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Street view of 233 Fayemarsh Rd, Wilmington, NC 28412-3640

233 Fayemarsh Rd, Wilmington, NC 28412-3640

Estimated Market Value

$0
Range: $714,000 - $869,000
3Beds
3Baths
2,988SqFt
2016Built
1Garage

AI Property Analysis

Welcome to 233 Fayemarsh Rd, a delightful patio home built in 2016, nestled in the vibrant Wilmington, NC area. This single-story residence spans a generous 2988 square feet, offering three spacious bedrooms and three full bathrooms, perfect for comfortable living. You'll appreciate the thoughtful details like the inviting fireplace, a relaxing sun room, and the convenience of central air conditioning and a heat pump system. The charming brick veneer exterior adds to its curb appeal, complemented by an attached garage and an open porch for enjoying the beautiful North Carolina weather.

Situated on a desirable 0.444-acre lot within the sought-after Pointe Pleasant @ Motts Landing community, this home offers a fantastic opportunity. For more insights into the Wilmington real estate market and to navigate your home buying or selling journey, trust the local expertise of Buddy Blake. You can learn more about finding your perfect home or selling your current one with Buddy Blake Real Estate.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$598,500
Based on estimated value of $788,000 minus purchase price of $189,500
✅ You likely qualify! You've owned this home for 9.8 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: $348,500

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$500,000
Capital Gains Rate:20%
Potential Tax Savings:$100,000

Remaining taxable gain: $98,500

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:$573,173

Equity Breakdown

Cost to Build Today$672,300
Investor Quick-Sale Est.$514,080
Monthly Rental Est.$3,940/mo

Your Appreciation Story

Your Annual Return15.7%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$522,958Growth above historical 3.5% baseline

Your home has appreciated at 15.7% 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 $573,173 equity in the S&P 500, in 10 years it could grow to $1,486,663 — compared to an estimated $987,345 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$263/mo
Maintenance (1% est)$657/mo
Opportunity Cost (5% est)$2,388/mo
Total Monthly Holding Cost$3,308/mo

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

While your home appreciates, it costs approximately $3,308/month to hold — including $2,388/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>This charming home is ideally located in Wilmington, NC, within the thriving New Hanover County. Residents benefit from being part of the reputable New Hanover County Schools district and enjoying the serene environment of the Federal Point area. Discover more about life in this desirable region of North Carolina by consulting a <a href="https://buddyblake.com">Wilmington local real estate expert</a>.</p>

Market Trend Predictions

1 Year Forecast$815,580Range: $804K - $851K
3 Year Forecast$873,670Range: $836K - $993K
5 Year Forecast$935,897Range: $870K - $1.2M

Estimated Monthly Equity Gain
+$2,298/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