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Street view of 59 W Huckleberry Way, Rocky Point, NC 28457-4603

59 W Huckleberry Way, Rocky Point, NC 28457-4603

Estimated Market Value

$0
Range: $341,449 - $385,038
3Beds
2Baths
1,732SqFt
2016Built
2Garage

AI Property Analysis

Discover comfort and charm at this delightful 3-bedroom, 2-bathroom single-story home located at 59 W Huckleberry Way in Rocky Point, NC. Built in 2016, this 1,732 sq ft residence offers a welcoming open layout across 6 rooms, complete with a cozy fireplace for cooler evenings. The home features central air conditioning, a heat pump, and a convenient 2-car attached garage. Set on a generous 0.43-acre lot with durable vinyl siding and a classic shingle roof, this move-in-ready gem, recently sold in July 2024, is perfect for those seeking modern living in a serene setting.

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$0
Based on estimated value of $363,244 minus purchase price of $365,000
Not quite eligible yet. You've owned this home for 1.9 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:$37,921

Equity Breakdown

Cost to Build Today$389,700
Investor Quick-Sale Est.$245,843
Monthly Rental Est.$2,361/mo

Your Appreciation Story

Your Annual Return-0.2%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$0Growth above historical 3.5% baseline

Your home has appreciated at -0.2% 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 $37,921 equity in the S&P 500, in 10 years it could grow to $98,358 — compared to an estimated $228,842 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$121/mo
Maintenance (1% est)$303/mo
Opportunity Cost (5% est)$158/mo
Total Monthly Holding Cost$582/mo

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

While your home appreciates, it costs approximately $582/month to hold — including $158/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 tranquil community of Rocky Point, North Carolina, 59 W Huckleberry Way is part of The Reserve on Island Creek Ph I subdivision. This desirable Pender County location offers a peaceful residential setting with convenient access to the wider Wilmington metropolitan area, ensuring a balance of quiet living and urban amenities. Residents benefit from being part of the reputable Pender County Schools district, making it an attractive area for families. The 'Residential Performance' zoning contributes to a well-maintained and pleasant neighborhood atmosphere.

Market Trend Predictions

1 Year Forecast$375,958Range: $363K - $376K
3 Year Forecast$402,735Range: $363K - $403K
5 Year Forecast$431,420Range: $363K - $431K

Estimated Monthly Equity Gain
+$1,059/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.

⚖️ 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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