6609 Motts Village Rd, Wilmington, NC 28412-3613
Estimated Market Value
AI Property Analysis
Discover the charm of 6609 Motts Village Rd, a captivating single-story patio home built in 2009, nestled in the highly sought-after Wilmington area. This meticulously maintained residence boasts 2,592 square feet of living space, featuring 3 comfortable bedrooms and 3 full bathrooms. You'll appreciate the classic brick veneer exterior, central air conditioning, and efficient heat pump system ensuring year-round comfort. The attached garage provides convenience, while a lovely open porch offers the perfect spot for relaxation.
Situated in the desirable Cypress Parke Sec 1 within The Village at Motts Landing, Wilmington, NC, this home offers a fantastic lifestyle. The property was last sold in 2010 for $429,500 and has since appreciated significantly, with a total estimated value of $1,110,265 as of 2026. If you're looking for expert insights into the local real estate market, trust the deep knowledge of Buddy Blake's local expertise. For more information on this home or to explore similar properties in the area, reach out to the dedicated team at Buddy Blake Real Estate, your trusted partner for navigating the Wilmington market.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $430,765
Married Filing Jointly
Up to $500K Exclusion
Remaining taxable gain: $180,765
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 6.2% 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 $755,521 equity in the S&P 500, in 10 years it could grow to $1,959,626 — compared to an estimated $1,339,075 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 $4,443/month. This includes an estimated $3,148/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>This charming home is located in Wilmington, NC, specifically within the Federal Point area of New Hanover County. Residents benefit from being part of the reputable New Hanover County Schools district. Wilmington offers a vibrant coastal lifestyle with easy access to beaches, historic downtown, and various amenities, making it a highly desirable place to live.</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: 4.9%, Aggressive: 6.2%. 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.
