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4Beds
5Baths
3,805SqFt
2002Built
1Garage
AI Property Analysis
Nestled at 1902 Masons Bluff Ct in desirable Wilmington, NC, this charming Colonial-style residence offers an impressive 3,805 square feet of living space, designed for comfort and modern living. Built in 2002, the home features 4 spacious bedrooms and 5 bathrooms, providing ample accommodation for a growing family or those who love to entertain. Key amenities include central air conditioning, a cozy fireplace, and a convenient carport for parking.
The property truly shines with its array of inviting features, including a game/recreation room perfect for leisure, and an electric heat pump system ensuring year-round comfort. Step outside to discover a delightful wood deck and a private pool, creating an ideal oasis for relaxation and outdoor gatherings. The generous 0.477-acre lot, situated with low elevation, offers a substantial yard for outdoor activities and potential landscaping enhancements. Additionally, the home boasts a significant 1,094 square foot partial basement, offering versatile space for storage, a workshop, or future customization.
With its robust construction, good overall condition, and a B+ quality rating, this 2-story home presents a fantastic opportunity for homeowners seeking a well-appointed property in an established Wilmington community. The combination of ample interior space, an expansive lot, and desirable recreational features like a pool and deck, make it an attractive option for those looking to enjoy the best of coastal North Carolina living, with plenty of room to personalize and grow.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Total Potential Taxable Gain
$242,088
Based on estimated value of $1,092,088 minus purchase price of $850,000
✅ You likely qualify! You've owned this home for 8.3 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:$242,088
Capital Gains Rate:20%
Potential Tax Savings:$48,418
Married Filing Jointly
Up to $500K Exclusion
Protected Amount:$242,088
Capital Gains Rate:20%
Potential Tax Savings:$48,418
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.
Your home has appreciated at 3.1% 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 $387,600 equity in the S&P 500, in 10 years it could grow to $1,005,335 — compared to an estimated $961,600 in total equity by staying in the home.
The Hidden Cost of Holding
Insurance (0.4% est)$364/mo
Maintenance (1% est)$910/mo
Opportunity Cost (5% est)$1,615/mo
Total Monthly Holding Cost$2,889/mo
* Estimates do not include county, city, or other annual property taxes.
While your home appreciates, it costs approximately $2,889/month to hold — including $1,615/month in opportunity cost from equity that could be earning interest elsewhere.
Market Pulse
Market Temp
⚖️ Moderate
A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.
Your Neighborhood
Welcome to Wilmington, a vibrant coastal city where the charm of historic streets meets the allure of pristine beaches! Living in the Masons Bluff community means enjoying a serene residential setting with easy access to everything this fantastic city offers, from the bustling downtown riverwalk and eclectic dining scene to the sandy shores of Wrightsville Beach. Families appreciate being part of the highly-rated New Hanover County Schools district, fostering a strong sense of community; currently, the Wilmington real estate market is quite robust, with properties in desirable areas like this one maintaining strong appeal and values for homeowners.
Market Trend Predictions
1 Year Forecast$1,127,907Range: $1.1M - $1.1M
3 Year Forecast$1,203,107Range: $1.1M - $1.2M
5 Year Forecast$1,283,322Range: $1.2M - $1.3M
Estimated Monthly Equity Gain
+$2,985/mo
Based on moderate market appreciation projections, your property generates passive wealth each month.
⚖️Market Outlook & Sell Window
Stable market — no urgency, but conditions are fair
* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.
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⚖️ 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.
