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Street view of 119 Sound View Dr, N Hampstead, NC 28443

119 Sound View Dr, N Hampstead, NC 28443

Estimated Market Value

$0
Range: $582,888 - $712,418
ZZillow Zestimate: $1,341,800
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Valuation Comparison

Our Estimate
$647,653
Range: $582,888 - $712,418
Zillow Zestimate®View on Zillow
$1,341,800
Range: $1,274,710 - $1,408,890

Zestimate® is a registered trademark of Zillow, Inc. Valuation models differ based on data availability, proprietary algorithms, and recent market shifts.

3Beds
3Baths
1,848SqFt
1995Built

AI Property Analysis

Nestled in the desirable Belvedere Plantation subdivision, 119 Sound View Dr N offers a charming single-story residence built in 1995. This well-maintained home spans 1,848 square feet of living space, featuring three comfortable bedrooms and a generous three and a half bathrooms, providing ample convenience for residents and guests alike. With a total of six rooms, the layout is functional and inviting, ideal for relaxed coastal living. The property boasts a substantial 0.51-acre lot, offering a significant amount of outdoor space for recreation, gardening, or potential future enhancements. As part of a Planned Development (PD) zoning, the residence benefits from a cohesive community environment, where careful planning ensures a harmonious living experience. The established subdivision provides a tranquil setting, complemented by its generous parcel size. This property presents a wonderful opportunity for those looking to embrace the Hampstead lifestyle. While already a solid home, the generous lot size and mature neighborhood offer excellent potential for personalization, whether it's by updating interior finishes, creating an expansive outdoor oasis, or simply enjoying the established character of the area. It's a fantastic foundation for a buyer to make their own mark and enjoy for years to come.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$0
Based on estimated value of $647,653 minus purchase price of $800,000
✅ You likely qualify! You've owned this home for 2.7 years (minimum 2 years required).
⚠️ This tax benefit may not last forever. The Section 121 exclusion is frequently debated in Congress. Knowing your equity options now is crucial for long-term wealth planning.

Single Filer

Up to $250K Exclusion

Protected Amount:$0
Capital Gains Rate:20%
Potential Tax Savings:$0

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$0
Capital Gains Rate:20%
Potential Tax Savings:$0

Tax Liability Comparison

* This analysis is purely an estimate based on assumed 20% capital gains rates and available public data. We are not tax professionals. Please consult a licensed CPA to verify your exact eligibility and tax implications.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:-$39,683

Equity Breakdown

Cost to Build Today$415,800
Investor Quick-Sale Est.$419,679
Monthly Rental Est.$3,238/mo

Your Appreciation Story

Your Annual Return-7.4%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$0Growth above historical 3.5% baseline

Your home has appreciated at -7.4% per year — below the historical average of 3.5%. This extraordinary growth was driven by recent market conditions that are unlikely to repeat. Understanding this context is key to making smart decisions about your equity.


What Could Your Equity Do?

If you sold today and invested your $0 equity in the S&P 500, in 10 years it could grow to $0 — compared to an estimated $300,722 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$216/mo
Maintenance (1% est)$540/mo
Opportunity Cost (5% est)$0/mo
Total Monthly Holding Cost$756/mo

* Estimates do not include county, city, or other annual property taxes.

While your home appreciates, it costs approximately $756/month to hold — including $0/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
❄️ Cool

Slower price growth and extended listing times suggest a more buyer-friendly environment.

Your Neighborhood

Welcome to Hampstead, a vibrant and growing community within the broader Topsail area, where the coastal lifestyle is paramount. Living here means easy access to beautiful beaches, boating, and a relaxed, family-friendly atmosphere, all while enjoying the excellent Pender County Schools system. The market in this coveted coastal region remains highly desirable, fostering a competitive environment where homes like this one, within well-regarded subdivisions like Belvedere Plantation, tend to hold their value well and attract significant interest from those eager to embrace the quintessential Carolina coast experience.

Market Trend Predictions

1 Year Forecast$670,321Range: $648K - $670K
3 Year Forecast$718,064Range: $648K - $718K
5 Year Forecast$769,209Range: $648K - $769K

Estimated Monthly Equity Gain
+$1,889/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

❄️Market Outlook & Sell Window

Buyer's market — consider waiting for conditions to improve

* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.

⚖️ This analysis is for informational purposes only and does not constitute professional advice. Always consult with a licensed local real estate agent, appraiser, attorney, and/or accountant before making any real estate decisions or entering into any agreements.
Buddy Blake

Report Generated By

Buddy Blake

Buddy Blake Real Estate