Details
Closed on
Nov 14, 1994
Sold by
Masonboro Land Development Co
Bought by
Charles Fox Construction Inc
Purchase Details
Closed on
Jul 1, 1988
Sold by
Reynolds R F Hrs
Bought by
Masonboro Land Dev Co
Similar Homes in Wilmington, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $720,000 | None Listed On Document | |
| Deed | $225,000 | -- | |
| Deed | $22,500 | -- | |
| Deed | $263,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $419,900 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $187,153 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $180,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2024 10/02/24 | Sold | $719,900 | 0.0% | $234 / Sq Ft |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $719,900 | -- | $234 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,568 | $422,300 | $124,800 | $297,500 |
| 2022 | $0 | $422,300 | $124,800 | $297,500 |
| 2021 | $3,905 | $422,300 | $124,800 | $297,500 |
| 2020 | $3,905 | $370,700 | $90,000 | $280,700 |
| 2019 | $3,905 | $370,700 | $90,000 | $280,700 |
| 2018 | $3,905 | $370,700 | $90,000 | $280,700 |
| 2017 | $3,905 | $370,700 | $90,000 | $280,700 |
| 2016 | $3,818 | $344,600 | $90,000 | $254,600 |
| 2015 | $3,649 | $344,600 | $90,000 | $254,600 |
| 2014 | $3,494 | $344,600 | $90,000 | $254,600 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Kelly
Seller's Agent in 2024
Tim Kelly
Coastal Properties
(910) 540-3607
1 in this area
17 Total Sales
-
Michael Rheel
Buyer's Agent in 2024
Michael Rheel
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 619-0926
1 in this area
139 Total Sales
Map
Source: Hive MLS
MLS Number: 100461906
APN: R06710-007-011-000
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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