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7838 Trap Way

Wilmington, NC 28412

3 bd 2 ba 2,020 sqft Built 2004 Lot 6,098 sqft single_family
Most recent sale
$389,900
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 2, 2025 Sold $395,000 HiveMLS
Jun 23, 2022 Sold $389,900 MLS #100327066
May 11, 2022 Listed $389,900 MLS #100327066
Feb 3, 2017 Sold $218,000 MLS #30506168
Jul 28, 2014 Sold $218,000 Public Record
Jul 28, 2014 Listed $225,000 MLS #30506168
Jul 15, 2014 Listing removed $225,000 NCRCapeFear
Jun 16, 2014 Price changed $225,000 MLS #506168
May 14, 2014 Listed $229,000 MLS #506168
Aug 1, 2004 Sold $168,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $337,700 $77,500 $415,200 $1,313
2024 $337,700 $77,500 $415,200 $1,471
2023 $207,600 $59,900 $267,500 $1,465
2022 $207,600 $59,900 $267,500 $1,478
2020 $170,800 $46,600 $217,400 $1,375
2019 $170,800 $46,600 $217,400 $1,375
2018 $170,800 $46,600 $217,400 $1,375
2017 $170,800 $46,600 $217,400 $1,408
2016 $157,400 $46,600 $204,000 $1,414
2015 $157,400 $46,600 $204,000 $1,314
2014 $157,400 $46,600 $204,000 $1,291
2013 $157,400 $46,600 $204,000 $1,291
2012 $157,400 $46,600 $204,000 $1,291
2011 $79,100 $79,100 $1,205
2010 $189,992 $36,000 $225,992 $1,188
2008 $189,992 $36,000 $225,992 $1,136
2007 $189,992 $36,000 $225,992 $1,062

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,020 sqft
Lot size
6,098 sqft
ZIP code
28412
City
Wilmington
Street
Trap Way
Coordinates
34.05832, -77.91164

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,727
Gross rental yield
8.39%
Implied cap rate
5.46%
Trend-extrapolated value

Frequently asked questions

When did 7838 Trap Way last sell?
7838 Trap Way most recently sold on Jun 23, 2022 for $389,900.
What is the current tax assessment for 7838 Trap Way?
The most recent total assessment for 7838 Trap Way (year 2025) is $415,200 with $1,313 in property tax.
How does 7838 Trap Way's assessment compare to its last sale price?
The current assessment is 6.5% above the last sale price of $389,900.
When was 7838 Trap Way built?
7838 Trap Way was built in 2004.
How does 7838 Trap Way compare to others on Trap Way?
We track 8 other properties on Trap Way. Browse the list under "Other properties on Trap Way" to compare beds, baths, and sale history.
What are the property facts for 7838 Trap Way?
7838 Trap Way is a 3 bed, 2 bath, 2,020 sqft, 6,098 sqft lot single_family.
Is 7838 Trap Way a flip candidate?
No — 7838 Trap Way does not appear in our flips dataset.
Is 7838 Trap Way a tax-appeal candidate?
No — 7838 Trap Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$534.2K
2026 Q4
$543.6K
ZIP 28412 — Median Price History + Forecast

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