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Street view of 5431 Ellen Dale Pl, Wilmington, NC 28412

5431 Ellen Dale Pl, Wilmington, NC 28412

Estimated Market Value

$0
Range: $156,780 - $191,620
ZZillow Zestimate: $1,101,900
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Valuation Comparison

Our Estimate
$174,200
Range: $156,780 - $191,620
Zillow Zestimate®View on Zillow
$1,101,900
Range: $1,046,805 - $1,156,995

Zestimate® is a registered trademark of Zillow, Inc. Valuation models differ based on data availability, proprietary algorithms, and recent market shifts.

AI Property Analysis

Presenting a prime opportunity in Fayes Meadow Village at Motts Landing, this 0.19-acre vacant lot (Lot 46) is a blank canvas awaiting your vision. Currently owned by KIRK PIGFORD HOMES LLC and poised for a future sale in 2026, this parcel offers significant potential for a new build. With its clear R-15 zoning, the property is ideal for developing a charming single-family home or a versatile two-family residence, making it an excellent investment for builders or those looking to create their dream home in Wilmington, NC.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$0
Based on estimated value of $174,200 minus purchase price of $212,000
Not quite eligible yet. You've owned this home for 0.3 years. You need 2 full years of primary residency to qualify for these tax savings.
⚠️ 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:$0
Capital Gains Rate:20%
Potential Tax Savings:$0

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$0
Capital Gains Rate:20%
Potential Tax Savings:$0

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:-$14,613

Equity Breakdown

Investor Quick-Sale Est.$112,882
Monthly Rental Est.$1,394/mo

Your Appreciation Story

Your Annual Return-17.8%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$0Growth above historical 3.5% baseline

Your home has appreciated at -17.8% 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 $0 equity in the S&P 500, in 10 years it could grow to $0 — compared to an estimated $76,947 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$58/mo
Maintenance (1% est)$145/mo
Opportunity Cost (5% est)$0/mo
Total Monthly Holding Cost$203/mo

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

While your home appreciates, it costs approximately $203/month to hold — including $0/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
❄️ Cool

Slower price growth and extended listing times suggest a more buyer-friendly environment.

Your Neighborhood

Nestled in the desirable Wilmington area, specifically within the Federal Point subdivision, this property benefits from R-15 Residential zoning which supports both single and two-family dwelling construction. Residents are part of the esteemed New Hanover County Schools district and enjoy convenient access to local amenities and the broader Wilmington community.

Market Trend Predictions

1 Year Forecast$180,297Range: $174K - $180K
3 Year Forecast$193,139Range: $174K - $193K
5 Year Forecast$206,895Range: $174K - $207K

Estimated Monthly Equity Gain
+$508/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

❄️Market Outlook & Sell Window

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.

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⚖️ 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

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