6618 Motts Village Rd, Wilmington, NC 28412-3613
Estimated Market Value
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.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Married Filing Jointly
Up to $500K Exclusion
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 -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. Past performance does not guarantee future results.
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. 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 $1,006/month. This includes an estimated $249/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
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 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.
Buyer's market — consider waiting for conditions to improve
* These projections are hypothetical illustrations based on historical trends and local market data. Conservative: 0.0%, Moderate: 3.5%, Aggressive: 3.5%. 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.
