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Street view of 6618 Motts Village Rd, Wilmington, NC 28412-3613

6618 Motts Village Rd, Wilmington, NC 28412-3613

Estimated Market Value

$0
Range: $519,343 - $779,014
4Beds
3Baths
2,329SqFt
2013Built
1Garage

AI Property Analysis

Discover the charm of a meticulously maintained patio home at 6618 Motts Village Rd in highly sought-after Wilmington, NC. Built in 2013, this inviting residence offers 2,329 square feet of comfortable living space, featuring 4 spacious bedrooms and 3 full bathrooms. The classic brick veneer exterior and welcoming open porch create excellent curb appeal, setting the stage for the warmth inside.

Step into a home designed for modern living, complete with a cozy fireplace for cooler evenings and efficient central air conditioning and a heat pump for year-round comfort. With a convenient 1-car garage and a generous 0.23-acre lot, there's ample space for both relaxation and everyday needs. This property represents a fantastic opportunity for those seeking a tranquil lifestyle in a vibrant community.

Situated within the desirable Bellamy Parke at The Village @ Motts Landing, this home is part of a community known for its welcoming atmosphere. For an in-depth look at this popular area and to explore other homes for sale in The Village at Motts Landing, you'll find comprehensive information available. If you're considering a move to Wilmington, NC, or exploring the wider market, connecting with an experienced local real estate expert like Buddy Blake can make all the difference. Their deep understanding of the region's nuances provides invaluable insight for both buyers and sellers, making it easier to navigate the Wilmington NC real estate market.

Whether you're looking for your dream home or need guidance on selling your current property, the team at Buddy Blake Real Estate is ready to assist. Their dedication to client success and extensive knowledge of the Wilmington area ensure a smooth and informed real estate journey, from understanding market trends to finding the perfect fit. You can trust Buddy Blake to provide expert real estate guidance in Wilmington and beyond.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$0
Based on estimated value of $648,736 minus purchase price of $650,000
Not quite eligible yet. You've owned this home for 0.8 years. You need 2 full years of primary residency to qualify for these tax savings.
⚠️ 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:$0
Capital Gains Rate:20%
Potential Tax Savings:$0

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$0
Capital Gains Rate:20%
Potential Tax Savings:$0

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:$59,849

Equity Breakdown

Cost to Build Today$524,025
Investor Quick-Sale Est.$373,927
Monthly Rental Est.$3,244/mo

Your Appreciation Story

Your Annual Return-0.2%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$0Growth above historical 3.5% baseline

Your home has appreciated at -0.2% 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 $59,849 equity in the S&P 500, in 10 years it could grow to $155,234 — compared to an estimated $400,824 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$216/mo
Maintenance (1% est)$541/mo
Opportunity Cost (5% est)$249/mo
Total Monthly Holding Cost$1,006/mo

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

While your home appreciates, it costs approximately $1,006/month to hold — including $249/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>Nestled in the vibrant city of Wilmington, NC, this property enjoys a prime location within the desirable Federal Point area. Known for its appealing residential charm, Federal Point offers a blend of coastal accessibility and community comforts, making it a sought-after destination for homeowners in New Hanover County.</p>

Market Trend Predictions

1 Year Forecast$671,442Range: $649K - $671K
3 Year Forecast$719,265Range: $649K - $719K
5 Year Forecast$770,495Range: $649K - $770K

Estimated Monthly Equity Gain
+$1,892/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

Report Generated By

Buddy Blake

Buddy Blake Real Estate