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Street view of 233 W Huckleberry Way, Rocky Point, NC 28457-2300

233 W Huckleberry Way, Rocky Point, NC 28457-2300

Estimated Market Value

$0
Range: $420,465 - $493,590
4Beds
2.5Baths
2,130SqFt
2017Built

AI Property Analysis

Discover this charming 2017-built home at 233 W Huckleberry Way, nestled on a generous 0.57-acre lot within 'The Reserve on Island Creek Ph 2' subdivision in Rocky Point. This 2-story residence offers 2130 square feet of comfortable living space, featuring 4 bedrooms and 2.5 bathrooms. Enjoy year-round comfort with central air conditioning and a heat pump, complemented by a cozy fireplace. The exterior boasts durable vinyl siding and a classic shingle roof, with a convenient shed adding to its functionality. This conventional-style home was last sold in 2021 for $323,500.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$133,528
Based on estimated value of $457,028 minus purchase price of $323,500
✅ You likely qualify! You've owned this home for 5.1 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:$133,528
Capital Gains Rate:20%
Potential Tax Savings:$26,706

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$133,528
Capital Gains Rate:20%
Potential Tax Savings:$26,706

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:$167,216

Equity Breakdown

Cost to Build Today$479,250
Investor Quick-Sale Est.$302,735
Monthly Rental Est.$2,971/mo

Your Appreciation Story

Your Annual Return7.0%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$71,729Growth above historical 3.5% baseline

Your home has appreciated at 7.0% 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 $167,216 equity in the S&P 500, in 10 years it could grow to $433,715 — compared to an estimated $407,429 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$152/mo
Maintenance (1% est)$381/mo
Opportunity Cost (5% est)$697/mo
Total Monthly Holding Cost$1,230/mo

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

While your home appreciates, it costs approximately $1,230/month to hold — including $697/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
☀️ Warm

Steady appreciation and consistent buyer interest suggest a balanced market favoring sellers.

Your Neighborhood

Located in Rocky Point, NC, this home is situated within the tranquil Pender County and is part of 'The Reserve on Island Creek Ph 2' subdivision. Residents benefit from being served by Pender County Schools. The area's residential performance (RP) zoning and generous 0.57-acre lots contribute to a spacious and peaceful living environment, all while being within the broader Wilmington, NC metropolitan statistical area.

Market Trend Predictions

1 Year Forecast$481,105Range: $466K - $489K
3 Year Forecast$533,130Range: $485K - $560K
5 Year Forecast$590,781Range: $505K - $642K

Estimated Monthly Equity Gain
+$2,006/mo

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

☀️Market Outlook & Sell Window

Good conditions — consider listing in the next 6-12 months

* 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

Report Generated By

Buddy Blake

Buddy Blake Real Estate

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