NOT LISTED FOR SALE

7316 Orchard Trace Wilmington, NC 28409

Masonboro Neighborhood

Estimated Value: $659,000 - $780,000

4 Beds
3 Baths
2,386 Sq Ft
$300/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2012

Last sale price $270,000 $113 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,166 / mo

91 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • 1 Fireplace
  • Masonboro Elementary School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of October 2012

Great custom built home in Magnolia Plantation. This 4 bedroom, 3 bath home boast a spacious open floor plan with hardwood floors throughout the in the living room, formal dining room, breakfast nook, office and large kitchen. 10-12' ceilings throughout home with arched doorways, recessed lighting, nickel plumbing fixtures and surround sound speakers. Beautiful crown molding and trey ceilings are included. Outside doesn't disappoint either, with a 32' swimming pool, gazebo and 600 sq ft detached pool house. The pool house has a kitchenette and full bathroom. The backyard is surrounded by mature landscaping that provides complete privacy.

Last Agent to Sell the Property

Jennifer Bullock

Coldwell Banker Sea Coast Advantage Listed on: 06/05/2012

Last Buyer's Agent

Jennifer Farmer

Coldwell Banker Sea Coast Advantage License #243992

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 21,344 Sq Ft Lot
  • Property is zoned R-15

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,386 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Home Office
  • Crawl Space
  • Partially Finished Attic

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Magnolia Plantation Subdivision

Listing and Financial Details

  • Tax Lot 1664
  • Assessor Parcel Number 314508.77.7898.000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.49 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Ice Maker, Disposal
  • List Priceper Sq Ft: 81.21
  • New Construction: No
  • Year Built: 2003
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Dining Room Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Sq Ft Heated: 2386.00
  • Sq Ft Heated Separate: 600.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 2986.00

Exterior Features

  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Patio, Screened, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00

Utilities

  • Cooling System: Central
  • Heated Sq Ft: 2200 - 2399
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 756.00
  • Lot Acres: 0.49
  • Lot Dimensions: irregular
  • Lot Number: 1664
  • Lot Sq Ft: 21344.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: 314508.77.7898.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Oct 5, 2012
Sold by
Rouse George A and Rouse Jonna
Bought by
Potter Timothy James and Potter Ashley Karen
Seller's Agent
Jennifer Bullock
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Jennifer Farmer
Coldwell Banker Sea Coast Advantage
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Current Estimated Value
$716,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,556
Avg. Annual Appreciation
7.47%
Original Mortgage
$216,000
Outstanding Balance
$150,446
Interest Rate
3.71%
Mortgage Type
Stand Alone Second
Estimated Equity
$566,110

Purchase Details

Closed on
Jul 28, 2003
Sold by
Jones Lindsay R William M H
Bought by
Rouse George Jonna

Purchase Details

Closed on
May 18, 1989
Sold by
Masonboro Land Dev Co
Bought by
Jones Lindsay Reynolds
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potter Timothy James $270,000 None Available
Rouse George Jonna $38,000 --
Jones Lindsay Reynolds -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Timothy James $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2012 10/05/12 Sold $270,000 +8.0% $113 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $250,000 -- $105 / Sq Ft
Source: Hive MLS

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
2025 $4,402 $748,000 $239,900 $508,100
2023 $4,059 $480,300 $150,800 $329,500
2022 $4,083 $480,300 $150,800 $329,500
2021 $4,110 $480,300 $150,800 $329,500
2020 $3,733 $366,900 $90,000 $276,900
2019 $3,733 $354,400 $90,000 $264,400
2018 $3,733 $354,400 $90,000 $264,400
2017 $3,733 $354,400 $90,000 $264,400
2016 $3,929 $354,600 $90,000 $264,600
2015 $3,755 $354,600 $90,000 $264,600
2014 $3,596 $354,600 $90,000 $264,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jennifer Bullock

    Coldwell Banker Sea Coast Advantage

  • Jennifer Farmer

    Buyer's Agent in 2012

    Jennifer Farmer

    Coldwell Banker Sea Coast Advantage

    (910) 297-9811

    1 in this area

    133 Total Sales

    Jennifer Farmer
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Map

Source: Hive MLS

MLS Number: 30477639

Hive MLS

APN: R06714-001-003-000

North Carolina New Hanover County Wilmington 28409 Masonboro

7316 Orchard Trace, Wilmington, NC

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Hive MLS 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. ©2026 Hive MLS LLC

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