5717 King David Ct, Wilmington, NC 28412-1403
Estimated Market Value
AI Property Analysis
Discover the charm and modern comfort of 5717 King David Ct, a stunning patio home nestled in the desirable Village at Motts Landing community in Wilmington, NC. Built in 2019, this spacious single-story residence boasts an impressive 3,830 square feet of living space, featuring 4 bedrooms and 3.5 bathrooms, perfect for comfortable living and entertaining.
As you approach, you'll appreciate the attractive brick veneer exterior and the inviting open porch, setting the stage for what awaits inside. Step into a home designed for both elegance and practicality, complete with central air conditioning, an efficient heat pump system, and a cozy fireplace for cooler evenings. One of the highlights is the delightful sunroom (solarium), offering a bright and serene space to relax and enjoy the natural light year-round. A generous 752 sq ft garage provides ample parking and storage.
This home is part of the esteemed Glenn Ellen subdivision, offering residents a fantastic lifestyle. To learn more about this vibrant area and explore other homes for sale in The Village at Motts Landing, connect with a local expert. The property's significant appreciation since its 2019 sale reflects the strong demand for quality homes in this prime Wilmington location. When it comes to navigating the Wilmington real estate market, having a knowledgeable guide is essential. Buddy Blake Real Estate is dedicated to helping clients achieve their homeownership dreams, offering unparalleled local real estate expertise. For insights into the current market, you might want to check out the latest Wilmington NC Real Estate Market Update. Ready to make your move? Let Buddy Blake Real Estate assist you with their proven track record and commitment to client success.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $362,500
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $112,500
Tax Liability Comparison
* This analysis is a simplified illustration based on an assumed 20% federal capital gains tax rate. It does not account for state taxes, depreciation recapture, the Net Investment Income Tax (3.8%), AMT, or individual circumstances. The Section 121 exclusion has specific IRS requirements regarding ownership, use, and timing that cannot be determined from public property records alone. This platform is not acting as a tax adviser, accountant, or attorney. Consult a licensed CPA or tax attorney to evaluate your specific situation. Calculation date: August 2026.
Financial Projections
Estimated Net Proceeds
These projections assume a 5.5% total sales commission, approximately 6% in closing costs and concessions, and mortgage payoff estimated from public purchase records (30-year fixed, 20% down payment, 5% assumed interest rate). Actual proceeds will vary based on negotiated terms, local costs, and current mortgage balance. This is not an appraisal or guaranteed estimate of net proceeds.
Equity Breakdown
Your Appreciation Story
Your home has appreciated at 23.3% 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. Past performance does not guarantee future results.
What Could Your Equity Do?
If you sold today and invested your $575,677 equity in the S&P 500, in 10 years it could grow to $1,493,158 — compared to an estimated $997,207 in total equity by staying in the home. These projections are hypothetical. Investment returns are not guaranteed and involve risk of loss.
The Hidden Cost of Holding
* Estimates do not include property taxes (county, city, school, or special district). Actual costs vary significantly by location and individual circumstances. This platform is not acting as a financial or investment adviser.
The estimated monthly cost of holding this property is approximately $3,334/month. This includes an estimated $2,399/month in opportunity cost — the hypothetical return that equity could earn if invested elsewhere. These figures are estimates and actual costs will vary.
Market Pulse
Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.
Your Neighborhood
<p>Situated in the sought-after Wilmington, NC area, 5717 King David Ct is located within the Glenn Ellen subdivision, a part of the vibrant The Village at Motts Landing community. This residential district (zoned R-15) offers a desirable environment for homeowners, known for its well-maintained properties and community appeal. Residents enjoy the benefits of living in New Hanover County with easy access to Wilmington's amenities and coastal charm. Explore more about the allure of <a href="https://www.buddyblake.com/homes-for-sale-wilmington-nc/village-at-motts-landing-wilmington-nc-homes-for-sale-expert-real-estate-guide/">The Village at Motts Landing</a>.</p>
Market Trend Projections
Based on moderate market appreciation projections, this property's estimated equity may increase by approximately this amount each month. Actual appreciation varies and is not guaranteed.
Strong seller's market — favorable conditions to sell now
* These projections are hypothetical illustrations based on historical trends and local market data. Conservative: 2.0%, Moderate: 3.5%, Aggressive: 8.0%. Actual results will vary. Past performance does not guarantee future results. This platform is not acting as an appraiser or investment adviser. Projection date: August 2026.
