253 Fayemarsh Rd, Wilmington, NC 28412-3640
Estimated Market Value
AI Property Analysis
Discover a charming patio home at 253 Fayemarsh Rd in Wilmington, NC, built in 2018. This delightful one-story residence offers 2923 square feet of comfortable living space, perfect for those seeking modern amenities and a relaxed lifestyle.
This inviting home features 3 spacious bedrooms and 3 full bathrooms, ensuring ample space for family and guests. Enjoy cozy evenings by the fireplace, the comfort of central air conditioning, and the efficiency of a heat pump for heating. The attractive brick veneer exterior adds to its curb appeal, while an inviting open porch provides a wonderful spot to enjoy the North Carolina sunshine.
Situated on a generous quarter-acre lot (11,064 sq ft), this property offers a balance of outdoor space without extensive upkeep. It's ideally located within the desirable Pointe Pleasant Sec 9 @ Motts Landing subdivision, a community known for its charm. For those interested in learning more about this fantastic area, explore our expert real estate guide to Village at Motts Landing and its surrounding communities.
With a total assessed value of $748,500 in 2025 and an estimated value of $870,637 as of April 2026, this property represents a significant opportunity in the Wilmington market. When navigating the local real estate scene, it's essential to work with Wilmington's most knowledgeable real estate professionals. The team at Buddy Blake Real Estate possesses unparalleled local expertise, ready to assist you whether buying or selling.
Capital Gains Tax Analysis
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Remaining taxable gain: $56,637
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 7.7% 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. Past performance does not guarantee future results.
What Could Your Equity Do?
If you sold today and invested your $361,830 equity in the S&P 500, in 10 years it could grow to $938,495 — compared to an estimated $819,436 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 $2,523/month. This includes an estimated $1,508/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>Nestled in the vibrant Wilmington, NC area, specifically within the Federal Point county subdivision, this home offers access to a desirable coastal lifestyle. Residents enjoy proximity to beautiful beaches, diverse dining options, and a thriving local culture. For more insights into life in Wilmington and its surrounding areas, you can consult <a href="https://buddyblake.com">local real estate experts</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: 7.7%. 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.
