tomo logo

$459,900

Beds
3
Baths
2.0
sq ft
2,020

7838 Trap Way, Wilmington, NC 28412

7838 Trap Way

Wilmington, NC 28412

  • 1 day on market
Escape to Cypress Island! This inviting community boasts a 9-hole par 3 golf course, community pool, clubhouse, nature trails, and tennis courts, offering a wealth of recreational opportunities. Nestled within this idyllic setting, this move-in-ready patio home presents a serene retreat. Enjoy picturesque pond views from the front and embrace the tranquility of a private wooded backdrop in the rear. The fully fenced backyard provides a secure haven for relaxation and outdoor enjoyment. Inside, discover a thoughtfully designed interior featuring: Kitchen equipped with sleek granite countertops, a stylish subway tile backsplash, elegant wood cabinets, and stainless steel appliances. Luxurious Primary Suite: Retreat to a spacious primary bedroom boasting a generous walk-in closet. The primary bathroom features a double vanity, a rejuvenating walk-in shower, and a separate soaking tub for ultimate relaxation. Comfortable Living: Two additional bedrooms are conveniently located on the opposite side of the home and share a well-appointed bathroom. There is also a gas fireplace for those chilly nights. Spacious Garage: Accommodate all your vehicles and recreational toys with ease in the large 2-car garage. Peace of mind is assured with recent updates, including a new roof in 2024 and a new heat pump in 2022. Don't miss this opportunity to experience the tranquil beauty and resort-style living of Cypress Island.

Details

Property type

Single Family Residence

Est. home value

$415,389

Lot size

6,186 sq ft

Price per sq ft

$228

Year built

2004

Annual property taxes

$1,471.38

HOA fee

$2,400

Price History

01/31/2025
NorthCarolinaRegional

NorthCarolinaRegional #100486311

Listed
$459,900
+17.95%
06/23/2022
NorthCarolinaRegional

NorthCarolinaRegional #100327066

Sold
$389,900
+78.85%
07/28/2014
NorthCarolinaRegional

NorthCarolinaRegional #30506168

Sold
$218,000

Schools & Community

Elementary school: 

Carolina Beach

Middle school: 

Murray

High school: 

Ashley

Community features: 

Pool

Negotiation Insights

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

Seller could get up to

$168,520
Asking price
$459,900
Closing costs (~8% of asking)
-$36,792
Est. remaining loan balance
-$254,588
Cash to seller
$168,520

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vanderbilt Mortgage & Finance Inc

Loan start date

June 2022

Original loan amount

$264,900

Est. remaining balance

$254,588

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Tami Lyn Rolin

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: 02/02/2025 at 9:35 AM

Listing updated: 01/31/2025 at 5:17 PM

Listed by: Roy A Erwin, Intracoastal Realty Corp Phone #: (910) 458-2001

MLS: NorthCarolinaRegional #100486311

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