6007 Mount Carmel Parke, Wilmington, NC 28412-5004
Estimated Market Value
AI Property Analysis
Welcome to 6007 Mount Carmel Parke, a stunning patio home built in 2016, offering contemporary comfort and style within Wilmington's highly sought-after Motts Landing community. This inviting single-story residence spans a generous 2695 square feet, featuring 3 spacious bedrooms and 3 full bathrooms designed for modern living. Imagine cozy evenings by the fireplace or relaxing year-round in the delightful enclosed porch, complemented by an additional open porch area perfect for enjoying the North Carolina weather.
Boasting an attractive brick veneer exterior, this home sits on a substantial 0.297-acre lot, providing ample outdoor space and curb appeal. Practical features include a 675 square foot garage, central air conditioning, and an efficient heat pump for electric heating, ensuring comfort in every season. Discover the exceptional lifestyle and amenities that define the Village at Motts Landing in Wilmington, NC – a community designed for ease and enjoyment.
When considering your next move in the Wilmington area, leverage the profound local real estate expertise of Buddy Blake. For a deeper understanding of current market dynamics, explore the latest Wilmington NC Real Estate Market Update. For dedicated service and a seamless home buying or selling experience, trust Buddy Blake Real Estate to guide you every step of the way.
Your Capital Gains Tax Savings
Section 121 Primary Residence Exemption Analysis
Single Filer
Up to $250K Exclusion
Married Filing Jointly
Up to $500K Exclusion
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
Equity Breakdown
Your Appreciation Story
Your home has appreciated at 0.4% per year — below 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 $74,427 equity in the S&P 500, in 10 years it could grow to $193,044 — compared to an estimated $483,253 in total equity by staying in the home.
The Hidden Cost of Holding
* Estimates do not include county, city, or other annual property taxes.
While your home appreciates, it costs approximately $1,218/month to hold — including $310/month in opportunity cost from equity that could be earning interest elsewhere.
Market Pulse
Slower price growth and extended listing times suggest a more buyer-friendly environment.
Your Neighborhood
<p>Nestled in Wilmington, NC, the Mount Carmel Parke area within the greater Motts Landing community offers a desirable residential setting known for its well-maintained properties and access to the excellent New Hanover County Schools. This vibrant coastal city provides residents with a blend of historic charm, beautiful beaches, and a thriving local scene. For more insights into this wonderful area, connect with a local expert at <a href="https://buddyblake.com">Buddy Blake Real Estate</a>.</p>
Market Trend Predictions
Based on moderate market appreciation projections, your property generates passive wealth each month.
Buyer's market — consider waiting for conditions to improve
* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.
