6202 Motts Village Rd, Wilmington, NC 28412-3637
Estimated Market Value
AI Property Analysis
Welcome to 6202 Motts Village Road, a charming patio home nestled within the desirable Village at Motts Landing community in Wilmington, NC. Built in 2014, this single-story residence spans a comfortable 2233 square feet, offering three bedrooms and three full bathrooms, perfect for modern living.
Step inside and discover a thoughtfully designed space, complete with central air conditioning for year-round comfort and a cozy fireplace, ideal for those cooler evenings. The home boasts a durable brick veneer exterior and includes a convenient 462 square foot garage with space for one vehicle. Enjoy the best of outdoor living with both an enclosed porch and an open porch, providing versatile spaces for relaxation or entertaining. The property sits on a generous 0.253-acre lot, offering a pleasant outdoor environment.
Considering a move in the Wilmington area? Understanding the local market is key. For insights into current trends, check out the latest Wilmington NC Real Estate Market Update. This home represents a fantastic opportunity in a sought-after neighborhood. To learn more about this vibrant community, explore the expert real estate guide for The Village at Motts Landing in Wilmington, NC. When you're ready to make your next move, trust the local expertise of Buddy Blake Real Estate to guide you every step of the way. Buddy Blake's team has a proven track record, turning experiences into 5-star sales, just like M.K.'s story of switching to Buddy Blake mid-listing.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $25,081
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 7.8% 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 $294,737 equity in the S&P 500, in 10 years it could grow to $764,471 — compared to an estimated $538,920 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 $1,770/month. This includes an estimated $1,228/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 delightful home is situated in Wilmington, NC, specifically within the highly desirable Village at Motts Landing community. Residents here enjoy convenient access to all that Wilmington offers, from its beautiful beaches and historic downtown to a vibrant array of dining, shopping, and entertainment options. It's a prime location for those seeking a blend of coastal charm and modern amenities. For more information about the broader Wilmington real estate landscape and what makes it special, visit <a href="https://buddyblake.com">Buddy Blake's Wilmington real estate insights</a>.</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: 5.6%, Aggressive: 7.8%. 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.
