5716 King David Ct, Wilmington, NC 28412-1403
Estimated Market Value
AI Property Analysis
Welcome to 5716 King David Ct, a stunning patio home built in 2019 that perfectly blends modern elegance with comfortable living in Wilmington, NC. This spacious single-story residence boasts 3,358 square feet of meticulously designed living space, featuring 4 bedrooms and 3.5 bathrooms, ideal for both relaxation and entertaining.
Step inside to discover a home where every detail has been thoughtfully considered. The inviting interiors are complemented by two cozy fireplaces, adding warmth and ambiance. Outside, the charming brick veneer exterior offers classic appeal, while the expansive open porch provides a wonderful spot to enjoy the Carolina sunshine or an evening breeze. With a generous 2-car garage spanning 752 square feet, you'll have ample space for vehicles and storage. Modern conveniences abound, including central air conditioning powered by an efficient heat pump system, ensuring comfort throughout the seasons.
Situated on a sizable 0.28-acre lot within the highly regarded Village at Motts Landing community, this property offers a prime location close to everything Wilmington has to offer. From pristine beaches to vibrant downtown attractions, you're perfectly positioned to enjoy the best of coastal North Carolina living. For those looking to understand the local market dynamics, a Wilmington NC Real Estate Market Update is always insightful.
For expert guidance in navigating the Wilmington property landscape, trust in the deep local knowledge of Buddy Blake Real Estate. Their team brings years of experience to help buyers and sellers achieve their goals. You can explore more properties and gain valuable insights from a trusted local real estate agent who understands this unique market.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $361,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $111,500
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 22.8% 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 $575,560 equity in the S&P 500, in 10 years it could grow to $1,492,855 — compared to an estimated $996,565 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 $3,333/month to hold — including $2,398/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>Nestled in the desirable Federal Point area of Wilmington, NC, 5716 King David Ct is part of the esteemed Village at Motts Landing community. This vibrant area offers a perfect blend of coastal charm and modern conveniences, providing residents with easy access to local amenities, beautiful beaches, and everything Wilmington has to offer. Discover more about this sought-after location and the broader Wilmington real estate market.</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.
