248 Fayemarsh Rd, Wilmington, NC 28412-3635
Estimated Market Value
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!
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $205,500
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 11.1% 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 $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. 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 $2,589/month. This includes an estimated $1,871/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>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 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: 3.5%, Aggressive: 8.0%. 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.
