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$695,000

Beds
3
Baths
3.0
sq ft
2,400

7123 Orchard Trace, Wilmington, NC 28409

7123 Orchard Trace

Wilmington, NC 28409

  • 1 day on market
    • Open house Apr 05
Welcome to 7123 Orchard Trace, a stunning brick home in the highly desirable Magnolia Plantation neighborhood. This beautifully updated 3-bedroom, 3-bath home features two primary suites, each with a fully renovated en-suite bath, offering luxury and privacy. The updated kitchen is a showstopper with sleek cabinetry, high-end countertops, stylish backsplash, and modern appliances, all complemented by new lighting that enhances the home's warmth and charm. Gorgeous new LVP floors flow throughout, creating a seamless and inviting space. Fresh paint inside and out gives the home a crisp, updated feel. Step outside to enjoy the newly added back porch and a spacious screened-in porch—perfect for relaxing or entertaining year-round. The wired workshop provides excellent space for hobbies or extra storage, while the oversized two-car garage adds convenience. Nestled in central Wilmington, this home is just minutes from top shopping, dining, and the area's stunning beaches. Don't miss the chance to own this move-in-ready gem in one of Wilmington's most sought-after NO HOA neighborhoods!

Details

Property type

Single Family Residence

Est. home value

$592,712

Lot size

0.37 acres

Price per sq ft

$290

Year built

1993

Annual property taxes

$3,499.14

HOA

No

Price History

03/31/2025
NorthCarolinaRegional

NorthCarolinaRegional #100497809

Listed
$695,000
+103.22%
09/02/2020
NorthCarolinaRegional

NorthCarolinaRegional #100215311

Sold
$342,000

Schools & Community

Elementary school: 

Wrightsboro

Middle school: 

Roland Grise

High school: 

Hoggard

High school district: 

New Hanover

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Alpha Mortgage Corp

Loan start date

February 2021

Original loan amount

$532,500

Est. remaining balance

Not provided

Interest rate

2.82%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 66 year

Seller

Laura Logan James Chase and Rodrick Tyler Chase

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 12:00 AM

Listing updated: 04/01/2025 at 12:18 PM

Listed by: Tara English Real Estate Group, Berkshire Hathaway HomeServices Carolina Premier Properties Phone #: (910) 256-0021

MLS: NorthCarolinaRegional #100497809

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