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Street view of 363 W Huckleberry Way, Rocky Point, NC 28457-2301

363 W Huckleberry Way, Rocky Point, NC 28457-2301

Estimated Market Value

$0
Range: $321,454 - $355,291
3Beds
2Baths
1,505SqFt
2017Built

AI Property Analysis

Discover this charming single-story home, built in 2017, located at 363 W Huckleberry Way. This inviting residence boasts 1,505 square feet of comfortable living space, featuring 3 bedrooms and 2 full bathrooms. Enjoy modern amenities including central air conditioning, a cozy fireplace, and a heat pump system, all situated on a generous 0.35-acre lot. Perfect for those seeking a well-maintained home in a pleasant community.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$18,373
Based on estimated value of $338,373 minus purchase price of $320,000
✅ You likely qualify! You've owned this home for 4.2 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:$18,373
Capital Gains Rate:20%
Potential Tax Savings:$3,675

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$18,373
Capital Gains Rate:20%
Potential Tax Savings:$3,675

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:$60,899

Equity Breakdown

Cost to Build Today$338,625
Investor Quick-Sale Est.$231,447
Monthly Rental Est.$2,199/mo

Your Appreciation Story

Your Annual Return1.3%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$0Growth above historical 3.5% baseline

Your home has appreciated at 1.3% 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 $60,899 equity in the S&P 500, in 10 years it could grow to $157,955 — compared to an estimated $238,747 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$113/mo
Maintenance (1% est)$282/mo
Opportunity Cost (5% est)$254/mo
Total Monthly Holding Cost$649/mo

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

While your home appreciates, it costs approximately $649/month to hold — including $254/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

Situated in Rocky Point, NC, this home is part of the desirable Reserve on Island Creek Ph 2 subdivision, offering a peaceful residential setting within the Pender County Schools district. Rocky Point provides a blend of suburban tranquility with convenient access to the amenities and opportunities of the larger Wilmington metropolitan area.

Market Trend Predictions

1 Year Forecast$346,548Range: $341K - $350K
3 Year Forecast$363,495Range: $345K - $375K
5 Year Forecast$381,271Range: $350K - $402K

Estimated Monthly Equity Gain
+$681/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

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