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Street view of 248 Fayemarsh Rd, Wilmington, NC 28412-3635

248 Fayemarsh Rd, Wilmington, NC 28412-3635

Estimated Market Value

$0
Range: $579,000 - $654,000
3Beds
3Baths
2,391SqFt
2014Built
1Garage

AI Property Analysis

Discover a truly delightful find at 248 Fayemarsh Rd in beautiful Wilmington, NC! Built in 2014, this charming 3-bedroom, 3-bathroom residence offers a generous 2,391 square feet of thoughtfully designed living space, perfect for comfortable coastal living. You'll appreciate the modern comforts of central air conditioning and a heat pump, ensuring year-round climate control. Cozy up by the fireplace on cooler evenings, or enjoy the versatile outdoor living on your inviting enclosed porch. The home boasts a durable brick veneer exterior and a convenient garage for your vehicle and storage needs. Situated in the sought-after Pointe Pleasant @ Motts Landing community, this property combines modern amenities with an excellent location. With over a quarter-acre lot, there's ample space for outdoor enjoyment. For an in-depth look at the local market dynamics, you might find our Wilmington NC Real Estate Market Update insightful. To explore this fantastic opportunity further or for unparalleled local real estate expertise, contact Buddy Blake Real Estate today!

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$455,500
Based on estimated value of $615,000 minus purchase price of $159,500
✅ You likely qualify! You've owned this home for 12.7 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:$250,000
Capital Gains Rate:20%
Potential Tax Savings:$50,000

Remaining taxable gain: $205,500

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$455,500
Capital Gains Rate:20%
Potential Tax Savings:$91,100

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:$449,107

Equity Breakdown

Cost to Build Today$537,975
Investor Quick-Sale Est.$416,880
Monthly Rental Est.$3,075/mo

Your Appreciation Story

Your Annual Return11.2%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$368,240Growth above historical 3.5% baseline

Your home has appreciated at 11.2% 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.


What Could Your Equity Do?

If you sold today and invested your $449,107 equity in the S&P 500, in 10 years it could grow to $1,164,869 — compared to an estimated $772,351 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$205/mo
Maintenance (1% est)$513/mo
Opportunity Cost (5% est)$1,871/mo
Total Monthly Holding Cost$2,589/mo

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

While your home appreciates, it costs approximately $2,589/month to hold — including $1,871/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
🔥 Hot

Strong property appreciation and high buyer demand indicate a seller-friendly market with competitive offers.

Your Neighborhood

<p>Located in the desirable Pointe Pleasant @ Motts Landing subdivision, this Wilmington address offers residents a peaceful suburban atmosphere with convenient access to coastal amenities. Enjoy the blend of community living and proximity to everything Wilmington has to offer. Learn more about the <a href='https://www.buddyblake.com/homes-for-sale-wilmington-nc/village-at-motts-landing-wilmington-nc-homes-for-sale-expert-real-estate-guide/'>Village at Motts Landing community</a> and its surroundings.</p>

Market Trend Predictions

1 Year Forecast$636,525Range: $627K - $664K
3 Year Forecast$681,861Range: $653K - $775K
5 Year Forecast$730,427Range: $679K - $904K

Estimated Monthly Equity Gain
+$1,794/mo

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

🔥Market Outlook & Sell Window

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.

⚖️ 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