5713 King David Ct, Wilmington, NC 28412-1403
Estimated Market Value
AI Property Analysis
Discover sophisticated coastal living at 5713 King David Ct, a stunning patio home built in 2020 within the desirable Wilmington, NC community of The Village at Motts Landing. This meticulously maintained residence offers 2901 square feet of single-story luxury, designed for comfort and modern convenience.
Step inside to find an inviting atmosphere complemented by a cozy fireplace and a bright sunroom, perfect for year-round enjoyment. The home boasts a durable brick veneer exterior and a spacious 808 square foot garage, providing ample storage and parking. With central air conditioning and an efficient heat pump system, your comfort is assured in every season.
Featuring 3 spacious bedrooms and 3 full bathrooms, this home is thoughtfully laid out to maximize space and privacy. As a patio home, it offers the perfect blend of a freestanding residence with manageable upkeep, allowing you more time to enjoy the vibrant Wilmington lifestyle.
Nestled within the acclaimed The Village at Motts Landing community, this home provides access to a sought-after Wilmington address. For those looking to navigate the local market, understanding the current trends is key; find out what's happening with a recent Wilmington NC Real Estate Market Update. To truly understand this area and its offerings, trust the expertise of local Wilmington real estate agents like those at Buddy Blake Real Estate, who possess unparalleled insight into coastal North Carolina properties.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $268,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $18,500
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
Equity Breakdown
Your Appreciation Story
Your home has appreciated at 22.3% per year — well above 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 $491,728 equity in the S&P 500, in 10 years it could grow to $1,275,416 — compared to an estimated $863,852 in total equity by staying in the home.
The Hidden Cost of Holding
* Estimates do not include county, city, or other annual property taxes.
While your home appreciates, it costs approximately $2,875/month to hold — including $2,049/month in opportunity cost from equity that could be earning interest elsewhere.
Market Pulse
Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.
Your Neighborhood
<p>Situated in the highly desirable 28412 zip code of Wilmington, NC, this home is part of the charming Federal Point area within New Hanover County. Residents benefit from the excellent New Hanover County Schools district and proximity to the amenities and coastal attractions that make Wilmington a premier place to live. To gain deeper insights into what makes Wilmington real estate so special, explore the <a href="https://buddyblake.com">local market knowledge offered by Buddy Blake Real Estate</a>.</p>
Market Trend Predictions
Based on moderate market appreciation projections, your property generates passive wealth each month.
Strong seller's market — favorable conditions to sell now
* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.
