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.
Your Capital Gains Tax Savings
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 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 23.7% 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 $575,677 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.
The Hidden Cost of Holding
* Estimates do not include county, city, or other annual property taxes.
While your home appreciates, it costs approximately $3,334/month to hold — including $2,399/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 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 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.
