What is the estimated value of 114 spencer farlow dr?

The estimated home value for 114 spencer farlow dr is approximately $1,031,157, with a likely range between $876,483 and $1,185,831.

How much equity is in 114 spencer farlow dr?

Based on our calculations, the estimated equity for 114 spencer farlow dr is $911,083.

What are the capital gains tax implications for selling 114 spencer farlow dr?

The estimated capital gain on the sale of 114 spencer farlow dr is $643,657. Depending on filing status, you may be eligible for a Section 121 exclusion.

What would net proceeds be from selling 114 spencer farlow dr?

After estimated commissions, closing costs, and mortgage payoff, the net proceeds from selling 114 spencer farlow dr are estimated to be $792,500.

114 Spencer-Farlow Dr, Carolina Beach, NC 28428, USA

Estimated Market Value

Range: $876,483 - $1,185,831

ZZillow Zestimate: $948,700

Valuation Comparison

Our Estimate

$1,031,157

Range: $876,483 - $1,185,831

Zillow Zestimate®View on Zillow

$948,700

Range: $844,343 - $1,062,544

30-Day Trend

+$440(0.0%)

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

3Beds

3.5Baths

2,457SqFt

2000Built

1Garage

AI Property Analysis

Located in the desirable Waterfronte Villas community of Carolina Beach, this striking stucco-exterior townhouse offers prime waterfront-beach influence. Built in 2000, the property features a durable tile roof and sits on a manageable lot that emphasizes low-maintenance coastal living, making it an ideal primary residence or weekend getaway. Inside, the home boasts 2,457 square feet of comfortable living space spread across two stories. With three spacious bedrooms and three and a half bathrooms, there is plenty of room for family and guests. Notable features include a cozy fireplace, central air conditioning, and a wonderful open porch perfect for enjoying the coastal breeze. The property also features a unique full basement measuring 1,550 square feet, which includes an underground basement garage. This townhome presents an incredible opportunity for buyers looking to put their personal touch on a coastal property with strong bones. Given its highly desirable marina-adjacent zoning and waterfront-beach influence, tasteful interior updates can easily transform this space into a modern seaside sanctuary with excellent long-term potential.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain

$643,657

Based on estimated value of $1,031,157 minus purchase price of $387,500

✅ You likely qualify! You've owned this home for 22.8 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: $393,657

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$500,000

Capital Gains Rate:20%

Potential Tax Savings:$100,000

Remaining taxable gain: $143,657

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:$792,500

Equity Breakdown

Cost to Build Today$552,825

Investor Quick-Sale Est.$631,068

Monthly Rental Est.$4,125/mo

Your Appreciation Story

Your Annual Return4.4%Compound growth rate

Historical Average3.5%Long-term US average

Above-Average Growth+$182,749Growth above historical 3.5% baseline

Your home has appreciated at 4.4% 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 $792,500 equity in the S&P 500, in 10 years it could grow to $2,055,541 — compared to an estimated $1,334,475 in total equity by staying in the home.

The Hidden Cost of Holding

Insurance (0.4% est)$344/mo

Maintenance (1% est)$859/mo

Opportunity Cost (5% est)$3,302/mo

Total Monthly Holding Cost$4,505/mo

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

While your home appreciates, it costs approximately $4,505/month to hold — including $3,302/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

Living in Carolina Beach means embracing a laid-back, golf-cart-friendly lifestyle where your days are filled with trips to the marina, strolls along the historic boardwalk, and enjoying the sun-drenched shores. Served by the highly-regarded New Hanover County Schools, the area has a warm, welcoming community vibe that makes both full-time residents and vacationers feel instantly at home. In today's competitive coastal market, owning a home in this sought-after enclave offers excellent stability as demand for water-privileged living remains stronger than ever.

Market Trend Predictions

1 Year Forecast$1,071,837Range: $1.1M - $1.1M

3 Year Forecast$1,158,075Range: $1.1M - $1.2M

5 Year Forecast$1,251,251Range: $1.1M - $1.3M

Estimated Monthly Equity Gain

+$3,390/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.

Report Generated By

Buddy Blake

Buddy Blake Real Estate

Get Your Full Personalized Report