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Street view of 217 Grand Champion Rd, Wilmington, NC 28412-2795

217 Grand Champion Rd, Wilmington, NC 28412-2795

Estimated Market Value

$0
Range: $715,542 - $1,073,313
3Beds
3.5Baths
3,336SqFt
2017Built

AI Property Analysis

Discover sophisticated single-story living at 217 Grand Champion Rd, a stunning patio home nestled in the highly sought-after Village at Motts Landing community in Wilmington, NC. Built in 2017, this meticulously maintained residence offers 3,336 square feet of elegantly designed living space, featuring 3 bedrooms and 3.5 bathrooms, perfect for comfortable living and entertaining.

Step inside to find a spacious layout complemented by modern amenities, including central air conditioning and an efficient heat pump system. Cozy up by the fireplace on cooler evenings or enjoy the gentle breezes from your charming open porch. With a generous 788 square foot garage and an attractive brick veneer exterior, this home perfectly blends style and functionality.

Living in the Village at Motts Landing provides residents with a vibrant lifestyle in a desirable Wilmington location. For an in-depth look at what's happening in the local market, explore the Wilmington NC Real Estate Market Update. When you're ready to explore this exceptional property or other Wilmington homes for sale, trust the proven local expertise of Buddy Blake Real Estate to guide you every step of the way.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$29,428
Based on estimated value of $894,428 minus purchase price of $865,000
✅ You likely qualify! You've owned this home for 2.0 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:$29,428
Capital Gains Rate:20%
Potential Tax Savings:$5,886

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$29,428
Capital Gains Rate:20%
Potential Tax Savings:$5,886

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

Estimated Cash in Hand:$120,510

Equity Breakdown

Cost to Build Today$750,600
Investor Quick-Sale Est.$515,190
Monthly Rental Est.$3,578/mo

Your Appreciation Story

Your Annual Return1.7%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$0Growth above historical 3.5% baseline

Your home has appreciated at 1.7% 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 $120,510 equity in the S&P 500, in 10 years it could grow to $312,572 — compared to an estimated $590,620 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$298/mo
Maintenance (1% est)$745/mo
Opportunity Cost (5% est)$502/mo
Total Monthly Holding Cost$1,546/mo

* Estimates do not include county, city, or other annual property taxes.

While your home appreciates, it costs approximately $1,546/month to hold — including $502/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
❄️ Cool

Slower price growth and extended listing times suggest a more buyer-friendly environment.

Your Neighborhood

<p>Located in the desirable Federal Point area of Wilmington, NC, this home offers a prime setting within the New Hanover County Schools district. Wilmington is known for its vibrant coastal lifestyle, historic charm, and a wide array of amenities, making it a highly sought-after place to live. Learn more about the Wilmington area and its real estate trends through <a href="https://buddyblake.com">Buddy Blake's expert local insights</a>.</p>

Market Trend Predictions

1 Year Forecast$917,485Range: $902K - $926K
3 Year Forecast$965,398Range: $917K - $992K
5 Year Forecast$1,015,813Range: $932K - $1.1M

Estimated Monthly Equity Gain
+$1,921/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

❄️Market Outlook & Sell Window

Buyer's market — consider waiting for conditions to improve

* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.

⚖️ 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.
Buddy Blake

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Buddy Blake

Buddy Blake Real Estate